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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: macbolan who wrote (2515)	5/10/2024 8:21:32 PM
From: Max2.0	Respond to of 22060

I was comparing my UTE positions to that of Chowder. Yes I agree with you. It seems one company can do well or not compared to the rest of the industry. And thanks for sharing. I think I am happy with my positions including the funds at the present time. They did, as a group underperform these last 2 years. I think it is mainly due to some cyclical effect of inflation/elevated interest rates. I expect them to at least keep pace with the market going forward. UTG and UTF are large positions and they generate a good deal of cash. So there is that. I am fortunate to be in decent financial condition so it doesn't matter in a real sense whether my UTEs underperform the market or not. BTW: California CPUC just approved a flat rate scheme for electricity in the state and it will go into effect in 2026. Its going to be $25/month for all normal people and $15/month for the financially challenged. Then they will reduce the rates by about $0.05/KWH. So there will be a flat rate and a usage rate. My guess this will in some way impact people with Solar power. I think this is the product of PGE trying to make Solar less profitable for homeowners yet again.