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User 427801

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  • Dumb Investment Of The Week: Junk Bond Funds [View article]
    Sitting back with my do nothing portfolio of fsemx, pondx and lsbrx...I still occasionally read these articles of all the wizards who continually juggle investments. I havent touched the above portfolio for 10 years and have avg'd about 9% return each year. I can almost guarantee if I played the armchair investment adviser game, I -MIGHT- have made close to that, but probably not.

    Maybe we'll start seeing some beneficial articles on how to maximize the money we make and invest it with people who, lets be honest, you have little chance of besting (a simple stock index and a professionally managed bond fund)...rather than how to play these losing market timing, investment juggling games.

    Sock the max in a Roth, avoid taxes and enjoy the much larger payout when you turn grey. All the while doing nothing. People hate me in these forums because of the simplicity of the portfolio and better returns...fine with me! Take a look on morningstar if you need to see the reality.
    Mar 21, 2014. 03:23 AM | 3 Likes Like |Link to Comment
  • Income Strategy 2014: Thinking In And Out Of The Box [View article]
    You may want to buy some vegas stocks too since it looks like you enjoy gambling with your retirement money. AGNC alone has lost 36% since May of last year.
    Too bad you just didnt buy a simple index like FSEMX, could have done far better sitting on your hands...why people continue to think they can beat the market consistently never ceases to amaze. Lets be honest, stocks are lousy income generators....thats what they created bonds for. <insert the obvious here>
    I would trade your entire list for a PONDX, PKO or PTY. Look at the overall returns of those and tell me going off on your own is better...especially with the cliff dive in AGNC. I can freely admit that PIMCOs managers run circles around me in the investment world...why not side with the best? Investing is not a hobby nor should you treat it as such...best advice I ever heard that stuck. I dont tinker with my taxes (audit flag), so why would I in my investments!
    Feb 11, 2014. 07:38 PM | Likes Like |Link to Comment
  • Top 3 Monthly Dividend Paying ETFs For A Roth IRA [View article]
    Its been proven decade after decade that simply owning a small/mid cap index will easily beat a portfolio of low paying dividend stocks. Thats if you consider anything under 3% "income"....if Im risking capital, sure as hell wont do it for a lousy 2% dividend from large companies that need to CONSTANTLY buy back shares to make earnings appear better (another story). Stocks are the highest form of risk investment, maybe too many people are still brainwashed to think that stocks and dividends go up forever. GE anyone?
    Just buy FSEMX and a quality managed bond fund (LSBRX, PONDX or a CEF like PKO, PTY) and you will make FAR more money than trying to play amateur money manager. I invest to make money, not turn it into a hobby, basically what you are doing playing individual stocks without realizing it.
    I havent changed anything in 11 years (passive = more $$$) and have market beating returns (people cant seem to accept it for some odd reason)...if I had played around and traded, would have made far less for sure. I'll save the "fun" for traveling. Im not better than anyone else here, quite the contrary...Im just not arrogant enough to think I can consistently beat simple mathematical probability for stocks and that I can "out income" ivy league level top rated managers at PIMCO for bonds.
    Feb 11, 2014. 01:34 PM | 1 Like Like |Link to Comment
  • Yields Approaching 10% From Bargain Priced Income CEFs: Another Look [View article]
    Wow, you spent quite a bit of time being as articulate as possible in that retort. That medication comment...ha, the quintessential funny man. People hate when others point out FACTS.
    The brilliance in my investing is having others, far better at investing than me, run my money. I dont trade in and out nor buy the latest fad - aka todays ETF strategy nor take advice from dime a dozen article writers. My portfolio consists of PONDX, FSEMX and LSBRX (retirement) PKO, PTY, PDI, PCI for my personal portfolio. I let Superior money managers determine my investments and my returns (guess that qualifies me as a genius...OK). Make light of it all you want, at the end of the day the ONLY reason to invest is to make as much money as possible in the least amount of time. I do so well, because I dont do anything at all. That too hard to comprehend my well versed friend?

    Have a better plan? <crickets> Hobbies typically dont make one money.
    Feb 3, 2014. 02:18 AM | 1 Like Like |Link to Comment
  • The Ultimate PIMCO High-Yield Bond Portfolio [View article]
    Oddly PKO, the best performing of the bunch isnt spoke of here. Run by Dan I. and free to go anywhere....no premium and somewhat lower fees.
    Jan 29, 2014. 03:58 PM | Likes Like |Link to Comment
  • The Ultimate PIMCO High-Yield Bond Portfolio [View article]
    Great strategy. Nothing like limiting yourself to poor performing CEFs that trade at a discount.

    Compare your statement to owning an iPhone, which is selling at a massive premium to any other cell phone....but thats OK Im guessing.

    Buy the manager, not discount/premium,,,hello!
    Jan 29, 2014. 03:54 PM | Likes Like |Link to Comment
  • PIMCO High Income Fund's Top Institutional Owners Are Buying More Shares Even On A 49% Premium [View article]
    ACID7 - do you pump gas for a living?
    Jan 26, 2014. 02:41 AM | 1 Like Like |Link to Comment
  • PIMCO High Income Fund's Top Institutional Owners Are Buying More Shares Even On A 49% Premium [View article]
    I always like to interject reality into a forum full of opinionated fools.

