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.
THE SCOTCH WHISKY REGULATIONS 2009
”Formal regulation of Scotch Whisky is contained in the Scotch Whisky Regulations 2009 (the “Regulations”). The Regulations set out the regulatory requirements for the production of Scotch whisky. Only whisky pr…
@hank - ? S&C = Scotch& ??? I know you'd never pollute it w/coke.
Sorry @Mark. I had the initials reversed. C&S
Right on about scotch pollution - Anything more than a little ice & water would amount to sacrilege.
Breaks my heart to…
JEQ jumped about 9.5% this morning following an earlier 4% gain. Sold all. Replaced it in the CEF collection with FOF which I’ve been watching.
Have buy orders in for LPXAX & CPLSX. I’d rather increase investment in those less aggressive are…
Just looking at the big indexes (not necessarily representative of the broader market) they really haven’t fallen that much yet …
DJI -2.61% YTD (after today)
S&P 500 -5.26% YTD (after today)
The high flying NASDAQ is off about 10% YTD. The…
gman57s post on this page is telling. Why on earth would Musk risk so much for no gain? The answer may be in all the data he’s able to swipe from those government computers. Unfortunately, once it’s “out the door” there’s no way to put it back in t…
”I found it. You found it. Multiple people have viewed it.”
295 views and rising …. a winner!
Sometimes the posts in OT have more investing value than some over on the investing side.
Latest from Bloomberg 3:00 PM:
President Donald Trump said he was reevaluating plans to double steel and aluminum tariffs on Canada to 50% after Ontario announced it would suspend a 25% surcharge on electricity sent to the US.
"I'm looking at tha…
After about 2 weeks (since February 26) the difference in performance between the etf I sold (GAA, a diversified global fund of funds with 45% equities) and the 7 CEF collection I devised is “Chump-Change”. The CEF collection has been consistently …
good point @gman57
I figured there has to be some reason he’s been willing to damage his TSLA brand with this illegal interference in the levers of government. And so much time away from his business operations. Your referenced article makes sense,…
Point taken @Sven
To show the difference holding some good quality bonds makes … Today TCAF (equity only) lost twice as much (-2.21%) as its sibling PRWCX (-1.11%) which holds some bonds.
”Makes me want to slip across the northern border …. “ - Just don’t tell them where you came from. We are not well liked up there …
Trump would like a quick recession & market decline. Appears he’s pushing all the “right” buttons to induce on…
GLFOX gained .86% today. Sorry now I’d put in a small buy order late in the day thinking I’d probably add to my holdings at a discount.
I haven’t looked at ccor recently. But the VIX apparently has romped ahead in recent days. That + the flight i…
Well, I’ve been buying - albeit mostly foreign. But it shouldn’t have taken the pummeling of the last few days to make the point. It’s all about valuations. David addresses that in this month’s Observer and notes that many foreign markets are more r…
Thanks @Observant1
Agree the thread was investment related as you originally posted it. Nice take by Zweig. Making major portfolio moves based on all the shouting from one side or the other isn’t wise. Don’t vote or express your outrage with your…
Added a bit across-the-board to my 7 CEF collection (in equal amounts). That took cash from 12.5% down to 12.0% Interestingly, utilities and some real estate funds are up today.
Thanks for the ideas guys. If I could find some place to throw some $$ I would. I agree that real assets are a good place to be (inflation hedge) but my largest holding is RAPAX - a more conservative real assets fund. And utilities / infrastructure…
He will pass off the blame, and take our markets down.....while he plays golf and threatens our former allies.
Maybe invest in fertilizer and golf balls? Body armor & fake ID if planning travel abroad?
(Just trying to keep this thread under “…
Thanks @BaluBalu. Others might be interested in your suggestion. I wasn’t looking for an Oaktree product. Just thought it worth mentioning the relationship between Brookfield and OakTree. Brookfield does a lot of work in real estate. OakTree focus…
Will add new unique Display period to MFOP and coin it: Trump 2.0. Will start November 2024. End current month or until there is a new president.
SNL’s ”Weekend Update” on Saturday reminded everyone to set their clocks ahead - “preferably by 4 yea…
A day reminiscent of Michael Jackson’s ”ABC - 123” song lyrics.
(Around 10 AM) - DJI Off 1% / S&P Off 2% / NASDAQ 0ff 3%
I’ll be watching today. Might be able to put a little dry powder to work.
FWIW - picked up a bit of a Brookfield …
The BB article speculated on what the bond market might be saying about the economy. That’s all as far as I can see. As far as making investment changes due to some macro call like this, I would not do it. But I’m not a momentum investor.
Wou…
I have long taken daily fish oil capsules for med reasons. Great! Now I can expect to pay more as these follow toilet tissue (Trump I) and eggs (Trump II) into the stratosphere.
PS - The capsules go down easily. No need for a shot of scotch at …
The Swiss franc is up 20% against the Dollar YTD too. True to form, Swiss based NSRGY has risen about the same amount this year. (I no longer own it.)
The dollar has been “walking on water” a long time. Couldn’t continue indefinitely. There are …
Thanks for posting @Mitcheig
There’s not a lot of information out there yet. Much of what is out is highly promotional in tone. FT recently published 2 articles. The second is more enlightening. Search query might possibly help folks get around…
Nice @Mark.
High yield credits are a rewarding area for investment. What people need to remember is they behave more like equities than traditional bonds during periods of market stress. So, considering a “whole” portfolio, high quality bonds (e…
In a sense that tactic of buying when others are fearful has worked for me as well. Dumpster fires and bathwater floods are great places to look for hidden gems rather than racing up the roads to the current sparkles in the eyes of the masses.
I a…
I look at it as a combination (1-2) punch. High valuations + erratic policy that is effecting both the consumer and the Corporate outlooks.
I agree. Trump’s miscues are both effecting and affecting market action! Don’t ya just love spell mischeck…
Prices continue to fall. Bought just several more of oil/gas midstream Energy Transfer ET again... 7% dividend.
+1 “Make hay while the rain shines.”
PS Powell is yapping. Must have said something to turn the markets around. ”Stay tuned …”
@hank We are trying to time the markets. At least I am.
The toughest part of the game is parsing out your dry powder.
The quip about “loading up the wagon” was made in jest of course!
Not a market timer. Wish everyone good luck in that if tha…
I was sitting at 33% equity when all the fun started a few days ago. With a few very small changes in my CEF collection (Out with the old. In with the new) equity exposure has crept up a bit to around 38%. Still too early IMHO to start loading up t…
Sold my last remaining direct exposure to gold (GGN). It was a “toe-in-the-door” after vacating PRPFX late last year. Replaced GGN with ASGI in the revolving 7-fund CEF collection.
“Let’s say high yield bonds yield 8% and a Treasury note of the same maturity offers 5%, for a yield spread of 3%, or 300 basis points. Which is the better deal? It all depends on the likelihood of default. “
Yes and No. It’s not as simple as Mar…
"... Trump declared last night that “we are going to have growth in the auto industry like nobody has ever seen.”
Will that come before or after the greatest healthcare program ever seen? Or proof of a stolen election?
Sad isn’t it? I’ve seen est…
Thanks @yogibearbull. I don’t trust M* as far as I can throw them. Just a starting point. Always read the fund prospectus and most recent annual / semiannual report before investing. CEF Connect seems to be a better source of information on CEFs. …
@shipwreckedandalone has cited part of David’s dissertation in the March Observer which went live late yesterday. :)
Here’s the relevant passage: ”The US stock market has a giant problem. ‘Giant’ in the sense that investors have poured money s…
