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.
You know Old_Joe, I had an after thought on that. My handle, Skeeter, came from the name of a former family pet. And, at times we called him Old Skeet as an in a fashion name like Old Yellow ... and then there was Good Old Skeet also. I had my so…
Hi Daivd and others ...
Yep it worked ... my new user name is now showing Old_Skeet ... Skeeter seems to be now history. So, unless someone kidnaps my new handle, I should be good to go.
Thanks again,
Old_Skeet
Point in hand ... traders and speculators follow momentum, usually in short term positions, and folks momentum can run, upward or downward. From my thinking this is currently a richly priced market for the long term investor to be putting new money…
Reply to @David_Snowball:
Perhaps … But, I took the site going down very seriously as a fatal error message appeared on my screen as the site went down. It listed a bunch of addresses so it was either something I might have done, although I don’t …
Reply to @David_Snowball:
Hey, I don't Tweet so there must be some misinformation and/or you have me consfused with someone else.
Thanks again, for all you do.
Skeeter
I think, with a good number of value fund mangers now holding sizeable cash positions then this is sending a message to the average investor that perhaps they might take a look at this to see if this might be a fit for them and to increase their own…
I am not sure if this will help ... but, at the time I was trying to edit one of my recent comments to one of Ted's post when I received an error message and then there was nothing. Hey, if I took the board down I am extremely sorry ... but, I don'…
Hey Ted, thanks for the read.
Seems, I am keeping some good company with some of the top notch value fund managers’ thoughts with the large cash position that I now hold in my portfolio. When your own thoughts are close to some of those that are t…
I only gained back about 60% of what I lost on Thursday. In comparison, the Lipper Balanced Index gained back about 85% of what it lost. I have noticed that on big down days, for me, it does not seem to come back as fast as it went away. In any e…
Hi brucea,
Yes, a little better at 14.03%. But it xrays at holding only 3% in cash. I am happy with my results considering the amount of cash I am holding. Anyway, I have generated more than enough off my principal this year to more than meet …
Hi all,
I compare my portfolio against the Lipper Balanced Index. Yesterday, I was down 0.55% while the Lipper Balanced Index was down 0.77%. Year-to-date I am up 12.1% while it is up 12.7%. I contibute my trailing in the upside to the large ca…
Hello,
For those interested ...
Here is more reading on CAPE. In the below link read the section on the P/E of Ten.
http://advisorperspectives.com/dshort/updates/PE-Ratios-and-Market-Valuation.php
"Read, Learn & Prosper"
Have a great day .…
Hi Old_Joe,
Thanks for posting the article. I enjoyed the read. There might be more to this than what was detailed in the article as many companies continue to reduce cost by continuing to right size. This, no doubts, propels profits. One of th…
Hi,
I like NLSAX too. I have not yet done anything yet though. Thanks for bringing it to the board.
For those that would like a look I have linked its Morningstar report below.
http://quotes.morningstar.com/fund/f?t=nlsax®ion=USA
I wish…
Hello,
I am getting getty awaiting my forth coming November and December fund distributions.
I am expecting a good year for distributions; and, it is a good way to harvest principal by taking distributions in cash.
Skeeter
Reply to @linter: Reply to @linter: Hi linter,
Thanks for the question.
Sorry for the delay in answering your question as I have been away form my computer most of the day.
In doing my instant xray analysis under the asset allocation section it…
Reply to @JoeNoEskimo:
I make more as the market climbs its wall of worry than a pull back as I am 105% long and 5% short according to Morningstar's Instant Xray analysis of my portfolio. However, at these P/E Ratio Levels I am awaiting better va…
Hello, golub1
I do not employ the professional services of Mr. Rowland. I read his weekly commentary and somewhat follow his Leadership Strategy. If I pick up on something that I feel will benefit me then I might explore this in more detail to s…
Hi BobC,
Well in effect they are keeping some of it through chiseling. I think I'll keep whatever they payout knowing full well it is not enough to cover the true increased cost of living. I feel for those that only get Social Security. Glad, my…
Hello,
Seems, since they are being creative as to how they view the true cost of living increases from my thinking without considering all factors (increased cost for food, fuel and perhaps health care insurance cost) with this, they are perhaps ch…
So good fortune found you ...
Well, you can be somewhat conservative with it and split it across your portfolio based upon your present asset allocation if it fits your risk tolerance. I believe though in the current investment environment I’d put…
Congratulations on paying off your home mortgage that is indeed an accomplishment. One of the things that you have not shared with us is the source of funds that you used to pay off the mortgage. Is it coming from the portfolio? Or, is it from ear…
Hi hank and others,
I make this type of post for informational purposes only. It has been my experience when I bought at or towards the top in my prior years of investing it seems it was not too long after that there would come a good size pull ba…
This is a strategy that my family has followed for years and one that my late father followed. However, this year I began the year by selling equities down by one percent for every twenty five points they moved upward form the beginning open mark o…
From review of some of my mutual fund companies published estimated capital gain distribution amounts for this year it appears distribution amounts are estimated to be ahead of recent years. With this, I am anticipating a larger tax bill this year.…
Reply to @STB65:
From what I have been reading the markets are traded today mostly by computer trading systems that are mechanical of sorts. They are programmed for maximum performance and with this when something disappoints, say corporate earnin…
And, another perspective ...
I have over the past couple of months, or so, been increasing my equity allocation to emerging markets and to Greater Europe. However, with their upward price movement over this time span I have now stopped doing this…
In short words ...
At these recent all time market highs ... for many of the indexes ... I'd do it slowly and average into the positions selected for investment over an extended period of time and especially on market pull backs. My thoughts are …
Hello,
I think BobC's post was indeed in keeping with the spirit of the board ... and, that is to help others.
Please keep on ... keeping on ... It is indeed appreciated.
Skeeter
Hi BobC,
Thanks for your commentary expressing your thoughts on the markets along with providing some windsom and suggestions that we individual investors might wish to explore. On the emerging markets front, I began increasing my allocation to th…
Hi Heathbob,
I currently own two of the funds that you have referenced, CAPAX & PGBAX; and, I have at one time owned the other one, JNBAX. These are conservative allocation funds that provide a good distribution and I hold them in my hybrid in…
Reply to @JohnChisum:
Hi John,
Sometimes the best course of action is to sit back and watch. In time, the market will correct and since I am pretty much fully invested within my asset allocation I feel I am favored with that luxury.
Thanks for …
Hi Scott,
Thanks for stopping by and sharing your thinking with the board. I know I certainly find value in your post and I believe others do as well.
Skeeter
Hi linter,
Good idea.
Currently, conserative allocation funds make up about 20% of my overall portfolio and they are found in the hybrid income sleeve which is part of the income area of my portfolio.
My current target allocation for my portfolio…
Hi Max,
I hope you are doing well and your portfolio is progressing to your liking. When the markets are fully valued it is one of the hardest times for me to put new money to work. A dollar cost average approach is a great way to approach it whe…
Hi Vert,
Thanks for stopping by and for making your comments.
My late father taught me ... As an investor ... You want go broke making profit ... But, you sure will making losses. Watch what you buy and what you pay for it. His thoughts were tha…
Hi andrei,
In short words ...
Neither, I rate it, based upon their fair value assessment, a hold. Oversold=Buy, Overbought=Sell and Fair Value=Hold.
Skeeter
Hogan,
Thanks for stopping by and for your comments. I am in agreement with much of your thoughts and for some of the same reasons I have not continued to sell my equities down any farther. I am more of a value style investor rather than a moment…
