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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.

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Muggles208

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Muggles208
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  • I have some reluctance to invest in multi-asset funds or some x-y-z strategic funds. I view my portfolio as a multi asset personal strategic fund in itself. My first objection is I don’t want find someone else’s strategy turning around and working…
    in TMSRX Comment by Muggles208 January 7
  • In 1997 my stock walked around 200 acres baa-ing or naa-ing. I had 250 shares of baa and 50 shares naa. My “stock” broker would buy the sheep and goats at last Saturday’s auction price minus 4%. In 1983, I sent a dozen lambs to market and got $10…
  • This is something I have spent the last year working on since I turned 70 and started collecting social security. As of now I have 3 equity funds chosen by me. Currently a small value, an industrials, and Fidelity’s housing and construction. 2 …
  • My dad told me “You can’t take it with you, but be sure you have enough to get there”.
  • I hope it didn’t pick any bad habits from the M* website. John
  • 31 October 2020 Portfolio summary 20,000 shares of FUAMX. $237,800. 2,000. IGOV. $105,940. 10,000. SGOL. $180,500. 7,000 SGGDX $183,960. 1,500. FSUTX. $131,…
  • It has been pointed out how inextricably politics are in everything we do, so my inclination is to keep things as they are, as after the election the traffic will likely diminish. I have come to trust several of the posters here, starting with inve…
  • Also, thank you royal4. That expresses my feelings on this with an eloquence I do not possess and presents the dichotomy I tied to set up.
  • Not required for a reason is subject to too much political bias. If you can truly and honestly accomplish the required safety with an alternative method, I would consider the argument. What prompted the post was watching on TV a militant jackoff s…
  • Life lessons Third grade. “Haste makes waste”. Sister Almira Seventh grade. “He who hesitates is lost”. Sister Ambrose Some time in my 20’s. “Well, punk, you gotta ask yourself ‘Do you feel lucky today?’” Dirty Harry
  • I made the decision to invest in assets rather than strategies. I started investing in 2000 after I sold the farm to pay debts and send my son to college. After reading an interesting bio, my first mf was First Eagle Global and the manager was a pr…
  • Our national emergency has declared a national emergency! You have to do something like pray for change because there is no way Trump, or McConnell(sp?) are ever going to change.
  • Confucius say: “He who hesitates is lost.” The nuns who taught me in grade school had as many sayings as Confucius. Not only does “He who hesitate is lost” but “Haste makes waste.” It wasn’t until about seventh grade that I distilled that “you g…
  • FPNIX. FSUTX / FRIFX / FWRLX TGUNX As each of the Fidelity funds earns 1K over the initial investment, I sell that amount and add it toTGUNX until that is equal to those Fidelity funds. Then I will start to build another fund, the curren…
  • @johnN Spot on. I live in a county that receives hundreds of millions of dollars for the local university sports arenas and teams. I kid you not, hundreds of millions. In a county where 1 in 5 children isn't certain where their next meal will com…
    in Empathy Comment by Muggles208 June 2018
  • To continue ( it's even money wether or not I live long enough to learn how to use this infernal device) how I want to raise a family or educate my kids. I am very dismayed, repulsed, and angry with the treatment of children by our federal governme…
    in Empathy Comment by Muggles208 June 2018
  • +1 @rono I’ll add that a recent WSJ article warned that SS and other “entitlements” (as the right wing has branded them) are greatly endangered because we seniors are comprising a growing % of the population. Yet, it also pointed out that slowing i…
    in Empathy Comment by Muggles208 June 2018
  • My grandchildren are two and five years old. When I look at them, there is no place in the world, real or on line, that is sacred enough or off limits that I won't shout against the brutal treatment of babies and small children. And I would not of…
    in Empathy Comment by Muggles208 June 2018
  • Where are the evangelicals and their millstones? 2Jesus called a little child to stand among them. 3“Truly I tell you,” He said, “unless you change and become like little children, you will never enter the kingdom of heaven. 4Therefore, whoever humb…
    in Empathy Comment by Muggles208 June 2018
  • I own domestic equity funds, international stock funds, and fixed income funds. I'm also not the smartest guy in the room, so I hedge my investing with a manager who I've researched and who has impressed me that he will do well. Jean Marie Evillar…
  • With whom I chose to do business with, give my money to as well as how I make my money, is as important to my beliefs and my well being as is how and who I vote for.
  • My "retirement" job is putting in gardens for people retiring in their homes but are no longer able to do some of the work. A lot of what I do is building raised beds to help ease the bending and lifting discomfort. The price of cedar this spring i…
  • I've always had a world stock fund as the core of my portfolio, SGENX was the first fund I bought when I sold my farm and thought it would be a good idea to start a retirement account before I blew it all. Jean Marie Evillard was the reason I bough…
  • I use allocation funds in a different manner. For each of my accounts, IRA's and investment, I match an allocation fund to serve two purposes, the first is matching the funds I wish to add the account, equities or not equities, for instance. Then …
  • I love my morning newspaper. The old kind that they used to wrap fish in and you can still swat a fly with. Over breakfast and coffee I go through the whole thing, catch up on the news, read a few items of interest, my favorite part is the letters…
  • I keep recommending to my local hardware store to carry hammocks. And put them up for display so I can test them out. Today would be perfect, the forecast is for the highest ever recorded temperature in Eugene, Oregon, has to beat 108 degrees.
  • Last night I, too, noticed this number was out of line. I looked for an explanation in the x-Ray info but found nothing. BTW, you are doing much better than I.
  • This is always been something I have wondered about, what recognizable names in discussions actually invested in outside of any topic at hand. For me I started changing my portfolio this year from accumulation to preparing for retirement income. M…
  • Evermore Global Value has almost 70% of its equity holding in Europe and an excellent ( in my opinion) manager from the Mutual Series value tradition.
  • @DanHardy Worry has an incorrect connotation for how I'm looking at retirement. Wonder is probably more accurate. Not only do I wonder what's going to happen, I find it some sort of "wonder" that I have this to consider at all. When the heck did …
  • While I worry about affording retirement, it was sobering to see how far up the pyramid my savings have put me.
  • Thanks to all of you who have taken the time to respond. I agree that housing and real estate are sort of hand and glove. I have used Salient select income, FFSLX, for years as my real estate holding. My request was more to the housing and constr…