Thanks Travis always for your indepth sharing, and analysis of all things for us. Travis is there anywhere on the site to go to see the various threads being discussed? I see the current ones on the right side, and try the search box too sometimes, but I am just not very successful in finding stuff for some reason. Thanks for all your help and I am so happy that I found your site, it has helped me so very much and I certainly love the community!
A viewpoint from a 71 yr. old retiree. My current portfolio is 28% cash, 8% physical precious metals, 9% precious metal stocks (OKSKF, OCANF, GGN (13.4 % dividend), SPPP, and SLW. I plan to allocate an additional 8-10% to precious metal stocks at $1175-$1200 gold, comprised of SGDJ, RGLD, MORE SLW, MORE GGN, and MORE OKSKF. The next 45% is allocated among 12% natural resources (FCX, ETP, SUN, FGP, CQP) and 33% closed-end funds (CHY, NCV, HPI, JPS, NRZ, APTS, EXG, PCEF). This portion generates an average return of 8.9% in dividends which I reinvest. The remaining 10% is invested in inverse funds, (PSQ, VXX, SDS) for insurance against a major market drop. Over the entire portfolio I get 5.4% return in dividends per year, and that is steadily growing as my dividends are reinvested. Regardless of what the markets do I sleep well at night, and will maintain these allocations until November 8. GO TRUMP!!!!!!!!!!!!!
As a new investor I have a lot to learn. I’m in the process of disengaging with my “financial Advisor” and attempting to go it alone. I find myself overly attracted to hyped up ideas from Motley Fool and “Oxford Income letter”. I always check Travis’ take on the teasers but I also need some advice on basic investing books for beginners. Can anyone help? I don’t have a huge amount of time as I just turned 71 and am semi-retired. I am a piano teacher with a little inherited money to invest and I need to move as quickly as possible. Thank you in advance.
DSEEX continues to outpace the market — these short time periods are not all that telling, of course, but now year to date the fund has returned 12.5% vs. 7.5% for the S&P, and that improvement has been pretty consistent. It’s been a strong market, but this particular interpretation of “value” investing has returned 6% since I started buying it, versus 3.75% for the S&P. And that during a time when traditional “value” indexes have done slightly worse than the overall market. Time will tell whether this is truly a “better mousetrap” that can endure, but so far in this fund’s young life (it was launched in 2013) it is proving to be exceptional in a pretty boring way, and at relatively low cost… which is what I want for this part of my portfolio.
I remember STM being the largest chip maker ( by number of chips ) in the world and trading at $8 – 10 years ago. Weren’t they the ones teased to have the chip that could predict a heart attack before it happened, etc.? You have to believe that if it’s making money, and has made money this long, that it would hopefully have a trick up at sleeve that would catapult that one of these days? Maybe a long Leap? I’ve been in and out of it a few times in the last 10 years so I guess one more time won’t kill me LOL. Thanks Travis. By the way, I’m down at exit 7 and if you ever want to come by and grab a nice Portuguese lunch, I’d love to buy and pick your brain at the same time ! Have a great weekend thank you!
And oh yes, one more thing. I’m not sure how many years ago it was that you suggested SAND as a good play. There’s no question in my mind that it’s the absolute best gold play out there. I have bought In every dip including two dollars and change in the last 8-9 months.. IMO, it is comfortably the best go play for any goldbug out there. I wholeheartedly trust the brain behind Silver Wheaton to deliver again!
Thanks Travis always for your indepth sharing, and analysis of all things for us.
Travis is there anywhere on the site to go to see the various threads being discussed? I see the current ones on the right side, and try the search box too sometimes, but I am just not very successful in finding stuff for some reason. Thanks for all your help and I am so happy that I found your site, it has helped me so very much and I certainly love the community!
Right now the most recent ones will be on the Discuss page, linked from the very top. Should be easier to find in a few weeks.
Hi, according to Morningstar, minimum investment into DSEEX is $100k – is that right?
There’s a lower-minimum version that has a higher expense ratio (DSENX), and I think the IRA minimum for DSEEX is much lower, maybe 5-10,000.
