Powerfund Portfolios Trade Alert!

Powerfund Portfolios Trade Alert!

September 2004 Trade alert!

October 27, 2004
Category: 
Powerfund Portfolios

Since mostly longer term bonds did well last month, most of our action was in stocks. The Vanguard Short Term Corporate fund, which makes up 30% of the portfolio, was up just .18%. Since every other fund but one beat the S&P500 and Dow, the portfolio scored a good return anyway. The other small gainer was Harbor Bond. ...read the rest of this article»

March 2004 Trade Alert!

March 5, 2004
Category: 
Powerfund Portfolios

We’re lowering our risk level slightly by moving some profits into more conservative investments. Stocks (particularly foreign stocks), convertible bonds tied to stocks, and foreign bonds have all risen in the last year. The reward for risk taking will be lower going forward. ...read the rest of this article»

July 2003 Trade Alert!

July 5, 2003
Category: 
Powerfund Portfolios

We are lightening up a bit on stocks and increasing our bond positions with shorter maturities and higher credit profiles in each of our model portfolios. These changes lower overall risk and lock in gains made from above-target stock allocations and bond durations over the last year. ...read the rest of this article»

February 2003 Trade Alert!

February 5, 2003
Category: 
Powerfund Portfolios

The newly retooled Vanguard Dividend Growth fund (VDIGX) has much lower fees than the Strong Dividend Income Fund "Z" (SDVIX) which means more if the dividend income is yours to keep. Since this model portfolio already owned the Vanguard Utilities Income fund, and that fund has converted into a dividend growth fund, we need to sell our dividend fund and replace it with another utilities fund in order to keep the same allocation to utilities and high dividend stocks. ...read the rest of this article»

November 2002 Trade Alert!

November 5, 2002
Category: 
Powerfund Portfolios

Vanguard High Yield Fund (VWEHX) with proceeds of CMHYX sale.</ul> Columbia funds, which show up in three of our model portfolios because of their high quality and low fees, where snapped up by Liberty, who has been on a fund purchasing binge for some time now. Liberty is merging some of their unbelievably crummy funds into some good Columbia funds to hide the Liberty fund's miserable performance. ...read the rest of this article»

August 2002 Trade Alert!

August 5, 2002
Category: 
Powerfund Portfolios

We feel the current yield on beaten down utilities stocks of just under 5% is too tempting to pass up. Since money market funds yield less than 2% across the board, often closer to 1%, this should benefit the portfolios over the long term. ...read the rest of this article»

July 2002 Trade Alert!

July 5, 2002
Category: 
Powerfund Portfolios

The BlackRock International Bond fund, Service class (CIFIX), is closed to new investors. The only classes left are load classes, which we do not recommend. We are replacing the Blackrock International Bond Fund with the American Century International Bond fund (BEGBX). This fund is an excellent low fee fund that is available for No Transaction fee (NTF) through many discount brokers. ...read the rest of this article»

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