Anyone Buying/Selling (Open "ideas" Thread) Just came into some $$$ and:
1) ADDED to MAPOX (div. paid today, share price down unexpectedly on a rather good UP day for the BIG DAWGS. Normally, the div. per share is 45 cents, except the year-end distrib, which historically looks to be a bit higher.)
2) Finally took the opportunity to BUY into DLFNX. It's my only domestic bond fund holding. My one, single, zero-coupon bond holding will mature and be paid next July. Also, bond-wise, I'm in MAINX and PREMX. By far, my biggest holding is PREMX, though it has shrunk lately, in proportion to my others.
3) bought SFGIX. I am anticipating the day when it will be further diversified beyond Asia.
Portfolio:
a) DLFNX 2.7% of holdings
b) Zero-coupon foreign bond, owned now for 9 years, matures in 10 years at 5.68% (This is 5.38% of holdings)
c) MAPOX at 3.21% of holdings
d) MSCFX 2.54% of holdings (up 13% for me just since the Spring.)
e) MAPIX 33.62%
f) MAINX 2.84%
g) MACSX 3.53%
h) SFGIX 2.71%
i) TRAMX 2.72%
j) PREMX 40.75%
.....Ya, I know it's a train-wreck. But I like it the way it is, dammit.
MAPOX is balanced. Equities AND bonds. Apart from that, I have: 49.24% in bonds.
...I'm 58, retired early. Reduced pension, but nice to have. Housing, medical covered these days. If we move to Philippines, I'll have to buy scripts retail. But it's not awful. We've checked out prices. Hospitalization would be something else again. Maybe we WON'T move to Asia? No hurry right now to decide...
Anyone Buying/Selling (Open "ideas" Thread) Good idea for a thread, Scott.
I've just been rearranging a bit over the past month or so: reduced municipals, beefed up my stake in Gross's BOND and Pimco's multisector PDIIX, reallocated some EM from MACSX to SFGIX, and added some to MAINX and DBLTX. All within "the margin of error" in portfolio terms ... no significant change to allocation.
DGS is looking good; I thought about buying but have decided to wait a bit, hopefully for a bit of a pullback. I'm liking the pairing of ARTKX and FMIJX for developed foreign stock, and will add to the latter at some point.
On risk parity funds, after some study, I realized the way my portfolio is set up, as a whole, is at least somewhat similar to an actively managed risk parity approach, so I probably won't be buying a fund of that variety, at least for now.
Cheers, AJ
How many different mutual funds and etfs do you own? RNSIX
AQRIX
FAAFX
WBMIX
SFGIX
DODBX
Highest to lowest portfolio holdings.
I tend to agree with HiYield...hard to ignore equity-like returns with bond funds right now, while it lasts.
I recently sold RPHYX, adding to AQRIX.
Never did follow-through with ARIVX, after broker delay...covered for now with FAAFX, but did I pare back on it after recent advance to reduce portfolio volatility, which is currently under 10%.
So, six sweet funds.
Would like to get down to five or less in months ahead, but we will see...some other constraints in play for me.
But Ted...hats-off to your selection. Superb.
Would any TDAmeritrade Customers mind requesting the Seafarer Funds be added as an option TDA responded that their investment committee will consider SFGIX at their investment committee meeting in 2 weeks. Send more emails. They will ask you how much you want to invest. Assume it will be a transaction fee fund ($49 currently)
How would you describe your current equity allocation? I voted "aggressive," but not by very much. I recently added SFGIX, took some from PREMX and put it into TRAMX and also bought DLFNX, all in the same dollar-amounts.
If you're thinking of taking profits... Sept 13th was a good chance to do it. 1. If I had a frog in my pocket, I'd say "we", and the frog would probably do better investing than I do.
2. The recession is much closer than 5 yr.
3. Since my Tweedy Brown unhedged, doubled the gain of the hedged TB today, it must mean something, but I'm no economist.
4. Catch's link on the 13th led to Asian sources predicting inflows there for the near future, so does that make SFGIX a buy, or am I buying into a bubble? I'm not a timer (certainly not a good one), but I think Foster might have coattails to ride.
5. How long should one wait to fight the Fed? S&P 1500 is about 2% away.
Would any TDAmeritrade Customers mind requesting the Seafarer Funds be added as an option Just put in a request for SFGIX
Ouch...biting commentary on Edward Jones Reply to
@MaxBialystock: Ha. Sweet. I used to own proudly just 4 funds: RNSIX, FAAFX,
SFGIX, and DODBX. Then scott came along, and I grew to 6: RNSIX, FAAFX, WBMIX, AQRIX,
SFGIX, and DODBX. Unable to resist his enthusiam for Redleaf and Asness. Then David reiterated his praise of Cinnamond and the fund reopenned today, so now I own 7: RNSIX, FAAFX, WBMIX, AQRIX, ARIVX,
SFGIX, and DODBX. All through the institutional side of Schwab, or direct with the fund house. I really wish the folks on this site would stop making investing so interesting.
Seafarer viability as a business Reply to
@Shostakovich: I think that's a valid and relevant observation. Three quick notes:
1. MACSX was, is and likely will continue to be one of your two prime Asia options, along with MAPIX.
2.
SFGIX is a very different creature. It currently is 80% Asia, 10% Latin America, 10% other stuff. Within Asia, it offers a balanced exposure between developed and developing markets. MACSX is 4:3 developed over developing. For the portfolio as a whole,
SFGIX is 1:1 developed to developing, MACSX is 2:1, and most of their peers are about 3:2.
3.
SFGIX has been very successful in its own right. I track it against a variety of indexes (represented by ETFs, mostly) and it has substantially outperformed emerging Asia, Latin America and diversified e.m. benchmarks since launch.
For what it's worth,
David
Seafarer viability as a business Reply to
@msf: Can you really compare MACSX with
SFGIX? I thought
SFGIX had broader geographic mandate than MACSX.