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MikeM
I know you are not a fan of his, Mona (understatement :) )
Another Bills fan!!! Junkster just sent me a note saying the same. GO BILLS! They will be right down the road from me when training camp starts next week at St. John Fisher College. But tickets sold out in hours, so I won't be going. Are you from the area, Western NY?
I hold 2 large cap equity funds FWIW. DSENX for value and GTLOX for growth. So yes on DSENX (IMHO) to answer your question.
I like minimal funds, so I personally wouldn't add a sector fund as a core holding. I'm not sure a sector fund even meets d…
You've had lots of great comments. I'll just add, I like owning a global fund to accent my International and EM funds. Not to take their place, Personally I wouldn't substitute the global fund for Int./EM.
FWIW, I own SGENX (L cap) and GPGOX (S cap…
All good stuff @Hank.
I did own PRPFX for a time and it did well when I held it. By the way, like you, I also owned HSGFX back then. I truly can't remember when I bought or when I sold PRPFX. I know I got out when gold started to drop. I did use P…
Who's Bruce Berkowitz???
Actually I see there is only 116 million in the allocation fund FAAFX, but strange to me, still 1.8 billion in FAIRX!!! Now that's dedication, I guess.
If you trend GLD and PRPFX, the 2 move in tandem. So, it could be argued PRPFX is a conservative way of owning gold, I think. I think you would own a fund like PRPFX for the same reason you would own a conservative balanced fund like maybe GLRBX, a…
@VintageFreak, this explains a similar strategy. Pretty much own the hottest sector(s) until they're not.
http://investwithanedge.com/market-leadership-strategy
The Market Leadership Strategy always has two holdings with nominal weighting of 50% e…
@jlev, take a look at an on-line bank like Ally. I attached a link to their CD's and MM options. In my opinion, these places are an easy way to hold "cash". Short term bonds or the like are not cash, just cash-proxies. Their value can and may go dow…
I believe Schwab's MM is at 1.2 or 1.25 now. I met with my Schwab guy yesterday and we talked about setting up a "safe-bucket" of 4 years needed withdrawal income when I start retirement. We both agreed setting up that bucket (still as an IRA) at an…
I've own the Schwab robo for about the same time as this guy. I can't disagree with him. I also believe the complexity of the robo does not, or has not as of yet added total return value. The biggest concern I've had, and he stated, is having gold i…
Byron isn't "predicting" and he is not "forecasting" anything in this article. In fact he says as much right from the start, These are things that are out there and could become a factor, some thoughts more plausible than others.
Yes skeet, that is the news letter I was thinking about. Haven't seen it for quite a while.
Your post got me thinking about the comparison between a "leadership" investment style that is proposed by yourself and "Invest-with-an-edge" versus a strat…
@Old_Skeet, your sector momentum strategy sounds exactly like that momentum news letter you used to link a few years ago. Are you copying that guy's strategy? Can't remember the name of the letter or the guy who ran it. Invest in the 3 leading sect…
Still attempting to determine if there are particular equity areas that may be more happy from the "tax package"
In macro terms, I sway towards large companies doing better then small companies given the reduction in corporate tax brackets. I tend t…
Good stuff bee. I used to use these probability calculations to figure out the risk in my portfolio. So, given the info in your post, a 60:40 portfolio (equity 50:50 split between US and Int) you would expect your yearly returns to fall in the range…
What would you recommend to maximize his investment income?
The investment should be safe as there is no other money to live on.
I think this is the crux of the problem when trying to give advice on this. These 2 "wants" are contradictions. Old_Joe …
A question only you can answer @Carefree
You really have to come to grips with visualizing a portfolio and determin what fits best inside of that. Individual funds are just building blocks for the risk return profile you want to achieve.
Here is…
Excellent choices for either the Wellington or Wellesley funds. But I would suggest maybe looking at a 1 fund diversified portfolio from TRP, any of their "retirement" funds (not the target date). Chose the one that fits the equity allocation (50:50…
Thanks @Mark. I do see after a closer look that the funds are different. I am also intrigued by "management and ownership" which is why I'm considering a swap.
Also, I assume you meant "none constitute more less than 5%". I'm always impressed wit…
That's the rono I remember!
Haven't been into pot for 40 years so not sure I know what to do in that space. Used to just role and smoke. Beyond comprehension back then that it could be an investment! Energy I like. The only recent move I've made wa…
At years end I sold a lot of TIBIX and divided it between the Rondure funds ROSOX and RNWOX. Frankly it's primarily a play on the management and ownership.
@Mark, I like it. Why both Rondure funds though? I've been 'pondering' a switch from SGENX to…
I sometimes suspect some of the posters here are stoned.
I agree Hank. I went to invest in this ETF, but once I got into my account I forgot why I was there. Started laughing uncontrollably while staring at the different color lines on the charts. T…
Interesting @msf. A good example of what you are asking can, I think, be portrayed by the Grandeur Peak funds and now the Rondure funds. Another example might be with Matthews funds. Even if the stock picks differ, the stock picking process is likel…
@Mark, as Billy Joel sang, "you may be right but you may be wrong..."
davfor, thanks. that was useful and understandable. Here is also a fairly simple explanation of what blockchain is.
https://blockgeeks.com/guides/what-is-blockchain-technology/
Bears cast doubt on the value of the virtual assets, with UBS Group AG this week calling bitcoin the “biggest speculative bubble in history.” Bulls argue the technology is a game changer for the world of investment and finance.
Thus the quandary. …
Kind of on-cue for this discussion. From the little I've read, I do believe it is the future of finance. How that equates to equity I have trouble with, but I have no doubt it will create billionaires. One technology an oldster like me has a hard ti…
I've been wondering what "tag-a-long" stock or sector would be affiliated with the bitcoin craze. For example, instead of buying Amazon at high valuations you might reap similar benefits by buying UPS or FedEx. Instead of buying over priced Apple st…
Thank you @mns. that's good advice. I haven't looked specifically into the allocation versus expected or needed returns. Maybe 6% might be a "back of the napkin" calculation for growth portfolio return needed to sustain the safe-bucket. That would b…
