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Agreed Mike. The only point I was trying to make with age is that you buy the manager And until it’s proven the other managers cannot continue to perform at a high level then I am going nowhere.
This fund has been very good to me. I’m staying i…
VF I was referring to an article on m* which was referring to his time at Hennessy. I should have been clearer. Still no reason for his departure either.
Yes age is a concern but I am willing to give it some time.
Mr. Akre has a good reputation of training successors; i would not be too worried at this point.
FYI: I have a significant amount invested in AKRIX/AKREX.
Last Friday at 9pm i got an email from FIDO telling my FSMEX is closed effective IMMEDIATELY!
I contacted FIDO and they had no answer as to why there was NO NOTICE given, other than they did not want a rush of $$$$'s into the fund.
I do not recall…
Thanks everyone for your thoughts and suggestions!!!
wxman123, if understand you correctly, you are using VWALX as your "core" muni holding and supplementing it with other muni's?
I currently own GHYAX, Goldman Sachs HY muni; how (un)wise would it…
First, thanks everyone for your input, suggestions and recommendations!!!
Second, In opposition to my original post, I decided to invest in a HY muni OEF (GHYAX; Goldman Sachs).
I am now looking to partner GHYAX with another muni fund with shorter…
Mark, Vegomatic I have thought about those options but I have very little knowledge about them. I know I need to educate myself. Do you have suggestions so I can make an informed choice? Thx Matt
Thanks everyone!!
Crash, I live in Florida, no state tax, of course.
MikeM and others, FZDXX has a nice yield but no Cap. Apprec. My thoughts were as AndyJ stated "not something I'd count on from where we are now".
I'm just not crazy about HY b…
I’ve owned it for decades but have reduced pct over the Years.
I’m inclined to sell all shares. As previously stated it runs hot and cold AND there are better options I believe.
I recently invested in HMY (MMHAX) mainstay mackay (LW at FIDO).
I've been watching this category for a while and decided a few weeks ago to dip my toe.
Any thoughts? Too late? Too early? I've been invested in Muni's before but not HYM. I'm a …
Thx catch!!
I'll checked the SS website, but I probably need to talk to someone at SS to get a specifics and a complete understanding to determine if it is to my benefit to do so!
A little off-topic but regarding SS.
I have 2 young children and will be able to receive SS while they are in middle and high school.
My understanding is that I can collect up to 50% of my FULL benefits for each child while they are in school, up …
What does investing in gun companies have to do with anything EXCEPT the need to bring POLITICS into the conversation. A VERY IGNORANT statement!
This bogus comment can be taken to other extents: tobacco, abortion, alcohol and so on! UNINFORMED!
BrianW no disrespect taken; you are 100% accurate. I chose FMIJX for a reason several years ago and that reason has not changed, nor have my goals or needs.
Thank you for your perspective and wise words!! Matt
Very valid points made by all. Maybe "hedge" was the wrong term and misused as BrianW points out.
I almost feel like adding to FMIJX now or waiting for it to pull-back further, could be trying to catch a "falling knife"; i'm just not sure and mayb…
PRESSmUP thank you for the read. They appear to be very pessimistic and cautious near-term which is ok, it's their job to do what they feel is best for the L-T, i get that.
I just hope that the SIGNIFICANT under-performance does not continue thru …
hank you are absolutely correct, but it's good to know you are not alone in your thought process, right or wrong.
Investors have NO CONTROL over the markets, only our emotions and decisions.
Appreciate the comments and insights! Thx!!
It's sometimes hard to accept SIGNIFICANT under performance. The 98th percentile in 2017 and early 2018 does not make a trend, but should it not raise "some" concern going forward???
Does it not warran…
GREAT comments and thoughts everyone, THANK YOU!!!
I truly value the feedback I get from members of this forum; there is an abundance of knowledgeable investors with varied insights that help me (and others) make better informed decisions! Again, …
I can't comment on PRGTX, have never invested or looked into it.
I own DSEEX/DSENX and I pair it with AUEIX/AUENX as my LC core holding. These are long-term investments for me and I do not worry if they under-perform short-term.
I don't view them…
GREAT info, analysis and insight msf, thank you!!!
You made many sensible and valid points that I did not take into account; appreciate your very informed and wise perspective. I will have to reevaluate and read the article you suggest before i de…
Ted, glad to hear you are pleased with the purchase! I am very interested in this fund; it is on my short list at this point.
Are you concerned about the relative high volatility/risk rating? Relatively short existance?
No so sure about the fool phantom thinking; they are legit concerns. Every time I try to be proactive it backfires, i'm going to ride this out as long as i can.
My "timing" is atrocious, almost never benefits me.
Thanks for your candid response!!
Thanks for the insights! I was just curious and know there is an abundance of knowledge on this forum that would be able to give me a little more understanding!
I'm not worried at all; I just thought the 2+% decline was a little steeper than what …
This is a little off-topic of emulation, but if anyone would comment I would appreciate your thoughts and views.
I am a fairly recent (2017) investor in DSEEX so I have not reaped the previous years benefits. I have no intention to liquidate or re…
Ted, in theory I agree, but isn't prudent to "buy the manager" or at least give the mgr significant weight?
Let me ask you this: certainly there is no guarantee, but is there something about Rondure v. Wasatch that prompted you to convey that cave…
