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.
Hi @Derf,
Thanks for making comment.
Just because stocks are rated overvalued, by many including myself, it does not mean that they can not continue to move upward and become more overvalued. Investor sentiment determines the price of an asset c…
@Crash,
A fund that I own that is good at manufacturing income is AZNAX. Morningstar list it's TTM yield at 1.87%; but, the fact is that it pays 7 cents per share per month for a distribution yield (including capital gains) of 7.34% based upon c…
Hi @Gary1952,
Thanks for making comment. Regarding your question about the shoeshine boy picking stocks.
At the age of 12 (around 1960) I became an investor by buying my first mutual fund from money my great grandfather had given me for my share …
Hi @johnN.
John I want to thank you for your continued effort to post articles for members and viewers to read. Keep it up and you will become ... Linkster, Jr.
Now for my comment about this article. Old_Skeet has two sleeves of dividend payin…
I'd thought I make a second comment about this months edition of Dr. Madell's newsletter.
I find it interesting that Dr. Madell chose five year periods for his study to determine what the next five years might offer investors. This is because I …
Hi @MikeW and @Crash,
Thanks for making comment.
Mike, interestingly my small/mid cap growth funds were some of the best performers (AOFAX and KAUAX) as noted above while my small/mid cap value funds were some of the worst performers with (NDVAX -…
As of market close Friday January 10th, according to Old_Skeet's stock market barometer, the S&P 500 Index is extremely overbought with a reading of 128. This is up two points from last weeks close of 126; however, the Index remains extemely ove…
Hi @Gary1952,
Welocme to MFO.
Thank you for your question.
This should help provide an understanding of how I govern my portfolio along with how the pieces fit into a master portfolio. The hybrid income sleeve is a big part of my portfolio and i…
Hi @Gary1952,
I have been commenting on Old_Skeet's market barometer for about five years now. With this, there is quite a history if you wish to venture back through the stack and read these post.
But, to provide a short recap of how it works he…
Hello.
I can understand why this thread has such good interest with members as there are a good number of us on the board that are retired or near retirement seeking income. I have good interest in fixed income and have a decidated income sleeve…
Hi @Crash: I checked CD rates with my broker recently and the best I could do on an 18mo CD was 1.75% (monthly pay). With this I put the money into a money market mutual fund. I currently have money in the following mmk funds. They are AMAXX, GO…
Hello, I own AOFAX and have been very happy with it; however, it is closed to new investors. I also own KAUAX which is a sister fund to FKASX. The reason I decided on KAUAX is that it has a wider spectrum of investment coverage and has representat…
Hi @bee, No problem whatsoever in your posting this. I always enjoy reading what Dr. Madell has to write about on investing. Besides, my thinking, the more people that post the better the activity for the board.
My takeaway, from reading the ne…
First and foremost I feel one should invest based upon their risk tolerance and income needs. For me, my all weather asset allocation is my ticket that allows me to stay invested through the ups and downs that come with stock market investing. Bel…
Thanks to those that had questions and made comments. Below is this week's report.
As we close the first week of the new year, according to Old_Skeet's stock market barometer, the S&P 500 Index is extremely overbought with a reading of 126. D…
To maintain my portfolio's asset allocation of 20% cash, 40% income and 40% equity I am now having to buy in the income area since equities have had such a strong run of late. I just added to JGIAX which is a member of my income sleeve. Other fund…
Hi @Derf,
Thank you for your question regarding the average naked short volume for SPY.
For the past thirteen rolling weeks the average weekly naked short volume is 53%. The highest weekly percentage took place for the week ending 12-27 at 67% an…
Hi @Crash,
My three hybrid type fund picks, from the growth and income area of my portfolio, would be AMECX, CAIBX and TIBAX. All three of these are good income generators plus they will grow your capital over time. From the income area of my p…
That helicopter money has to go somewhere. Me thinks ... stocks! And, with this, stock valuations soar! Along with expansion of P/E Ratios. Seems that is what has taken place this year ... and, most likely most of next (2020).
Currently, Old_Skeet has about 7% of his equity allocation in emerging markets; and, that is about the "max" for me as I do not wish to get "grounded." Ha ... ha!
Not much has changed from last week through this weekending barometer readings (and reporting) as the barometer produced a reading of 126 for both weeks indicating that the S&P 500 Index is extremely overbought based upon the metrics of the baro…
I get my muni exposure through Nuveen All American Municipal Bond (FLAAX). This ticker symbol is for the A share class. Please know there are other share classes available for purchase.
Hi guys,
Some of my long time oef holdings and better performers found in my income sleeve are Lord Abbett Bond Debenture (LBNDX) ... Pimco Income (PONAX) ... and, Nuveen All American Municipal Bond (FLAAX). I have listed their A share ticker symb…
Hi guys,
I received a nice "Thank You" note from Lynn Didesch, Ted's wife today. I'm thinking she sent this to me to thank everyone. It reads as follows.
"Dear Cecil,
I am so sorry it took me so long to write you. I'm not that computer savvy a…
Hi johnN,
Thanks for your continued of posting of articles for members to read. You have been finding some good reads; and, I want you to know it is much appreciated.
Cordially,
Skeet
Old_Skeet's market barometer as of Friday December 20th market close reflects that the S&P 500 Index, based upon its metrics, is extremely overbought with a reading of 126.
Interestingly, as the Index climbs in value so has the daily naked shor…
Hi @hank,
My thoughts concerning @Simon was to expand the participation on the board. Who better to carry an idea forward than the one who brings the idea to the board. Simon seems well versed. Old_Joe has indeed been a long time contributing me…
@Simon:
Simon you bring forward an excellent idea about an investor sentiment poll. Perhaps, this is something that you would be willing to headup and take on for us thus becoming a more active posting member?
For me, a poll just tells what one…
@MikeW,
Continuning my comment on your question about the better times for Old_Skeet to be a buyer of equities.
Generally, I put new money to work on the equity side of my portfolio when the barometer reflects extremely oversold, oversold or und…
Hi @MikeW,
Thank you for your question concerning the better times, according to Old_Skeet's market barometer, to have put new money to work in the S&P 500 Index.
Thus far this year there has been only one week when the barometer reflected tha…
With the upcoming merger of BB&T headquartered in Winston-Salem, NC and SunTrust headquartered in Atlanta, GA I've been thinking of moving my account from BB&T to First Citizens Bank & Trust Co. which is headquartered in Raleigh, NC. I'…
Hi @Derf: Years back my family sold off farm land (piecemeal) and went from harvesting cash crops from the soil to havesting cash dividends from the stock market. Currently, the only property I own is my homestead and a scond home located on the c…
