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
PRESSmUP
The last week has been good preparation for playoff pressures....nicely done Tito.
I believe the markets have determined that either Trump won’t move forward with these inadvisable tariffs, or won’t be around long enough to see them enacted.
@PRESSmUP- That print version article notes that Rob Porter, recently dismissed from the White House because of allegations of spousal abuse, was one of the major players involved in offsetting the "let's have a trade war" contingent. The WSJ artic…
Tech and bio's would be high cotton for POAGX, but + 3.93% for the day is something I've not seen before for this fund. I suppose it helps that your largest holding was up almost 22% for the day.
As much as you can love a fund company, I just love…
A key quote from the article:
"If President Trump puts in place steel and aluminum tariffs recommended by the Commerce Department, his administration will be crossing an unspoken line in the sand no country has crossed since World War II…once the U…
Trump's current tweet:
"When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and the…
If you are a retiree and think it is prudent to have 1-5 year piece of your investments in a rather safe place for annual or emergency needs, how are you positioning this money? Suggestions or opinions appreciated.
Bobpa...my bucket#1 is currently a…
Very interesting manager comments. This is NTF at Schwab.
The tax efficiency points to an IRA as a suitable resting spot, perhaps best paired with VWINX when I get to the point of needed simplification. These plus a companion of TAIFX in a taxable…
It will be interesting to see how the market performs tomorrow. I was about to say, it would be interesting to see how the morning goes, but anymore that doesn't have anything to do with what happens later in the day.
We closed at the low of the da…
Sometimes I just shake my head in wonder. The same people cheering for the removal of regulations governing pay day lenders are likely the same team who argued against requiring a financial adviser to do what's in the best interest of their client.
…
All of those, plus Leroy Kelly were the exact players I grew up with. Of course, that was on the radio, and only rarely on TV as I recall.
That's odd when I think about it. The pro teams and even college teams back then, were rarely on TV.
When the Browns make the Super Bowl, I fully expect the market to collapse along with the global banking system and general law and order around the world.
Certain bonds may struggle as rates rise, but any near-term shortfall will be recouped during the next recession in 2019-20, as the Fed backs down in response.
Appreciate the comments and insights! Thx!!
It's sometimes hard to accept SIGNIFICANT under performance. The 98th percentile in 2017 and early 2018 does not make a trend, but should it not raise "some" concern going forward???
Does it not warran…
I made several moves today:
-Trimmed POAGX. I know that this is a violation of the rule of "let your winners run", but it hit the dollar threshold where my rules say to take some profit. Oh well...the proceeds go to this year's spend bucket.
-Esta…
Thanks. It does sound very similar.
My doc at the Clinic was very animated in his animus towards insurance carriers and the ACA. He indicated that his team spends an inordinate amount of time in trying to gain coverage for patients for situations …
@Press, I was sorry to read about that high deductible but am really v sorry about the med required, christ, and hope your investments catch friggin' fire next year. Man.
As a noteworthy follow-up...my (nationally recognized) retina specialist fro…
Trumpcare...Making America Great Again.
To answer your question Catch regarding rate changes, my premium went up from $625 to $725, with a similar $7350 deductible. This isn't too bad, until I factor in the minor detail that my new plan doesn't cov…
I've only been in a similar environment once before, and one of the most amazing things I observed was that the stars were different colors. Yes, I'd heard of red giants, etc, but I had never seen this with my own eyes. I'll never forget it.
I too …
Personally, I think the bitcoin phenomena fits nicely into the #1 position as catalyst for the next unwinding when the bubble pops and people run for the exits.
Just my opinion, of course.
Seems like there may be a groundswell for business owners to reconfigure towards pass-throughs...more loopholes /benefits for the wealthy & corporations who can afford to hire accountants.
https://www.wsj.com/articles/for-pass-through-businesse…
I was hoping that the value stocks to include divi payers would have a follow-on bump, but that seemed to be selective. Muni's seemed to rally a bit...not sure what to make of that within the overall bond question. It appears that the next few weeks…