In this section you will find our archived articles dealing with 500 funds sampp. We have focused heavily on 500 funds sampp related investments for some time now.
KCI Investing is a global advisory serving astute individuals with investment strategies and up-to-the-minute news on a wide range of topics.
Closed-end bond and preferred stock funds top their open-end rivals in several ways. Open-end funds must issue and cancel shares in line with investor demand. That means buying during up markets and selling in bad ones. The article references 500 funds sampp Story: Closed-End Funds: Watch The Premium - Closed-end bond and preferred stock funds top their open-end rivals in several ways. Open-end funds must issue and cancel shares in line with investor demand. That means buying during up markets and selling in bad ones.
There are a lot of trust mutual funds out there, but only some of them deserve your consideration. The basics of trust mutual funds, as well as those funds worth investing in, are highlighted below.
The article references 500 funds sampp Story: Everybody Into The Pool - There are a lot of trust mutual funds out there, but only some of them deserve your consideration. The basics of trust mutual funds, as well as those funds worth investing in, are highlighted below.
There are about 8,000 mutual funds out there, but only a few great ones. The article references 500 funds sampp Story: Funds For The Long Term - There are about 8,000 mutual funds out there, but only a few great ones.
To make it clear from the get-go, we don't recommend mutual funds in the Mutual Fund Portfolio that we won't hold for more than a year. The article references 500 funds sampp Story: Funds for the Long Term - To make it clear from the get-go, we don't recommend mutual funds in the Mutual Fund Portfolio that we won't hold for more than a year.
Investors of all stripes can use mutual funds to their advantage. But in many cases the asset managers that actually run the fund are excellent investment options in it of themselves.
The article references 500 funds sampp Story: Ben Shepherd - Mutual Funds -
Investors of all stripes can use mutual funds to their advantage. But in many cases the asset managers that actually run the fund are excellent investment options in it of themselves.
Although we’ve recommended them in Personal Finance many times, closed-end funds raise a lot of questions if you don’t know the basics. Unlike mutual funds, they trade on the major exchanges as listed securities and get continuous pricing during the day. The article references 500 funds sampp Story: Watch your Step - Although we’ve recommended them in Personal Finance many times, closed-end funds raise a lot of questions if you don’t know the basics. Unlike mutual funds, they trade on the major exchanges as listed securities and get continuous pricing during the day.
Just two years ago, the fed funds rate was at 1 percent and most money market funds were paying very little. Actually, they were paying less after their expense ratios were charged to their customers’ accounts. The article references 500 funds sampp Story: Cash Issues - Just two years ago, the fed funds rate was at 1 percent and most money market funds were paying very little. Actually, they were paying less after their expense ratios were charged to their customers’ accounts.
The funds in the Growth Portfolio are an easy way to buy into great companies and markets that otherwise would be difficult for individual investors to access. Here’s a review of the stock funds. See the Portfolio table on p. 7 for symbols and our current advice. The article references 500 funds sampp Story: Fund Alternatives - The funds in the Growth Portfolio are an easy way to buy into great companies and markets that otherwise would be difficult for individual investors to access. Here’s a review of the stock funds. See the Portfolio table on p. 7 for symbols and our current advice.
It’s been a while since we’ve talked about two core funds that have been in the Mutual Fund Portfolio for years: Meridian Value (MVALX) and Ariel Appreciation (CAAPX). Both funds are sleepers—they rarely stand out in one particular year. But since we’ve had them in the Portfolio, they’ve beaten the S&P 500 handsomely. The article references 500 funds sampp Story: Keepers - It’s been a while since we’ve talked about two core funds that have been in the Mutual Fund Portfolio for years: Meridian Value (MVALX) and Ariel Appreciation (CAAPX). Both funds are sleepers—they rarely stand out in one particular year. But since we’ve had them in the Portfolio, they’ve beaten the S&P 500 handsomely.
Although buying into managed funds usually doesn’t pay as well as actively investing in individual stocks, funds do offer immediate diversification. Below, we outline our favorite Canadian trust fund. The article references 500 funds sampp Story: High Yield of the Month: EnerVest Diversified Income Trust - Although buying into managed funds usually doesn’t pay as well as actively investing in individual stocks, funds do offer immediate diversification. Below, we outline our favorite Canadian trust fund.
We're adding a new group of floating-rate bond funds to our Cash Cow mix of closed-end, fixed-rate funds to proved a shock-absorber with bond rates jumping up and down. The article references 500 funds sampp Story: Breaking News - We're adding a new group of floating-rate bond funds to our Cash Cow mix of closed-end, fixed-rate funds to proved a shock-absorber with bond rates jumping up and down.
If you could hold any fund you’d like in 401(k) right now (see p. 12), which would it be? There are more mutual funds than stocks traded in the US—more than 10,000 funds. Here are three gems that stand out. The article references 500 funds sampp Story: Mutual Fund Update - If you could hold any fund you’d like in 401(k) right now (see p. 12), which would it be? There are more mutual funds than stocks traded in the US—more than 10,000 funds. Here are three gems that stand out.
Early in February, California "Governator" Arnold Schwarzenegger pledged $95 million in funds to support the development of green technologies in the state.
It’s no surprise the state government would be ponying up funds because the computer/technology revolution in the 1980s and ‘90s boosted The article references 500 funds sampp Story: The Terminator As Germinator - Early in February, California "Governator" Arnold Schwarzenegger pledged $95 million in funds to support the development of green technologies in the state.
It’s no surprise the state government would be ponying up funds because the computer/technology revolution in the 1980s and ‘90s boosted
Old hand Sheldon Jacobs was one of the first in the newsletter business to recognize the growing importance of mutual funds. Launched in the early 1980s, his No-Load Fund Investor is a comprehensive, independent resource on funds. The article references 500 funds sampp Story: Roundup: Sheldon Jacobs - Old hand Sheldon Jacobs was one of the first in the newsletter business to recognize the growing importance of mutual funds. Launched in the early 1980s, his No-Load Fund Investor is a comprehensive, independent resource on funds.
By Neil George
Our closed-end bond funds inside the Taxable Portfolio continue to deliver on our key objectives of long-term total return performance and consistent cash payments. Generally each of the funds has a mix of domestic, higher-paying US government and agency bonds as well as a collec The article references 500 funds sampp Story: The Closed End - By Neil George
Our closed-end bond funds inside the Taxable Portfolio continue to deliver on our key objectives of long-term total return performance and consistent cash payments. Generally each of the funds has a mix of domestic, higher-paying US government and agency bonds as well as a collec
This year some of the best stocks, bonds and funds that pay us piles of cash have seen some trying times. And whether it’s some of the best well-run bond funds made up of very well-performing and paying bonds or some of the big dividend payers in a variety of industries, it seems that if the investment pays any decent yield, the market has been eager to dump it The article references 500 funds sampp Story: Keep the Cash Coming - This year some of the best stocks, bonds and funds that pay us piles of cash have seen some trying times. And whether it’s some of the best well-run bond funds made up of very well-performing and paying bonds or some of the big dividend payers in a variety of industries, it seems that if the investment pays any decent yield, the market has been eager to dump it
By Neil George
Our closed-end bond funds inside the Taxable and Tax-Free Portfolios continue to deliver on our key objectives of long-term growth and consistent cash payments. Generally each of the taxable funds has a mix of domestic, higher-paying US government and agency bonds as well as a co The article references 500 funds sampp Story: Keep 'Em Closed - By Neil George
Our closed-end bond funds inside the Taxable and Tax-Free Portfolios continue to deliver on our key objectives of long-term growth and consistent cash payments. Generally each of the taxable funds has a mix of domestic, higher-paying US government and agency bonds as well as a co
With close to 100 different stocks, bonds and funds highlighted in the Personal Finance portfolios, how are you to choose? HERE’S A BREAKDOWN OF OUR PORTFOLIOS: The Growth Portfolio focuses generally on the longer term: companies building on old values and new ideas, as well as paying dividends. The Income Portfolio focuses on the longer term as well, but with an stronger emphasis on steady dividends. The Advantage Portfolio is a short-term vehicle—sometimes turnover is just a matter of weeks. And of course, while each of these groups has mutual funds (both open and closed) the Mutual Fund Portfolio (available at www.pfnewsletter.com) has a small generally fixed group of top-notch funds.
The article references 500 funds sampp Story: Capsule Advisory -
With close to 100 different stocks, bonds and funds highlighted in the Personal Finance portfolios, how are you to choose? HERE’S A BREAKDOWN OF OUR PORTFOLIOS: The Growth Portfolio focuses generally on the longer term: companies building on old values and new ideas, as well as paying dividends. The Income Portfolio focuses on the longer term as well, but with an stronger emphasis on steady dividends. The Advantage Portfolio is a short-term vehicle—sometimes turnover is just a matter of weeks. And of course, while each of these groups has mutual funds (both open and closed) the Mutual Fund Portfolio (available at www.pfnewsletter.com) has a small generally fixed group of top-notch funds.
The second quarter of 2001 was a lesson in the value of diversification, particularly for income investors. Our safety-first mix of common stocks, partnerships, preferred shares, convertibles, bond funds and money funds suffered four huge setbacks: Falling energy prices, the California crisis, falling money market rates and economic weakness. The article references 500 funds sampp Story: Mixing It Up - The second quarter of 2001 was a lesson in the value of diversification, particularly for income investors. Our safety-first mix of common stocks, partnerships, preferred shares, convertibles, bond funds and money funds suffered four huge setbacks: Falling energy prices, the California crisis, falling money market rates and economic weakness.
Each section of the Personal Finance Portfolios has a base of bonds. From our Growth Portfolio’s Cash Cows to the Income Portfolio’s core preservation funds and the Mutual Fund Portfolio’s best of the open-end funds, bonds are a PF essential. Even the Advantage Portfolio has our best pick of the bond market’s more speculative issues. The article references 500 funds sampp Story: MARKETWATCH - Each section of the Personal Finance Portfolios has a base of bonds. From our Growth Portfolio’s Cash Cows to the Income Portfolio’s core preservation funds and the Mutual Fund Portfolio’s best of the open-end funds, bonds are a PF essential. Even the Advantage Portfolio has our best pick of the bond market’s more speculative issues.
