Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
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Schwab: Shake Off Emotions and Control your Portfolio
Here is a good advice. Stop listening to all the doom and gloom in this site and many others.
...and my best advice for most. Invest based on your goals and risk tolerance, and use only funds (and hardly trade). That's what Bogle and Buffett said decades ago.
ORK. Ya, just disengage from all that's going on around us. Ignore injustice, masked gov't Gestapo violence, the ethically rudderless Fuhrer, etc.
Don't let emotions get in your way is a good idea rather than to constantly fiddle with the portfolio. Tuning-out Reality can be a defense mechanism, as it is for a friend of mine, who voted-in the Felon; or it can be a sign that one is just like the soul-less Felon...
Ignore injustice, masked gov't Gestapo violence, the ethically rudderless Fuhrer, etc.
These are the very reasons why I think the US's time as a global leader is limited. We have destroyed any credibility we had with the rest of the world who counted on us for the Rule of Law, regulations that were enforced and not at one man's whim transparent credit markets and an independent Federal Reserve.
We are close to a Government like China where the only thing that counts is one man's daily ideas. At least in China you can count on Xi to do what is generally in the long term interest of the party. here all you get is what is in Trump's interest.
Maybe the retaliation for the US vote in 2020 is planned bring down of the entire US population. MAGA may just be a nice sounding con. Who really knows?
@FD1000 As someone who has been committed to public service for the past 36 years, your comments are offensive. Federal employees are innocent bystanders in this whole mess and we are just trying to do our jobs. We entered public service because we want to contribute to society in a range of different ways. For me that contribution comes in funding the development of cures for cancer patients. I can’t do that job right now. So before you talk about how “boring” the government shut down is, maybe you should give that some thought. A lot of people are getting hurt by this shutdown
People who call the polio vaccine, elimination of congenital Rubella, almost complete elimination of massive strokes because of VA funded research into anti-coagulation and atrial fibrillation "boring" are incredibly misinformed, and apparently do not want to learn anything.
A letter I just sent into the editor of a local paper
To The Editor In 40 years of primary care medical practice all of my patients with metastatic melanoma died. Two good friends also developed it. One is considered cured today, only because of research that Trump’s budget would cut.
Anne W had melanoma in 1987, treated with the then newest therapy, interferon. Studies showed six months average survival (an increase). An occasional patient lived 2 or 3 years. Unfortunately, Anne did not.
In 2021, another friend WJ, was treated with Ipilimuab and Nivolumab, new monoclonal antibodies, and is now considered cured. A study this year found these drugs increased average survival to at least 10 years (and still counting).
Government funded National Institutes of Health research was responsible for this dramatic difference. I have many other examples of amazingly improved treatments of other cancers, heart disease, stokes, and diabetes during my 40 years of medical practice. Millions of Americans have survived and been cured of hundreds of other diseases, due to NIH research.
Trump wants to cut the NIH budget by 40% to $29 Billion, with grants approved by politicians, not scientists. But ICE gets $90 Billion! (Ironically, Russell Voight, Trump’s budget director’s young daughter is alive today because of an NIH cystic fibrosis cure.)
“DOGE” eliminated 50% of WJ’s oncologist’s melanoma research, and he may leave the country.
When will the public realize our lives are threatened by Trump’s anti-science policies and budget cuts and demand they stop?
@MikeW@sma3. Excellent posts from people who don't just "get it", but live it!
The fellow that you are responding to is so lost in his own BS, he will never internalize anything that you say/post.
We all know that they are people that can be described as "soulless", or that completely lack empathy. Some are narcissists. Some are sociopathic. Some are just fools, using platitudes to appear clever.
The rest of us understand completely and appreciate you taking the time to post!
We are certainly on the same page. Yes, some natural decline over time may well be inevitable. Other countries were restored and developed after the War. And in the decades since, others are stepping into their time in the sun, too. But the political disaster we are living with is accelerating the process in a way that just did not have to be. Too stoopid not to re-elect the Orange FELON.
Can you say, "EPSTEIN?!" I knew you could. Say it again. Until Mikey can hear it in Louisiana. Absolutely do-nothing majority in the Congress. A chickenshit bunch of spineless scumbags.
Ignore injustice, masked gov't Gestapo violence, the ethically rudderless Fuhrer, etc.
These are the very reasons why I think the US's time as a global leader is limited. We have destroyed any credibility we had with the rest of the world who counted on us for the Rule of Law, regulations that were enforced and not at one man's whim transparent credit markets and an independent Federal Reserve.
We are close to a Government like China where the only thing that counts is one man's daily ideas. At least in China you can count on Xi to do what is generally in the long term interest of the party. here all you get is what is in Trump's interest.
You may be correct. To maintain the world's respect, we need to display justice and ethics. To have the respect of the authoritarian elements, we only need trump. I have heard it said that he doesn't care how this turns out, as he expects to die soon. He even muses about not "making it into Heaven". Not a big "believer", but on this, I agree.
It will take years for the full impact of his destructive efforts to materialize. His supporters will use that "distance" to disassociate the resulting problems from his actions and their choices.
