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.
Reestablished a trading position in MOO early this morning, picking it up under $50. If it falls more, I will double down. MOO has positions in POT and MOS that represent less than 12% of its holdings, and I believe this selling is way overdone. I'l…
Sold PEMDX and the rest of my PRPFX. Added to ARTGX. Trading MOO and F.
Bought new hiking shoes and a backpack for day hikes into the Rockies west of Boulder. This evening I bought a Vesper Martini at Colterra in the little town of Niwot, Colorado.
Reply to @Shostakovich: The house in Omana is currently his only house. He had a vacation house in Laguna Beach that he bought in 1996 but sold it in 2005.
MAPTX and LSBRX are my longest holdings. Consistent performance. No intention of selling. No such thing as never. Don't know if I'll be alive in 10 years.
Not touching long term positions (mainly mutual funds). Reinitiated a trading position in UL two days ago after its big selloff and have been handsomely rewarded so far, but watching it carefully for an exit point. Considering taking profits in MOO …
No big deal in this house. Most of the mail I get is junk and goes immediately into the trash unopened. There's very little I can't do online. And really, if Saturday mail delivery is the highlight of someone's weekend, they need to get a life.
Reply to @rono: I believe you are right, and we shouldn't be deceived by these numbers. The inventory of bank-owned homes has got to be enormous and they have not finished foreclosing on properties. I own a rental property in Florida and want to be …
Reply to @scott: I had to make a choice between UN and UL - same company, different exchanges. I picked UL because it has a better chart and a higher dividend percentage.
Mostly just watching. This week I did start a position in Unilever (UL), attracted by its focus on developing markets and its dividend. Open to adding to global and Asian fund positions.
Here's a related article on The New 60/40 by Art Steinmetz of the Oppenheimer Funds
http://www.forbes.com/sites/oppenheimerfunds/2013/01/07/is-your-investing-strategy-outdated-try-the-new-6040-model/
Reply to @johnN: When I'm not home or otherwise away from my Windows laptop, I live on the iPad and use its Safari browser. I have never had a problem accessing MFO from my iPad.
I use Firefox and have had no problem accessing MFO. It typically keeps me logged in, and only occasionally asks me to sign in again, in which case I use the same password I've used since MFO began.
And here's a blast from Christmas Past
David Bowie and Bing Crosby Sing “The Little Drummer Boy”: A Chestnut From 1977
http://www.openculture.com/2012/12/david_bowie_and_bing_crosby_sing_the_little_drummer_boy_back_in_1977.html
Have some cash. Been doing a little tax-related selling. I expect my portfolio to get creamed a little today. Have one more position to sell and may do so today. Then if anything I own gets way oversold, I'll be in there buying. For the good of our …
Divorce sucks. I got one last year and took the settlement money that she was entitled to under Florida law (a low 6 figure amount) out of investments. However, in exchange I insisted that she agree to no alimony and waive any interest in the house …
Reply to @tgeno: Today I took profits in the 2 CEFs I bought on the 15th -- IGR and FHY. IGR was meant for a trade and it moved up fast enough and far enough that taking profits was worth my while. FHY also moved up quickly and back into a premium t…
I voted too soon tell. Having said that, I went virtually all-in yesterday. I reestablished my intermediate term trading position in IGR and doubled down on FHY. Both those CEFs were trading at discounts to NAV near their 52-week highs. Last week I …
Reply to @scott: Actually, the symbol has changed to just MJNA. And since I've been here in Boulder, I can distinguish between wildfire smoke and second-hand toke smoke.
Doubled my position in mREIT CYS and in nat gas ETF FCG. Took profits in global real estate CEF IGR. I use IGR as an intermediate term trading vehicle. CYS and FCG are long term positions. Cut cash position by half to 13%.
I took profits in one ETF, then added to existing positions in another and to a mREIT. I haven't touched my core mutual funds in perhaps over a year. I'm on the fence on the direction of this market. I have cash to take advantage of opportunities, b…
Reinitiated my trading position in MOO when it last pulled back, then doubled it. Watching PBT for an initial trading position. Also watching CYS to add to my substantial long term position in this mREIT.
Reply to @bee: I like the "only a little" approach in this market. Sold my small trading position in MOO early this morning when it gapped way above its Bollinger Band; it's pulling back now and I'll buy it back in due time. I have large positions i…
