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.
With Tuesday's continued stock market swoon I thought I'd post an update on the barometer. With the S&P 500 Index closing with a valuation of 3128 puts it off its 52 week closing high by 7.6% and down for the day by about 3.0%. With this, more i…
With Monday's stock market swoon I thought I'd post an update on the barometer. With the S&P 500 Index closing with a valuation of 3226 puts it off its 52 week closing high by 4.7% and down for the day by about 3.4%. With this, more investment…
Hi @bee, Thank you for the links. The barometer uses a blended approach and utilizes both forward estimates and trailing earnings for it's earnings data. In this way, it gives credit for what stocks have done over the past twelve months (TTM, tra…
@Gary1952, Since, InformalEconomist answered your question; but, plans to delete their response, I have copied and pasted it below so that it remains part of the thread history in answer to the question that you asked of me.
"They" is the current,…
@dtconroe: Surprise is to me. I sincerely aplogize for my cavalier comment in the form of a question since you have responded to readers questions. However, that still leaves you with some indifference regarding the MFO board itself. Old_Skeet
As of market close Friday February 21, according to Old_Skeet's stock market barometer, the S&P 500 Index with a closing valuation of 3338 (down 1.3% for the week) scores as overbought with a reading of 137. For the week the naked short volume a…
FWIW
I'm thinking, for me, the "Big Question" is? Was dtconroe writing the subject thread for their own benfit or for the benefit of their readers and perhaps even for the benefit of the board itself? With this, in mind, I'm not looking for their…
Since, equities have had a strong run during the third and fourth quarters of 2019 I've had to buy in the fixed income area of my portfolio to help maintain balance within my asset allocation. This month, I added to my muni income fund (FLAAX) with…
@FD1000: Thanks for posting your observations and performance on a selected number of income funds. This interest me as I own a couple of the funds that you follow and find your comments of good value. Old_Skeet
Hi @dtconroe. I've somewhat revised my comment which now reads. Nice to have you with us at MFO as I enjoy reading your post covering selected types of income funds along with commenting on the better performers based upon the metrics used. I'm t…
I had one of my threads closed, a while back, because of it's large size (page count). I'm thinking that maybe this is the primary reason that this one was closed. Not for inappropriate language, or content, but because of it's size.
I found good…
@davidrmoran
Yes, I have had access to an advisor for many years with a grandfathered account where I received a good number of A share funds from my late parents. It is in this account that I can, at times, purchase some A share funds at nav or r…
@davfor, one of the reasons that I am 40 percent equity is that my advisor recommends only a 10 percent weighting to high yield and aggressive income and I'm at 20 percent. Thus, I reduced equity by 10 percent from their reccommended 50 percent bas…
I'm still with my thoughts that the market is in a topping out process. I'm waiting for big money to cut and run before I put any new money to work. I'm sure there are those that are chasing the market; but, I'm not one of them as valuations are j…
Since I retired about five years years ago I dialed my risk down by holding less equity and more fixed income. I have averaged a little better than a seven percent annual return since I retired. By holding cash I can put a special investment posit…
Old_Skeet is double weight energy since it has been the lagging sector, within the S&P 500 Index, for the past five years. Plus, it kicks off a good dividend yield at about 7.5 percent for XLE. For me, that is a good contrarian and deep value …
My three largest holdings are AMECX, FKINX & CAIBX. They are also ones that I have held for many years. The three equity funds that I'd most likely add to in a 10 plus percent stock market pullback are KAUAX, INUTX & DWGAX.
I've been in the interior (jungle area) for most of the week and often without internet or cell phone access. Now back in Panama City for a couple of days before going up into the mountains.
I'm without my computer that generates the barometer. …
Awaiting my tour guide and driver while I scribe this post.
This is why part of your social security needs to be invested in the stock market and just not everything in US Treasuries. In this way those not already invested gain exposure to stocks …
Hello. I was able to get access while in Panama City, Panama. Doing the math manually old Skeet's barometer scores the Index at about 150 which is fair value. For me I am not yet a buyer as I think we are going lower. Wanting to see 160 plus bef…
@Carsh,
My thoughts, again, since you posted this for comment. Open the IRA account first. Once it is established then it can be funded from the direct rollover (or transfer) proceeds from the 403b as the IRA account will have been established t…
Hi @Crash,
FWIW ...
My wife retired from the North Carolina Public School System. She was able to do a direct transfer from the school systems retirement fund directly to her IRA account without her touching the funds. Somebody (I think) is spoo…
Hi @Simon. Please posture and expand upon the following comment that you made.
"Stock prices are going much higher - higher than you can ever imagine."
How so? And, in what period of time?
Thanks.
Old_Skeet
I thought I'd provide this update since I'll be traveling for the next three weeks (or so) and at times I will not have internet (or cell phone) access.
As of market close Friday January 24th, according to Old_Skeet's stock market barometer, the S&…
@dtconroe,
Like you, I like longer holding periods for my funds, that I invest in, and do not make many frequent trades; but, I do make changes within my portfolio from time-to-time. I'm thinking that, in general, a fixed income spiff would have a…
@dtconroe,
I have enjoyed reading and following your thread on open end bond funds (oef).
One of the things that I picked up on in reading this thread is that you are a momentum type investor and move among one fund, or funds, to another from time…
I enjoyed reading about Dr. Madell's five year rolling periods of stock market returns. I've noticed this, as well, and have incoropated the five year rolling total return period principal, to assist me, in setting my portfolio's rate of distributi…
Within my income sleeve muni's currently make up about 10% of the sleeve's holdings. The main reason that I have a muni fund is to help diverisfy the source of income generation more so than for the tax benefit. The funds held in this sleever are …
I remember those (80's) years well. My family had some A rated bonds that were paying north of 10% interest.
The article's message (although unwritten) brings forward a good reason to have a portfolio that is built upon both stocks, bonds and (yes…
@FD1000 ... Thanks for the fixed income tips as I'm more of an equity man and continue to build my fixed income sleeve. It is nice to have some new folks on the board that are income oriented.
My value sleeves have yet to catch my growth sleeves for the past rolling twelve months. The results follow: Small/Mid Cap (Value) +18.84% ... Domestic Equity (Value) +19.04 ... Global Equity (Value) +23.66 ... Global Growth +26.50% ... Large/Mid C…
Hi @Puddnhead,
Thanks for the shout out. I'm with the Dukester on both counts. The Blond One gets a pass and we move higher through price expansion ... but, not so much on earnings. I've got forward estimates about 176 to 177 for the S&P 5…
Since equities have had the strong run that they have during the 4th quarter and thus far this year I've been having to buy in the income area of my portfolio to maintain my asset allocation of 20% cash, 40% income and 40% equity. With this, I've r…
The equally weighted oef that I like that is comprised of the top 100 US companies is VYCAX (Corporate Leaders 100 Fund). I have owned this fund off and on over the past ten years, or so, and have at times used it as one of my spiff (special invest…
Welcome @dtconroe and others that have come over from M*.
I use to venture over to the M* boards from time-to-time. However, I have not visited since Junkster left.
Although we have had some good debates among members we have, for the most part, …
One of the things about buying good dividend paying stocks (or mutual funds) is that they have to have earnings inorder to keep paying dividends. With this, Old_Skeet has two sleeves of good dividend paying mutual funds. One consist mostly of dome…