If you’re a mutual fund investor, you’re spoiled for choice—after a decade of strong fund inflows and aggressive marketing by fund families, there are more mutual funds than stocks (see graph below). And the fund boom hasn’t ended with the Nasdaq bull market—there’s still a steady stream of new funds competing for your attention. The article references 500 funds sampp Story: Fund du Jour - If you’re a mutual fund investor, you’re spoiled for choice—after a decade of strong fund inflows and aggressive marketing by fund families, there are more mutual funds than stocks (see graph below). And the fund boom hasn’t ended with the Nasdaq bull market—there’s still a steady stream of new funds competing for your attention.
There
have been reports in the media today that closed-end funds have been
experiencing “failed” auctions on short-term, cash-like securities,
which has led to some investors not being able to pull cash out of the
funds. That sounds like horrible news, but there are some distinctions
here that the mainstream media hasn’t done a very good job of pointing
out. The article references 500 funds sampp Story: Market Update - There
have been reports in the media today that closed-end funds have been
experiencing “failed” auctions on short-term, cash-like securities,
which has led to some investors not being able to pull cash out of the
funds. That sounds like horrible news, but there are some distinctions
here that the mainstream media hasn’t done a very good job of pointing
out.
2006 was yet another positive year for investors in the PF Mutual Fund Portfolio. The straight average of our stock-only funds was up 11.9 percent, underperforming the S&P 500 investable benchmark—the Vanguard 500 Index Fund—which was up 15.6 percent. Our funds on average didn’t beat the market, but they did well and have beaten the market consistently since the Portfolio’s last major overhaul in 2000. The article references 500 funds sampp Story: Another Up Year - 2006 was yet another positive year for investors in the PF Mutual Fund Portfolio. The straight average of our stock-only funds was up 11.9 percent, underperforming the S&P 500 investable benchmark—the Vanguard 500 Index Fund—which was up 15.6 percent. Our funds on average didn’t beat the market, but they did well and have beaten the market consistently since the Portfolio’s last major overhaul in 2000.
• The Canadian income trust market is undeniably hot—and the marketing arms of financial institutions have surely noted this fact. Numerous new trust mutual funds have debuted during the last six months, many to take advantage of current investor sentiment and to capitalize on Canadian rules governing pension investing. Before you jump into an income trust mutual fund, be aware that, as passive foreign investment companies, the distributions paid by CANADIAN TRUST MUTUAL FUNDS AREN’T QUALIFIED FOR US PURPOSES AND ARE TAXED AT NORMAL RATES, NOT THE LOWER 15 PERCENT RATE. We continue to favor individual trusts for this and many other reasons. The article references 500 funds sampp Story: Advisory - • The Canadian income trust market is undeniably hot—and the marketing arms of financial institutions have surely noted this fact. Numerous new trust mutual funds have debuted during the last six months, many to take advantage of current investor sentiment and to capitalize on Canadian rules governing pension investing. Before you jump into an income trust mutual fund, be aware that, as passive foreign investment companies, the distributions paid by CANADIAN TRUST MUTUAL FUNDS AREN’T QUALIFIED FOR US PURPOSES AND ARE TAXED AT NORMAL RATES, NOT THE LOWER 15 PERCENT RATE. We continue to favor individual trusts for this and many other reasons.
It’s our job to come up with the best stocks, bonds and funds to buy and own—not just the easiest to invest in. The article references 500 funds sampp Story: It’s Worth It - It’s our job to come up with the best stocks, bonds and funds to buy and own—not just the easiest to invest in.
If you’re investing in mutual funds or hiring an investment advisor, it’s important to know how much and what you’re paying for. The article references 500 funds sampp Story: It’s Your Money - If you’re investing in mutual funds or hiring an investment advisor, it’s important to know how much and what you’re paying for.
ABS, CDO, CLO, CDS, MBS, SIV: What do these letters mean, and how
will they impact the credit market, our bonds and our bond funds? The article references 500 funds sampp Story: Alphabet Soup - ABS, CDO, CLO, CDS, MBS, SIV: What do these letters mean, and how
will they impact the credit market, our bonds and our bond funds?
Quality municipal bond funds are still attractive for conservative investors in high tax brackets. The article references 500 funds sampp Story: The Other Bonds - Quality municipal bond funds are still attractive for conservative investors in high tax brackets.
Editor’s note: In the midst of a terrible year for stocks, select funds have held their own. Below we look at two that fit that profile.—SL The article references 500 funds sampp Story: Mid Cap Mavens - Editor’s note: In the midst of a terrible year for stocks, select funds have held their own. Below we look at two that fit that profile.—SL
It may be tough to focus on our stocks, bonds and funds rather than getting distracted by the troubled broader markets. The article references 500 funds sampp Story: Breaking News - It may be tough to focus on our stocks, bonds and funds rather than getting distracted by the troubled broader markets.
Even in bad markets, something is always working. It’s just a matter of doing the work to find the stocks, bonds and funds that are actually paying off. The article references 500 funds sampp Story: Marketwatch - Even in bad markets, something is always working. It’s just a matter of doing the work to find the stocks, bonds and funds that are actually paying off.
Editor’s note: Below Ivan looks at what’s next for our bond funds, which were the bright spot in our mutual fund portfolio in the first quarter.—SL The article references 500 funds sampp Story: Bonded - Editor’s note: Below Ivan looks at what’s next for our bond funds, which were the bright spot in our mutual fund portfolio in the first quarter.—SL
Economic slowdown? Stock market woes? Sounds like a job for our favorite bond funds. So why are they being treated like trash rather than treasure? The article references 500 funds sampp Story: Nothing But Net - Economic slowdown? Stock market woes? Sounds like a job for our favorite bond funds. So why are they being treated like trash rather than treasure?
We don’t recommend our Portfolio stocks, bonds and funds on the hope of holding them for just a few days or weeks. We buy each on the expectation and judgment that we’ll own them for a long time. The article references 500 funds sampp Story: Keep Up - We don’t recommend our Portfolio stocks, bonds and funds on the hope of holding them for just a few days or weeks. We buy each on the expectation and judgment that we’ll own them for a long time.
Each of our stocks, bonds and funds had better be pulling its own weight; and there had better be a good reason for us to own each. Otherwise, we’re just wasting paper, ink, time and money. The article references 500 funds sampp Story: Stay Focused - Each of our stocks, bonds and funds had better be pulling its own weight; and there had better be a good reason for us to own each. Otherwise, we’re just wasting paper, ink, time and money.
Editor’s note: Below Ivan discusses some peculiarities of closed-end funds and finds opportunities in this overlooked sector.—SL The article references 500 funds sampp Story: Check Under the Hood - Editor’s note: Below Ivan discusses some peculiarities of closed-end funds and finds opportunities in this overlooked sector.—SL
Nothing is ever a sure thing. This is certainly true when it comes to our stocks, bonds and funds. Every day, economic and market conditions ebb and flow, creating opportunities or setbacks for each of our investments. The article references 500 funds sampp Story: Game Not Over - Nothing is ever a sure thing. This is certainly true when it comes to our stocks, bonds and funds. Every day, economic and market conditions ebb and flow, creating opportunities or setbacks for each of our investments.
Editor’s note: Investors often overlook balanced funds but the sector’s best are winners in both good and bad times. Below Ivan looks at some of our favorites.—SL The article references 500 funds sampp Story: Keeping The Balance - Editor’s note: Investors often overlook balanced funds but the sector’s best are winners in both good and bad times. Below Ivan looks at some of our favorites.—SL
Nothing is ever a sure thing. This is certainly true when it comes to each of our stocks, bonds and funds. Every day, economic and market conditions ebb and flow, creating opportunities or setbacks for each of our investments. The article references 500 funds sampp Story: November 20, 2006 - Nothing is ever a sure thing. This is certainly true when it comes to each of our stocks, bonds and funds. Every day, economic and market conditions ebb and flow, creating opportunities or setbacks for each of our investments.
Editor’s Note: After the recent selloff, Ivan looks at funds that have kept on performing in the current environment, but also have great long-term records.—SL The article references 500 funds sampp Story: 10-Year Winners - Editor’s Note: After the recent selloff, Ivan looks at funds that have kept on performing in the current environment, but also have great long-term records.—SL
With the stock market continuing its slide—apart from bonds and cash—very few of our funds are in positive territory. But we’re still beating the major indexes by a nice margin. The article references 500 funds sampp Story: Hanging In There - With the stock market continuing its slide—apart from bonds and cash—very few of our funds are in positive territory. But we’re still beating the major indexes by a nice margin.
We’re closing the quarter and the year with many tears and
much gnashing of teeth. Too many quality stocks and funds that pay hefty
dividends are being treated like trash in the markets. The article references 500 funds sampp Story: Sad Songs - We’re closing the quarter and the year with many tears and
much gnashing of teeth. Too many quality stocks and funds that pay hefty
dividends are being treated like trash in the markets.
Editor’s note: Gold funds have been big underperformers in the 1990s bull market. That may be about to change with the burst of the biggest investment bubble in history. — SL The article references 500 funds sampp Story: The Saving Grace - Editor’s note: Gold funds have been big underperformers in the 1990s bull market. That may be about to change with the burst of the biggest investment bubble in history. — SL
Bonds, bond mutual funds and other fixed income securities have taken a beating. Here’s what to do. The article references 500 funds sampp Story: Bonds: What To Do Now - Bonds, bond mutual funds and other fixed income securities have taken a beating. Here’s what to do.
Each issue we try to provide stocks, bonds and funds that will work come thick and thin. And while many work out, some don’t. The article references 500 funds sampp Story: What Works, What Won't - Each issue we try to provide stocks, bonds and funds that will work come thick and thin. And while many work out, some don’t.
Editor’s note: With oil stubbornly stuck in the upper 20s, Ivan looks at our favorite energy funds that will continue to benefit from black gold’s strength.—SL The article references 500 funds sampp Story: High-Octane Performance - Editor’s note: With oil stubbornly stuck in the upper 20s, Ivan looks at our favorite energy funds that will continue to benefit from black gold’s strength.—SL
Investing in mutual funds has become a game of inches. Investors who got used to the 15 percent-plus annual returns in the 1990s are a bit confused when they see the market advance in the single digits. The article references 500 funds sampp Story: Slight Outperformance - Investing in mutual funds has become a game of inches. Investors who got used to the 15 percent-plus annual returns in the 1990s are a bit confused when they see the market advance in the single digits.
A few months have passed since the mutual fund investigations were made public in September 2003, and from the whole exercise one thing is clear: The problem was—and still is—being swept under the carpet. The article references 500 funds sampp Story: The Good Funds - A few months have passed since the mutual fund investigations were made public in September 2003, and from the whole exercise one thing is clear: The problem was—and still is—being swept under the carpet.