    PHK has made investors 21.9% over the last 5 years and 12% over the last 10. Its been the #1 bond CEF 3 out of the last 5 years.

    Oh ...and it made a meager 26% in 2013 when 90% of "intelligent" posters all told us how the bond market will crash into oblivion as rates went up. I believe gold should be nearing 7-$10K any day now, at least according to the experts - who are now in hiding it seems.

    Capt Hindsight
    Jan 26, 2014. 02:38 AM | 3 Likes Like |Link to Comment
  • PIMCO High Income Fund's Top Institutional Owners Are Buying More Shares Even On A 49% Premium [View article]
    So you wont invest in a high premium CEF, but you'll gladly pay an almost 3% fee for a CEF with no track record? Interesting.
    Jan 26, 2014. 02:26 AM | Likes Like |Link to Comment
  • PIMCO's Strategic Global Government Common Fund Is Now A Buy [View article]
    Have to admit for my play account I own every one of PIMCOs CEFs (couldnt decide on 1) along with AWF. Stick with the best...regardless of discount or premium.The smart way to buy and sell CEFs is to base it on world events/trends as opposed to premium/discounts. Everyone spouts off how they can so easily buy and sell based on historical NAV, basically they are full of crap. Having the lemmings buy and sell for the wrong reasons do help those of us who dont think they have the magic market timing "skills".

    If you are overly concerned about premiums, invest in the fund equivalent - PONDX, PHSDX or a LSBRX. FAR less volatility.
    Jan 26, 2014. 02:21 AM | Likes Like |Link to Comment
  • PIMCO's Strategic Global Government Common Fund Is Now A Buy [View article]
    So its better to invest in mediocre funds selling at discounts that make lesser returns over time? Blackrock has a plethora of discount CEFs that have underperformed the PIMCO ones over the last 10 years.

    Most retired people arent into leveraged gambling.
    Jan 26, 2014. 02:10 AM | Likes Like |Link to Comment
  • Shed Some Tiers Over Your Income Portfolio [View article]
    Isnt it amazing how you think youve bought a wonderful stock, knowing you will beat market returns and here comes a curve ball out of no where. The market is climbing to new highs and target just hit a 52 week low, probably wiping out a about 5 of your winning guesses (stock picking is a guessing game).

    Its also amazing how SA writers disappear when a stock is getting torn up, but will happily talk up a 52 week high stock like its a frat party and we are all invited.

    If you believe the slim odds are in your favor, that buying a lotto ticket is a great idea (your state gov sure loves it when suckers hand over their money freely) and that you have the skills to - consistently- beat an index that 80% of much smarter investors cant beat, then stock picking is right up your alley.

    There is no russian born hacker that will ever lose me money in the market, nor any CEO making a bad decision that affects my personal wealth. When the overall market is going up I will be 100% sure to make money - can stock pickers say that? Keep playing the lotto my friends, your Target awaits you.
    Jan 22, 2014. 02:28 AM | 1 Like Like |Link to Comment
  • The Ski Slope Market: What's Next In 2014? [View article]
    Never take advice from "experts", they havent a clue any more than you or I on the direction of the markets. Ive been sitting on the same 3 funds for the last 13 years - fsemx, pondx, lsbrx and have easily beat the "globally diversified" BS portfolios spouted by every article writer.

    You simply wont beat an index long term and especially a mid cap one plus a go anywhere, non hindered managed bond fund over a stretch of time.

    The only time I was totally out of the market was from 07-08, if you had an ounce of common sense you could have seen that one coming - especially where I live - AZ, the 2nd worst housing crisis in the country at the time.

    The more you listen to others, hopping in and out of investments, the worse your chances are of even making a market return. For whatever reason we all think we can do better, like buying a lotto ticket with the hopes of winning the big one. The only ones hitting it big are your local government.
    Jan 6, 2014. 02:31 AM | Likes Like |Link to Comment
  • ATP Oil And Gas - A $30 Million Hail Mary On A Trillion Cubic Feet Of Natural Gas [View article]
    HEY DEVONSHIRE:

    T-O-L-D Y-A S-O

    You mocked me for sooo long on my 100% correct call that this company was a disaster in the making, run my con artists, with the audacity to issue debt paying almost 13% (the biggest red flag I beat to death in forums) when it already had a staggering amount of debt.

    Now that its around - 2 cents - time to average down and load up the wagon! If Im not mistaken, you could probably buy the entire float for around 20 bucks.

    BTW - any other brilliant stock picks you'd like to peddle senselessly like a salesmen wearing plaid?
    Jan 3, 2014. 01:13 PM | 3 Likes Like |Link to Comment
  • Plug Power - A Follow Up [View article]
    So did you also recommend the stock anytime prior to that? - since its 5 year free fall from $11.

    I always find it amusing how people pat themselves on the back for making a lucky timed recommendation (and lets face it, stock purchase timing is all luck unless you are an insider) yet conveniently go silent when making a disastrously timed one.

    It would have been impressive if you had recommended it closer to .20 cents when just about everyone (probably you as well) left it for dead earlier this year.

    Even with all the extra revenue, bottom line still looking at a loss for the year. Ever hear of ATPG? - the next big thing in oil hyped ALL over the internet...its all a crap shoot. $20 to 2 cents in a flash.
    Jan 3, 2014. 01:01 PM | Likes Like |Link to Comment
COMMENTS STATS
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