Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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#17
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Thank all of you who have offered suggestions. I shall proceed to look into them!
__________________
"No one is more hated than he who speaks the truth." Plato “To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine |
#18
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just for grins, I evaluated all of the funds that were mentioned in this post. 99% of them I wouldn't own them, some were disasters. Some of them did pay some higher yields but overall they weren't that great. Some of these made 15% or more the past year but weren't looking good in the future nor did the history. Go out and check them out yourselves, it's pretty easy.
My criteria: high return/low risk (some of the mentioned funds were high risk with low returns), low fees which are .1% or lower, good dividend (3% or higher), history of growth and dividend increases. low turnover, and managers have invested in their own funds (if active). Some stats: ANGL, high risk high return, ytd return is -1.6%, 3 year return is -12%, 5 year return is -3%. VIG pretty good overall EDF, very bad, 3.7% expense, average return, highest risk, 3 year return -38%, 5 year return -61% ryld is pretty bad too, .6% expense, ytd return -3%, 1 year return -11%, 3 year return -34%, 5 year return -36% I have a few index funds that returned more than 150% over 5 years. All of them were over 60% growth over a 5 years period. If you do investing on your own, use the stock/fund screener to find these jewels. I have been in these same funds for over a decade, some over 20 years. I have gotten out of the market totally 2 times in 30 years, beginning of 2022 and 2 weeks ago. I feel it's safer to be in money market funds for a while. Getting out in 2022 and getting back in gradually over 2023 was very lucrative to say the least. Didn't need to wait to recover 30-35% loss that the market had. I hope this last pullout will see the same type of growth when I get back in. Money markets are over 5.3% right now. |
#19
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ANGL (Total Returns) 1 year +9.58% 3 year +1.56% 5 year +5.23% 10 year +6.04% Life +6.85% |
#20
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I can tell you exactly what the share price of angl was 5 years ago and it was $28.91. Today it closed at $27.50, that’s not a 5% increase, it’s a $1.50 decrease, you can do the math for the %.
Even by using your stats which aren’t correct, a 6% gain over 10 years is worse than the average of 8% a year. For comparison, 1 of my funds had a price of $200.89 5 years ago, and after the loses these past 2 weeks, the closing price today was $486.50, almost 130% gain over 5 years and this was not my best fund. I don’t time the market, but if geopolitics or dumb things happen around us and I think we have a downturn coming, yes, I’ll go all money market until things get better. If I was still in the market these past 2 weeks, I would be down over $200k and we aren’t even close of the correction phase downturn that is occurring or the geopolitical problems being ironed out. If you think everything is going great, stay in. |
#21
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This thread was a request for high yield funds. High yield funds aren’t an equal comparison to stock performance. ANGL is a portion of the fixed income assets in my portfolio. A 50 (stocks) / 30 (bonds) / 20 (cash) mix has always worked for me. Some years stocks do (much) better, some years bonds do better. ANGL has just been a good provider of consistent, fairly safe income for me since 2016. It really doesn’t matter to me what the price was on a given day, it's the averages published by data providers that are relevant. You may be right about a forthcoming, extended correction, but that is why I hold steady income providers, cash and short-term bonds along with long term equity holdings. Rebounds often happen too quickly. OP, I also hold JEPI and that has performed well also but the income is not as steady and Seeking Alpha has written it up as a fund that cannot sustain it’s dividend level. The fund indeed has recently had periods of lower dividends (dividends vary by month). |
#22
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If you want safety with high yield, get into money market funds. If you have $1M or more to invest, you can get 5.37% yield, less than a million, you can get 5.1%, without losing any of your base. Stay in as long as you want.
I used to get in so-called safety investments: bonds and balanced funds and I stopped doing this 20 years ago. They just don’t make enough return and they can still lose 20-30% during downturns, maybe a little bit better than stocks/funds. |
#23
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As most of my securities are in taxable accounts I rarely trade due to friction (taxes and trading spreads). I tend to be a buy and hold investor. At this point in my life I want dividend income to replace the rental income from real estate properties I recently needed to sell as all the partners were aging out and/or dying. Three quarters of my net worth remains in real estate investments, most of which I have held since the 1970s. It is essentially depreciated out and my basis is low. I ain't selling any more of it! Sales in 2022 and 2023 of commercial real estate properties in which I was a partner have pushed me into securities. I never spent much time on or even paid much attention to the stock market although I was lucky enough to buy a few few shares of BRK at a little over $3,000/share back in the 1980s. Happily, I hung onto it.
__________________
"No one is more hated than he who speaks the truth." Plato “To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine |
#24
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Thanks for the post OP,
Some interesting options presented. Interest rates will come down most likely, now is a good time to lock in for a longer term perspective. Amazing returns on CLM and CRF, both very interesting. JEPI is one I will investigate further. |
#26
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Other than the fact it's down 20% over the last five years.
__________________
Identifying as Mr. Helpful |
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