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 everyone,
I use LPEFX for my exposure to listed private equity firms. Currently, LPEFX makes up about four percent of the growth area on my portfolio and I am thinking of raising this, over time, to about six percent.
I have linked the fund’s …
Hi everyone,
Last year I paid out about $300.00 for dental insurance for about $3,000.00 in dental work completed before my full retirement on June 30, 2014. Did the same the year before but had to pay out about $600.00 for insurance. Now, that i…
Hi Guys,
What I find attractive about Liz is that she talks in common every day English and not above here audience. However, even Liz at times seems to put spin in her comments. Let’s face it she works for a retail broker and she is going to put…
I have been building a small position in gold through SGGDX. My target allocation to gold is about five percent of the growth area of my portfolio. Currently, I am at about two and one half percent. From my research I have learned that the all in…
Hi JohnC,
Thanks for telling us your observations of your recent trip.
In Charlotte, NC where my principal residence is located we pay fees on water we take from the municipal water system, then again for use of the sewer system and then for rain …
Hi Junkster,
Old_Skeet here. I am serious about this comment and strongly sugguest that you consider starting a monthly newsletter as to how you are positioning within the markets. Heck, you could even provide a copy of your book for new subscrib…
I hold Blackstone through my listed private equity mutual fund LPEFX. Thus far, I am well pleased with its performance. Blackstone has about a 5% weighting in this fund.
I have linked its M* report for those that might have interest.
http://www.…
For an imposible sale ... It seems a good number of investors have purchased the subject fund, MSXAX, with total assets listed at 2.1 Billion dollars. Perhaps they are captive buyers.
Folks,
This is a short comment to a very complex concern that many citizens have with the current tax code which has become way too complex. And, with this complexity I have to employ a CPA to do my tax tax return ... and, in doing this, I get a n…
Hi Ted,
It is nice to read good things about a fund (PGBAX) that I own. Form my perspective it has served me well and is one of six funds that I hold within the hybrid income sleeve of my portfolio; and, it carries about a twelve percent weighting…
I recently sold my spiff (special investment position) off that I opened in October of 2014 with about an 8.3% gain plus dividends. Had I sold a few days earlier I'd have had a gain of about 10.4%. I chose to exit with respectable gains rather tha…
@Ted,
One good act deserves another.
For those that need some help in finding the faster market currents this site is one that I have often referenced.
And, linked below is his most recent newsletter.
http://investwithanedge.com/newsletter-archi…
@linter,
With respect to my spiffs:
I think in terms of how much I have to take in the form of a retirement distribution I need form my portfolio on a quarterly basis. Some quarters are more than others. My two biggest quarters are the fourth an…
Hi linter,
A spiff is a sum paid for good performance. I call my special investment positions spiffs because if my thinking is good then I receive a spiff from Mr. Market.
I love getting spiffs.
Old_Skeet
During the month of March …
I sold off my special equity position (spiff) that I open last October with a gain of a little better than eight percent plus dividends. This reduced my equity allocation by about five percent and raised my cash positio…
@Hi Willmat72,
Here is a brief description of my sleeve system which I organized to help better manage the investments that were held in five accounts. The accounts consist of a taxable account, a self directed ira account, a 401k account, a profi…
Now that the market is pulling back is a good time to gauge if your chosen cash substitute is performing to your expectations. Remember real cash will function much like a shock absorber for a portfolio in market declines as real cash offers a stab…
Hi all you good folk:
As we all scramble for yield … I guess … perhaps some are willing to broaden their definition for cash and what it’s equal might be. For me, real cash would be US currency, FDIC bank deposits, savings accounts and some cd’s a…
Hi Catch22,
Good morning ... now on my second cup of joe.
I'll have to cut this short as I've got to get to my accountant for yearend tax reporting.
I was surprised to see the recent Xray on my portfolio scored me just over twenty percent in bo…
I am now happy to have only about 20% of my portfolio invested in fixed income securities which is comprised mostly of short duration type funds or multi sector income funds that have a broad investment spectrum. Just thinking now ... Junk seems to…
My top three sectors within my portfolio are financial services, healthcare, and technology at better than twelve percent each. According to my last Instant Xray report I am 55% equity, 20% bonds, 10% other, and 15% cash. The equity side of my por…
I use LPEFX for my exposure to private equity. I have linked its Morningstar report for those that might be interested along with its fact sheet.
http://quotes.morningstar.com/fund/f?t=LPEFX®ion=USA
http://www.lpefund.com/documents/pdfs/al…
@BenWP
Hi all,
About BenWP's observation about E/M ... My funds moved upward over the past week. I've been watching but so far I have made no direct move to increase my allocation. Form reading Ben's earlier post he indicated that he paired his …
Hi heezsafe,
Help me out a little with this.
If one were wanting to enguage in this perceived opportunity what might be a good way for a retail investor like myself to explore? Do you plan to move on this yourself?
And, if yes, How?
Old_Skeet
Hi Catch 22,
For me, currently my three overweights, major sectors, within the S&P 500 Index, are Financials, Technology and Healthcare. In addition, I think some of the emerging markets look attractive along with Greater Europe and I am seein…
Hi John,
I wish you well during your travels ... and, we will keep a light on for you while you are away.
Gee, I'm thinking, why would you being away please some? From my perspective I think you are well liked by most.
Old_Skeet
@BenWP
Thanks for the thought.
Indeed IWIRX is an interesting fund. World stock funds that I currently hold within the growth area, global sleeve, within my portfolio are PGROX, ANWPX and THOAX plus AJVAX in my small/mid cap sleeve along with TOL…
@mcmarasco
Hi Matt,
I hold CCMAX within the specialty sleeve of my portfolio which is a half sister fund to your subject fund MFCFX. Thus far, I am pleased with CCMAX and plan to retain it.
One of the things that I look at before kicking a fund …
@BenWP,
I think of emerging markets as a minor sector position within my portfolio. From review of my most recent Xray analysis I have about a five percent allocation to emerging markets. The three emerging market funds that I own are NEWFX, THDA…
@Joe
Hi Joe,
I am not by any means saying what I do is the right thing for everybody that reads this to follow. But, it is what I do.
Commodities fall in the broad sectors of materials and energy within the S&P 500 Index. It seems that you …
I believe that all mutual fund companies are required to report their end of day pricing to NASDAQ by 7:00 PM EST. So if M* is getting late feeds from the fund companies themselves then perhaps M* should secure their mutual pricing feeds from NASDA…
I hold a sizeable amount of cash. If the bear makes presence and/or a good pull back should develop then I can buy good assets at more favorable prices. In addition, if one were to sell five percent of their equities for every five percent of thei…
@Ted,
What's wrong with you calling them?
After all, it was your idea to advance this matter to a broader audience. Why?
It seems to me they know they have issues and putting this to wider reading audience serves no purpose. Perhaps you may…
