by Travis Johnson, Stock Gumshoe | June 3, 2016 8:38 pm
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Thanks Travis always for your indepth sharing, and analysis of all things for us.
Travis is there anywhere on the site to go to see the various threads being discussed? I see the current ones on the right side, and try the search box too sometimes, but I am just not very successful in finding stuff for some reason. Thanks for all your help and I am so happy that I found your site, it has helped me so very much and I certainly love the community!
Right now the most recent ones will be on the Discuss page, linked from the very top. Should be easier to find in a few weeks.
Hi, according to Morningstar, minimum investment into DSEEX is $100k – is that right?
There’s a lower-minimum version that has a higher expense ratio (DSENX), and I think the IRA minimum for DSEEX is much lower, maybe 5-10,000.
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May 28, 2016 at 2:16 pm
A viewpoint from a 71 yr. old retiree. My current portfolio is 28% cash, 8% physical precious metals, 9% precious metal stocks (OKSKF, OCANF, GGN (13.4 % dividend), SPPP, and SLW. I plan to allocate an additional 8-10% to precious metal stocks at $1175-$1200 gold, comprised of SGDJ, RGLD, MORE SLW, MORE GGN, and MORE OKSKF. The next 45% is allocated among 12% natural resources (FCX, ETP, SUN, FGP, CQP) and 33% closed-end funds (CHY, NCV, HPI, JPS, NRZ, APTS, EXG, PCEF). This portion generates an average return of 8.9% in dividends which I reinvest. The remaining 10% is invested in inverse funds, (PSQ, VXX, SDS) for insurance against a major market drop. Over the entire portfolio I get 5.4% return in dividends per year, and that is steadily growing as my dividends are reinvested. Regardless of what the markets do I sleep well at night, and will maintain these allocations until November 8. GO TRUMP!!!!!!!!!!!!!
Sounds like a good plan. However, I would change the last two words to: Trump must GO….Away!
Here, here! I totally agree
As a new investor I have a lot to learn. I’m in the process of disengaging with my “financial Advisor” and attempting to go it alone. I find myself overly attracted to hyped up ideas from Motley Fool and “Oxford Income letter”. I always check Travis’ take on the teasers but I also need some advice on basic investing books for beginners. Can anyone help? I don’t have a huge amount of time as I just turned 71 and am semi-retired. I am a piano teacher with a little inherited money to invest and I need to move as quickly as possible. Thank you in advance.
Hi Kevin and welcome to sgumdev.stockgumshoe.com 🙂 As an Irregular member, I have discovered many fascinating areas. Travis and others have prepared a place at the table for you here: http://www.sgumdev.stockgumshoe.com/2014/11/first-steps-and-favorite-tools-for-new-investors/ Best2U4U-Ben
Even if you have only five years, you should read Benjamin Graham’s “The Intelligent Investor”.
$STM – STMicroelectronics Introduces New Bluetooth(r) Low Energy Single-Chip Solution http://globenewswire.com/news-release/2016/06/30/852775/10163832/en/STMicroelectronics-Introduces-New-Bluetooth-r-Low-Energy-Single-Chip-Solution.html
DSEEX continues to outpace the market — these short time periods are not all that telling, of course, but now year to date the fund has returned 12.5% vs. 7.5% for the S&P, and that improvement has been pretty consistent. It’s been a strong market, but this particular interpretation of “value” investing has returned 6% since I started buying it, versus 3.75% for the S&P. And that during a time when traditional “value” indexes have done slightly worse than the overall market. Time will tell whether this is truly a “better mousetrap” that can endure, but so far in this fund’s young life (it was launched in 2013) it is proving to be exceptional in a pretty boring way, and at relatively low cost… which is what I want for this part of my portfolio.
I remember STM being the largest chip maker ( by number of chips ) in the world and trading at $8 – 10 years ago. Weren’t they the ones teased to have the chip that could predict a heart attack before it happened, etc.? You have to believe that if it’s making money, and has made money this long, that it would hopefully have a trick up at sleeve that would catapult that one of these days? Maybe a long Leap? I’ve been in and out of it a few times in the last 10 years so I guess one more time won’t kill me LOL. Thanks Travis. By the way, I’m down at exit 7 and if you ever want to come by and grab a nice Portuguese lunch, I’d love to buy and pick your brain at the same time ! Have a great weekend thank you!
And oh yes, one more thing. I’m not sure how many years ago it was that you suggested SAND as a good play. There’s no question in my mind that it’s the absolute best gold play out there. I have bought In every dip including two dollars and change in the last 8-9 months.. IMO, it is comfortably the best go play for any goldbug out there. I wholeheartedly trust the brain behind Silver Wheaton to deliver again!
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