23 Comments
Jan 5Liked by ColoradoWealthManagementFund

Greetings from a motorhome trip through Spain and France, they have a lot of great cheeses here and I'm glad that "your" cheeses allow me to spend my hard earned money on local delicacies :-)) I've had bad experiences with various analysts since before I found TRF ... and looking at the green numbers of TRNO, SBAC, REXR, etc., which I bought at a time when others, unlike CWMF, were damning them, I have clear evidence that I am following the right leader ...

Expand full comment
author

That sounds absolutely wonderful. I would love to take my wife and dogs on a trip like that. We both love to travel.

You've got some great REITs. Those 3 should all do great over the next decade. Great property types and great management in place.

Expand full comment
Jan 5Liked by ColoradoWealthManagementFund

The dog, a Border terrier, is of course with us :-)) This year we have been to Sweden twice, once to Italy and now a round trip to Germany, France, Spain and home to the Czech Republic... a total of approx. 6500 Km... Actually here https://maps.app.goo.gl/b5MRzJEmN4riEzgs6 ,

I really wish you to have the opportunity to come and see old Europe... I will be happy to help you arrange a trip... preferably with a motorhome :-))

Expand full comment
Jan 5Liked by ColoradoWealthManagementFund

Your snarky comments gave me a good laugh. I have no idea whether or not your cuddly (which is just fine), but I love your say it as you see it, direct approach. PS: Really old Cheddar cheese is the best.

Expand full comment
author

Thank you.

PS. Mild cheddar > sharp for me any day.

Expand full comment
Jan 4Liked by ColoradoWealthManagementFund

Been a paid member for 6 years. Would not be a member if i was not making money.

Expand full comment
Jan 4Liked by ColoradoWealthManagementFund

awesome stuff as usual. Greatly appreciate the perspective and I continue to admire the fund performance.

Expand full comment
Jan 4Liked by ColoradoWealthManagementFund

I’ve followed you since your first posts before the Covid Melt down. Upper level. Y, occasionally snarky- like Aaron Rodgers- MVPs, a Superbowl, but without conspiracies. Keep it up Colorado.

Expand full comment
Jan 4Liked by ColoradoWealthManagementFund

Thanks, great article and summary!

Expand full comment
author

Thank you! Appreciate the support.

Expand full comment
Jan 4·edited Jan 4

Colorado Wealth Management does a great job, and I would highly recommend their service.

Expand full comment
author

Thank you! I think you've got a typo in there.

Expand full comment
Jan 4Liked by ColoradoWealthManagementFund

Thank you for catching the typo! It has been corrected.

Expand full comment

Well done! Love the transparency

Expand full comment

Old Cheddar will grow on you when you get old like me, and your taste buds aren't as sharp. It's delicious with good crackers and tapenade.

Expand full comment

A wonderful read. Investors need to be careful with the data they use.

Expand full comment

What about the eREIT's ?

Expand full comment
author

I may write that article. I've been surprised by the volume of reactions this piece has already earned.

Expand full comment

Thanks for the information. But this does not include all of your recommendations? I am thinking specifically about CCI and AMT.

Expand full comment
author

Correct. This was only covering our mortgage REIT record.

We also have a category for preferred shares (includes baby bonds), one for equity REITs, and one for "other". That is mostly just cash, but I have a small position in Schwab $SCHW.

If this is popular, I may write one for the other segments if I have time.

I can tell you my performance on the tower REITs will be much weaker since they got crushed over the last 2 years. We've approached the sector with a less active approach, so we were holding shares through the decline. I've added to the positions several times as well, but narrowing the performance down to only 2 or 3 stocks in a sector that got hammered will make performance look much worse.

Expand full comment

Thank you for acknowledging. I would appreciate an article on such. I want to convey - on balance - your successful record speaks for itself. But if you don't mind constructive criticism meant in a positive spirit...a bit too much written with hubris when you don't acknowledge the occasional losses for the other investment recommendations. You have acknowledged in the past, just clearly dwarfed by the countless success stories.

Expand full comment
author

If I write a version on the equity REITs, I'll definitely include it.

Even with great tools for tracking performance, it takes a while to put the article together. Adding in equity REITs and preferred shares to the same article would've made it start to drag. It would just be too long.

I did include the big loss on ANH. I didn't even downplay it by showing the returns we earned on the subsequent investments, mentioning the pandemic, or linking the performance for the ETF over those same days. Any of those would've made it look better, but I don't see any need to do that. Sometimes we lose money.

Find an analyst with 99 wins and 0 losses and you've probably got an analyst who only buys 1 or 2 stocks. Looks brilliant when it's up and awful when it's down. Still the same analyst.

Expand full comment

You have a point there Daniel, but the title of THIS article is "Exposing Our Mortgage REIT Record". Perhaps CWMF will provide another article exposing his trades on REITs and Preferred Shares too.

Expand full comment