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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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rono

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rono
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  • Hi Lewis, I'm good with the inheritance taxes but feel the 'exemption' should be somewhere between $1M-5M. Above that, tax it for sure, but again, don't go overboard. Damnit, the gov't always overshoots - both parties, etc. Hell, look at Califor…
    in Wealth Tax Comment by rono November 2019
  • Howdy, I don't have that much of a problem with the inheritance tax or any other marginal tax rates SO LONG THAT THEY ARE REASONABLE. They must be or you'll stifle innovation, etc. I still see the problem is with the incidence of taxation (an…
    in Wealth Tax Comment by rono November 2019
  • go gophers
    in Wealth Tax Comment by rono November 2019
  • Howdy, Yeah, it's getting crazier and crazier every day. Someone else made the statement that for the very first time they really wanted to hear what John Bolton had to say. ;-) Even the Mooch was on this morning saying that Donnie is bat shit …
  • Howdy folks, First off, let's go back to the Elder Baron Rothschild who stated many, many years ago, that to keep your wealth safe one should have 1/3 in securities, 1/3 in real estate and 1/3 in rare art. You can define your own 'rare art', but i…
  • Howdy folks, Love reading your thoughts. I'm staying in a rope-a-dope with my heavy parking place at Price RPSIX. Still riding my momentum play in the junior silver miners, but standing pat as things resolve themselves. I still really like stock…
  • Howdy folks, Geez, it's been looking like this for months and months. If it walks like a duck . . . Do NOT let them play you. Set your goals and objectives, select your asset allocation and sit this out. and so it goes, peace, rono
  • Howdy, Watch him flip. just saying and so it goes, peace, rono
  • Howdy, We've known for years how campaign contributions distort the political process. Now we're seeing it firsthand in the media. We talk about FOX and MSNBC each being biased in their own way. How about local stations? I've been noticing th…
  • Howdy, Ted. Dan. Stop it. and so it goes, peace, rono
  • Howdy folks, Boeing is the latest poster child for how NOT to deal with a problem. From the beginning, they blamed the victims. If I recall, it was a very racist attack on 'those' pilots not being trained properly. Seriously?!? Now it's appar…
  • Howdy folks, As of this time, the house will impeach and the senate will not convict. Whether or not they will convict should have no bearing on the house impeachment proceedings. The interesting thing about impeachment is that it goes to a dif…
  • Howdy, By raising cash, in my case, at price, it's either to my sweep account or Spectrum Income which I like as a parking place. Is this a perfect 'wall of worry'? Sure. It's also a perfect growth medium for the blackest of swans. feh. rono's…
    in raising cash Comment by rono August 2019
  • Howdy, As noted in an earlier post, I started a momentum play in the metals as week or so back. I am particularly riding the junior silver miners as that's where the most leverage is from my perspective. As I type, we're breaking resistance at …
  • Howdy, A couple of attractive names but I'm with Lewis and Mark. No company is immune from failure over time. This smells like talking heads. and so it goes, peace, rono
  • Howdy folks, The Chinese do not want to lose face. The Fed raising rates 25 bps, gave Trump cover to raise the tariffs on the Chinese. They must respond or lose face. Weaponizing the currency and stopping the purchase of Roundup ready Soybeans…
  • Howdy folks, Couple of points for clarification. I am NOT 'going to the mattresses' with my play in the metals. My play is strictly a momentum play. That's all. My canaries started singing and I checked the pictures and decided to see if there…
  • Howdy folks, Yeah, this has been an ongoing battle for years and it's brutal tough for the moderators to continue to allow pertinent [read: marking impacting] discussion while disallowing political discussions. Correct me if I'm wrong, but this…
  • alas, RIP rono
    in Deb Walters Comment by rono July 2019
