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.
How is this even considered a commodity fund? Do they spend the day flipping futures or what?
So basically that seems to be the case. From the website:
"The Fund will maintain a core long-commodity biased weighting while tactically allocating to th…
On that we agree and I most certainly hope there are some who will do so when the twit in chief tells them to hit the red button because his feelings got hurt.
No he hasn't Lewis. Soldiers have to follow lawful orders. There is no choice without consequences. Most soldiers themselves would never claim to be heroic or that they performed heroic deeds. They would tell you that they were just doing their jobs…
PTY is scary but only because I expect that at some point there will be an outside event which will give some folks cold feet causing the price to drop. I had been reinvesting the income but I am just collecting it now. PDI, PFL and PFN much less so…
Great story. Thanks for sharing. As a holder of several of their CEF's I couldn't be happier with the performance and returns they've earned for me to date.
OJ it's just not worth it. Get to your cabin, pop a cork and think bout how much your buddy Mark misses it all. You're still leaving me that place right?
Nobody expects perfect Ted. America was founded on the principal of doing what's right, doing for the majority not just the privileged, and taking care of those who struggle to do for themselves despite their best attempts. I'm fully aware of those …
I don't get that at all Ted. He bleeds for what America could and should be if we are true to our founding beliefs as a nation. Tell me/us where or how he is factually wrong. So much promise with no principals to practice what we preach.
I have always believed that a "core" fund was one upon which you built the rest of your portfolio around. It would be your largest position sometimes along with one or two others of similar size. As slick noted at the beginning of this post UMBIX - …
@davidrmoran - amazing, moving story. Thanks for sharing.
@BenWP - I've heard that said about many of the American Military Cemeteries in Europe. Each meticulously honored and cared for. Such a tribute.
Maurice, in my opinion you are mixing up your causes. Taking a knee at a football game had nothing to do with the military and you know that. It was a statement that in this day and age certain Americans are still treated differently than others. As…
Will these gimmicks never end. Being a veteran myself I'm all for assisting them but do it directly. Investing in companies will do them no more good than anyone else who gets hired but the companies might make out like bandits. However you also mus…
IMHO physical stores are not going anywhere. They may downsize, consolidate, reconfigure, adjust, whatever but they will still persist. Granted for some things like electronics, brand name tools and others one who knows what they want and price shop…
Thorny issue this is. I understand the rising costs for housing and all the affordability issues but a tax on jobs seems a little bit out there. Yes Amazon and it's CEO have tons of money and can likely afford it without batting an eye. Many other b…
@johnN - am I to understand that your portfolio consists of mostly individual bonds and mutual funds? Or just bonds? I only wonder because in many of the buy/sell threads in the past as well as this one you've only ever mentioned buying individual b…
The 'catch' (i.e. depressed share prices) is what makes them good investments at this time in my opinion. I just picked up some PEP and will be adding to T & PG.
Gosh, if this was political news we'd be inundated with real and fake versions of the story. Maybe Vanguard should set up shop in D.C. and give presentations on security.
@Hank - yes you can BUT in fairness I was not retired then AND I had more in mutual funds than I do now. If memory serves me I was down roughly 32% probably tempered by a 55-45 allocation to domestic-foreign funds. I also had no bond funds then unli…
@Hank - not a criticism just my own position with respect to cash. I hold less than Ted. It earns me nothing so why bother. My dividend stocks funnel me more than enough each month to cover my expenses and then some so we're good. I haven't a clue w…
Well from what I can find or tell it seems to depend upon who you ask. Royce has this to say about RYSEX "Small-cap value fund (generally market caps up to $3 billion) that looks for conservatively managed companies with transparent accounting that …