One-trick investment portfolios are everywhere. Do you have one? What is a one-trick pony portfolio? It’s the kind of investment mix that is over-weighted or concentrated in one stock, one asset, or just one asset class. This is a common condition with company founders who have the bulk of their net worth tied up in …
If you own the Pimco Total Return Fund (PTTRX) in a taxable investment account, you’ve already been crushed by a manager departure, high portfolio turnover, and the ugliness may not yet be over. Ron DeLegge, Chief Portfolio Strategist @ ETFguide warns viewers that a monster 2014 tax bill could be ahead for remaining Pimco Total …
Are Pimco Shareholders About to Get Slammed with a Monster 2014 Tax Bill? Read More »