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laketangler says:
May 28, 2016 at 2:16 pm
A viewpoint from a 71 yr. old retiree. My current portfolio is 28% cash, 8% physical precious metals, 9% precious metal stocks (OKSKF, OCANF, GGN (13.4 % dividend), SPPP, and SLW. I plan to allocate an additional 8-10% to precious metal stocks at $1175-$1200 gold, comprised of SGDJ, RGLD, MORE SLW, MORE GGN, and MORE OKSKF. The next 45% is allocated among 12% natural resources (FCX, ETP, SUN, FGP, CQP) and 33% closed-end funds (CHY, NCV, HPI, JPS, NRZ, APTS, EXG, PCEF). This portion generates an average return of 8.9% in dividends which I reinvest. The remaining 10% is invested in inverse funds, (PSQ, VXX, SDS) for insurance against a major market drop. Over the entire portfolio I get 5.4% return in dividends per year, and that is steadily growing as my dividends are reinvested. Regardless of what the markets do I sleep well at night, and will maintain these allocations until November 8. GO TRUMP!!!!!!!!!!!!!
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Sounds like a good plan. However, I would change the last two words to: Trump must GO….Away!
Here, here! I totally agree
As a new investor I have a lot to learn. I’m in the process of disengaging with my “financial Advisor” and attempting to go it alone. I find myself overly attracted to hyped up ideas from Motley Fool and “Oxford Income letter”. I always check Travis’ take on the teasers but I also need some advice on basic investing books for beginners. Can anyone help? I don’t have a huge amount of time as I just turned 71 and am semi-retired. I am a piano teacher with a little inherited money to invest and I need to move as quickly as possible. Thank you in advance.
Kevin
Hi Kevin and welcome to stockgumshoe.com 🙂 As an Irregular member, I have discovered many fascinating areas. Travis and others have prepared a place at the table for you here: http://www.stockgumshoe.com/2014/11/first-steps-and-favorite-tools-for-new-investors/ Best2U4U-Ben
Even if you have only five years, you should read Benjamin Graham’s “The Intelligent Investor”.
$STM – STMicroelectronics Introduces New Bluetooth(r) Low Energy Single-Chip Solution http://globenewswire.com/news-release/2016/06/30/852775/10163832/en/STMicroelectronics-Introduces-New-Bluetooth-r-Low-Energy-Single-Chip-Solution.html
DSEEX continues to outpace the market — these short time periods are not all that telling, of course, but now year to date the fund has returned 12.5% vs. 7.5% for the S&P, and that improvement has been pretty consistent. It’s been a strong market, but this particular interpretation of “value” investing has returned 6% since I started buying it, versus 3.75% for the S&P. And that during a time when traditional “value” indexes have done slightly worse than the overall market. Time will tell whether this is truly a “better mousetrap” that can endure, but so far in this fund’s young life (it was launched in 2013) it is proving to be exceptional in a pretty boring way, and at relatively low cost… which is what I want for this part of my portfolio.
I remember STM being the largest chip maker ( by number of chips ) in the world and trading at $8 – 10 years ago. Weren’t they the ones teased to have the chip that could predict a heart attack before it happened, etc.? You have to believe that if it’s making money, and has made money this long, that it would hopefully have a trick up at sleeve that would catapult that one of these days? Maybe a long Leap? I’ve been in and out of it a few times in the last 10 years so I guess one more time won’t kill me LOL. Thanks Travis. By the way, I’m down at exit 7 and if you ever want to come by and grab a nice Portuguese lunch, I’d love to buy and pick your brain at the same time ! Have a great weekend thank you!
And oh yes, one more thing. I’m not sure how many years ago it was that you suggested SAND as a good play. There’s no question in my mind that it’s the absolute best gold play out there. I have bought In every dip including two dollars and change in the last 8-9 months.. IMO, it is comfortably the best go play for any goldbug out there. I wholeheartedly trust the brain behind Silver Wheaton to deliver again!