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.
Thank you Everyone!
I will be retiring within the next 3 to 4 years and need to change allocation to "living off my money" rather than accumulating it. I am searching for things to begin to trade into for the future.
I do listen to Gundlach's we…
Bloomberg corrects its statement that Berkowitz sold his common shares...
(Corrects headline and first sentence of story published Nov. 14 to remove reference to Fairholme selling Fannie Mae and Freddie Mac common securities.)
Bruce Berkowitz’s Fa…
Thank you expatsp!
I actually already own DSENX in a small position. I will probably fold my RNCOX into it. I am very intrigued by the concept behind DSENX. I am hoping it performs positively over time.
Ted, I checked out the U.S. News & W…
Does anyone own RNCOX (River North Core Op?)
I have owned it for 3 years and am trying to decide if I should fold it into another fund. I am consolidating and was considering putting it into PRWCX (T Rowe Price Capital Appreciation) , or FPACX…
I think this may be incorrect reporting by Bloomberg. There is some discussion on the FNMA Yahoo Group about this. It may be that Berkowitz is just not reporting on the ownership of common stock in FNMA.
http://investcorrectly.com/20141114/story…
I am sorry, I just realized @davidrmoran has posted some of these links. Try the last one. It has the link to the webcasts. DSENX and DSEEX are the same fund. DSEEX is cheaper, but is institutional and requires a $100,000 initial buy. You can …
I just bought this fund and have high hopes for it. One source of good information on the Doubleline Funds is to listen to the online replays and webcasts they produce. There is a replay on this Shiller Enhanced Cape fund that you can download da…
Festina Lente:
It's latin. It means "make haste slowly."
Festina lente or σπεῦδε βραδέως (speûde bradéōs) is a classical adage and oxymoron meaning "make haste slowly" (usually rendered in English as "more haste, less speed"). It has been adopted…
Thank you Ted, Old_Skeet and bee!
The Kiplinger article was really helpful and I plan to check out "The Moose."
I have seen the Fund Mojo before and will look it up again. I also sometimes check in to the Maxfunds site. I have used MFO for several…
Hi Scott
I just began an initial $2,000 allocation to POAGX and GPEOX. I also bought FNMA (Fannie Mae) back in August and added to it in January and February. I own three of the Fairholme funds and added to them as well. FNMA has actually been m…
Reply to @Amir:
Yes, the Pfd shares are on fire.
The GSEs' junior preferred shares popped, with Fannie Mae's preferred Series F shares (FNMAS) rising 13.3% to $9.88, while Freddie's preferred Series Z (FMCKJ) shares were up over 9.1% to $9.88. Bo…
Reply to @claimui:
Thank you for the suggestion to talk to the Vanguard Flagship Service. I am going to call them today and find out what they recommend.
Also, I plan to review the bond fund companies you suggested. I already own Doubleline D…
Reply to @Sven:
Thank you for your suggestions. I plan on investing in Wellington and Wellesley and the Total Stock Market Index fund. I haven't decided, yet about the international portion of the trust. My family members already own several of…
Reply to @Hogan:
I understand completely about being careful about family dynamics with fund selection. I was asked to look at funds for the trust by by brother, who has POA over the account, because $400,000 of this money has been in 4 of my f…
Thanks Scott! I will look over the information you listed. I already own AIG stock and it is up 40% since I bought it last fall. I also own AIG it in my Fairholme Funds. I might try PFF in my Roth IRA.
M&M
Hi Ted,
How are preferred shares bought? I have regular AIG stock and am considering buying some preferred stock. I noticed you listed owning PFF in the thread: Portfolios-Your top 3 holdings. Do you always hold preferred shares? I have never …
