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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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.
some interesting related reading today
monopolistic gouging
https://www.nytimes.com/2023/05/29/opinion/inflation-groceries-pricing-walmart.html
'I know, I know, I just didn't like Hillary'
https://www.nytimes.com/interactive/2023/05/30/opinion/b…
@dtconroe
>> Regarding the price of gas, cost of food, increased utility costs, home repair costs, etc etc., she blames Biden for that, and she is frustrated with the Democrats in general for not doing more to prevent that.
that's great
&g…
@dtconroe,
So the wife of someone who is thoughtful and has spent his long career in social service in a totally backward state is
>> worried about the safety of our grandchildren in school classes,
along with many other suppertime (larg…
Well, however much we generalize in whatever direction, an enormous, simply astounding number of people regularly elect officials and support policies where cruelty and niggardliness and outright inconsiderate sadism (to go redundant) are precisely …
@Baseball_Fan
>> C'mon I would think just about everyone would agree to ensure kids, disabled, down on their luck, elderly should get all the assistance they need
You really don’t keep up, do you? Maybe stop posting until you get informed …
new (persuasive) thoughts on inflation
https://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=116&emc=edit_pk_20230526&instance_id=93572&nl=paul-krugman&productCode=PK&regi_id=22268089&am…
@davidrmoran,
I offered this for discussion back in 2020 from the poor swiss website:
updated-trinity-study-for-2020-more-withdrawal-rates/p1
Nice to see further updates. Thanks.
thanks for reminder; I did do a site search, so as not to take nove…
@bee. Excellent post. Please consider adding the potential drag on your retirement portfolio due to excessive taxation as well...
go on, please
what is your tax rate? what do you get for it?
>> an American economy in recession, along with high unemployment,
cool
we are truly doomed this time, since neither of this is true, has been true, or is going to be true,
not remotely
JMarshall TPM:
Shit Gets Real
There’s a really stunning report out from the Journal last night. Corporate bonds at some of America’s top-rated companies are now trading at a yield discount to Treasuries. This isn’t quite the same as investors think…
A default will happen, the 14th will be invoked, emergency petition will be filed in SC and SC will validate the use of the 14th.
That should put a nail in the coffin of a debt ceiling law that conflicts with a constitutional amendment and return(r…
As msf posted a while ago, ML also offers Fidelity mm funds >4.6% (at the moment).
No sweep functions (meaning it takes a little planning to move your moneys about), but otherwise a fine thing to use and quite a departure from the past.
In re…
this influenced my decisionmaking 8y ago and I have not regretted it
https://www.usatoday.com/story/money/2015/01/16/investing-international-funds/21825245/
@sma3
You would think (meaning I would think) that anyone who reads Desmond would know not to overstate:
>> ... get into the weeds where all the savings is
>> The money savings in healthcare alone is astronomical
>> Private Equi…
@sma3
>> There are massive amounts of money that can be cut in the Federal budget,
So this means you took the WaPo cuts calculation quiz? Tell all, please.
@hondo,
>> Biden does not want any debt limit so that he can spend all he desires. There has to be a limit on the debt and a start to decrease it. ... The liberals have to be stopped at some point.
you believe such bunk and handle money ?
Have went up …
I see that most spending complainers here don’t really know what it is we actually spend on and how much and what we should be spending on and how we should be funding it, that is, the grunt details
Here, play:
https://www.washing…
call the bluff
https://www.nytimes.com/2023/05/08/opinion/joe-biden-kevin-mccarthy-debt-ceiling.html
and take undignified measures
https://www.nytimes.com/2023/05/04/opinion/biden-administration-debt-republican.html
Do they expect indigent nursing home Medicaid elderly to go out and get a job too?
They're trusting private equity firms to take care of that after they come up with suitable hooks, like:
"Empowering seniors!"
It's all described in the prospec…
npr historians:
It was in response to the concerns coming out of the Virginia ratification convention for the Constitution, led by Patrick Henry and George Mason, that a militia that was controlled solely by the federal government would not be ther…
Do they expect indigent nursing home Medicaid elderly to go out and get a job too?
They're trusting private equity firms to take care of that after they come up with suitable hooks, like:
"Empowering seniors!"
It's all described in the prospec…
/4
And:
A defendant in the case, who spoke on condition of anonymity, denies paying bribes—his firm paid Helsinge “consultancy fees”—but says that exchanging information on rival bids and tenders was “the way of doing business” in South America …
/3
In 2017, Snap Inc. went public by selling non-voting stock; only founders and insiders would get any votes at all. Investors complained, and also bought the stock, because they didn’t want to miss out on a hot initial public offering. (It’s down…
/2
I said above that the few hundred million dollars that Bed Bath raised by selling 622 million shares of stock since it started preparing for bankruptcy “was not enough” to solve its problems, but it’s actually a bit worse than that. Bed Bath’s b…
hope that anyone interested saw this earlier and similar stomach-turning MLevine writeup, "Money Stuff: Bed Bath Moves Into the Beyond" ...
somehow like an inverse of naked shorting
or something
\\\ Beyond bloodbath
On Jan. 20, Bed Bath &…
inertia and anticipation
https://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=116&emc=edit_pk_20230425&instance_id=91039&nl=paul-krugman&productCode=PK&regi_id=22268089&segment…