  • Howdy folks, Huge issue and made worse by social media's positive feedback loop. That said, there are those people that simply want a 'answer' or something/someone they can blame. Geez, look around you at the Trump supporters you know. How many …
    in Fake News Comment by rono May 2019
  • Howdy folks, That vast majority of any sort of additional tax on goods and services will always be reflected in the price. As mentioned, raise the tariff by 25% and not only will those goods reflect that in their price, but the rest of the market …
  • Hi folks, Saw him on CNBC the other day and he's spot on. One thing I really want to insist upon is that it is MANDATORY to have both universal education and universal health care for every man woman and child if you want to capitalism to work. …
  • Hi Mark, Let's hope. While I despise the man, when a dog something good, you give him a treat. Yesterday, he told everyone to get their measles vaccination. Here you go Donnie, have a pig ear. Hopefully, his trade with China will work out fo…
  • Howdy, Crash is spot on. I'm not in favor of a penalty tax on the rich. Terrible policy. However, I would like for them to pay their fair share - and the corporations. It's not the tax rate, it's the right-offs and deductions that results in a …
  • Howdy, I've heard nothing and don't really follow it that closely. Nick Ward did declare and I feel it's a mistake, but WTF do I know? He started to go last year and withdrew but he's signed with and agent. Cassius is staying. After their tour…
  • Hi Derf, Things are getting better although we've got ways to go. New interim pres is an academic and most of the rot on the board is gone. Hopefully, they'll convict Simons as that should be quite cathartic. The other two are toast. I firm…
  • Howdy, And my Spartans got killed. Alas. Wait until next year. and so it goes, peace, rono
  • Howdy, The incidence of taxation is, and has been, essentially a flat line sinking to about zero at BOTH the high and low ends. At the very low end people pay zero taxes while at the upper end it's the same thing. I am not, however, in favor of …
  • Hi Mike, Hope you're doing well. It's been a rough year for us Spartans - Nassar, the athletic department, Dantonio and Izzo. We could use a win. Hell, when it first broke, my letter called for Luanna and Hollis to be fired 'with extreme prej…
  • Howdy folks, What I still fail to understand is the pure arrogance of the management at Boeing. From the beginning they blamed the pilots in a - shall we say, most condescending manner. Sorry but saying RTFM to the relatives of several hundred de…
  • Howdy, My bracket is trash but my Spartans are still dancing. https://www.bing.com/images/search?view=detailV2&ccid=248/Csyu&id=763CC991D02F34FEC9F8DBE638A67601C3B34F76&thid=OIP.248_CsyuoZXIneKHDaehGQHaF7&mediaurl…
  • Howdy, WTF can I say?!? Go GREEN. and so it goes, peace, sparty rono
  • Howdy, Whelp, I guess I've known the both of you at least as long as anyone around these parts . . . chill TF out. Life is too short for utter bullshit and not only do you two NOT have the time, none of us do either. thanks, and so it goes, pea…
  • Howdy folks, I saw this the other day on fb and was very impressed. Pretty much sums it up. And so it goes, peace, rono
  • Howdy, Had to join the fun. Airplane idiot but in this case, it's more about how does a company respond to a problem and Boeing is now in a class by themselves as one of the worst cases of problem mismanagement I've ever seen. From the beginnin…
  • Howdy, Geez, Donnie can't forgive a slight (thumbs down on Obamacare repeal) to the extent he still has to carry on the fight with a dead person. Are you sh*tting me?!? I shared this postie on my FB page. https://www.facebook.com/MeanwhileinCa…
  • concur, and so it goes, peace, rono
  • Howdy again, As for market strategy? No change. Still cautious in a conservative allocation with extra cash for buying ops. peace, rono
  • Howdy folks, I still want to market Hair Extinguisher . . . give it as a gift to all your friends and relatives with their hair on fire over something or other. Manafort will very likely die in jail. The Southern District will give him a longer s…
  • Hi Hank, So much of what is wrong with corporate America is the untoward stress placed upon short term metrics. Honoring warranties and demonstrating corporate good will and customer relations hurt the short term bottom line. [feh, for that matt…