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.
Sometimes when I would drive around in my Lark passing the 15¢ / gal places in search of the 12¢ Sohio places, I would turn into the Sinclair place, which was 11¢.
The underreported Barr anti-secularism speech is as troubling as any meeting.
A little over 20% of Americans report being unaffiliated with any religion. About the same consider themselves Catholic. Imagine if the AG of the friggin USA said Cathol…
but here's some truth too
https://www.barrons.com/articles/expert-who-called-the-2008-crisis-says-repeat-of-december-meltdown-is-inevitable-51570799400
no, might acquire from sib who pinged me about it, but would probably want more-recent data inclusion, and a focus on gov debt only.
Also there's a lot of Saez and Piketty et alia to read sooner.
Been following this heated debate as well, naturall…
Twitter is useful for the lay readers of many researchers since there is almost always elaborated, non-laconic, material to read elsewhere.
This, about gov debts and income inequality, looks pertinent, brought to my attention by a family member:
ht…
PK today; no addressing of Shiller's concerns, whatever they specifically are:
This very bad column,
https://www.brookings.edu/opinions/why-are-millennials-unfazed-by-the-national-debt/
with its assertion that "There is a lot of frustration amon…
jeez, the next half-year, leave half-half in the vang500 and the pimco, or all in the pimco
or, indeed, if there is a ~2% mmf, put all in that
I mean, you already have something of a conservative bent (principal preservation)
@johnN, you (and others) might be interested in this:
https://www.nytimes.com/2019/10/11/opinion/sunday/wealth-income-tax-rate.html
new from Saez et alia
$50 underperformance over these last 13mos is striking; what could account for it? (My pondering was 'how', and there clearly is an answer somewhere, perhaps in LB's speculations.)
FSAMX also beats VEXMX, by $11, for that span, all this for $10k, …
I saw a new Fido TV ad tonight (had an ex-Fido friend over for dinner) and thought it said ('thought' means I quickly inferred) that they had a new no-fee / no-commish program expanded from what it was prior. Must check this out. Would be interestin…
Hey now and come on, he's sorry if anything he said offended anyone, and aside from the client-trust comparison he called annuity salespeople ratfuckers. So there's that. :)
And from today, repeating the above total figure, lest anyone think Krugman is (again) a 'what, me worry?' about debt; also the ramifications of not doing the right things with the debt moneys:
While we're all (rightly) focused on the constitutiona…
This from 27y ago is pretty droll, about inequality (which is fundamentally related to debt and to taxation, as everyone knows who read this week's headlines about ultrarich low low low tax rates, or even those who did not):
https://www.bradford-de…
was curious what you would advocate or were advocating, was saying 'do go on'
am always curious, when you are brief
(I myself support way higher wealth taxes, loophole closures, and also DoD and select subsidy cuts, just for starters)
yes, correc…
@msf, you should go on in addition to driveby.
The Shiller quote was about the 1930s; note his actual tenses --- not that it does not partly apply today. See below.
This is not a 'What, me worry?' situation. Why I wrote 'chiefly'. Perhaps I shou…
@Crash
>> That gov't deficit is already beyond ridiculous.
Don't forget that this chiefly is money we owe ourselves, and matters when it crowds out investment, which is not happening yet, though of course it might eventually.
Now that there are some big down days, I would put in DSENX following one.
To play w nervy timing, however, I have been putting nontrivial (though not big) moneys into QQQ or similar on big slumps and then selling upon recovery; have done this thri…
Speaking of being at a loss for words, check it out further:
https://www.washingtonpost.com/opinions/2019/10/07/americas-greedy-unpatriotic-millionaires-billionaires/
I simply subscribe directly and auto-reup.
Digital only except for the paper Boston Globe, whose print run now is 100k or less.
Perhaps a dozen publications.
I suppose there are cheaper ways. But newspapers are suffering so, and this is such a…
@Mark was right !!!
https://www.washingtonpost.com/national-security/state-dept-intensifies-email-probe-of-hillary-clintons-former-aides/2019/09/28/9f15497e-e1f2-11e9-8dc8-498eabc129a0_story.html
shoot, I posted only after (I thought) I had checked for this. plus or minus one day and then plus or minus two days, both ends, just to see if it was actually date delta.
Obviously I did not register the results correctly. This is reassuring; tnx.
something funky going on, but I bet it is clearly explicable somewhere by someone
VTSMX $10k appreciation since last Dec 07, not so long ago:
M*: $11,110
SC: $11,368