It’s not in mainstream stocks that you made money in the third quarter. Our best performing funds were bonds, gold and natural resources (overweight energy in our case). The article references 500 funds sampp Story: Strength in Familiar Sectors - It’s not in mainstream stocks that you made money in the third quarter. Our best performing funds were bonds, gold and natural resources (overweight energy in our case).
We’ve often said that we buy and sell funds in the Mutual Fund Portfolio with a long-term outlook, and this has been our strategy with Oakmark. The article references 500 funds sampp Story: Letting Go Of Oakmark - We’ve often said that we buy and sell funds in the Mutual Fund Portfolio with a long-term outlook, and this has been our strategy with Oakmark.
If there’s anything that will put a damper on the improving market and economy it’s another scam. The article references 500 funds sampp Story: Part I -- Funds: Fraud, Fixes and Favorites - If there’s anything that will put a damper on the improving market and economy it’s another scam.
Twenty-eight stocks and funds. And that doesn’t include the cash account recommendation for ING Direct. As you know all too well, a lot of things are happening to our portfolios, and not all for the better. To avoid any sense of uncertainty and to quell any anxieties you may have, here’s the round-up, one by one. The article references 500 funds sampp Story: One By One - Twenty-eight stocks and funds. And that doesn’t include the cash account recommendation for ING Direct. As you know all too well, a lot of things are happening to our portfolios, and not all for the better. To avoid any sense of uncertainty and to quell any anxieties you may have, here’s the round-up, one by one.
Get all the relevant details on 106 trusts and mutual funds, including critical information on levels of non-resident ownership of Canadian trusts.
The article references 500 funds sampp Story: How They Rate - Get all the relevant details on 106 trusts and mutual funds, including critical information on levels of non-resident ownership of Canadian trusts.
We’ve seen enough fleecing of our favored funds by a fickle market. Now it’s time to wade into the taxable and municipal bond markets.
The article references 500 funds sampp Story: Open Up - We’ve seen enough fleecing of our favored funds by a fickle market. Now it’s time to wade into the taxable and municipal bond markets.
May 20, 2004
The Man Around The Corner
You might not care much about what happens in India. Heck, most of that nation's stocks are pretty much off-limits to US investors. Not many funds traffic in the market, and bonds--well, there are not many of those out The article references 500 funds sampp Story: The Man Around the Corner -
May 20, 2004
The Man Around The Corner
You might not care much about what happens in India. Heck, most of that nation's stocks are pretty much off-limits to US investors. Not many funds traffic in the market, and bonds--well, there are not many of those out
Editor’s note: With several of our portfolio funds now closed, Ivan looks for worthy alternatives that will keep us ahead of the market in the coming quarters.—SL The article references 500 funds sampp Story: Good Times, Bad Times - Editor’s note: With several of our portfolio funds now closed, Ivan looks for worthy alternatives that will keep us ahead of the market in the coming quarters.—SL
We’ve received some angry e-mails for recently recommending Vanguard Precious Metals (VGPMX) after it had closed in February. Unfortunately, the major reporting services we use for research didn’t reflect that closure. The article references 500 funds sampp Story: When Funds Close - We’ve received some angry e-mails for recently recommending Vanguard Precious Metals (VGPMX) after it had closed in February. Unfortunately, the major reporting services we use for research didn’t reflect that closure.
They may not be the sexiest asset class but mutual funds can be very comforting when the markets turn bearish, provided of course you’re holding the right ones. Diversification and meat-and-potatoes growth are a duo that helped us trounce the S&P 500 for the year. The article references 500 funds sampp Story: Dry Out of the Water - They may not be the sexiest asset class but mutual funds can be very comforting when the markets turn bearish, provided of course you’re holding the right ones. Diversification and meat-and-potatoes growth are a duo that helped us trounce the S&P 500 for the year.
We’re out of the woods, if not out of Iraq yet. Economic numbers are strengthening and in the market, high-yield bond funds are the top performers. Both are paving the way for a resurgent stock market. The article references 500 funds sampp Story: weekly hotline - We’re out of the woods, if not out of Iraq yet. Economic numbers are strengthening and in the market, high-yield bond funds are the top performers. Both are paving the way for a resurgent stock market.
Editor’s Note: It’s easy to hide behind the averages when the market is rising. But when they start falling, select funds continue to perform. Here are our favorites.—SL The article references 500 funds sampp Story: Day In, Day Out - Editor’s Note: It’s easy to hide behind the averages when the market is rising. But when they start falling, select funds continue to perform. Here are our favorites.—SL
Getting paid has worked for years now. We’ve built up our collection of companies and funds that cut us regular checks and enable us to grow our portfolios by piling up the cash. The article references 500 funds sampp Story: Getting Paid Still Pays - Getting paid has worked for years now. We’ve built up our collection of companies and funds that cut us regular checks and enable us to grow our portfolios by piling up the cash.
Editor’s note: As the Income Portfolio’s rock-steady performance this year proves, high-quality, low-duration bond funds are the ultimate core holding for conservative investors. —SL The article references 500 funds sampp Story: Bonds for All Seasons - Editor’s note: As the Income Portfolio’s rock-steady performance this year proves, high-quality, low-duration bond funds are the ultimate core holding for conservative investors. —SL
More than three-quarters of open-end mutual fund managers underperform the S&P 500 on a five-year annualized basis. Expense ratios of 1-2 percent play a big role in that underperformance, but also to blame is the very nature of the S&P 500. The article references 500 funds sampp Story: Part II -- Funds Built to Trade - More than three-quarters of open-end mutual fund managers underperform the S&P 500 on a five-year annualized basis. Expense ratios of 1-2 percent play a big role in that underperformance, but also to blame is the very nature of the S&P 500.
Take a look at the table at the far right of the adjacent page. Yep, it’s a pretty long list. From stocks to funds and even a cash account, the list runs the gamut of companies and bonds, from the US and beyond. The article references 500 funds sampp Story: Putting In and Taking Out - Take a look at the table at the far right of the adjacent page. Yep, it’s a pretty long list. From stocks to funds and even a cash account, the list runs the gamut of companies and bonds, from the US and beyond.
Why pay fund managers hefty fees when you can lock in big, growing yields with a little help from Utility Forecaster? That’s the question I’ve posed to UF readers since the first issue in 1989. The article references 500 funds sampp Story: My Favorite Funds - Why pay fund managers hefty fees when you can lock in big, growing yields with a little help from Utility Forecaster? That’s the question I’ve posed to UF readers since the first issue in 1989.
The National Funds section of the Tax-Free Portfolio is off to a great start to 2008, even as the muni market--at least the market we’ve avoided--is being rattled. The article references 500 funds sampp Story: Market Update - The National Funds section of the Tax-Free Portfolio is off to a great start to 2008, even as the muni market--at least the market we’ve avoided--is being rattled.
Thanks to Washington’s push to cut dividend taxes to a maximum of 15 percent, common stock dividends enjoy a steep post-tax advantage over interest paid by bonds, CDs, money funds and other alternatives. The article references 500 funds sampp Story: Plain Vanilla Yields - Thanks to Washington’s push to cut dividend taxes to a maximum of 15 percent, common stock dividends enjoy a steep post-tax advantage over interest paid by bonds, CDs, money funds and other alternatives.
There are numerous great bonds and bond funds out there. But where do you start, and how do you build a collection that will kick the you-know-what out of the S&P 500?
By Neil George
With the broad stock markets in the US and around the world going through some gut-wrenching volatility, bond The article references 500 funds sampp Story: Stocks? Who Needs Them? - There are numerous great bonds and bond funds out there. But where do you start, and how do you build a collection that will kick the you-know-what out of the S&P 500?
By Neil George
With the broad stock markets in the US and around the world going through some gut-wrenching volatility, bond
While we’re firm believers that the Mutual Fund Portfolio has to be managed with a long-term view (some of our funds have been in the Portfolio for more than five years), individual investors regularly lose sight of the big picture. The article references 500 funds sampp Story: The Shakeout - While we’re firm believers that the Mutual Fund Portfolio has to be managed with a long-term view (some of our funds have been in the Portfolio for more than five years), individual investors regularly lose sight of the big picture.
Editor’s note: Bonds have been as good of an investment as stocks this year and with much less volatility. Below Ivan profiles two favorite closed-end bond funds.—SL The article references 500 funds sampp Story: Another Spin on the Bond Rally - Editor’s note: Bonds have been as good of an investment as stocks this year and with much less volatility. Below Ivan profiles two favorite closed-end bond funds.—SL
There are a lot of stocks, bonds and funds out there. And every day in the markets, investors large and small mix buy and sell orders to establish prices for each investment. And while most assume that at the end of the day the value of any stock is the price where it closed, the real value is a lot more complex. The article references 500 funds sampp Story: What's the Right Price - There are a lot of stocks, bonds and funds out there. And every day in the markets, investors large and small mix buy and sell orders to establish prices for each investment. And while most assume that at the end of the day the value of any stock is the price where it closed, the real value is a lot more complex.
The US Federal Reserve has moved in an unprecedented
fashion and without a complete and unanimous vote to cut the fed funds
rate by 75 basis points to 3.5 percent. The article references 500 funds sampp Story: Market Update - The US Federal Reserve has moved in an unprecedented
fashion and without a complete and unanimous vote to cut the fed funds
rate by 75 basis points to 3.5 percent.
The one thing Charles Dow knew was that investors want a yardstick on how they’re faring in the markets. With thousands of stocks, bonds and funds out there, it’s no wonder the market has devised countless indexes, all meant to provide some measure of how investments are doing. The article references 500 funds sampp Story: Beyond Charles Dow - The one thing Charles Dow knew was that investors want a yardstick on how they’re faring in the markets. With thousands of stocks, bonds and funds out there, it’s no wonder the market has devised countless indexes, all meant to provide some measure of how investments are doing.
Nuveen Investment, an asset management company specializing in closed-end funds, has agreed to a buyout offer worth $6.3 billion from an investment group led by Madison Dearborn Partners. The article references 500 funds sampp Story: Capsule Advisory - Nuveen Investment, an asset management company specializing in closed-end funds, has agreed to a buyout offer worth $6.3 billion from an investment group led by Madison Dearborn Partners.
