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Several differences between OAKIX and FMIJX.
1. OAKIX has suffered outflows and may have reopened in order not to sell stocks to cover.
2. FMI management seems to close funds much sooner that Oakmark. FMI large cap closed years ago with only a fe…
Crazy market. I guess we can't predict the direction of the market. It's just really difficult to add fresh cash into a market of stretched valuations.
I've added the following funds to my income portfolio this last month.
VWINX
MAPOX
PONDX
GIBLX
PTIAX ( purchased today )
Plan on adding VEIPX and several individual stocks as the market allows.
Hi Zoneblitz!
Your lineup looks really good. Now, what are the percentages going to be, I wonder? Just like football, it's all in the odds regarding what it is you do and why you do it. In other words, the game plan (Blitz or Play Zone or maybe M…
I really appreciate all the comments. This current market really makes this challenging. I'm very happy that I asked the question on this forum. Many thought out ideas and well grounded concerns. I think I'm going to gradually invest in the followin…
ZB, I think your initial choices (VWINX, etc) are all fine/good candidates.
You may also wish to consider, for some, limited portion of your portfolio, closed-end funds. CEFs are focused on delivering what you stated was your goal: income. Rig…
MJB,
Thanks for your comments and concerns. I do share many of the same concerns and that's the reason for me reaching out. Much of the advise (from professionals) just seemed to confuse the already complicated situation.
Hi ZoneBlitz!
You have some great picks. I own VWINX, PONDX, DLTNX. I sold DLTNX a while back but will buy again when this rate thing is over. I will add VWELX.....higher in stocks. But 30% stocks might not be enough in the long run. Also, I wi…
SCHD is a good choice. Super low ER.
Another option are income funds. In particular, multi Asset Income funds. They give the manager a wider scope to find income sources wherever they may be. I know TRowe Price has a few in their stable as well as…
