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Post by FD1000 on Dec 28, 2021 20:25:45 GMT
FD1000 , Ha. Ha. Nothing is ever guaranteed. Maybe you’re familiar with the rest of that saying. Anyway I don’t think anyone talks about MLP’s since Cliff the cash flow guy was on here. All in one investing is too high risk for me though, imagine that. Everyone probably should have some growth and safety also. I do think EPD and MMP are fine income investments for those that lean towards those types of slow growing dividends. I would chose utilities, Aristocrats.or maybe REITS. But instead of starting low growing yield and waiting until I’m 80+ to be rich I chose to start rich and go backwards. Maybe because I started with the answer and worked backwards. Using a compound calculator a U shaped income needs roadmap. I’m down at the bottom of the left side by the way. Spending the riches less (thanks Covid) so they grow, hopefully more, taking me to the right side. One can hope. Pretty nutty huh? 🤪 I don't believe in ANY high yielders, regardless of what they are. No ifs or buts. I have been saying now for many years that high yielders don't guarantee higher performance or better risk attributes. The last 10 years proved my point, the numbers show it. Investors should NEVER start their research of what to own by looking at high yielder. Performance should be the first and if you care look for risk attributes(SD, Max draw, Sharpe..).
If you found a great stock/fund/ETF with great risk-adjusted performance, now you can look for higher yield. So, again, you can do whatever, but the above is the only thing that makes common sense to me backed by numbers and regardless of any situation. I use zero emotions in investing. You got a similar response from Mustang on the other thread. For more advanced investors: have been using the followings: buy the best limited numbers of funds (mostly up to 5) with the best risk-adjusted performance lately. I can never be wrong too long. If growth stocks are the best, my portfolio will be mostly in growth 2011-2017. If value, financial, global stocks are better, my portfolio will reflect that as I did in 2000-2010. |
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Post by steelpony10 on Dec 28, 2021 21:55:50 GMT
FD1000 , Well no one’s trying to convince anyone of anything. My lack of common sense apparently led to riches. Better lucky then good. I just ignored all that gobblygook and followed the leaders with the resources to make the correct choices. Looks like they did ok for me. All I have concluded is our indexes matched or probably exceeded the returns of a majority of OEF’s etc when charted the last ten years and I know CEF’s clobbered the distributions of conventional bonds. In the next ten years equity values are always unknown and CEF’s should still clobber the distributions of conventional bonds. All that and the initial investment has all been returned. Free, no risk, no volatility, no SD, no Sharp, some tax free, money started 2-3 years ago from now on. Cash cows. Sorry your going to miss out.* FD1000 , You need to chill out. Everyone knows where you’re coming from. You got married hopefully there was some emotion involved. 🤑
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Post by steadyeddy on Dec 29, 2021 0:51:50 GMT
FD1000 , Well no one’s trying to convince anyone of anything. My lack of common sense apparently led to riches. Better lucky then good. I just ignored all that gobblygook and followed the leaders with the resources to make the correct choices. Looks like they did ok for me. All I have concluded is our indexes matched or probably exceeded the returns of a majority of OEF’s etc when charted the last ten years and I know CEF’s clobbered the distributions of conventional bonds. In the next ten years equity values are always unknown and CEF’s should still clobber the distributions of conventional bonds. All that and the initial investment has all been returned. Free, no risk, no volatility, no SD, no Sharp, some tax free, money starting 2 years ago from now on. Cash cows. Sorry your going to miss out.* FD1000 , You need to chill out. Everyone knows where you’re coming from. You got married hopefully there was some emotion involved. 🤑 , I love this post, and it is a good rebuttal. 👍 |
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Post by FD1000 on Dec 29, 2021 4:54:24 GMT
FD1000 , Well no one’s trying to convince anyone of anything. My lack of common sense apparently led to riches. Better lucky then good. I just ignored all that gobblygook and followed the leaders with the resources to make the correct choices. Looks like they did ok for me. All I have concluded is our indexes matched or probably exceeded the returns of a majority of OEF’s etc when charted the last ten years and I know CEF’s clobbered the distributions of conventional bonds. In the next ten years equity values are always unknown and CEF’s should still clobber the distributions of conventional bonds. All that and the initial investment has all been returned. Free, no risk, no volatility, no SD, no Sharp, some tax free, money starting 2 years ago from now on. Cash cows. Sorry your going to miss out.* FD1000 , You need to chill out. Everyone knows where you’re coming from. You got married hopefully there was some emotion involved. 🤑 , I love this post, and it is a good rebuttal. 👍Actually, it's not, but I don't want to make the same generic arguments again which are based on data that I supplied and regardless of someone situation. Example: if total return includes distributions, then TR is a lot more important than the distributions and why investing based mainly on higher yield isn't the best way. |
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Post by steelpony10 on Dec 29, 2021 12:13:44 GMT
FD1000, Opinions vary as they should. There are no wrong opinions. Everyone on here has their own.
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