Editor’s note: With the turbulence in the market expected to continue for the rest of the summer, focus on some sound long-term trends with plenty of visibility. Below Ivan reviews our favorite health care funds.—SL The article references 500 funds sampp Story: Longevity Pays - Editor’s note: With the turbulence in the market expected to continue for the rest of the summer, focus on some sound long-term trends with plenty of visibility. Below Ivan reviews our favorite health care funds.—SL
What’s the only investment guaranteed to keep you underwater this year? Ironically, it’s cash and money market funds. The article references 500 funds sampp Story: Cash That's Not Trash - What’s the only investment guaranteed to keep you underwater this year? Ironically, it’s cash and money market funds.
Walter Frank’s Moneyletter has provided investors advice on buying mutual funds and market forecasting since 1980. The article references 500 funds sampp Story: Roundup: Walter Frank - Walter Frank’s Moneyletter has provided investors advice on buying mutual funds and market forecasting since 1980.
Editor’s Note: With the malaise in the equity market, gold stocks and gold funds have stood out as some of the best performers. Below Ivan looks at why this isn’t over yet.—SL The article references 500 funds sampp Story: The Best This Year - Editor’s Note: With the malaise in the equity market, gold stocks and gold funds have stood out as some of the best performers. Below Ivan looks at why this isn’t over yet.—SL
Nothing beats cash coming in month after month. Whether you’re building your portfolio or living off it, the surest way to tap into this constant cash flow is to buy our bunch of closed-end bond funds. The article references 500 funds sampp Story: The Closers - Nothing beats cash coming in month after month. Whether you’re building your portfolio or living off it, the surest way to tap into this constant cash flow is to buy our bunch of closed-end bond funds.
We're bullish; it's that simple. The economy isn't as weak as the doomsayers say--the bears get most bearish near the bottom--and the monetary and fiscal stimuli abound. But a rebound like the indiscriminate 1999 tech rally will not be in cards for years to come. The article references 500 funds sampp Story: Rebound-Bound Funds - We're bullish; it's that simple. The economy isn't as weak as the doomsayers say--the bears get most bearish near the bottom--and the monetary and fiscal stimuli abound. But a rebound like the indiscriminate 1999 tech rally will not be in cards for years to come.
Bond market gains have stalled since last summer. But the Income Portfolio’s three individual preferred stocks and two closed-end funds are still tearing up the track. The article references 500 funds sampp Story: Preferred Stocks: Watch the Price - Bond market gains have stalled since last summer. But the Income Portfolio’s three individual preferred stocks and two closed-end funds are still tearing up the track.
Although the mutual fund game is mainly all about marketing, some are worth a second look. We details a few trust mutual funds that provide fairly diversified portfolios in many of Canada's hottest sectors. The article references 500 funds sampp Story: A Matter Of Trust - Although the mutual fund game is mainly all about marketing, some are worth a second look. We details a few trust mutual funds that provide fairly diversified portfolios in many of Canada's hottest sectors.
Editor’s Note: Health care stocks rarely underperform in tough economic times due to their defensive nature. This time you have the opportunity to buy them on the cheap before the inevitable rally resumes course. Below are our favorite funds in the sector.—SL The article references 500 funds sampp Story: Buying on Weakness - Editor’s Note: Health care stocks rarely underperform in tough economic times due to their defensive nature. This time you have the opportunity to buy them on the cheap before the inevitable rally resumes course. Below are our favorite funds in the sector.—SL
“It should come as no surprise to investors that highly rated income funds have been involved in many initial strategic initiatives during the first four months of 2007. Good businesses with capable management are desirable investments regardless of the entity structure.” The article references 500 funds sampp Story: Tempting Trust Takeovers - “It should come as no surprise to investors that highly rated income funds have been involved in many initial strategic initiatives during the first four months of 2007. Good businesses with capable management are desirable investments regardless of the entity structure.”
Before we get into this issue, I’d like to extend an invitation to join me and Personal Finance Associate Editors Roger Conrad and Elliott Gue for the 17th Annual Atlanta Investment Conference, April 19-21, at Chota Falls outside Atlanta. Register before mid-February (and tell them I sent you) and y The article references 500 funds sampp Story: What Are Funds For? - Before we get into this issue, I’d like to extend an invitation to join me and Personal Finance Associate Editors Roger Conrad and Elliott Gue for the 17th Annual Atlanta Investment Conference, April 19-21, at Chota Falls outside Atlanta. Register before mid-February (and tell them I sent you) and y
This has been anything but a relaxing summer when it comes to the markets. The US stock market has trended sideways during the past few months; the Federal Reserve has jacked up the fed funds target rate 350 percent since June 2004; and energy prices are soaring like dotcom stocks from the late 1990s. The article references 500 funds sampp Story: Why Worry? - This has been anything but a relaxing summer when it comes to the markets. The US stock market has trended sideways during the past few months; the Federal Reserve has jacked up the fed funds target rate 350 percent since June 2004; and energy prices are soaring like dotcom stocks from the late 1990s.
Editor’s note: With the turbulence in the market over the past year, investors have been shunning growth investments. We don’t blame them, but many growth funds are an opportunity right now. Below Ivan looks at some good relative performers.—SL The article references 500 funds sampp Story: The Right Side of the Market - Editor’s note: With the turbulence in the market over the past year, investors have been shunning growth investments. We don’t blame them, but many growth funds are an opportunity right now. Below Ivan looks at some good relative performers.—SL
Last year was good for our core bond funds, begging the question, "Are there more profits left for 2007?" The answer: Yes.
By Neil George
No one would have thought that 2006 would have become one of the great years for the bond market. With inflation seeping through the floorboards and the The article references 500 funds sampp Story: What Worked Works - Last year was good for our core bond funds, begging the question, "Are there more profits left for 2007?" The answer: Yes.
By Neil George
No one would have thought that 2006 would have become one of the great years for the bond market. With inflation seeping through the floorboards and the
In the newsletter business, few cover mutual funds more comprehensively than The No-Load Fund Investor. With its numerous tables and statistics, it’s an important resource, especially for those investors doing their own research. Here’s how they see 2005 shaping up: The article references 500 funds sampp Story: ROUNDUP: The No-load investor - In the newsletter business, few cover mutual funds more comprehensively than The No-Load Fund Investor. With its numerous tables and statistics, it’s an important resource, especially for those investors doing their own research. Here’s how they see 2005 shaping up:
I recently spoke with Louis Rukeyser's Mutual Funds (LRMF)
newsletter editor Benjamin Shepherd regarding the present state of investing in
Asia and the future prospects of the region as
an investment destination going forward. The full interview follows: The article references 500 funds sampp Story: Will Asian Economies Survive the Chaos? - I recently spoke with Louis Rukeyser's Mutual Funds (LRMF)
newsletter editor Benjamin Shepherd regarding the present state of investing in
Asia and the future prospects of the region as
an investment destination going forward. The full interview follows:
Saying that we have some tough times in the markets is trite beyond words. We always have tough times, and we always have tough decisions when it comes to our stocks, bonds and funds. The article references 500 funds sampp Story: Up Or Down? - Saying that we have some tough times in the markets is trite beyond words. We always have tough times, and we always have tough decisions when it comes to our stocks, bonds and funds.
Concern ran rampant Wednesday as US stocks closed in the red
after Bear Sterns reported that two of its hedge funds may now be almost
worthless. Subprime mortgage woes also re-emerged, putting the breaks on recent
trading highs. The article references 500 funds sampp Story: Market Update - Concern ran rampant Wednesday as US stocks closed in the red
after Bear Sterns reported that two of its hedge funds may now be almost
worthless. Subprime mortgage woes also re-emerged, putting the breaks on recent
trading highs.
The Federal Reserve Open Market Committee slashed the fed
funds target rate by 75 basis points Tuesday morning. The markets are rallying,
both stocks and bonds, after the announcement. And although the move is largely
symbolic, there is some positive news and some direction for us to take. The article references 500 funds sampp Story: Market Update - The Federal Reserve Open Market Committee slashed the fed
funds target rate by 75 basis points Tuesday morning. The markets are rallying,
both stocks and bonds, after the announcement. And although the move is largely
symbolic, there is some positive news and some direction for us to take.
Editor’s note: After a great year, our investment-grade bond funds have pulled back in the last two months. Ivan looks at what’s ahead for the bond market and how our mutual fund portfolio is leveraged to those trends. —SL The article references 500 funds sampp Story: More to Come - Editor’s note: After a great year, our investment-grade bond funds have pulled back in the last two months. Ivan looks at what’s ahead for the bond market and how our mutual fund portfolio is leveraged to those trends. —SL
High fees and expenses, hidden sales loads, misleading returns and dismal performance are good reasons to avoid most open-end mutual funds. That goes double in the bond sector, where fees eat into your income stream. The article references 500 funds sampp Story: Keep It Open - High fees and expenses, hidden sales loads, misleading returns and dismal performance are good reasons to avoid most open-end mutual funds. That goes double in the bond sector, where fees eat into your income stream.
How happy are the investors who were prudent enough to diversify some of their funds to safe investments? Most likely, they’re thrilled. Compare, for example, a return of 7 percent year-to-date with the S&P 500’s loss of 18 percent. There are a multitude of compelling reasons why one should continue to hold these kinds of investments. The article references 500 funds sampp Story: Article Update - How happy are the investors who were prudent enough to diversify some of their funds to safe investments? Most likely, they’re thrilled. Compare, for example, a return of 7 percent year-to-date with the S&P 500’s loss of 18 percent. There are a multitude of compelling reasons why one should continue to hold these kinds of investments.
For much of my career I sat at a trading desk; moving bonds and
currency around the world was my stock-in-trade. And in the process I
enriched investors--governments, pension funds, corporations, trusts,
plenty of wealthy individuals--by the billions. It was a good gig. But it’s a life rife with the constant stress. The article references 500 funds sampp Story: The Yield Letter - For much of my career I sat at a trading desk; moving bonds and
currency around the world was my stock-in-trade. And in the process I
enriched investors--governments, pension funds, corporations, trusts,
plenty of wealthy individuals--by the billions. It was a good gig. But it’s a life rife with the constant stress.
Deal-making in the first half of 2007 was fueled by aggressive lending terms
offered by banks, commercial lenders, pension funds and others competing for
pieces of the action. Safeguards that lenders usually rely upon were relaxed in
the drive to generate fee income. The article references 500 funds sampp Story: The Art of 2008 Deals - Deal-making in the first half of 2007 was fueled by aggressive lending terms
offered by banks, commercial lenders, pension funds and others competing for
pieces of the action. Safeguards that lenders usually rely upon were relaxed in
the drive to generate fee income.
