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.
Reply to @Hrux:
Heather, thank you for your reply in response to my posting the Morningstar report on WARAX. You seem to be a very knowledgeable, seasoned and versed fund investor. Shorting for defensive and hedging purposes, in my book, none the…
Reply to @Hrux:
Hi Heather,
I have linked below a Moringstar fund report on Wells Fargo Advantage Absolute Return Strategy Fund A (WARAX) for easy reference. It seems from review of this report the fund does short or holds a trust that does have…
Hi Charles and others,
I recently reopend my investment cash sleeve within the cash area of my portfolio with the purchase of a 24 month cd, Bank of Commerce, that has a yield of 0.85% along with the option of two step ups (my choosing). This is n…
Hi Ted,
I did a little buying around S&P 500 Index 1600 range and back there of rounding out and adding to existing positions; but, I have not yet opened any new positions. While the markets have had two days of nice rebound upward movement I …
Hi johnN,
I like CLE, Centeral Fund of Canada. I have lniked an article of why one should choose it over an ETF. http://www.forbes.com/sites/investor/2011/10/12/a-canadian-closed-end-gold-and-silver-fund-with-a-tax-break/
Skeeter
Hi Mike,
I hope things are unfolding to your liking. My comment on buying was that I'd doing a little buying around the S&P 500 Index around 1600 range to round out some positions and might open some new posiitions around 1575 range. If this …
I also put this up under Max's post ... Don't Worry Be Happy ... concerning the landscape in the capital markets. I believe this has some revelance on the subject of falling market prices but with the fixed income side of things.
My short term bon…
Hi Max,
Think back on the old Timex watch commericals ... It can take a lick and keep on ticking!
With that, my short term bond funds are showing nav stress. But, since the duration is short and if the funds can hold their bonds to maturity then …
Reply to @MaxBialystock:
Hi Max,
Thank you for continuing to make comments and ask questions. I am writing from my own thoughts. I am sure there others that have other perspectives on the subject. I have friends that use a three avenue approac…
Hello,
I think it is fair to say the stock market got its fuel from the fed's, through their agents, and now that the fed's are saying ... hey, sometime in the not to distant future we are going to be withdrawing our fuel that we gave you to inject…
Hi Max,
I agree with you on sticking it out. With sticking it out, to me, does not mean selling out but trimming back to a more comfortable level with your asset allocation. I have been trimming equities since the first of the year and raising my…
Reply to @bee:
Hi bee,
Currently, I am holding about 20% of my portfolio in cash with no surrogate holdings. With this, I am about 20% cash, 30% income, 40% equity and 10% alternative.
I have for the most part held about 15% in cash as a normal …
Hello:
I am currently overweight cash and awaiting a better buying opportunity for the equity side of my portfolio as I recently cut my allocation to fixed income and raised cash. By my old college professors formula ... my target to do some buyin…
Reply to @Soupkitchen:
Hi Soupkitchen,
Thank you for your inquiry.
I have my Income Area of my portfolio divided into two sleeves, an Income Sleeve which is about 25% of the Income Area and a Hybrid Income Sleeve which is about 75% of the Income…
Hi JoeNoEskimo and others:
For me the dip is up to 5% off the recent high. On the S&P 500 Index lets call the recent high 1685 and the 1600 mark, which is 5% off the recent high, the bottom of the dip and the mark at which I will begin to buy …
Hi bee,
In my small-midcap area I look for a fund that fills out the style boxes in areas beside just one style area. One fund that catches my eye that does this is KSMVX, Keely Small-Mid Cap Value.
I have linked its Morningstar report below.
ht…
Reply to @ron:
Hi Ron,
Thank you for your comment. To expand upon your comment I referenced the Fund’s prospectus. Below is what I found.
One of the features of HOLBX is that it has a defensive strategy provision in its prospectus which reads,…
Hi Charles,
I too am watching my fixed income area closely.
