oldman

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Diversification Is Your Only Friend

nothing has worked except cash, bonds, CD's. Diversification is another word for not sure where to be.
Sep 13 21:46 pm |Rating: 0 0 |Link to Comment |View article
More Thoughts on Mohamed El-Erian's 'When Markets Collide'

"That said, this decline is not so bad for those with truly well diversified portfolios."

No Geoff and it has not taken me much to have a portfolio of a few mutual funds to have anywhere from a few percent plus to a few percent minus without so many different asset classes. Only took a fixed income position of around 35% and 10% cash and rest mostly equities. Why so many asset classes, seems to me it is not necessary to complicate asset allocation for the average investor.
Sep 06 22:00 pm |Rating: 0 0 |Link to Comment |View article
An Appeal for Sanity: Boeing's Impending Strike

A company takes the risks and provides the jobs, the greedy ones are the unions and they are forcing more outsourcing and less jobs.
Sep 06 10:40 am |Rating: 0 0 |Link to Comment |View article
Buying a Bank? My Vote is for JPMorgan Chase

How about PNC? The half ownership of Blackrock seems to be the cream of the bamks performance.

finance.yahoo.com/q/ta...
Sep 02 11:09 am |Rating: 0 0 |Link to Comment |View article
Thoughts on Mohamed El-Erian's 'When Markets Collide'

I thought I was being smart by adding alternative asset allocation class mutual fund to my portfolio but what I am seeing is when market is up alternative class is down more than it is up when market is down. Is that supposed to be?
Sep 02 11:03 am |Rating: 0 0 |Link to Comment |View article
Peak Theory, Applied To Inflation

Boy am I confused, Just retired at age 75 and looking for some fixed income investments. Thought TIP might be a decent place for about 25% of it, how about the other 75%?
Aug 24 20:17 pm |Rating: 0 0 |Link to Comment |View article
Defining a Set of Core Asset Classes

Thanks for the comment Xu tiu. In my IRA accounts, I can see it makes sense but not sure about the taxable accounts. Perhaps,still better for the equites and mutual funds.
Aug 19 10:40 am |Rating: 0 0 |Link to Comment |View article
Defining a Set of Core Asset Classes

Hi Geoff,

I have mostly managed mutual funds with managers I find are some of the best, Evillard, Leuthold, Romick, McGregor, Rudolph-Riad Younes, Royce, Cuggino. I don't own any bonds or bond funds except those in the funds I own. Can those bonds serve as my allocation to bonds? If I have 40-50% bonds from those mutual funds, can they be considered my bond allocation? I am 75 and only recently retired.
Aug 18 09:20 am |Rating: 0 0 |Link to Comment |View article
Defining a Set of Core Asset Classes

I thought I was doing ok with a managed futures RYMFX fund but not now.

finance.yahoo.com/q/ta...

It seems that commodities have disrupted any benefit, in the short term, at least. How can this be prevented?
Aug 18 08:20 am |Rating: 0 0 |Link to Comment |View article
Commodities: Though Hit Hard Recently, Bulls May Yet Return

"Key commodities are near significant support levels (e.g. $110/barrel for oil and $860 for gold), which we suspect will hold"

Well, so much for that prediction, at least for today, 8/17/2008, now $788.
Aug 17 10:59 am |Rating: 0 0 |Link to Comment |View article
Bond Expert: Monday Wrap

"The plunge in the price of commodities has wreaked havoc and carnage on the TIPS market. In the 10 year sector the spread has narrowed to 220 points from a wide of about 260 basis points."

Is this a reason to avoid or buy now?

Aug 12 10:21 am |Rating: 0 0 |Link to Comment |View article
Fixed Income: Little Value in Treasuries, Preferred Financials Yielding 8%

thoroughbred, do you have GJM- GMAC preferred around 11.75, yielding 16%? Are they going away?
Aug 11 10:06 am |Rating: 0 0 |Link to Comment |View article
While Gartman is Goldless, I Still Itch for Commodities

I'm not smart enough to make decisions like this so I am using RYFOX an alternative asset allocation fund, which includes 5 different funds, including about 45% in managed futures.
Aug 11 09:53 am |Rating: 0 0 |Link to Comment |View article
Income ETFs vs. CEFs

neither, only individual bonds are the safest way, where you have a maturity.
Aug 07 09:31 am |Rating: 0 0 |Link to Comment |View article
Responding to Bear Market Conditions

kkin 365-good comment. The mutual fund managers are mostly like that since they have to be invested.
Aug 07 09:28 am |Rating: 0 0 |Link to Comment |View article

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Wall Street Breakfast - Sample Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought. Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only. Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week. Oil demand withers. The International Energy Agency warned Friday worldwide oil demand... Email continues...
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Jim Cramer's Picks -
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Better Choices - Cramer's Lightning Round (10/15/08)

by SA Editor Rachael Granby

Stocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.

Bullish Calls:

Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.

Bearish Calls:

Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend.
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