We’re all do-it-ourselves investors. We do our own research. And by the very nature of subscribing, you obviously take your own portfolio very seriously, just as we do. This means you don’t just turn over hard-earned cash to an advisor or manager. And you don’t use any old brokerage firm, bank or trust company, either, to take care of your trades and hold your stocks, bonds and funds. The article references 500 funds sampp Story: Getting On With It - We’re all do-it-ourselves investors. We do our own research. And by the very nature of subscribing, you obviously take your own portfolio very seriously, just as we do. This means you don’t just turn over hard-earned cash to an advisor or manager. And you don’t use any old brokerage firm, bank or trust company, either, to take care of your trades and hold your stocks, bonds and funds.
March 22, 2005
Carry a Tune
Well, Big Al and his band kept their tune going a bit longer this afternoon as the Federal Reserve's Open Market Committee (FOMC) released its target rate for fed funds, as well as its official discount rates. All The article references 500 funds sampp Story: Carry a Tune -
March 22, 2005
Carry a Tune
Well, Big Al and his band kept their tune going a bit longer this afternoon as the Federal Reserve's Open Market Committee (FOMC) released its target rate for fed funds, as well as its official discount rates. All
High, safe dividends are increasingly scarce in this yield-crazed market. Still ignored by most investors, the preferred stock sector is rife with bargains. And closed-end funds specializing in preferreds are an easy way to buy into their yield-producing power. The article references 500 funds sampp Story: Preferred Yields the Fund Way - High, safe dividends are increasingly scarce in this yield-crazed market. Still ignored by most investors, the preferred stock sector is rife with bargains. And closed-end funds specializing in preferreds are an easy way to buy into their yield-producing power.
It seems right now that companies or investment funds paying decent dividends are the equivalent of stuff folks scraped off the bottom of their shoes. What happened? Companies operating in some of the most boring businesses have been trashed in the stock market as if they're subprime mortgage specialists invested solely in downtown Detroit. The article references 500 funds sampp Story: Don't Get Squeezed - It seems right now that companies or investment funds paying decent dividends are the equivalent of stuff folks scraped off the bottom of their shoes. What happened? Companies operating in some of the most boring businesses have been trashed in the stock market as if they're subprime mortgage specialists invested solely in downtown Detroit.
Not long ago, Wall Street was urging income investors to dump “boring” old dividend stocks to chase growth stocks and mutual funds. Sellers were assured they could get cash simply by selling a piece of their ever-appreciating portfolios. The article references 500 funds sampp Story: Full Ahead For Income - Not long ago, Wall Street was urging income investors to dump “boring” old dividend stocks to chase growth stocks and mutual funds. Sellers were assured they could get cash simply by selling a piece of their ever-appreciating portfolios.
High-dividend companies were off to the races in 2003, as investors dodged puny yields on traditional havens like money market funds. As the first article points out, chasing high payouts carries definite risks in 2004, and the same goes for equities. The article references 500 funds sampp Story: Tap Into Dividend Power - High-dividend companies were off to the races in 2003, as investors dodged puny yields on traditional havens like money market funds. As the first article points out, chasing high payouts carries definite risks in 2004, and the same goes for equities.
It’s the latest thing that has a lot of advertising cash behind it, and it’s luring more and more folks into the quagmire of yet another Wall Street means of picking off the little guys.
The new idea? Exchange traded funds (ETFs).
Think about it: When was the last time Wall Street came at us The article references 500 funds sampp Story: Wrong Idea - It’s the latest thing that has a lot of advertising cash behind it, and it’s luring more and more folks into the quagmire of yet another Wall Street means of picking off the little guys.
The new idea? Exchange traded funds (ETFs).
Think about it: When was the last time Wall Street came at us
--The Personal Finance Mutual Fund Close-Up column and portfolio will now be tracked online at www.pfnewsletter.com. PF associate editor Ivan Martchev will be tracking the current holdings and updating the column as the need arises. In addition, many of the best funds will be added and maintained in the Growth and Income Portfolios. The article references 500 funds sampp Story: Capsule Advisory - --The Personal Finance Mutual Fund Close-Up column and portfolio will now be tracked online at www.pfnewsletter.com. PF associate editor Ivan Martchev will be tracking the current holdings and updating the column as the need arises. In addition, many of the best funds will be added and maintained in the Growth and Income Portfolios.
There are some tall tales going around about fees supposedly charged investors by our favorite closed-end and open-end mutual funds. The good news is it’s easy to set the record straight. The article references 500 funds sampp Story: The Straight Record - There are some tall tales going around about fees supposedly charged investors by our favorite closed-end and open-end mutual funds. The good news is it’s easy to set the record straight.
The spike in interest rates during the past couple months is already one of the more dramatic in recent market history. Worse, if the bond market follows precedent, most of the damage won’t be felt until after the Federal Reserve announces its first boost in the federal funds rate—which will be June at the earliest. The article references 500 funds sampp Story: Bonds Break Down - The spike in interest rates during the past couple months is already one of the more dramatic in recent market history. Worse, if the bond market follows precedent, most of the damage won’t be felt until after the Federal Reserve announces its first boost in the federal funds rate—which will be June at the earliest.
With all the unfolding shenanigans--from stock analysts
pimping companies they know aren’t worth the ink and paper used to report trades
on your brokerage statements to hedge funds and prime brokers getting to play
by different sets of rules--the market continues to get more and more dicey for
the average stock investor. The article references 500 funds sampp Story: Whose Market Is It? - With all the unfolding shenanigans--from stock analysts
pimping companies they know aren’t worth the ink and paper used to report trades
on your brokerage statements to hedge funds and prime brokers getting to play
by different sets of rules--the market continues to get more and more dicey for
the average stock investor.
It’s been tough to make money investing in the general stock market. With the broad market indexes on their way south, most investors keep seeing red on their quarterly statements while wondering if there’s another place to stow cash that won’t erase net worth, and perhaps even build some. The article references 500 funds sampp Story: Be Open to Closed-End Funds - It’s been tough to make money investing in the general stock market. With the broad market indexes on their way south, most investors keep seeing red on their quarterly statements while wondering if there’s another place to stow cash that won’t erase net worth, and perhaps even build some.
When it comes to asset protection trusts, most people think of offshore jurisdictions like the Cook Islands or the Bahamas, and most are worried about losing access to their funds, since it’s common knowledge that asset protection trusts have to be irrevocable. The article references 500 funds sampp Story: Creditor Protection - When it comes to asset protection trusts, most people think of offshore jurisdictions like the Cook Islands or the Bahamas, and most are worried about losing access to their funds, since it’s common knowledge that asset protection trusts have to be irrevocable.
I don’t take my job of picking stocks, bonds and funds
lightly. But to hear some of my subscribers tell it, you’d think sometimes I’d grabbed
some darts and tossed them at the stock tables in the papers. The article references 500 funds sampp Story: How to Pick Stocks: Stock, Bond, & Fund Analysis - I don’t take my job of picking stocks, bonds and funds
lightly. But to hear some of my subscribers tell it, you’d think sometimes I’d grabbed
some darts and tossed them at the stock tables in the papers.
There’s the perception of reality and there’s reality. When we’re picking stocks, bonds or funds, we cash in on both. The article references 500 funds sampp Story: Marketwatch - There’s the perception of reality and there’s reality. When we’re picking stocks, bonds or funds, we cash in on both.
The Middle Kingdom, its leaders focused on maintaining social order through managed economic growth, is deploying its vast excess currency reserves through SOEs such as PetroChina and sovereign wealth funds (SWF) such as China Investment Corp (CIC) to buy overseas commodity assets. The article references 500 funds sampp Story: Spreading the Sovereign Wealth - The Middle Kingdom, its leaders focused on maintaining social order through managed economic growth, is deploying its vast excess currency reserves through SOEs such as PetroChina and sovereign wealth funds (SWF) such as China Investment Corp (CIC) to buy overseas commodity assets.
Goldman Sachs tells us commodity funds have $100 billion to
invest in the commodity markets during 2007. China has $1 trillion in
cash reserves (mostly in US dollars) and has expressed an interest in
diversifying its investment mix in 2007. Is it possible a portion of
this cash hoard will end up in gold? The article references 500 funds sampp Story: Putting It Into Perspective - Goldman Sachs tells us commodity funds have $100 billion to
invest in the commodity markets during 2007. China has $1 trillion in
cash reserves (mostly in US dollars) and has expressed an interest in
diversifying its investment mix in 2007. Is it possible a portion of
this cash hoard will end up in gold?
Shifting income to lower-bracket children is a prime tax planning strategy. But the new tax law makes such strategies even more appealing. Now you should consider giving away dividend-paying stocks and mutual funds. Also, if you’re planning to take capital gains, first give the appreciated assets to your children. The article references 500 funds sampp Story: Family-Smart Tax Planning - Shifting income to lower-bracket children is a prime tax planning strategy. But the new tax law makes such strategies even more appealing. Now you should consider giving away dividend-paying stocks and mutual funds. Also, if you’re planning to take capital gains, first give the appreciated assets to your children.
A consensus is forming around the conclusion that the current round of fed funds rate hikes is nearly over. During the past two years, the Federal Reserve has raised short-term interest rates 16 times to keep the economy from overheating and inflation at bay. The rate hikes have pushed down the value of existing bonds. The article references 500 funds sampp Story: Munis Are Back April 12, 2006 - A consensus is forming around the conclusion that the current round of fed funds rate hikes is nearly over. During the past two years, the Federal Reserve has raised short-term interest rates 16 times to keep the economy from overheating and inflation at bay. The rate hikes have pushed down the value of existing bonds.
The main drivers of the most recent gains have been the increase in liquidity and the fact that many money managers are trying to boost their quarterly performance numbers. A lot of money is being poured into the emerging space--emerging market funds have received USD20 billion in the past two months--with Asia a prime destination. The article references 500 funds sampp Story: Cautious Euphoria - The main drivers of the most recent gains have been the increase in liquidity and the fact that many money managers are trying to boost their quarterly performance numbers. A lot of money is being poured into the emerging space--emerging market funds have received USD20 billion in the past two months--with Asia a prime destination.
Recently the disparity between the industrials and gold shares was well over 50 percentage points. The only time in recent history when there were comparable numbers was in 1993, but then the gains were artificial because they were based on investors playing follow-the-leader with a couple of major hedge funds. Today the move is based on expectations of a fundamental change in inflation. The article references 500 funds sampp Story: Capsule Advisory - Recently the disparity between the industrials and gold shares was well over 50 percentage points. The only time in recent history when there were comparable numbers was in 1993, but then the gains were artificial because they were based on investors playing follow-the-leader with a couple of major hedge funds. Today the move is based on expectations of a fundamental change in inflation.
