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.
Reply to @scott: thank you for your help. I'm considering it for my taxable account as a way to defer taxes on distributions for as long as I can until it goes to my estate, since I'll be 80 next year.
Reply to @scott: Is the time to buy KMR when its price is less than KMP? Or otherwise? When the distribution is paid to KMR in shares, is the equivalent amount same as KMP?
I was interested in gold vs the us dollar. Haven't found the dollar symbol. I thought gold and the dollar moved in opposite directions. That hasn't been the case recently.
Not a bond fund but selling 1/2 PAUIX ($25,000) and putting into SCHD, Schwab U.S. Dividend Equity. Holding PIMIX, MWTRX, FEHIX. May sell FNMIX, FSICX.
10 years is an eternity now, better to use 3-5 years or less for some. I used to say, give a good manager 3 years and if not in top 1/3, get rid of it.
Reply to @Skeeter: Balance fund, as you know had bonds, equity and cash. An Equity income fund will be mostly holding dividend paying stocks. Perhaps just having equity income or equity only is a way to go. Keep a healthy amount in cash.
Reply to @Skeeter. It made me think the same, he can be nimble. Why not sell my bond funds and put that cash in an ETF I have SCHD, a Schwab high quality dividend fund. Maybe not al. I still have 20% cash.
your going to have a much smoother ride with PIMIX. Lower duration, no leverage, more
portfolio diversification but if you like volatility and more excitement PDI will give it to you.
Reply to @Skeeter: Michael Holland’s balanced fund has zero bonds, zero turnover and 76% US stocks and 24% cash.
I wonder if he has this with managed accounts.
Reply to @Investor: At first glance, I see a ton of work that has been put into this, thank you for that. My only first thought, why 20 years? In the mutual fund world, an eternity.
I see one of my most conservative funds, Wellington, is not conserv…
While I'm always interested in what's happening, I don't make changes to my asset allocation quickly or easily. Over the past couple of years, in fact, I've increased my bond allocation and now hold, in order of amount, PIMIX, MWTRX, FSICX, FEHIX,TG…
While I'm always interested in what's happening, I don't make changes to my asset allocation quickly or easily. Over the past couple of years, in fact, I've increased my bond allocation and now hold, in order of amount, PIMIX, MWTRX, FSICX, FEHIX,TG…
Reply to @kevindow: I think PAUIX was intended to also provide protection to the downside which it did quite well in the 2008-2009 period and since then. I do own TIBIX and SGENX. Funds that are balanced and hold bonds should help protect.
I think a combination of tax free muny bonds/funds and equity ETF's which are tax efficient might be best way to go. Keeping income under the $11,950 amount is important.
for more conservative types, SGOVX, who about 3 years ago was high on Japan because Jean Marie Evilliard was correct. First Eagle has always been one of the best funds and Evilliard, while retired is still on the board and alot of his own money inve…
I always hesitate going into such new funds like BGH or PDI, but since I do own multisector funds PIMIX, FSICX, OSTIX which are not pure bank loan funds, perhaps I should wait or take a JQC position and sell JRO.
Reply to @AndyJ: I appreciate everyone's comments. Andy, without getting too much into everything, all our accounts, IRA's, Roth, and taxable, total, have 19% cash, 30% bonds, 39% domestic stocks, 11.5% foreign stocks, Our largest holding other tha…
Reply to @BobC: Does that mean longer duration bonds are ok to own now? I think it is but I personally own funds that hold some longer duration but average is more like 4% and not looking for shorter.
