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.
Support MFO
Donate through PayPal
davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
wriggle, wriggle; this may interest you as well:
https://www.washingtonpost.com/news/fact-checker/wp/2017/11/21/meet-paul-ryans-cindy-a-single-mom-who-he-says-gets-700-from-the-tax-bill
and some 'crowd wisdom' from academe:
http://www.igmchicago.…
I sometimes find it difficult to tell whose point you are making in your qualifying followups. Here is the text accompanying the above graphic; underlining mine:
The figure shows that taxpayers with income between $20,000 and $30,000 unambiguously …
@Ted,
Suggest stop parroting lazy cliches. No, it does not depend on special interests, really. This kind of kneejerk thoughtless uninformed and unexamined response pollutes serious policy discourse, you know?
TPC analysis of Senate bill is out. Bigly reverse Robin Hood, unsurprisingly:
http://www.taxpolicycenter.org/sites/default/files/publication/148831/2001605-distributional-analysis-of-the-tax-cuts-and-jobs-act-as-passed-by-the-senate-finance-committ…
Yeah, I noticed that, as I was charting them ($10k growth) vs DSENX, which tripled SP500 that year --- but nothing like those two.
For the next year (last year), it was a rather different story, with DSENX near to doubling SP500, QLENX close to equ…
Revised graph and details for bizarro tax world
https://www.cbpp.org/research/federal-tax/jct-estimates-amended-senate-tax-bill-skewed-to-top-hurts-many-low-and-middle
See first item here, Hatch repping the poor, he claims:
https://www.washingtonpost.com/blogs/plum-line/wp/2017/11/17/this-remarkable-angry-exchange-between-senators-unmasks-the-gops-tax-cut-lies
This is astonishing, looks impossible, does not incl…
like there will be crumbs:
https://www.washingtonpost.com/news/wonk/wp/2017/11/16/the-republican-tax-plan-looks-a-lot-like-the-republican-health-care-plan
unending farce (senate version):
https://www.washingtonpost.com/news/wonk/wp/2017/11/16/sen…
(MO'Brien WaPo)
There's an easy way to tell the Republican tax plan from the Republican health-care plan.
The first one would cut the corporate tax rate to help mostly wealthy investors, and pay for some of that by cutting health-care spending for …
This re FLPSX is dated obvs but had some info I did not know, including EM portion and a buying / timing strategy. The foreign proportion varies of course.
https://www.investopedia.com/articles/etfs-mutual-funds/043016/flpsx-fidelity-lowpriced-stoc…
@slick,
I missed that you moved from ML to Fido, since I have just done the reverse.
Fido offers Vanguard funds?? Not ntf, right?
Since this is supposed to be an empirical thread, I would like to see the annual results of all those with lots of f…
this is 2.5y old but a lot of it still applies, seems to me
https://www.usatoday.com/story/money/2015/02/27/investing-do-you-want-to-send-your-money-abroad/24077415/
Just got the final payout deposit from Fido, $78 or so, for the $10k Lehman bond bought maybe ~12y ago, Stock Upside Note (SUNS). A and A+ ratings, 100% principal protection, blah blah.
@msf
Sure, but by the time you invested, Magellan's best days were behind it. After Ned Johnson put up annual returns averaging 30.3% you had to make do with Lynch's measly 29.2% average performance.
Huh? Something may be off or I am misreading t…
I love dumb assignments like this.
If I had to do just one and was forbidden from DSE_X, maybe FLPSX, which satisfies some of the criteria here.
Non-US pluses may be true now and going forward, although DLEUX sure has not outperformed yet. Non-US w…
Well, also check out the American Oversight list here:
https://www.washingtonpost.com/opinions/the-other-huge-scandal-mueller-brought-to-light-this-week/2017/11/01/5e05a458-bf4c-11e7-959c-fe2b598d8c00_story.html
>> I cannot think of one reason you would need a middle man to take your money.
I myself agree, but I have family members who much prefer to have someone 'taking care of all of it', including a certain amount of tax planning, RMDs, budgeting…