PRPFX Fund

[portart]

I noticed a change in the amount this fund has been going through since the change in the indexes. For example, today the DOW was up .84% and gold was up 1.23%. This usually meant the PRPFX would be up at least 1%.. The fund was up .54%. I am not sure why but it's been going down more where before it went down less with a poor market and recovering even less in better one. Gold is now above 1,600 USD and the DOW is back above 14,000. In this same senario, PRPFX was 49.50 a share yet is far below that amount. Anyone want to hazard a guess why this is???.

[AdamA]

I noticed a change in the amount this fund has been going through since the change in the indexes. For example, today the DOW was up .84% and gold was up 1.23%. This usually meant the PRPFX would be up at least 1%.. The fund was up .54%. I am not sure why but it's been going down more where before it went down less with a poor market and recovering even less in better one. Gold is now above 1,600 USD and the DOW is back above 14,000. In this same senario, PRPFX was 49.50 a share yet is far below that amount. Anyone want to hazard a guess why this is???.

It's probably because the fund doesn't use an S&P index fund.  It uses different stocks that a manager picks, so if these perform better/worse than the S&P it will effect PRPFX.

[dualstow]

Even for those of us who hold the S&P, it wasn't up as much as the Dow. The Dow was really boosted by Home Depot yesterday. (So was the S&P, but of course Home Depot makes up much more of the Dow than of the S&P).

[portart]

I see what your saying about the stocks held in PRPFX. Today gold is weak and the Dow is up just a little. The fund, after not doing much yesterday, might give some back. The fund hit 50 last year but ran out of steam. I wonder what it will take to get back there. I can't escape the feeling that after ten years of averaging 9 plus percent a year that a conservative fund like this could travel aimlessly for a few more years as everything else kind of catches up. I know it's designed not to have a major crash but perhaps a new strategy for a percentage of money in PRPFX might be managed a little differently (in terms of what stocks are in it) while still keeping the conservative allocation so as not to change the overall strategy of portfolio protection.

My variable portfolio, barely 2% of the overall, is in the dumpster. It's all in rare earths which are trading like penny stocks, down fifty and sixty percent over what I paid. Thank heavens I don't have more in it. Not selling though as wealth in the ground can't go to zero.

[portart]

No question that gold doing it's parabolic move from 250. to 1600. today has been the major force in this conservative allocation to out perform all other strategies and getting so many new fans. This was achieved by limiting stock exposure and the big push in gold upwards. Of course trees don't grow to the sky and if gold rests or goes down in the next ten years, the rest of this make up won't have enough firepower to grow much if at all. This is what I see taking shape now. The question is do you hang with PP and wait it out or take a shot in the balance of the fund to keep some octain in it. If you have enough already to retire or whatever your goal is, then accept what it brings (the fund did very little before the gold push from 2003 to present, check the numbers, about 4% a year but better then CDs).

My personal strategy, at least right now, is to keep adding to PRPFX at different prices now down off its highs, letting the portfolio grow through additions until it's day comes around again while taking comfort no event can wipe the portfolio out.