Looks like the usuals forgot that this is an investment site. Please take your political and TDS posts to the off-topic forum? Tariffs, the price of eggs, the shutdown, doom and gloom...all didn't influence the markets YTD. SPY is up 17+% VXUS almost 29% Bond funds: many in the 6-10% range. So far, so good.
@sma3 that’s a wonderful letter to the editor! Thanks very much for writing it. It’s unfortunate that not enough people are aware of the life saving impact that the NIH has had. Here are just a few that I have been a part of: treatments for triple negative breast cancer, pediatric brain cancer, and colorectal cancer. Diagnostics for the early detection of lung cancer. It is a privilege to be at the NIH. But I haven’t been able to do that work over the last month which is really hurting a lot of our researchers that we fund. @DrVenture and @Crash thanks very much for the positive and thoughtful feedback.
@FD1000. I find your bullying annd condescending attitude to really be a detriment to this board. I don’t post often but couldn’t let your ignorant and insensitive comment pass.
Top 10% of residents in US own 87-93% of total stock market. That’s why top 10% control 50% of consumer spending. The stock market is irrelevant to over 80% of residents. They are more worried about rent and beef prices.
Comments
Here is a good advice. Stop listening to all the doom and gloom in this site and many others.
...and my best advice for most. Invest based on your goals and risk tolerance, and use only funds (and hardly trade). That's what Bogle and Buffett said decades ago.
Don't let emotions get in your way is a good idea rather than to constantly fiddle with the portfolio. Tuning-out Reality can be a defense mechanism, as it is for a friend of mine, who voted-in the Felon; or it can be a sign that one is just like the soul-less Felon...
Ignore injustice, masked gov't Gestapo violence, the ethically rudderless Fuhrer, etc.
These are the very reasons why I think the US's time as a global leader is limited. We have destroyed any credibility we had with the rest of the world who counted on us for the Rule of Law, regulations that were enforced and not at one man's whim transparent credit markets and an independent Federal Reserve.
We are close to a Government like China where the only thing that counts is one man's daily ideas. At least in China you can count on Xi to do what is generally in the long term interest of the party. here all you get is what is in Trump's interest.
People who call the polio vaccine, elimination of congenital Rubella, almost complete elimination of massive strokes because of VA funded research into anti-coagulation and atrial fibrillation "boring" are incredibly misinformed, and apparently do not want to learn anything.
A letter I just sent into the editor of a local paper
To The Editor
In 40 years of primary care medical practice all of my patients with metastatic melanoma died. Two good friends also developed it. One is considered cured today, only because of research that Trump’s budget would cut.
Anne W had melanoma in 1987, treated with the then newest therapy, interferon. Studies showed six months average survival (an increase). An occasional patient lived 2 or 3 years. Unfortunately, Anne did not.
In 2021, another friend WJ, was treated with Ipilimuab and Nivolumab, new monoclonal antibodies, and is now considered cured. A study this year found these drugs increased average survival to at least 10 years (and still counting).
Government funded National Institutes of Health research was responsible for this dramatic difference. I have many other examples of amazingly improved treatments of other cancers, heart disease, stokes, and diabetes during my 40 years of medical practice. Millions of Americans have survived and been cured of hundreds of other diseases, due to NIH research.
Trump wants to cut the NIH budget by 40% to $29 Billion, with grants approved by politicians, not scientists. But ICE gets $90 Billion! (Ironically, Russell Voight, Trump’s budget director’s young daughter is alive today because of an NIH cystic fibrosis cure.)
“DOGE” eliminated 50% of WJ’s oncologist’s melanoma research, and he may leave the country.
When will the public realize our lives are threatened by Trump’s anti-science policies and budget cuts and demand they stop?
The fellow that you are responding to is so lost in his own BS, he will never internalize anything that you say/post.
We all know that they are people that can be described as "soulless", or that completely lack empathy. Some are narcissists. Some are sociopathic. Some are just fools, using platitudes to appear clever.
The rest of us understand completely and appreciate you taking the time to post!
We are certainly on the same page. Yes, some natural decline over time may well be inevitable. Other countries were restored and developed after the War. And in the decades since, others are stepping into their time in the sun, too. But the political disaster we are living with is accelerating the process in a way that just did not have to be. Too stoopid not to re-elect the Orange FELON.
Can you say, "EPSTEIN?!" I knew you could. Say it again. Until Mikey can hear it in Louisiana. Absolutely do-nothing majority in the Congress. A chickenshit bunch of spineless scumbags.
It will take years for the full impact of his destructive efforts to materialize. His supporters will use that "distance" to disassociate the resulting problems from his actions and their choices.
Please take your political and TDS posts to the off-topic forum?
Tariffs, the price of eggs, the shutdown, doom and gloom...all didn't influence the markets YTD.
SPY is up 17+%
VXUS almost 29%
Bond funds: many in the 6-10% range.
So far, so good.
@FD1000. I find your bullying annd condescending attitude to really be a detriment to this board. I don’t post often but couldn’t let your ignorant and insensitive comment pass.