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.
I sat down this evening and started reading the daily posts on the site I enjoy reading most and even enjoy posting my own thoughts. I was saddened to read where Cman posted that he was leaving. Well, he just arrived not too long ago and became a …
Hi Mark,
From time-to-time Kaspa does post some of his thinking here at MFO. As you can see from reading this peace the site does draw some interesting folks.
Dividend growth is someting that I have practiced myself for a good number of years but…
Thus far I have not reduced my allocation to equities as I have sometimes done in the past usually around March, April and/or May. However, I am watching the technicals that I follow and I do plan a reduction of up to about five percent and hopeful…
Hi Crash ... Old_Skeet here:
Look at the retail offering of TIBIX which is TIBAX which has a lower entry at $5,000 in a taxable account and $2,000 in an IRA. In addition, you might wish to look at SVAAX as it too boast a good yield at about 4.75% …
Hello again … Cman,
LABFX seems to be a better fit as it more closely mirrors the portfolio than either CAIBX or GBLAX according to the portfolio's Instant Xray as more than 80% of the portfolio's assets are domestic. Therefore, a domestic hybrid …
Hi MikeM and expatsp,
Thanks for your comments. My thoughts are there are safety in numbers. Years ago, I use to successfully bet the dogs. In the beginning I’d pick one dog to win and wager accordingly. Then I started to pick three dogs to wi…
Hi John,
When I come across articles and thoughs on the market I try to post them to the board for others to read. Some will find value in them such as yourself in this one ... While others may not.
Thanks for making a comment.
Old_Skeet
Hi Cman,
In revisiting your suggestion to use American Funds Global Balanced Fund (GBLAX) I have again reviewed the fund and I am again responding to you as to why I feel it was/and is not a good fit. In the Growth & Income Area of my portfoli…
Emerging markets are one of the sectors that I have been buying around the edges since this past summer, not quite a year now. My total return thus far has been a little better than seven percent since I opened the position and with my continued bu…
Hi Crash,
I also use M* Portfolio Manager and it is working ok for me when I click on a fund position within my portfolio to get its M* report.
Old_Skeet
Hello,
I use LPEFX to gain exposure to public traded private equity. I have linked the fund’s Fact Sheet for those that might be interested. According to my last M* Instant Xray report I hold about ten percent of alternative type assets within my…
Looks like American Beacon has had the A Share Class (BWLAX) of this fund open since 02/06/2012. I have linked its M* report below.
http://quotes.morningstar.com/fund/f?t=bwlax®ion=USA
I find this an interesting fund; and, I now have it un…
Hi rbj112,
Thanks for the question.
It is my belief that the other asset listing found in Morningstar’s Instant Xray report may consist of many things form funds themselves that employ special strategies, alternative assets, metals, convertibles…
Hi hank,
Not Cman ... but, I look forward to be reading what he has to say.
For my base line equity allocation I use 110 minus my age. For me this results in a base line for equities at about 45%. Anything above this would be overweighting and a…
Hi Crash and others,
In review and thinking over Cman’s favorable comment about my sleeve method I thought I’d post the fund leader within each of my sleeves (year-to-date) along with my overall results. Seems I have some equity funds that are bet…
Hi Cman,
I did not take your comment in a negative way by any means.
What I was saying is that I don't feel good diverfication within a sleeve can be had by only using one position including that of just one index fund as the sleeves are just to…
CMan said ...
"Look at @old_skeet's portfolio (no, not the 50+ funds he owns). He always has an allocation up his "sleeve" to be happy about regardless of what is happening in the market. Put one good index or well managed fund in each such sleeve …
I agree that a good diversified portfolio should hold a weighting to small caps. Currently, the small/mid cap sleeve of my portfolio represents about eighteen percent of the growth area of my portfolio. I have my target allocation to them set at t…
Hi MJG,
Thanks for taking the time to write an enjoyable reading recap about the Money Show (Not to long, not to short ... just right). I found your comments of Sam Stovall interesting about his over weighting helathcare and consumer staple strate…
Hi Crash,
Here is another school of thought on how to buy the pull back. I have used this buy strategy before if I wanted to add to certain positions ... and, it works.
