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 @VintageFreak,
Here is how I use my convertible secutities fund.
I do not own the subject fund you are asking about; but, I do own a convertible securities fund FISCX and hold it in my hybrid income sleeve. It is mostly made up of bonds that h…
Hi @bee, @VintageFreak & @Ted + 0thers ...
Old_Skeet did not write the article ... just posted it. Although, I agree with much that was said ... I too think it a little early to make the claim, although it works more times than not, that it wo…
Hi @Derf & @MikeW,
Thanks for making comment.
Even though I'll be less active during the summer ... I'll still be watching ... and, if I shoud see opportunity I'll post my thinking. However, until there is a good stock market pullback creatin…
Thanks ... With the second attempt to the link, I got to the article. Indeed, FKINX gave them something to write about thus collecting their fees. Now, I wonder what the account wrap fee was for the brokerage firm that held the etf's in thier hypo…
Not a subscriber of the WSJ ... So, I could not read the linked article. But, it seems more and more funds that Old_Skeet owns are becoming the making of articles. I have owned Franking Income fund since my teenage years which dates back to the 60…
Hi @Ted, Congrat's on #15,000 links.
DEQAX is one of Old_Skeet's fund holdings found in my global growth & income sleeve. As a matter of fact it was one of the few all equity funds that I recently added to and increased my position in as I so…
If it was a sure thing then I'd think most investors would be following the strategy. While, I have found that it works more times than not ... I can understand there are those that for whatever reason(s), might not wish to follow the strategy.
Pl…
Hi @hank,
You are buying and I have been selling ... I guess, that is what makes a market. For me, what has been moving within my own portfolio is mostly found in the growth area. My global growth sleeve is doing well which consists of ANWPX, SMC…
And, another take on what's up ... Before the bell.
http://money.cnn.com/2017/05/03/investing/premarket-stocks-trading/index.html?section=money_markets&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+rss/money_marke…
For me, the "Sell in May" strategy has worked more times than not. I have never sold competely out of equities but generally sell down certain equity holdings and then redeploy the money somewhere in the equity structure come late summer or early f…
I felt the thread should keep going and be continued so as to not to break it's flow; therefore, it has now been retitled to include both the months of April & May.
Thanks to all that have made comments.
For me, I'm still pretty much with what…
Hi @DavidV,
David, the best thing to do is pick out a couple of funds that interest you and then pull up and read their fund fact sheets. To do this in google ... enter and search ... BAICX Fund Fact Sheet. You can also do some research through M…
Thanks @Ted for posting.
I, most times, enjoy reading about a fund that I own.
FKINX is Old_Skeet's largest (@6% or so) and longest holding since the early to mid 60's. Hey, that is better than 50 years.
Currently, hybrid type funds make up abou…
Hi @WallStreetRanter,
Thanks for stopping by and posting the graphs along with adding MFO to your blog roll.
Please keep visiting and posting.
Old_Skeet
Hi @catch22 and @Tony,
Thanks for making comment.
If you would like to see the number of stocks (by percent) above their 200 day line then use this symbol $SPXA200R along with the Elder Impluse plot system set weekly. Notice for the month of Apri…
Hi again @DavidV,
Sorry I missed the part of your question about a list of hybrid funds. Morningstar does a good job of their coverage under the heading of allocaton funds. I am providing a link below. Click on the hybrid fund type you wish to v…
Hi @DavidV,
Thank you for the question.
Generally any mutual fund that is comprised of more than one asset class is known as a hybrid fund. There are several types of hybid funds which include balanced funds, asset allocation funds, convertibles,…
Hi @David,
Recently, @Catch22 made a post that something is just quite not right in the Mroningstar Xray tool. I have provided a link to his post along with the comments of others including myself.
http://www.mutualfundobserver.com/discuss/discus…
I follow the breath of the S&P 500 Index at market close today (April 26th) the Index had 78.4% of its member stocks above the 200 day moving average line. On March 1st when the Index reached a new all time high about 82% of the stocks were abo…
After reading the above comments I entered a S&P 500 Index mutual fund ticker (SPIAX) and Xray says the fund is 3.93 times the projected earnings growth of the S&P 500 Index. Another Morningstar snafu. While, I think Xray does a good job o…
Hi @VintageFreak,
I'm pretty much with you on the subject ... as I average in (or down) when making changes within my portfolio; and, I also keep some powder dry (cash) for the unexpected pullbacks that most did not see coming in the markets. When…
Earnings are one of three data feeds in Old_Skeet's market barometer. If I were to use only forward earnings estimates as my guide to set my equity allocation I'd currently be heavier in equities. I currently use three data feeds to gague the S&am…
Hi @hank,
Thanks for posting the article on portfolio construction. I think that it does a fairly good job about addressing the topic ... and, the fact that it's author states there is no one correct way to do this leaves room for an investor to b…
Hi @LLJB,
Thanks for your question(s).
As for fund fact sheets they usually are produced quarterly by the fund companies. The reason I use Instant Xray is that it is easy to use and for my purpose to gague where my portfolio's asset allocation bu…
Hi @Catch22,
Thanks for posting the findings from your study.
I have also enclosed a link below to a study that @Ted posted in another post about this topic and strategy. The study provides returns based upon different investment concepts for the…
There are a lot of thoughts when it comes to investing and if one should as some say market time using some common known and often written about investment strategies. From my perspective, if they did not work folks would not write about some of th…
Hi @Old_Joe,
I hope you have a most enjoyable trip. My wife and I plan a fall trip to Panama and we have given trading authority on our investment and retirement accounts to our son ... just in case account action might be warranted ... plus he is…
Hi @VintageFreak,
You need a super computer where you can monitor the high frequency crowd and discover the forever changing trends as they do.
Hello, Watson.
Skeet
Hi @Art,
My bad.
Retirement is going well and I have been at the coast over Easter with family and friends. Golf ... Teeing it up this afternoon with my golf league group of 25 years or so. At 69, I am still hitting from the white tees while som…
Hi @VintageFreak,
I took a look at WGRNX and from a quick review of its M* report I went no further as it seems ...
@JoJo26 pulled the hat trick selecting MSFAX and thus far it is the top dog from what I am finding in looking through a good number…
Hi @AndyJ,
Thanks for the come back comment.
Interestingly, the MACD recently went to negative bias for the S&P 500 Index. And, I guess I could start using it for my technical strength feed but my past data comes form the RSI & MFI. Howe…
Hi @AndyJ,
Thanks for making comment on tools that can be used for entering and exiting a seasonal strategy. Although, I don't use the MACD in my technical strength feed, in my barometer, I have chosen to use a combination of the relative strength…
Hi @JoJo26,
I'm wondering if MSFAX is a fund that you own? Being an institutional fund the threshold to purchase is 5mil ... Do you know where it can be purchased back of the 5 mil?
Nice looking fund; but, beyond my capacity at 5mil!
Edit: Afte…
