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.
I'm guessing that the couple who found two rusting cans of gold coins while out walking the dog beg to differ. Gotta go, my furry kids are calling for their walk.
Kaspa, I own FSC and PSEC and I'm still expecting them to do well. They might lose some in terms of trading volume by no longer being listed in the Indices but that shouldn't affect how they go about their business.
Every fund has a strategy that they adhere to and I suppose that an owner of the fund can always say this resonates with me, my goals and my objectives. I prefer to hold my own cash to deploy into promising opportunities, be they funds, stocks, pref…
Reply to @Ted: I don't know Ted, 0.77% is pretty darn close to neutral. Waddaya want? At least it's not negative. Another group of funds I have no use for. Seems to me if you want to go neutral only put half of your investing money in the market.
With regard to Sears, Kenmore appliances and Craftsmen tools are still quite popular with many folks. Whether that adds up to $150 in value per share is open to debate I guess. Frankly I don't have much of a clue as to how valuable their land holdin…
Reply to @Kaspa: The usual suspects - MCD, GE, CVX, HD, O, EPD, KMI, KMR, OHI, and SO along with the not so usual LINE, TAL, TWO, PSEC, VGR and NGLS. Recently stepped into UL and AAPL and added to O and TAL. I'm looking to step into SDRL and possibl…
Reply to @cman: The general demeanor of this board leans toward not calling people out by name but rather a discussion of viewpoints and opinions. Your take was one. I offered another. It clearly was no rant, it was an observation to which I admitte…
Reply to @Junkster: So just to be sure that I have this right, unless I engage in group think and go along with the opinions of posters I never called out by name I am in attack mode and untitled to a differing opinion in line with my belief system.…
Reply to @mrdarcey: I considered that but even if the same posters view it 10x each that still leaves a lot of ground to cover. Likewise with respect to your point on lurking versus participating.
I don't want to get off track or rile everyone up b…
Multiple funds in the same sector:
I think it's going to come down to your own comfort zone and I truly don't think that there is a right or wrong answer, just differences in opinions. I don't do it myself anymore but I did at one time believing th…
I tend to agree with Scott's comments that you are lacking in international exposure. I'm also of the opinion that mid-caps are too easily trashed and dismissed by the financial press. You own Contrafund, maybe the Low-Priced Fund might be worth a l…
Reply to @Junkster: Just a thought, since you are so fond of noting how this board lacks depth and character in discussion, why not lend your vast expertise and viewpoint to the other side of that statement so that we all might benefit. The sheep mi…
Reply to @Kenster1_GlobalValue: I'm not an investor in any of their funds but I love their cited quote:
“[Y]ou often hear financial professionals say such things as ‘forecasting market direction from here is exceptionally difficult’ in a tone conve…
Reply to @cman: Old habit and courtesy. Back in the early days of FundAlarm and possibly many participants with not much more than dial-up access posters would append it as Maurice did just to let others know there was a link to outside info contain…
I think that being in the market, i.e. "investing". implies being a gambler. See: BBY.
Granted, you can mitigate your risk and approach in any number of ways but the two seem to go hand-in-hand to me.
Reply to @Ted: So in this case it comes down to a potential investor placing two bets, one on the guy that you're handing the money to hoping that he's good at what he does and the second is his bet that he's got it right. His track record depicted …
Reply to @hawkmountain: You know all too well they are the loves of my life but I did lose my best, Kodiak, to cancer a little over a year ago. Bryson, the new pup, picked up right where Kodiak left off so life is good.
Have fun on your trip. It so…