Lets say small caps pull back five percent and with this I'll buy a little to…
I think it's a little early to buy this downdraft. If the other majors follow suit and pull back (say a ten percent decline in large caps) then small caps will probally double that at twenty percent or so. However, they will most likely lead in a …
Hi Derf,
Here is the source of my information. Yours should be the same as reported below.
Somehow, I compute it different even with revised numbers.
As it turn out the real money would have been made betting on Commanding Cure
as a $10.00 win p…
Hi hank, slick, cman and others.
Slick I rate you as an experienced investor and cman (I believe you to be well schooled in investing) you are perhaps one of the most knowledgeable on the board. I rate myself a seasoned investor as I have been inv…
Calfornia Chrome wins 1.7 million of the 2 million purse.
http://www.marketwatch.com/story/california-chrome-wins-2014-kentucky-derby-2014-05-03?siteid=rss&rss=1
Hi LLJB,
I consider the top five positions to be the ones in the faster currents within the market. With that, this is where I want a good representation of my portfolio's equities positioned. To do this I do a monthly Xray of my portfolio and th…
Thanks Catch,
I appreciate your comments and thoughts. I am not sure what I'll do ... but, I am in the think it over process.
Thanks again for taking time to comment.
Old_Skeet
Hi LLJB,
I use to follow the strategy as described above. Now, I follow the strategy to see which assets are the most favored ones to hold. I study my portfolio through Morningstar's Instant Xray then compare my holdings against those favored in …
Hello,
I am thinking of adding another member to my fixed income sleeve and raise the sleeve's fund count to seven. The fund is LIGRX and it will become fund number 52 within my well diversified portfolio which consist of twelve asset sleeves. Th…
My largest fund family percentage is about 20% of my portfolio and it is with American Funds. There are a good number that follow in about the 10% range. Some of these are Lord Abbett, Franklin, Thornburg and Loomis Sayles. Then, I also have a go…
Hi Ted,
Thanks for the summary of Stocks vs. Bonds.
Your post although not directed to me was good information. But, not exactly the information I was looking for.
I myself have favored stocks over bonds through the years and my stock allocation…
Hi bee,
I am glad to see this post.
Currently, Invest With An Edge has US Equities towards the bottom in the global edge rankings and Emerging Markets towards the top. And, with the uncertainity now in the Ukraine I'd probally favor US Equity,…
Hi catch 22,
Good to see that you have started to post again. I really do miss some of those post you use to make about your bond funds and your thinking. I feel I have a good read on the markets in general (both stocks & bonds) but I feel yo…
Hi Dex,
I copied and pasted below how the straegy works.
"The Market Leadership Strategy always has two holdings with nominal weighting of 50% each. Based on the rankings, one of the positions can be a money market fund. This strategy will buy t…
Hello,
My top three mutual funds (win, place & show) year-to-date (total return) are as follows:
JCRAX +7.21% … TOLLX +6.85% … and, FRINX +5.86%
My top three fixed income funds y-t-d (total return) are as follows:
NEFZX +3.56% … TSIAX +3.00%…
Hello Jed,
You might wish to take a look at FEBAX. I have linked it's M* report for your easy reference. It is a fund I have under review for number 52 in my portfolio and I favor it over SGENX due to its wider asset base and higher yield. I don…
Hi rjb112,
I saw that expense ratio in my review but did not comment on it. I expect the high expense is due to the high turn over this fund has at 187% as reported by M*. After all, there is a cost associated with trading and executing its many …
Hi Kaspa,
I own PGROX which now has a turnover of about three percent annually. It might be worth a look for ideas. I have provided a link for those interested.
http://portfolios.morningstar.com/fund/holdings?t=PGROX®ion=usa&culture=e…
I don’t own this fund; but, I have looked at it and studied it in the past.
I have linked below its fact sheet which provides a good bit of information about it. I find it an interesting fund and one that I might position into sometime in the futu…
Thanks Cman for expressing your thoughts.
I am a firm believer ... entry has as much, if not more, to do with success in a special investment position than when to exit. For me the entry is the harder of the two.
I started to get a green light …
