Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Just a minor observation but I don't believe that any politicians/congress ever believes that laws apply to them or their cronies/benefactors. Laws are only a tool to try and keep the minions in line.
I think many dividend payers have gotten ahead of themselves but if you'd like to play just a little bit Cracker Barrel (CBRL) currently has a blue light sale going on with their shares. Yield is currently 2.96% and they toss in a special dividend e…
How many crumbling bridges does it take to convert a deficit hawk? It just astounds me that with the US population overwhelmingly in agreement that we need to get moving on infrastructure building and repairs that we can't get congress to find a way…
I wonder who is actually buying these funds. It can't be yield chasers because there's little yield to be had. It can't be income chasers because without yield there is no income. Granted both income and yield are better than owning a bond fund thes…
For those looking for an investment quite similar to CSCIX might I suggest that you consider one of two CEF's offered by the same C&S outfit with nearly identical portfolios. They are RQI (leveraged) or RFI (unleveraged). Just a thought. Persona…
@Charles and Press - with FNMA at just 6-7% of the fund holdings how big of an impact are you expecting/anticipating from even a positive decision? Also didn't the fund have quite a larger percentage of assets in this holding at the start of this di…
I would ask myself what can these programs do for me that I am unwilling or unable to do myself. Or, maybe it's worth it for you to have them manage an IRA account for example while you manage a regular, taxable account.
I agree with the comments that you have made Press and I'm also a fan of Josh's work. However, I don't follow either religiously and search for as much balance as possible when performing DD. If I had to choose it would be Josh because he will admit…
I hold a few but I'm not sure I'd rate any of them screaming buys at today's valuation levels. Also be aware that the article's author has often been regarded as someone who has never met a REIT he didn't like. Yes, retiree's like REIT's and the usu…
Ben, to save on the electric bill and protect my ears from mostly inane prattle by commentators, I just click on Ted's always reliable morning briefing link. Your way is certainly OK too.
I'm not sure that you will find a no-load fund but maybe the ones cited in the linked article are available at certain brokerages without the load. Warning, it's a dated article. It's also possible that certain convertible and/or equity income funds…
Any good reason? You ask a good question Bee. My answer is that it depends. How's that for wiggling. Anyway I've been playing the same mind games and juggling the benefits of holding just one Visa card over another. For me it comes down to which one…
I received my new Costco Visa over two weeks ago. I also noticed that Amex won't take any more online bill paying submissions after tomorrow 6/19/2016.
See here:
http://www.mutualfundobserver.com/discuss/discussion/28122/investing-is-not-a-game-of-perfect#latest
I've pretty much given up trying to out think the market.
@Mindy - if you're referring to the first graphic it's merely showing the price fluctuation of a share of Apple stock over a slightly less than 'one' day time period (or trading session).
It just boggles the mind Charles. Can you say Steadman Funds? As you stated the reasons run the gamut from the lack of motivation to move the funds to possibly a complete lack of knowledge about what you own and how it's performing. Honestly I tend…
In a hurry to get out on the links this morning Ted? Beposke's indeed! Tee it up mister, I'll be waiting for you at the 19th hole. Just messing with you.
@MJG & Roy - Gentlemen, I couldn't agree more. For years and years I chased around reading all the pundits/guru's/hot hands writings and recommendations trying to diversify and be in the right place at the right time when all I really had to do …
I can get a quote at Fido and Scottrade but each note that it is unavailable for purchase. I tried also to place a trade via live chat with a Fido rep but the system told her no as well.
I own GILD and PFE, along with HQL and THQ two CEF's. I reinvest the dividends but have not added to any of the positions otherwise. I also hold a good chunk of POAGX which has a 25% allocation to healthcare so I'm not compelled to jump in further j…