By Neil George
The Federal Reserve raised its Open Market Committee’s fed funds target rate another 25 basis points, bringing the current rate to 5.25 percent. Its last low in June 2004 was 1 percent. That means we’ve been whacked by some 400 basis points.
Right now, we're still hearing The article references 500 funds sampp Story: Thank You, Sir, May I Have Another? - By Neil George
The Federal Reserve raised its Open Market Committee’s fed funds target rate another 25 basis points, bringing the current rate to 5.25 percent. Its last low in June 2004 was 1 percent. That means we’ve been whacked by some 400 basis points.
Right now, we're still hearing
We’re big advocates of the idea that mutual fund investors are captives of the market, because they’re long all the time. For that reason, real diversification among different kinds of funds—which can help you in all market conditions—is vital. The article references 500 funds sampp Story: The Longest Time -- Sept. 11, 2002 - We’re big advocates of the idea that mutual fund investors are captives of the market, because they’re long all the time. For that reason, real diversification among different kinds of funds—which can help you in all market conditions—is vital.
The Income Portfolio returned a total of 2.3 percent in 2005, using our ultra-conservative model allocation of 25 percent stocks and preferreds/40 percent bond funds/35 percent cash. Excluding cash, it generated a straight average of 2.7 percent for the year. The article references 500 funds sampp Story: Reliable Income - The Income Portfolio returned a total of 2.3 percent in 2005, using our ultra-conservative model allocation of 25 percent stocks and preferreds/40 percent bond funds/35 percent cash. Excluding cash, it generated a straight average of 2.7 percent for the year.
As I’ve said in past few
weeks, the financial sector remains interesting for investors with a fairly
high risk tolerance, and it’s time to wait for the sector to turn around.
Ironically, there are two mutual funds out there that focus on the financial
sector and are outperforming the S&P 500 in a pretty impressive way. The article references 500 funds sampp Story: Financial Gearing - As I’ve said in past few
weeks, the financial sector remains interesting for investors with a fairly
high risk tolerance, and it’s time to wait for the sector to turn around.
Ironically, there are two mutual funds out there that focus on the financial
sector and are outperforming the S&P 500 in a pretty impressive way.
Our closed-end bond funds—Flaherty & Crumrine Preferred Income Fund and ING Prime Rate Trust—have slipped from premiums to discounts to net asset value for no fundamental reasons. The article references 500 funds sampp Story: Breaking News - Our closed-end bond funds—Flaherty & Crumrine Preferred Income Fund and ING Prime Rate Trust—have slipped from premiums to discounts to net asset value for no fundamental reasons.
Last week, the
Federal Reserve released the minutes from its March 18 Federal Open Market Committee
(FOMC) meeting. At that meeting, the Fed cut the fed funds rate by 75 basis
points to the current level of 2.25 percent. This raises the
following question: If inflation is such a real concern, why would you lowerrates? The article references 500 funds sampp Story: Rising Inflation Pushes Commodities Higher - Last week, the
Federal Reserve released the minutes from its March 18 Federal Open Market Committee
(FOMC) meeting. At that meeting, the Fed cut the fed funds rate by 75 basis
points to the current level of 2.25 percent. This raises the
following question: If inflation is such a real concern, why would you lowerrates?
The first quarter was a good one for our diversified mix of high-yielding investments. The unweighted average for the Portfolio (excluding cash) was a positive 4.6 percent, while the ultra-safe model allocation of 25 percent stocks and preferreds/40 percent bonds/35 percent money market funds was up 1.9 percent. The article references 500 funds sampp Story: A Good Quarter - The first quarter was a good one for our diversified mix of high-yielding investments. The unweighted average for the Portfolio (excluding cash) was a positive 4.6 percent, while the ultra-safe model allocation of 25 percent stocks and preferreds/40 percent bonds/35 percent money market funds was up 1.9 percent.
Closed-end bond funds are the foundation of the Growth Portfolio. Our original closed-end bond fund components have generated a 22 percent return while the US benchmark long-term bond market index generated less than 4.5 percent. The article references 500 funds sampp Story: Cash On The Barrelhead- January 12, 2005 - Closed-end bond funds are the foundation of the Growth Portfolio. Our original closed-end bond fund components have generated a 22 percent return while the US benchmark long-term bond market index generated less than 4.5 percent.
Mutual funds are not for trading. They’re for building long-term wealth with low volatility. For example, the Personal Finance mutual fund portfolio was down 6 percent in 2002 with the S&P 500 down 22 percent, while this year we’re matching the market’s stellar performance. The article references 500 funds sampp Story: Mutual Fund Update - Mutual funds are not for trading. They’re for building long-term wealth with low volatility. For example, the Personal Finance mutual fund portfolio was down 6 percent in 2002 with the S&P 500 down 22 percent, while this year we’re matching the market’s stellar performance.
Futures market speculators are a favorite scapegoat for politicians looking to assign blame for rising oil and energy prices. But data released on Friday by the Commodities Futures Trading Commission (CFTC) backs up what I’ve been saying for a long time: Futures market speculation is not the main driver of oil prices over the longer term. The article references 500 funds sampp Story: Index Funds Don't Drive Oil - Futures market speculators are a favorite scapegoat for politicians looking to assign blame for rising oil and energy prices. But data released on Friday by the Commodities Futures Trading Commission (CFTC) backs up what I’ve been saying for a long time: Futures market speculation is not the main driver of oil prices over the longer term.
Late 2000 was the high water mark of a 20-year uptrend for the utility stock mutual fund business. As both conventional utilities and newcomers like Calpine, Dynegy, El Paso and Enron soared to new heights, investor dollars poured into a flurry of new fund offerings by major brokerages, fund families like Fidelity and Vanguard and scores of smaller investment houses. The article references 500 funds sampp Story: A Better Breed Of Funds - Late 2000 was the high water mark of a 20-year uptrend for the utility stock mutual fund business. As both conventional utilities and newcomers like Calpine, Dynegy, El Paso and Enron soared to new heights, investor dollars poured into a flurry of new fund offerings by major brokerages, fund families like Fidelity and Vanguard and scores of smaller investment houses.
2006 marked another strong year for the PF Income Portfolio. The unweighted average for our diversified basket of high-quality US utilities, preferred stocks, real estate investment trusts (REITs), energy stocks, limited partnerships, bond funds, regional banks and phone companies picked up another 3.6 percent in the fourth quarter, for a total gain of 15 percent for the year. The article references 500 funds sampp Story: Keeping It Steady - 2006 marked another strong year for the PF Income Portfolio. The unweighted average for our diversified basket of high-quality US utilities, preferred stocks, real estate investment trusts (REITs), energy stocks, limited partnerships, bond funds, regional banks and phone companies picked up another 3.6 percent in the fourth quarter, for a total gain of 15 percent for the year.
We had a solid third quarter. Based on a pure average gain, our mix of stocks, preferred shares, bond funds and cash turned in an unweighted 1.7 percent total return. Based on our model allocation for conservative investors—40 percent bonds/25 percent common stocks and preferreds/35 percent cash—we returned a weighted 0.9 percent. The article references 500 funds sampp Story: Solid Returns - We had a solid third quarter. Based on a pure average gain, our mix of stocks, preferred shares, bond funds and cash turned in an unweighted 1.7 percent total return. Based on our model allocation for conservative investors—40 percent bonds/25 percent common stocks and preferreds/35 percent cash—we returned a weighted 0.9 percent.
Vital resource stocks have
been pounded during the financial crisis. Some of the losses have come from the
liquidation of positions investors piled into—including hedge funds—on the way
up. Some have been a result of the current surge of the US dollar, which--in
turn--has been due in part to the so-called flight to quality and unwinding of
the “carry trade” by large institutions. And some of the losses have been due
simply to worries that the liquidity crisis would trigger a steep global
recession. The article references 500 funds sampp Story: Commodities and Agriculture: Buy While They're Cheap - Vital resource stocks have
been pounded during the financial crisis. Some of the losses have come from the
liquidation of positions investors piled into—including hedge funds—on the way
up. Some have been a result of the current surge of the US dollar, which--in
turn--has been due in part to the so-called flight to quality and unwinding of
the “carry trade” by large institutions. And some of the losses have been due
simply to worries that the liquidity crisis would trigger a steep global
recession.
• Want more information on our individual stocks, bonds and funds, including those in Canada or Korea? Google is making it easier for you to track down the financial information you need. Like nearly everything else it’s done, Google Has rolled out the best free online Web site for financial and market information. Forget Yahoo! and MSN. They can’t touch http://finance.google.com. You’ll find direct information on companies—including our Canadian trusts and other foreign companies. You have to see it to believe it—all without annoying ads or pop-ups. The article references 500 funds sampp Story: Advisory - • Want more information on our individual stocks, bonds and funds, including those in Canada or Korea? Google is making it easier for you to track down the financial information you need. Like nearly everything else it’s done, Google Has rolled out the best free online Web site for financial and market information. Forget Yahoo! and MSN. They can’t touch http://finance.google.com. You’ll find direct information on companies—including our Canadian trusts and other foreign companies. You have to see it to believe it—all without annoying ads or pop-ups.
A virtuous circle where rising stock prices push economic growth, leading to rising stock prices: Suddenly that scenario doesn’t seem so far fetched. The Bush Administration is certainly on board for firing up growth, and even the Federal Reserve has stated its intention to further prime the pump--despite the fact that the fed funds rate is already down to just 1.25 percent. With the threat of war looming in the Middle East and terrorism always a danger, there are no guarantees. But things certainly look good for growth and stocks, at least for the next few months. The article references 500 funds sampp Story: weekly hotline - A virtuous circle where rising stock prices push economic growth, leading to rising stock prices: Suddenly that scenario doesn’t seem so far fetched. The Bush Administration is certainly on board for firing up growth, and even the Federal Reserve has stated its intention to further prime the pump--despite the fact that the fed funds rate is already down to just 1.25 percent. With the threat of war looming in the Middle East and terrorism always a danger, there are no guarantees. But things certainly look good for growth and stocks, at least for the next few months.
