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.
Yea, even with my own millennials it's hard to convince them that investing in the tried and true hitters who spray it all over the field year after year is a better bet than the hitter who cranks out a grand slam once every 5-10 years.
However, if…
Looking at a total return graph comparing POAGX, RPMGX and VETAX on M* I fail to see the benefit of holding VETAX. It appears to track RPMGX like a shadow (or vice versa) so what benefit is being gained other than perceived manager diversification?
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From Ted's post "Why does active fund management disappoint so often? One big reason is because most active managers refuse to hold cash when stocks get expensive."
Question: How much cash does an index fund hold?
That alone led me to blow off the…
@Catch22 - I can only surmise that someone clearly objects to a well-mannered, clearly labeled 'off-topic' discussion that garners more curiosity (views) than the usual post. Or maybe it has something to do with fighting back against climate change …
Bought some T (AT&T) and UTG (Reeves Utility Income) on their beat down today. UTG has an upcoming rights offering which is temporarily messing with their price.
As near as I can decipher the 'energy efficiency charge" in MA is a fee used to reduce future energy costs by investing in energy saving infrastructure now. Don't ever forget Maurice that they are out to get you.
Here in MN all of my utilities have…
Geez Anna I hope you don't live in a place where it is rainy, dark and cloudy 80% of the time. I'd go banana's! I would also think that trying to produce solar energy via panels under those conditions would be exceedingly inefficient. For more info:…
Not that I personally know anything but the rumblings are that some OPEC members are playing loose with their quota's and with the US cranking up production there's no place for the price to go but into the 30's. How deep it goes is anyone's guess.
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This article compares and talks about the differences between the top 10 dividend ETF's including SCHD. For those interested:
https://seekingalpha.com/article/4080167-top-dividend-etfs?uprof=46&isDirectRoadblock=false
"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…
