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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Dalemn
Absolutely the worst investment decision I ever made, down over 40% in one month and over 20K poorer. Too anxious for income, I forgot what place bonds play in a portfolio and reached too high. I have to believe management also did. It seems they failed to build in a worst case and totally failed to build in any risk mitigation. Now it's time to sweep up the floor and revisit a bond/cash allocation for a market still driving toward a new world of long term uncertainty and returns. Twenty down and a chastened eye on developing a portfolio more mindful of risk for the next 10 years.
It never ceases to amaze me how a simple idiot has become such a powerful symbol of life or death significance to some people. When I think of Trump, I think of the questions what is the deliverable? I think would the country or the republican party…
I got killed here, losing over 40% in a month. I failed to ask and answer the why did I buy this in advance. The answer would have been for income. But what I bought was something with greater than equity risk in the name of boosting the return of t…