Most financial markets were
closed today. However, despite the break in trading, we have plenty of news to
report. US
stocks seesawed from red to green throughout the week, but ultimately posted
their largest gains in seven weeks on the strength of a reduction to Fannie
Mae and Freddie Mac’s excess capital
requirements and the Federal Reserve’s decision to slash the federal funds rate
from 3.00 percent to 2.25 percent. The Dow Jones Industrial Average advanced
3.4 percent, the S&P 500 rose 3.2 percent and the Nasdaq Composite gained
2.1 percent. The article references 500 funds sampp Story: Friday Market Wrapup - 03.21.08 - Most financial markets were
closed today. However, despite the break in trading, we have plenty of news to
report. US
stocks seesawed from red to green throughout the week, but ultimately posted
their largest gains in seven weeks on the strength of a reduction to Fannie
Mae and Freddie Mac’s excess capital
requirements and the Federal Reserve’s decision to slash the federal funds rate
from 3.00 percent to 2.25 percent. The Dow Jones Industrial Average advanced
3.4 percent, the S&P 500 rose 3.2 percent and the Nasdaq Composite gained
2.1 percent.
So-called “socially responsible” investing has a mixed track record. On one hand, investors in the handful of mutual funds and managed accounts that exclude polluters, vice industries, practitioners of employee-unfriendly or discriminatory policies and so on have avoided some of this bear market’s biggest pitfalls regarding corporate conduct. On the other, one person’s social good can be another’s unforgivable sin, and being clean doesn’t always equate to solid returns. Here are the views of The Clean Yield. The article references 500 funds sampp Story: Roundup: The Clean Yield - So-called “socially responsible” investing has a mixed track record. On one hand, investors in the handful of mutual funds and managed accounts that exclude polluters, vice industries, practitioners of employee-unfriendly or discriminatory policies and so on have avoided some of this bear market’s biggest pitfalls regarding corporate conduct. On the other, one person’s social good can be another’s unforgivable sin, and being clean doesn’t always equate to solid returns. Here are the views of The Clean Yield.
Good companies eventually make for good markets. As we've continued to wade through the increasingly thick muck of the markets, it really all comes down to owning good companies that are in good businesses. That means eventually better valuations for our portfolios.Those are tough words to read as we all have watched some or many of our stocks and funds go through some big gyrations--and not to the upside. But overall, while the market might not be able to create good times for some of our stock prices, our companies have continued to tell the tale of better times--even if the market isn't paying attention. The article references 500 funds sampp Story: May 4, 2004 - Good companies eventually make for good markets. As we've continued to wade through the increasingly thick muck of the markets, it really all comes down to owning good companies that are in good businesses. That means eventually better valuations for our portfolios.Those are tough words to read as we all have watched some or many of our stocks and funds go through some big gyrations--and not to the upside. But overall, while the market might not be able to create good times for some of our stock prices, our companies have continued to tell the tale of better times--even if the market isn't paying attention.
Oil prices up or down? Ditto interest rates? What about the dollar --up or down against what? These are the crucial questions of the week that will impact the bulk of our holdings for the days, weeks and months to come.
We could get wrapped up over each of these as well as other potential issues that constantly represent the risks and rewards for investors. But the key: Don’t focus on the worst or the best, but on the most realistic potential outcome. If we cave and look for the worst, we might as well hole up with cash or gold coinage. The results: None of us will make any sort of return and all the opportunities will pass us by—that’s as bad as a loss. It’s a lost opportunity. And if we put on our rose-colored glasses and hope all works out for our stocks—then prayer will be the necessity.
You have to be realistic. This week, while the headlines scream that oil prices may plummet, interest rates are headed to the moon and the dollar's doomed, take a step back. Put the paper down, turn off the boob tube and take a realistic position.
Oil is more likely headed lower. New and extended supplies and reserves will be coming on line in the months to come. This is our stance and it’s the same as the well-known experts (e.g., the head of the International Energy Agency and the heads of one of the world’s biggest oil companies). We're prepared-- our oil companies based in Canada are set to deal with lower prices.
Interest rates--we already know that shorter-term rates have edged up. However, the intermediate- and longer-term rates for our core bond investments continue lowering. This doesn't mean the stock market guys will value our funds each and every day. Yet, as we've learned through many years of experience, the stock market never gets rates, bond prices and bond funds correct. Stay calm. Look for our new additions (to replace the regrettable sale of the Morgan Stanley closed-end fund) in the upcoming issue of Personal Finance.
And the dollar isn't doomed--in fact, it’s actually been a big global beneficiary of trade and investment. It wasn't but a handful of days since another near-term record foreign demand for US stocks and bonds. Korea may make for a little sensational press, but remember--that nation is small and more dependent on us than vice versa.
For more current updates on stocks, the markets, economy and all that affects your investments, sign up for my free daily journal By George at www.bygeorge.biz. The article references 500 funds sampp Story: February 23, 2005 - Risks & Rewards
Oil prices up or down? Ditto interest rates? What about the dollar --up or down against what? These are the crucial questions of the week that will impact the bulk of our holdings for the days, weeks and months to come.
We could get wrapped up over each of these as well as other potential issues that constantly represent the risks and rewards for investors. But the key: Don’t focus on the worst or the best, but on the most realistic potential outcome. If we cave and look for the worst, we might as well hole up with cash or gold coinage. The results: None of us will make any sort of return and all the opportunities will pass us by—that’s as bad as a loss. It’s a lost opportunity. And if we put on our rose-colored glasses and hope all works out for our stocks—then prayer will be the necessity.
You have to be realistic. This week, while the headlines scream that oil prices may plummet, interest rates are headed to the moon and the dollar's doomed, take a step back. Put the paper down, turn off the boob tube and take a realistic position.
Oil is more likely headed lower. New and extended supplies and reserves will be coming on line in the months to come. This is our stance and it’s the same as the well-known experts (e.g., the head of the International Energy Agency and the heads of one of the world’s biggest oil companies). We're prepared-- our oil companies based in Canada are set to deal with lower prices.
Interest rates--we already know that shorter-term rates have edged up. However, the intermediate- and longer-term rates for our core bond investments continue lowering. This doesn't mean the stock market guys will value our funds each and every day. Yet, as we've learned through many years of experience, the stock market never gets rates, bond prices and bond funds correct. Stay calm. Look for our new additions (to replace the regrettable sale of the Morgan Stanley closed-end fund) in the upcoming issue of Personal Finance.
And the dollar isn't doomed--in fact, it’s actually been a big global beneficiary of trade and investment. It wasn't but a handful of days since another near-term record foreign demand for US stocks and bonds. Korea may make for a little sensational press, but remember--that nation is small and more dependent on us than vice versa.
For more current updates on stocks, the markets, economy and all that affects your investments, sign up for my free daily journal By George at www.bygeorge.biz.
Hedge funds continue to make headlines, and most of them are
not good. The big insider-trading case involved a hedge fund firm, and news
stories indicate the investment process of the firm was to get an “information
edge” that apparently included insider information on a regular basis. Forbes magazine had an article asking
“How Dirty Are Hedge Funds?” Its answer was “filthy.”
The article references 500 funds sampp Story: My Hedge Fund Portfolio Keeps Moving Ahead -
Hedge funds continue to make headlines, and most of them are
not good. The big insider-trading case involved a hedge fund firm, and news
stories indicate the investment process of the firm was to get an “information
edge” that apparently included insider information on a regular basis. Forbes magazine had an article asking
“How Dirty Are Hedge Funds?” Its answer was “filthy.”
--General Motors’ recent bond issuance might well be the trial balloon to bail out the building pension fund fiasco in many old-line public companies. The deal allows GM to borrow almost $20 billion in current and pending bonds at a expected average interest cost of about 7 percent; an accounting move will allocate the proceeds to the ailing pension account. With FASB Rule 87, GM gets to assume a 9 percent rate of return in the fund. With the tax considerations, the resulting after-tax cost of borrowing is more like 4 percent and with the pension assumed to generate 9 percent, that means GM could count up to $250 million per quarter in added earnings, even if it’s just an accounting aberration. Along with pending eased regulations on estimating pension liabilities, this might be the government’s way to bail out many ailing public company pension funds—before taxpayers get stuck with the bill through the Public Pension Guarantee Corporation. While it’s a farce—if it’s good for GM, it might be good for the nation. The article references 500 funds sampp Story: Capsule Advisory - --General Motors’ recent bond issuance might well be the trial balloon to bail out the building pension fund fiasco in many old-line public companies. The deal allows GM to borrow almost $20 billion in current and pending bonds at a expected average interest cost of about 7 percent; an accounting move will allocate the proceeds to the ailing pension account. With FASB Rule 87, GM gets to assume a 9 percent rate of return in the fund. With the tax considerations, the resulting after-tax cost of borrowing is more like 4 percent and with the pension assumed to generate 9 percent, that means GM could count up to $250 million per quarter in added earnings, even if it’s just an accounting aberration. Along with pending eased regulations on estimating pension liabilities, this might be the government’s way to bail out many ailing public company pension funds—before taxpayers get stuck with the bill through the Public Pension Guarantee Corporation. While it’s a farce—if it’s good for GM, it might be good for the nation.
• In late October, PowerShares Capital Management launched eight new exchange traded funds (ETFs). These are the new hot investment vehicles; they’re sector- or subject-specific stock portfolios that trade like stocks but allow individual investors to hold a basket of stocks similar to a mutual fund. And what’s hipper than new investment products? New investment sectors. ONE OF POWERSHARES’ NEW ETFS IS THE LUX NANOTECH PORTFOLIO. Granted, Merrill Lynch’s Nanotech ETF has been around longer, but this one grabbed more headlines. The Lux Nano is hardly a trip through the nano frontier. More than one third of the companies are Dow, S&P 500 or similar size companies that have tangential exposure to nanotechnology. Merrill’s Nanotech ETF has more direct beneficiaries to nanotech but with increased volatility and risk, since these little firms are usually one-trick ponies. This is great exposure for the industry but the portfolios are lame. Our advice: Buy some risk capital in individual shares of companies that engage your interest and look like they have good business models. And learn all you can about this important—and young—new technology sector through our free e-zine High-Tech Bulletin (www.hightechbulletin.com). The article references 500 funds sampp Story: Advisory - • In late October, PowerShares Capital Management launched eight new exchange traded funds (ETFs). These are the new hot investment vehicles; they’re sector- or subject-specific stock portfolios that trade like stocks but allow individual investors to hold a basket of stocks similar to a mutual fund. And what’s hipper than new investment products? New investment sectors. ONE OF POWERSHARES’ NEW ETFS IS THE LUX NANOTECH PORTFOLIO. Granted, Merrill Lynch’s Nanotech ETF has been around longer, but this one grabbed more headlines. The Lux Nano is hardly a trip through the nano frontier. More than one third of the companies are Dow, S&P 500 or similar size companies that have tangential exposure to nanotechnology. Merrill’s Nanotech ETF has more direct beneficiaries to nanotech but with increased volatility and risk, since these little firms are usually one-trick ponies. This is great exposure for the industry but the portfolios are lame. Our advice: Buy some risk capital in individual shares of companies that engage your interest and look like they have good business models. And learn all you can about this important—and young—new technology sector through our free e-zine High-Tech Bulletin (www.hightechbulletin.com).
