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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.
@MK,
>> His thinking has been so muddled recently because of his political positions I'm surprised he can do anything remotely related to economics.
You're going to have to do a lot better than just your sayso.
Now with data! Latest state of deceitful and dishonest play, from the great Hiltzik:
http://www.latimes.com/business/hiltzik/la-fi-hiltzik-obamacare-ryan-20170217-story.html
yeah, applies and oranges for sure --- PONDX std dev is 2.6 or so and FRIFX is twice that. One site says PDI's is 0.5, which can't be right. Ah, M* says 4.3.
I believe in the Big Short (IIRC) it is mentioned as a derivatives-origin haven. Some such recall. I could look it up.
I just thought it beyond droll that Fido using presumably M* data feed would pie-chart it like that. So nuts. This is a prime op…
omg, is that a serious question? ACA is a huge success for insuring many millions who were not insured before. Actual people, and their kids. Dex, you really have to read outside your bubble.
Serious request: Explain why you root so hard for thing…
Oh, Dex, as of tonight there is no more tax penalty enforcement, so now the downward spiral you so devoutly wish for can happen more freely.
Go hang out at an ER, meet some truly straitened people, and have yourself a good time.
See this first; …
@VF
>> merely making the point M* lists it as 40% bonds,
Sorry, did not address that specifically. That is complete crap. M* has many weaknesses, increasing, it seems, but its inability to parse this fund is remarkable, and unfixed over >3…
@DH, see if you can think hard and figure out the reason for those three articles. Then ask pasha what the relationship is between the reason you have come up with and ACA itself. (Helpful hint: There is no relationship.) We know you are rooting for…
@MikeM
>> Doubleline actively managed fixed income portfolio
Yes, exactly, that's the secret bond sauce, as I was trying to explain. Courtesy Gundlach the pol prognosticator.
But not 40% or anything close to it. Their own announced benchmar…
Right, but it is not really a conventional balanced fund by any means, anymore than say AOA is. It does have that balancing bond component / secret sauce.
@VF, no, not wishful thinking.
It's interesting to me that if you diy and combined CAPE w …
>> Murdoch's decision to thin out the Journal's ranks.
And not only that:
https://www.nytimes.com/2017/02/14/opinion/the-struggle-inside-the-wall-street-journal.html
If you're really talking 3-5y, I always suggest looking hard at a combo of PONDX, PDI, and FRIFX, examining their worst-case scenarios to see what you could tolerate.
FSICX and DODIX are other things to look at (FBALX also, and similar; also BND, B…
Well, here we go. This (if successful) is going to blow the minds of many DT voters:
https://www.thenation.com/article/the-battle-for-obamacare-starts-now/
>> The question is whether Trumponomics is the real deal?
bwahaha, that is not in question
>> If forecasts of faster growth turn out to be hot air,
If this guy can even pose that seriously, it is hard to take seriously anything in h…
Difficult to disagree in the abstract, ... but if a money manager likes a pol who preaches that free trade is harmful, does not know what a strong / weak dollar means, opposes getting the min wage out of the 1970s, stiffs subcontractors, denies glob…
Well, since Nov it's been serious rock 'n' roll for him.
I failed to make clear that I bailed on CGMFX because I retired and needed to recalc holdings in all sorts of ways. I also bailed on Soviero then. I was with him too for a good spell, and on…
Yeah, he's 77 this year. Wonder what it was he bought in November. I bailed some time ago. But was with him for decades prior.
I guess M* thinks WEMMX has backup.
