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.
Ranking from Money section of US News:
https://money.usnews.com/funds/mutual-funds/rankings/preferred-stock
Kiplinger article from December 13, 2017:
https://www.kiplinger.com/slideshow/investing/T018-S001-10-preferred-stock-funds-safe-substantial-…
Interesting call on BRK.B Maurice. It may not be a mutual fund but it is concentrated and it's hard to argue with it's success. I'm not sure that I'd buy it here but I'd look hard at it during a market correction. One negative if you can call it tha…
@Mgconsits - you asked "Which focused funds do you like?" I can't help you there. I own very few funds these days having switched to a dividend growth investing portfolio for the income provided. Hopefully others more in tune with the current mutual…
As a former long-time owner this used to be one heckuva good fund. Somewhere the managers reasoning/managing ability train veered way off the tracks and hasn't been seen since. I personally would not invest in this fund today even if you let me use …
No football analyst here but at the start of the season the only question was who is going to play New England in the super bowl. Frankly I rooted for anyone who would beat them but they have a history of pulling wins out of their butts seemingly at…
VFINX or pretty much any other S&P 500 index fund, no load, 0.14% ER, 1.69% yield. I just don't see any reason for me to own this fund. There are many other dividend-centric funds out there that give you better bang for your buck with the same d…
Ah yes, respectable indeed, but SB52 is coming back home. I'd show you the play again but no doubt you're still in disbelief as are most of the eskimo's around here.
Translation: He's going on vacation with no access to a secure computer terminal. He plans on selling everything equity and putting the money toward US Treasuries. He plans to evaluate that decision once he returns to a secure base.
To each their o…
No apologies here. I'm just trying to stay hip/current/with it/in tune with the terminology/tone blessed by 45. Also, what is more joined to the hips of the economy and taxes than politics?
@Ted - how much weight would you assign to that tech fund in one's portfolio? My sense is that most would not hold enough to move the needle so to speak and may also be less exposure than one would get in an S&P 500 index fund or it's equivalent…
For those who might think that they absolutely need a tech fund I would suggest that you take a look at the Josh Brown article Ted linked earlier today.
http://thereformedbroker.com/2018/01/15/breaking-up-tech-indexes-doing-what-the-economy-wont/
Yes cruelty, and sticking it to President Obama and anything he stood for. This most certainly is not the America I spent 4 years of my life getting shot at for.
Access to institutional funds (along with other restricted share classes and/or funds) is sometimes free or with transaction fees at Fidelity. The minimum initial investment is not always set in stone. Not all funds allow this nor are they available…
@hank - I disagree or beg to differ take your pick. His "surprises" are totally market/investing related (see your excerpt quoted above). He doesn't say anything about acting on them which is good, nor do I intend to which could go either way. Just …
Does anyone know what his batting average is? I googled but couldn't find anything. I also looked at some of his previous years predictions and it seems like he repeats certain surprises until they finally happen.
For those who might be interested the attached link was compiled by the Farnam Street Bolg.
Who is Charlie Munger? Wit and Wisdom From The World’s Most Irreverent Billionaire
https://www.farnamstreetblog.com/charlie-munger/
"Still attempting to determine if there are particular equity areas that may be more happy from the "tax package"; or if the equity market will be one big "love fest"."
@catch22 - there's an ETF for that, TAXR. Not for me though. I don't much care …
What about something like VWEHX or PONDX? VWEHX is risky to the principal I know but as long as the income keeps rolling in it'll recover given his stated time frame. PONDX is less risky for an almost equal effect. Have smaller amounts in Ted's 2 su…
You're welcome @MikeM. And no, you read it right the first time. Mutual funds constitute less than 17% of my entire portfolio. The other 83% is made up of growing dividend producing stocks and REIT's along with a goodly chunk of preferred stocks and…
@MikeM re: ROSOX/RNWOX split - the two seem to operate in different arena's near as I can discern. ROSOX the Overseas fund is a better fit straight on to the holdings in TIBIX being more centered on large cap foreign holdings in established markets…
At years end I sold a lot of TIBIX and divided it between the Rondure funds ROSOX and RNWOX. Frankly it's primarily a play on the management and ownership.
Trying to decide what to do with M now that the holiday shopping season is over. Otherwise j…
Circling the energy, utility and REIT dumpsters for signs of life. No particular favorites and may just end up with XLE, XLU or VPU and REM. For desert - MJX. Have a good year my friend.
Just thinking that infrastructure stuff might get a jolt but …
"FYI: Investors weren't challenged to make money in 2017. It was almost impossible to lose it."
Nevertheless, HSGFX persisted in keeping their losing streak alive. What is that like 8-9 years running now? Rockstar!
@expatsp - other than it (PTY) includes corporate bonds in the mix I haven't much of a clue.
@Ted - well then maybe the title of the article needs changing along with the statement that 'bonds' are stuck in no man's land. Obviously certain types av…
I'll take this kind of doing nothing any time, any year, any where:
PCI - 21.37% total return YTD
PDI - 19.17%
PFL - 21.61%
PFN - 20.87%
PTY - 27.30%
All return figures cited courtesy of M*
@hank & MikeM - thanks for the laughs. FWIW - I are. Too flippin' cold outside to do much else.
BTW Mike, you're suspect. You know too much about the process to be a virgin.
p.s. edited to add that I too went to assess an investment in MJX but…