Benjamin Shepherd is research editor of Personal Finance, one of the
world’s most widely-read investment newsletters. He’s also editor of Louis
Rukeyser's Mutual Funds, providing readers with a select inner circle of
top-rung money managers: the top-rated funds whose managers have earned their
records over the test of time. Ben is an integral part of KCI
Communications, Inc’s world-class team of editors and analysts. He studied
at Belmont Abbey College in Belmont, NC and Virginia Western Community College,
concentrating in Communications and English.
The article references 500 funds sampp Story: Benjamin Shepherd Bio - Editor: Louis Rukeyser’s Mutual Funds
Research Editor: Personal Finance
Benjamin Shepherd is research editor of Personal Finance, one of the
world’s most widely-read investment newsletters. He’s also editor of Louis
Rukeyser's Mutual Funds, providing readers with a select inner circle of
top-rung money managers: the top-rated funds whose managers have earned their
records over the test of time. Ben is an integral part of KCI
Communications, Inc’s world-class team of editors and analysts. He studied
at Belmont Abbey College in Belmont, NC and Virginia Western Community College,
concentrating in Communications and English.
One of the country’s most widely read investment newsletters, Personal Finance is an indispensable resource for the individual investor, featuring expert analysis of market activity and economic trends as well as detailed advice on how to profit from these developments. Twice a month, Editor Neil George shares his insights into the world’s markets, while highlighting the best stocks for growth and income and explaining the rationale behind these selections. The performance of our portfolio recommendations are constantly monitored by a team of dedicated analysts who post regular updates on the publication’s website (www.pfnewsletter.com)—whether the outlook for a particular stock is positive or negative, readers know exactly where they stand and how they should act to maximize returns.
In addition to Neil’s recommendations and commentary, Personal Finance subscribers enjoy and profit from wide-ranging coverage of financial markets penned by some of the industry’s most respected analysts. Roger Conrad weighs in with his take on high-yielding Canadian income trusts and utilities stocks; Gue writes about the latest developments and hottest plays in the energy sector, from oil drillers to liquid natural gas companies; Yiannis Mostrous examines exciting investments in emerging markets such as China and India; and executive editor GS Early identifies and analyzes winning companies in the world of nanotech and disruptive technologies.
Recent issues of Personal Finance have included stories on the following topics and opportunities:
The advantages of purchasing Income Deposits Securities (IDS), Income Participation Securities (IPS), Enhanced Income Securities and other so-called hybrid shares that consist of a common stock component and a debt component;
Coal producers and shippers that are in the best position to capitalize on rising European demand;
The most lucrative plays in national and rural telecoms; and
Stress-tested Canadian income trusts that not only pay high dividends, but will also weather the current economic downturn.
Utility Forecaster:
For over twenty years, Roger Conrad’s Utility Forecaster has provided subscribers with in-depth coverage and expert analysis of investment opportunities in electric, water, natural gas and telecommunication utilities. Each issue examines key macroeconomic and regulatory developments that drive utilities’ performance and share prices, while closely scrutinizing the growth potential of individual companies. In addition to Roger’s valuable commentary, the monthly newsletter features portfolios chockfull of the best plays for both income- and growth-minded investors as well as the rationale behind these selections.
The highlight of Utilities Forecaster is undoubtedly Roger’s proprietary rating system, which gauges the safety of each utility’s dividend as well as each firm’s strengths and weaknesses. Utilities have experienced their fair share of ups and downs over the years, from the current boom to the nadir of five years ago when The Dow Jones Utility Average plummeted 60 percent in just two years. With Roger’s “How They Rate” table, which includes over 200 utilities and related companies (such as crude oil producers), readers can quickly evaluate a particular firm’s prospects and determine whether to buy, sell or hold the stock.
Recent issues of Utility Forecaster have examined the following topics and opportunities:
Which natural gas producers are best positioned to take advantage of rising demand as utilities companies erect more and more gas-powered electric plants in an effort to curb greenhouse gas emissions;
Why Arizona and New York State regulators are severely limiting utility rate increases and which companies will be most affected;
Why the telecommunications industry is in better shape than its share prices indicate and which national and rural telephone companies are poised for profits;
Investment opportunities arising from the burgeoning “negawatts” movement;
Choosing the best limited partnerships in the energy infrastructure field; and
Why US recession worries aren’t necessarily a death knell for renewable energy companies, and which ones are the best bargains.
Not only do utilities and companies in satellite industries tend to weather economic downturns better than firms in other sectors, but with demand for connectivity and energy expected to grow exponentially over the next few decades, the best firms in these sectors will generate huge profits. From nuclear and renewable energy companies, to telecommunications and foreign utilities, Roger Conrad’s Utility Forecaster supplies the sound analysis and market intelligence that forms the basis of all good investment decisions.
Roger Conrad’s Canadian Edge:
Roger Conrad’s Canadian Edge focuses exclusively on the world of high-yielding Canadian income and royalty trusts, a business structure that allows companies to pay the vast majority of their earnings to shareholders in the form of dividends and return on capital—without paying taxes. Although Canada first authorized the trust structure in 1986 to attract investors to energy-exploration firms—a backbone of the country’s economy—businesses in a wide range of sectors, from real estate to telecommunications, now enjoy its considerable benefits.
In each monthly issue of Canadian Edge, Roger provides readers not only with sample portfolios that are tailored to meet the objectives of conservative and aggressive investors, but also a “How They Rate Table” that tracks the performance of the best Canadian income and royalty trusts for American investors. This comprehensive database supplements each company’s vital statistics with Roger’s proprietary safety ratings as well as actionable advice.
But these tables provide investors with only so much of an edge. Every issue also includes Roger’s penetrating analyses of recent regulatory and economic trends that might influence the performance of Canadian trusts in general, those operating within certain sectors or industries, and even individual companies. Regular columns focus specifically on the growth prospects for oil and gas trusts, while another monthly feature addresses key political and regulatory developments. Subscribers are also kept apprised of any breaking news through updates posted on the publication’s website. (Potential subscribers should consult the subscribers’ guide to get a better understanding of the publication’s scope).
With the help of associate editor David Dittman, Roger has established Canadian Edge as the premier source of information on prospective changes to the Canadian tax code (slated for 2011) and their ramifications for investors.
Recent topics and opportunities featured in Roger Conrad’s Canadian Edge include:
How Canadian income trusts have fared since Finance Minister Jim Flaherty announced prospective changes to the tax code, and why investors shouldn’t necessarily panic about their implementation in 2011;
Which specific income trusts are best positioned to succeed when their tax burden increases in 2011 and which companies have the most exposure;
The market’s reaction to Trinidad Drilling and TransForce Income Fund’s decision to switch from trusts to corporations and the implications for the likelihood and timing of further conversions;
Why a slowing US economy no longer translates into sagging crude oil prices, and which oil-producing Canadian trusts are likely to reap the benefits; and
Why natural gas prices have shrugged off their two-year slump, and the long-term growth prospects for natural gas producers as electric utilities increasingly turn to gas-fired plants to reduce greenhouse gas emissions.
The Energy Strategist:
Energy markets are notoriously fickle, subject to geopolitical developments as well as macroeconomic trends, technological advances and the discovery and production of new reserves. Whether at the pump or in the news, the economic and environmental realities of the world’s insatiable demand for energy are never far from our consciousness. But profiting from rising commodities prices requires sound market intelligence as well as a keen understanding of the forces at play in these markets.
Published twice each month, The Energy Strategist features Elliott Gue’s expert take on the latest developments in the world’s energy markets and, more importantly, the opportunities therein for individual investors. From traditional energy sources like coal, crude oil and natural gas to nuclear power and renewable energy, Elliott explains the dynamics of each sector as well as the companies best positioned to take advantage of emerging trends. Each issue also tracks the performance of sample portfolios designed to meet the objectives of both conservative and aggressive investors.
Elliott has addressed the following topics and opportunities at length in recent issues of The Energy Strategist:
Why the UK’s success in reducing greenhouse gas emissions through natural gas-powered electric plants bodes well for US utilities, which face the prospect of transitioning away from coal-fired plants as a carbon tax or carbon trading scheme become more likely;
Which companies will benefit from rising US and UK demand for natural gas;
Why nuclear energy is again emerging as a viable means to meet growing demand for power, and which junior uranium companies may be poised for extraordinary growth in the coming years;
Why Elliott remains bullish on biofuels such as ethanol and biodiesel, and the best plays in this sector for individual investors;
The prospects for deepwater drilling off the coast of Brazil, why the country will likely eclipse Venezuela in terms of oil production and which companies stand to benefit from the recent discoveries in the Tupi and Carioca fields; and
Investment opportunities in oil and gas companies that are using unconventional production methods to extract these resources from the Barnett Shale play and the Alberta oil sands.
In addition to in-depth articles and analysis, subscribers to The Energy Strategist
The Yield Letter:
When the market is booming and it seems like everyone is making money, it’s easy to dismiss bonds and bond funds as boring and inefficient investments. This outlook is somewhat naïve and shortsighted. Regardless of market conditions, bonds form the cornerstone of any successful portfolio for one simple reason: When markets and economies enter a prolonged skid, these investments continue to pay a steady, reliable income.
In his first career as an international bond trader and investment banker, Neil George worked bond desks in London, Vienna and the US. As Chief Economist, Neil helped Mark Twain Bank in St. Louis become the most innovative bank in America when he traded international bonds and pioneered bringing overseas investments to American investors. And now he brings his expert recommendations and analysis to the individual investor with The Yield Letter, a semimonthly newsletter dedicated to uncovering the best bonds, bond funds and what Neil calls mini-bonds—Income Deposits Securities (IDS), Income Participation Securities (IPS), Enhanced Income Securities (EIS) and other so-called hybrid shares that consist of a common stock component and a debt component. In short, The Yield Letter focuses on the investment vehicles that will pay you regularly in all economic climates.
Recent subjects and opportuniti