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.
@Ted,
Not bad for an accredited investor such as yourself.
With those kind of losses, I pegged you to have about 5.5 million invested. That $70,000 paper loss sum would have resuled from a decline of about 1.25% on $5,500,000.00 invested.
Have a…
Hi @ MikeM,
Thanks for making comment. And, a good point you make.
Morningstar reporting does have from what I have found to have a lag time associated with their mutual fund holdings reporting from the fund companies themselves. Some funds that…
Hi JohnC,
Thanks for the complement.
Yes, I own some funds that can and at times do utlize shorting. For there to be a 2% swing in my short positions then there must be many of these fund mangers that are perhaps seeing some caution is warranted …
I did my monthly close on my portfolio for the month of June this past Friday (6/26) and performed an Instant Xray on its holdings. Here are a few interesting things that I noticed since the May close. Short positions were increased by 2% from 6% …
@Ted,
My portfolio is of hybrid configuration ... and, on last check the S&P 500 Index was all equity. My portfolio pays out more than twice that of the S&P 500 Index in the form of interest, dividends and capital gains over the Index. To…
Hi and @Ted,
Perhaps. However, I don't process the talent and skills that most of my fund managers have. I learned a long time ago when I worked for an ex college football coach who use to tell me ... find the best possible people you can afford;…
Hi @ bee,
I feel you know pretty much as to what I am going to write about cash being part of my portfolio’s asset allocation. To me, cash is not trash.
Years back when CD’s could be found in the four to five percent range I kept about ten percen…
Hold or Bail?
I have as M* suggested, in the above article, continued to hold PASAX and AGTHX. By using my sleeve investment system when one of the funds within the sleeve is underperforming then there are the other members within their respecti…
Thanks davidrmoran, I'll take a look and study the fund.
But, back to what MJG had to say about loses ... They come with investing just in most sporting events a loss is part of the game. And, this leads me to talk about a spiff I made last fall t…
Hi MJG,
Thanks for the compliment and the inquiry.
The person that I learned the most from regarding special investment strategies was my late father. I have commented on some of these in prior post. A few I most often use are noted below.
One …
This is a most interesting study.
I found review of the chart most interesting as my asset allocation range for stocks is a low of 40% to a high of 60%. From the chart, the 40/60 mix returned 8.8% with a worst drawdown of 25% while the 60/40 mix r…
Hi, @ davidrmoran,
I call Charlotte, NC home with a second residence in Murrells Inlet, SC.
In Mecklenburg County, I pay three charges that are water related. They are as follows: Water usage (about 35% of my bill), Sewer usage (about 55% of my b…
I much like JohnChisum, use a rain water collection system.
I have four 100 gallon rain barrels that collect rain from my roof and then a 1,000 gallon under ground storage tank with pumping system that I use to water my front lawn and yard planti…
I, basically, used option number two except I studied the funds I wanted to add through Morningstar’s Instant Xray Analysis tool to make my fund selections and to also know when I had reached the desired alternative allocation by analysis of the por…
Hi Fellow MFO Guys & Gals,
This article was a joy to read because it provided support to my reasoning as to the benefits for my investment sleve management system. Currently, within my income sleeve I hold six funds. They are GIFAX, LALDX, LB…
Hi Dex, Thanks for your response to my comment.
Below is a link that will explain my come back ...
http://www.theidiotandthemoon.com/moontrading.html
Again ... Laugh if you wish ... but, for me, it has worked more times than not. And, there are …
Speaking of indicators ... Laugh if you wish ... but, I track and note the S&P 500 Index readings with respect to the new and full moons. And, I have used the moon's phases to position cost average into some of my current positions. Now, let's…
@Ted, Preferred funds performed well this past week. I may add either a preferred fund or bank loan fund to my portfolio. My asset compass indcated that ultra short, bank loan and short term bond funds were the three best performers for the past 3…
My income sleeve was down 0.77% and I feel performed reasonably well this past week in comparison to its index proxy (AGG) which was down 1.29%. The sleeve consisting of five funds (LALDX, LBNDX, NEFZX, THIFX & TSIAX) has a duration of 3.36 w…
Hi everyone,
I thought I’d update my earlier post, of May 20th, with some new information now that Doug Short has updated his monthly reporting on P/E Ratios and valuation for the S&P 500 Index.
