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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.
Oh, good for you to find that. Thanks.
Well, they all started in late fall 2008. A good time for anything to start, without question. But that means there was a healthy stretch of slightly variant asset allocation from the current state.
Making …
>> only one degree of freedom (the stock/bond ratio),
In their early days I do not believe (memory) they were as fixed and quite as formulaic on the 7 noncash classes as they are now, as I suspected then what you say and found the p/e to vary…
I guess, but their turnover is pretty high generally, I am told
just assumed merchant pricing is largely governed by sunk costs
not being a businessman of that type, not sure
not to say savings will be passed along in any case :)
dunno
we will learn some demographic and political-cultural things this fall and then the next few years
but those governing crises will all pale in comparison with the summer temps then
beach condos along northern siberia, toronto and glasgow wo…
I had one family member, whom I advised for free (talk about getting what you pay for), who ultimately decided upon $5k each into AOA, AOR, AOM, and AOK, rebalancing every few months (free, at ML). Now each account worth more, of course; this was a …
called betting the farm ....
https://www.nbcnews.com/business/economy/betting-farm-why-heartland-still-believes-trump-despite-plunging-prices-n886941
"We're getting tariffed to death," said Scott Ditter, a dairy farmer in Sheboygan Falls, Wisconsi…
msf has already pointed out the lack of advantages of the AO_ family when I noted their simplicity, but they too (AOA, AOR, AOM, AOK) address some of these concerns. Maybe. e.g., https://www.ishares.com/us/products/239756/
And I believe others have…
The willful inability to understand tariffs, how China is largely an assembler economy (with a lot of IP bad behavior), and how supply chains work internationally is crazy bad and will prove crazy destructive.
https://www.nytimes.com/2018/07/05/bu…
@VF, approaching retirement, iirc. I should check when I bailed out. I think the graph shows that what I wrote cannot be true (x30). Maybe I started w/ LOMMX somewhere near 1982 and then switched to CGMFX when it began, '97 or so.
>> Sorry you didn’t appreciate the piece. Makes me wonder if you even read or enjoy the New Yorker.
Been reading it, every word about, for ~55 years, have had friends and colleagues who work there; loyal and faithful subscriber.
>> …
@catch22
Yes, and thanks much for your recitation. (I am totally immersed in all of this, as I am writing a filmable novel of SFMoran's life, and welcome all inputs, which is so counterproductive to getting the thing done, as all historical-novel r…
In case you ever thought it was about cold hard econ and not the other values stuff:
http://www.latimes.com/nation/la-na-missouri-town-tariff-20180705-story.html
Stuff be heatin' up majorly; I think next week may see a serious US market drop
https://www.nytimes.com/2018/07/05/opinion/trade-war-trump-business-jobs.html
I always reinvested with him, and was insanely lucky to get out when I did, turning $5k into x30 or thereabouts, the luckiest event of my investing life. He is a milgrade nerd, not surprisingly, say friends who have seen him research.
http://archiv…
@hank
>> Maddow is tilted left. I hope no one thinks I view her program as completely “objective.”
So goes the automatic charge, but it makes me wonder how closely you read the article, as she's regularly labeled as this leftwing Jewish dyke…
Come on, Fox News survived and thrived because of its pandering and inflaming of already resentful, aggrieved, faux-outraged adult babies who think avenging their personal butthurt coupled with Woodstock payback is the most important thing in life, …
>> Is it condescending, or passive-aggressive ....
Why not both?
In a respectful vein, my grandpa Sherwood often said that the 'best' and proudest part of his 97y life, including family and social service as a missionary, was being a Mari…
>> his promises to revive rural America and deregulate industry
>> will make good on the promise that he’s a master negotiator. Perhaps he’ll bargain his way out this mess.
Right. You knew he was a snake when you took him in.
Or sho…
What a welcoming nation --- alongside the Jewish immigrant, the author of America was gay. @MJG, not sure your attempt to bait via saluting is gonna work today.
Good ol' Rockwell
https://scontent.fbos1-2.fna.fbcdn.net/v/t1.0-9/36641707_1021150228…
It is somehow so American to look backward and fantasize in excelsis about purity of motive, courage, singlemindedness, and all similar.
No wonder so much of the rest of the world thinks we are still adolescents, and, now with the new guy, destine…
Unless you are a BoA customer with like $302 in checking and $11 in savings, the kind banks love to gouge, you sure as hell should not be paying a cent to xfer moneys. Sez me.
You yourself should have or be able to get zelle for free, no charge, no…
wtf are you talking about? That hardworking buckeye's wealth is the opposite of obscene, and of course in the grand plutocratic scheme is a mere large drop.
https://www.forbes.com/sites/luisakroll/2016/12/12/americas-richest-entrepreneurs-under-40…
This is thorough and helpful, so I owe you a Charlie card, at least.
I bet I have missed the 75% bonus in my delving, as we are (I think) Platinum Honors / Preferred blah blah, or so I believe; they do not make it easy for the indolent.
I like AC…
