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:
You have asked a number of questions of me over time. I now have a question for you.
What is your investment strategy (and game plan) to deal with the current investment climate that we are facing?
Thanks,
Old_Skeet
Hi @Derf,
For me, I'm fully invested within my asset allocation of 20% cash, 40% income and 40% equity. Following my rebalance policy I can hold up to plus (or minus) two percent form the threshold weighting. With this, I can hold up to a 42% wei…
From reading what others have written ... I see ... we've got a broad spectrum of thoughts about our President.
I'm thinking he has good business wisdom, a rational thought process to go from A to B; and, a willingness to go against conventional …
Thanks John for posting the newsletter. I always enjoy reading what Dr. Madell has to write. I am most happy to see he posted his model portfolio asset allocations. Being an asset allocator, myself, this is something that I enjoyed seeing.
One…
Hi @JoeD,
FWIW ...
I have known of the Plunge Protection Team, for sometime, that was started by executive order under President Ronald Reagan. I personally believe that it has engaged in the capital markets from time to time as the government f…
In doing a recent Instant Xray analysis of my portfolio I am currently holding, within my equity allocation, a little better than five percent in emerging markets. The two emerging market funds that I hold are NEWFX and DWGAX plus some global asset…
Old Skeet's market barometer as of market close 5/23, based upon it's metrics, reflects that the S&P 500 Index is undervalued with a reading of 156. With this, I did a little buying yesterday in one of my global equity monthly distribution fund…
Last year David Tepper purchased the Carolina Panthers for 2.2 billion dollars. This might explain, in part, why he is throtteling back his hedge fund activities so he can devote more time to football. There is strong talk of moving the team's hea…
Hi @Crash:
I currently own ABALX in the 50/70 allocation fund classification. I have also looked at JDBAX ... MAGWX ... and CVTRX; and, I have found them to be pretty good and interesting as well. All of the tickers are for A shares so you might…
We will see if this is so. I'm thinking he still has a pretty big swag about himself. So, I'll continue to look for more markt volatility. And, from my perspective ... marekt volatility does present, at times, some good buying opportunity. So, w…
Hi @Ted: Thanks for posting the Bespoke Trend Analyzer updates. Good information. Old Skeet's market barometer, based upon its metrics, scores the S&P 500 Index (SPY) at fair value with a reading of 154. This is just short of entering underva…
Hi @Derf:
FWIW
I'm looking to do a little buying, in some of my good dividend paying equity funds, like (INUTX & SVAAX), should the S&P 500 Index venture into the 2750 range or below. INUTX has a yield of about 3.0% and SVAAX has a yield …
With the market having a hissy fit due to the trade debacle that now exist with China I'm feeling pretty good in (now) holding some extra cash. In checking Old_Skeet's market barometer, this evening, (that follows the S&P 500 Index) I am findin…
Hi @johnN: Old_Skeet will need to see somewhere around 2750 on the S&P 500 Index before I'll begin to consider (or even thinking about) putting any new money to work in equities. As you may remember I was equity heavy a few weeks ago and have …
Hi @Art:
I tend to look at things in a different color of lens than most on the board. I'm thinking, this is because of my baackground being a former credit manager of a fairly large wholesale distribution company servicing the Carolinas, parts …
Now ... you folks know I'm not a grammar expert or great wordsmith. However ... I'm thinking ... that the comma needs to go after the word this. And, would read as follows: "But for the next several years following this, diversification smooths ou…
Hi johnN: Then she really has a broader asset based investment portfolio (more than a 30/70) cosnsiting of four asset classes. I'm thinking cash, bonds, real estate and stocks? My late father's asset allocation was 25% cash and cds ... 25% bonds …
For me, I have, for the most part, through my many years in investing, trimmed my equity positions into strength and expanded them on weakness. As to old saying goes ... buy low, and sell high.
From my perspective, this is a grossly overvalued mar…
Here is an update for Old_Skeet's market barometer (which follows the S&P 500 Index) for the week ending April 26, 2019 along with my thinking.
Old_Skeet being a retail investor provides this information for information purposes only. It simply…
Hi @Crash:
The Electoral College is a pretty complex and an encompassing process.
I have provided a link below that explains it in great detail.
https://en.m.wikipedia.org/wiki/United_States_Electoral_College
So, please tell why you feel it sh…
Hi @Seven:
You bring up an interesting point. I am better playing the upside than I am the downside. This is the reason that I am currently running a 20/40/40 portfolio. Once, the downside comes then I can put some cash to work in an equity spi…
Hi @hank,
I think some try to go all in when the investing climate is in an uptrend and the all out with the climate becomes stormy. For me, I'm a long term investor that will move between certain ranges within my established asset allocation. …
Folks, this is a well written article that provides some good thoughts as to how the average retail investor can become a better one. Perhaps Carl (the subject in the article) along with a good number of my friends should start reading the MFO boar…
Well Gents: Digest this if you will ... Please. Thank you.
In short words ... The Muller Report looks bad for Obama. All this mess took place under his watch as Commander in Chief. And, he did nothing about it or to stop it! But, it seems he di…
Here is an update for Old_Skeet's market barometer (which follows the S&P 500 Index) for the week ending April 18, 2019 along with my thinking. It was a short week, in the markets, due to Good Friday Holiday along with 1Q19 earning season has n…
Hi @MJG:
Interesting article; and, thanks for posting. It is all these perspectives that these people share that make the market. While, some are going long others may be shorting, while others might be seeking value over growth ... and, still o…
Hi @hank: Taking your comment a little further ... Let's do some math.
Take a $100,000.00 hypothetical portfolio with an asset allocation of 20%, cash, 40% income and 40% equity with a threshold rebalance of +(or-) 2% with cash allowed to float. …
Hi guys,
Thanks for making comment.
I'm thinking that one of the things that might have been missed in reading my prior comments is that I was reducing equities by 5% is that I can tactically overweight equities (from time to time) within my po…
@Crash: Good afternoon and thank you for making comment. I edited and made some wording changes to this week's update. Hopefully, these changes improved the reading. Skeet
Here is an update for Old_Skeet's market barometer (which follows the S&P 500 Index) for the week ending April 12, 2019 along with my thinking.
Old_Skeet being a retail investor provides this information for information purposes only. It simply…
@Derf: Broker sold CD's are priced based upon their market value. If held to maturity then full principal is returned. Currently, since interest rates have fallen the CD's that I hold in my brokerage account are carrying a premium value. So, I'd…
@Derf,
My thoughts.
I guess where I was going with this is that many investors have built sizeable portfolios through their life times. And, some have been known to go to, or to build, a large cash position form time-to-time. That is why many b…
@johnN: The link below will take you to a December 2015 post that I made about my asset allocation. It seems, I was at this time just moving to about 20% cash, 30% income, 35% growth and income and 15% growth asset allocation. Prior to that, base…
@hank: My charting of the MFI (money flow) for AGG and IEF representing bonds and SPY representing stocks reflects that last week there was a strong money flow out of bonds and into stocks. Not sure who the investors were that were making these mov…