It was previously reported that the S&P 500 …
Hi everyone,
I thought I’d update my earlier post, of May 20th, with some new information now that Doug Short has updated his monthly reporting on P/E Ratios and valuation for the S&P 500 Index.
It was previously reported that the S&P 500 …
I keep about two years of cash within my portfolio as a safety net plus the portfolio itself kicks off enough income to meet my current annual withdrawal needs. Any cash held above ten percent, for me, would be considered excess and held due market…
I am near term bearish, due to valuation, through the summer; and, when fall comes most likely I'll turn bullish. But, I want know this until we get to late August, then it might be September and if not by then there is October and November. If th…
@ Scott,
Notice from review of my asset allocation I have not sold out of the markets but I have adjusted it for the summer where stocks have a history, more times than not, of going soft. Still with fifty percent invested in equities with an allo…
In the near term I have chosen to become less active in my portfolio and on the board through the summer as I feel the market will be making a pullback sometime soon … perhaps, ten percent, or more. Note: I have recently felt this way before ... an…
I have used this strategy for a good number of years and have throttled my equity allocation back as summer approaches and then usually ramp it back up come late summer and into early fall. The strategy has worked, for me, more times than not. Wil…
I have chosen to become less active on the board through the summer as I feel the market will be making a pullback sometime soon … perhaps, ten percent, or more. Note: I have recently felt this way before ... and, well, it just did not happen as I …
I own two equal weight index funds. One is a large cap fund (IACLX) which invest in equal amounts in the largest 100 stocks found in the S&P 100 Index. The second is a large/mid cap fund (VADAX) that invest in equal amounts in companies found …
Hi all,
Old_Skeet has his asset allocation tweaked and ready for summer. After all, how many of us have not been expecting a pull back in asset valuations (both stocks & bonds) for sometime now?
For me it is too early to try to even guess to …
On some of the roads found in North & South Carolina with many pot holes ... Wife and I parked our cars and now drive Jeeps instead of the autos. Heck, the roads are even at times tough to transverse in the Jeeps. But, it beats tearing up our …
Hi Catch22 and other posters,
My portfolio's holdings, according to M*, are collectively off their fifty two week highs by about five percent. I am not doing much of anything as I have been expecting a pull back for sometime now and with this I ha…
Hi davidrmoran,
Thank you for making comment on my post.
At first brush, I'd trend to agree with you; but, the message in the newsletter goes beyond your comment. Here is what the newsletter has to say on how to pick a fund.
'Which Funds Should …
If I were to purchase this fund today I'd be putting it in my income sleeve in the income area of my portfolio based upon its current allocation to fixed income. I could have some months ago when it was carrying a heavier allocation to equities pla…
Good morning,
During the month of April, I have not been doing much of anything as I feel the market in general is too overvalued to do much of anything. I did sell out of my equity spiff that I opened back in September/October as we entered earni…
@Ted
At first, I thought Ted was spoofing us. Now, I believe him to be serious.
I think we have to wish Ted well in the coming years. Having been an investor for many years ... well, it is just hard to park all this knowledge gained through the …
Hi bee,
I have linked the fund’s fact sheet below. If you look under asset allocation you will find a scale for the S&P 500 Index and under this scale is the reading ranges that it adjust it’s asset allocation. It does not consider interest r…
Hi finder,
Based upon my current position in this fund (LPEFX) and what it has already put in my pocket I'd most likely exit the position in a good market downdraft. Currently, it's nav is about $7.00 per share and I'd be getting out back of $6.00…
Hi guys (Mark & Scott),
I was off the board most of the weekend and with this I am sorry about the slow response.
You both make some good comments; however, the three year (19.9%) and five year (12.3%) performance for the fund (LPEFX) place it…
