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PRESSmUP
The last week has been good preparation for playoff pressures....nicely done Tito.
If you believe the stock market follows trends, that's a very informative article.
Bear markets occur about twice each decade, and the longest gap between these occurring is 8 years. We're on year 6 since the last.
Trump announced that as soon as he's done bringing coal jobs back, he plans to get Fotomat workers back to developing film.
Buggywhips Amalgomated is awaiting further word.
When a local watering hole had run out of my usual and standard Macallan 12, they poured a Laphroaig. Now, I can't be sure it was the 10 year cask strength, but the characteristics would be similar.
It was way too peaty for me, with a medicinal bit…
I noticed that Pin Oak Equity (POGSX) shows up on several of these lists. If you wonder why it has just over $220M in assets, just pull a chart from the late 90's to today. I owned that, plus White Oak, after falling for the Oelschlager Oak Associat…
Here's a black swan which is very real....in about a month we face a government shut-down as a result of a showdown over the budget and the debt. I'm not sure where the cooler heads are which may prevent that.
Thank you bee. I did ask the adviser at Schwab (when I opened the IRA) if I could keep closed funds from my 401k and the answer I got back was no. Maybe I didn't ask the question correctly. But basically I transferred all 401k money to a sweep acoun…
Bee...the holdings were interesting, but perhaps equally interesting was the percentage the top holdings held in the portfolio...anywhere from 61% to the low single digits.
That's quite a variance in concentration.
I should also add it's not so much the size of your nest egg that counts in retirement as it is the amount of your expenses. No debt should be a given. I sure wish MFO had more retirement discussions
That sounds like an excellent suggestion. I sec…
I remain confused as to where her sweet spot may lie as compared to the Grandeur Peak and Seafarer portfolios. It might help if there were greater clarity from Ms. Geritz. I would think she would be amenable, if not eager for a conference call with …
@PRESSmUP- Just been there and done that. If you haven't yet purchased your new sink, we found this one to be very high quality 16 guage S/S (nothing like the crap at Home Depot or Lowes), and at a price that no one could match locally. We've used i…
VF...this saga is painful. But, as a frequent visitor to Vegas, I can tell you that there is no such thing as "house money".
Winnings beyond your original buy-in are not house money... it's YOUR money.
Deleted post. I am old, single, debt free, live in rural America, and have more than enough for future needs so my holdings (now down to just two) would have little value to anyone else.
Junkster....those of us who are old, single, debt free an…
VDIGX
VPMAX / VPCCX / VHCAX (I'm going to call that one investment)
VWIUX
If I were to include the 401(k), an S&P 500 fund would come in second, with RERFX, company stock, and (different company) stock options making strong showings.
Stock opt…
A frequently held view is that pairing a good EM equity fund such as SFGIX with an EM bond fund such as TGINX is a good conservative play for the EM space.
I also found Josh Peters to be a great resource when building my income sleeve many years ago. His book is a good tool for someone wanting to begin building an income portfolio, The Ultimate Dividend Playbook.
Similar to Mark, I find Seeking Alpha…
Have to say I'm like @AndyJ. Only MAPIX remains in my portfolio and Asia no longer feels like the go-go region it was 25 years ago. Seafarer and Grandeur Peak got my Matthews dough.
Similarly, I swapped MACSX for Seafarer...and also found a place fo…
For me, the answers would vary if you would delineate between taxable accounts and IRA. As I have only one holding shared by the 2 accounts, that would naturally be the highest percentage in my portfolio...and that is RPMGX at about 5.75% of the tot…
Not quite sure I follow, but I did understand the last part....just buy $100 worth.
I have quite a few funds in both taxable and IRA, but with only 1 fund in both...RPMGX, in my mind the best fund I've ever owned. Looking for more, simply for conso…
VF...I agree with you in regards to the FMI fund, but that raises a question for me. If I own FMIJX in an IRA (which I do), once it closes to new investors would I be prohibited from buying in a taxable account under the same brokerage umbrella?
Well, the CBO score is now available.
As a 62 year old, I along with other pre-Medicare seniors have a very specific question. Even if I can afford premiums which may be higher than what the current exchanges may now have, what will the available p…
Ted linked an interesting, though mis-titled article this morning..."Beat the Wealth-Effect Trap". It discusses where we are in this business cycle in a manner very much related to this thread.
As summarized in this excerpt, "At high prices, where …
Re-reading the last commentary on Laura Geritz and her new venture, the description for her fund suggests it would be a bit higher in market cap than Grandeur Peak...according to GP president Eric Huefner. But when I look at the the fund she managed…
Reading about her past fund management performance, it will be interesting to see how she positions the offering as compared to the GP funds and that of Seafarer.
Just like Kansas is the laboratory for GOP fiscal ideas, Texas serves the same purpose for testing healthcare market notions, such as restricting access for prenatal healthcare. Texas now has the country's highest maternal death rate, and even highe…
MSF...glad you're doing better, but I noted your comment as to how the ACA "impaired your choice of treatments" for a serious condition. Without being overly specific, can you describe what and how this happened? Other than drugs outside of a specif…
I've been on vacation for the last week, so maybe I've missed why this "severe moderation" is needed, particularly for off topic posts. Did I miss something exciting?
I've noticed that this sector hasn't been discussed on this board for several months due to Hillary's 2015 tweet and continued possible government intervention in this sector. I've also noticed that Health Care funds have received "a shot in the ar…
Fairholme's bets on Fannie and Freddie reminds me of Sequoia's bet on Valeant.
Sorry, but the situation is different here. Fannie and Freddie are profitable companies.
Yes, and the final outcome has not yet been determined.
I read the NYT's and Washington Post by subscription online via my trusted iPad, one of my best purchases of the last 5 years, and then the Wall Street Journal, hard copy. As an FYI...as a person with vision challenges, an iPad is the best and most …
