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.
"Vanguard is essentially a non-profit, because it is owned by the investors in its funds. Therefore any profits it earns are returned to the investors in its fund in the form of lower fees. In contrast, Blackrock is a for-profit publicly traded com…
TBHDX ? If so IMHO they rely too much on financials and healthcare companies (read: low yields) in the construction of their portfolio with little to nothing in the usual dividend paying suspects like utilities and telecom. I somewhat understand tha…
VF - it's been my experience that lawyers always get paid their "usual and customary" fees before whats left gets divided up amongst those who actually suffered losses. It's been going on here in MN in the Tom Petters ponzi scheme for over 8 years n…
If you mean the article you linked I did but it read like just his opinion, offered with little in the way of basis, but in the end he'd let you in on all the secrets if you subscribe to his service. In other words I felt there was little if any sub…
I intend to hold them but I am not adding to them. The premium's on PCM & RCS are too far out of whack for me to consider them at this time. My other holds are PTY, PFN and PFL. PTY seems like a contradictory hold (premium/discount wise) until y…
Offered simply for your consideration:
https://seekingalpha.com/article/4074037-closed-end-funds-expensive-cash-substitutes-open-end-fund-alternatives
And a M* discussion from the M* Closed-End Fund discussion forum:
http://socialize.morningstar.…
@Maurice - from the Snopes article:
"Officials with Ringling Bros. said that a variety of issues contributed to the decision. Ringling Bros. and Barnum & Bailey’s chief executive officer Kenneth Feld released a statement on the company’s web sit…
Hi Ben. I just sold out of HQL and put the proceeds into GRX. I was looking for a more conservatively run fund selling at a discount with a more reliable distribution. FWIW, I still have a fistful of THQ.
I own a sizable stake of OHI and have for some time. I think it's important to understand that they own the land and not the facility. Their tenants (the healthcare facility itself) rely more on private payer patients rather than Medicare/Medicaid r…
@Maurice who said "This is happening under the guise of stopping animal cruelty. Part of our political correctness craze."
Sorry but you couldn't be more wrong.
Ringling Brothers to shut down - http://www.snopes.com/2017/01/14/ringling-brothers-ci…
To be honest with you I don't know how I would do a MF portfolio these days as the 5 I hold add up to less than 6% of my total portfolio. That's kinda why I asked those that do. And up until a few years ago I also held no bond or bond type funds but…
I didn't get that from the article jerry. Kmart was in trouble when he took it over but he is pretty much responsible for driving both of them into the ground.
@davidrmoran & @PopTart - it's been awhile since I've washed my MF car so humor me please. Why do you say it's too much?
According to Bee's list he has LG, LV, Int'l, 2-MidCap's, 2-bond funds and an emerging market fund. I can understand combin…
Just wondering why they use PONPX instead of PIMIX. Same fund, same minimum, different ER (0.55% vs. 0.45%)? Also, depending on how he feels about the MLP sector I might be inclined to split or swap MLPOX for something in the REIT sector. I know, he…
Tiger, I feel your pain. The new yahoo portfolio view is an abomination that even Fidelity or M* would have a hard time beating and their tech departments are garbage.
Well MJG, if that was your response to the critique posted my msf I must say that is was spoken like a true politician. In other words you answered a question that wasn't even asked in an attempt to justify Ferri's use of Occam's Razor. Good job.
Just another article that isn't worth the cyber digits used to produce it. I couldn't tell if he was comparing brokerage firms or dividend growth investing. Maybe there was a point in there somewhere but it went right over my head. I do have some re…
When I was a beginning investor I used to read magazines such as Kiplinger's, Money and others figuring they had answers. You learn with time and experience to become more discerning. Simple sells, I get it. Our last presidential election is proof o…
Well Ben, I'm not divulging anything new here but we are all ultimately responsible for our own decisions. Those that write the articles on SA are supposed to state their long/short position in the stocks or funds they discuss. Those that write the …
"....And it was hard to believe that the White House press secretary could be careless enough to erroneously make such a radical suggestion.
Or, rather, it was hard to believe that if one failed to remember that Sean Spicer is very, very bad at his…
Somebody else thinks so too:
In Trump's White House, policy can be shaped by the last CEO he met
http://www.cnbc.com/2017/04/27/in-trumps-white-house-policy-can-be-shaped-by-the-last-ceo-he-met.html?__source=yahoo|finance|headline|headline|story&a…
Not to belabor the point Ted but I try my best not to post trash to the MFO website. There are many astute readers here and I prefer to not insult their intelligence. Your dance around my question suggests that you really can't fault much in the art…
With all due respect Ted your response to Bee contains nearly the same advice that Mr. Van Knapp gave to the readers of his article regarding high-yield and high-quality dividend stocks. He did not address the issue of capturing the dividends on ris…
@Ted - sorry but I believe you should read the entire article before you cast judgement on the author and the article's merit. Did you? Your comment makes it appear as though you stopped at the first listing. If you had continued reading you would h…
Seriously @Ted? What are the economic and financial backgrounds of the collective mass who post on this website? To each their own. You of all people should know that there is more than one way to invest.
Yes I know it was all nonsense. What puzzled me was the statement that they didn't know what browser I was using but they knew that it didn't meet their security protocols. How did they know that? Anyway, Apple was happy to learn that their latest a…