Yesterday with bonds being collectively down my income area was slightly up; but, that was due mostly to the performance of the hybrid income sleeve (75% of area). Thank you FKINX &…
Hi Hank,
In my portfolio, I have a cash area that consist of both a demand cash sleeve and an investment cash sleeve. In the investment sleeve I use to hold cds ... but, with the low interest rates now being paid on cds I figured ... Why lock up t…
Reply to @ron:
Hi ron,
I will soon be joining the ranks of the retired and I have already started celebrating my upcoing retirement. The markets concern me ... esecially, the fixed income area. Bonds unlike stocks are fixed in what they give yo…
Hi Riley,
Thanks for taking the time to post this article. It is indeed, form my thoughts, good and most informative reading for those that are invested in fixed income within their portfolios.
Thanks again,
Skeeter
Reply to @ron:
Hi ron,
I have no real clue as to what Mr. Holland might be doing in the private and/or managed account area. I thought that he has very impressive credentials (see link) so I began to study his retail balance fund.
http://finan…
Reply to @andrei:
Hi anderi,
I am not by any means speaking for Mr. Holland.
I too thought it interesting that Morningstar was reporting zero turnover so when I checked the portfolio's holdings ... Well, that reflects something different as …
Reply to @MikeM:
I am in concert with you as I am of the camp there is currently more potential for down side in both fixed and equities than upside. With this, I am cash heavy with my recent reduction in my income area. I compute, I am now abou…
Hello,
I have recently reduced my bond exposure and in doing this sold out my positions in NEFRX, LIGRX & TPINX within my fixed income sleve. This leaves me with LALDX, THIFX, ITAAX, NEFZX & LBNDX. I plan to watch fixed income over the ne…
Hi JohnChisum,
Welcome to the board. I am soon to be sixty five and will soon retire from the working world myself. Currently, my asset allocation is about 40% stocks, 30% bonds and 20% cash and 10% alternatives. Recently, I began the process to…
Hello,
Thanks for those that stopped by and visited and especially to those that made comments.
During the day I came across this bond proxy which I have linked below that some might find of value.
http://fundamentalis.com/?p=1834
I did not take…
Hello,
I have linked the Morningstar report for those that might be interested in the fund.
About one third of it is invested in the Dogs of the Dow strategy and the other two thirds is invested in a similar strategy but it picks the remaining twen…
First, let me say I have a great amount of respect for MJG and I admire his wordsmith ability. I am not the accomplished writer that he is so my writing will not be as stylish. But, here is my message (SWAG).
There are some elements in the market…
Hello,
For the day ... Skeeter down -0.37% , my boggey (Lipper Balanced Index) down -0.67%.
Year-to-date ... Skeeter up 8.9%, my boggey (Lipper Balanced Index) up 8.6%.
For the Sale In May strategy ... I've already rightsized my portflio. MJG ha…
Hey,
Who should be blamed here Apple or Congress that writes the tax law? Apple, apparently followed the tax code. In this case, it worked to their advantage.
Perhaps. a corprate flat tax might be an answer to the complex tax laws that now exis…
Here is another spin on earnings from Zero Hedge titled ... "It's All About Earnings."
http://www.zerohedge.com/news/2013-05-20/wtf-chart-day-its-all-about-earnings
Good Investing,
Skeeter
Hello,
For those interested I have linked below the most recent Leadership Strategy Report for May 20, 2013.
http://investwithanedge.com/leadership-strategy
Good Investing,
Skeeter
Hello,
For those that have been around the board for sometime know that Ted has left in the past and returned a few months or so down the road. I too miss his post ... and, I sincerely hope he decides to return soon rather than sometime in the dis…
Hi Art,
The strategy has now been updated with a date of 05/13/2013; and, in review, I now have 67% of my equities in the top five positions. It is also interesting through Friday May 17th I am up 9.3% ytd while the Lipper Balanced Index is up 9.1…
Hi Art and others,
I am aware there was no update this week ... however, I have no knowledge as to why. I checked it Monday, Tuesday and today .... no update.
Since, I am pretty much positioned I was going to wait till Monday the 20th to see if…
Reply to @SvenSeven,
Hi Sven,
Thanks for the inquiry.
The other assets that are referenced from the Instant Xray report are believed to be alternative type assets reported as other and not funds with special strategies, which I also own.
With th…
