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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davidrmoran : No need to send billing, it's the amount that caught my attention!
Ted thanks for posting the article. I just looked back & see they have updated the piece.
That update paints the picture a little more clear. Thanks to those that posted info or questions.
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ARRISBURG — A Democratic candidate for governor on Tuesday proposed a temporary tax on the sale of stocks and bonds to generate money to reduce Pennsylvania's $49 billion liability for state and school retirees' pension funds.
Suggest that the tax a…
Reply to @Charles: Charles, make sure you watch video on Phantom shares, from bee. It makes me want to throw my hands in the air & holler !!!!!!
Also I've read in prospectus that some funds allow their shares to be borrowed & used for short…
Reply to @Old_Skeet: Thanks for the lengthy reply. I got a kick out of the racing comment. It applies to me also as I've been known to lay a bet or two on the puppies via the OTB. Next up I'll take a little time & see how you have divided your …
Reply to @Old_Skeet: Good morning: I follow your posts & a few questions if I may. How long have you divided your assets this way? About what % do you keep in each one?
Lastly,do you use a stop lose point to control your assets when the market…
David: thanks for your time on this one down day exam of some of the funds talked about on MFO. I was wondering what 4-5 days of down turn would show ? Hopefully it will be sometime in the distant future!
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Reply to @scott: American Tower (AMT) and other cell tower companies continue to do well, although Google is now providing internet using balloons.
Scott, balloons, like weather ?
Than…
Can anyone tell me at what % there pension is funded at ? I recently found that mine dipped below the 80% mark. Meaning it's time to figure out a plan in which to get it above 80% !
I for one can't believe it took this long for someone to act, a…
Outflows have continued this year at the Fairholme Fund, to the tune of about $90 million per month. And given past outflows, the fund's reopening is no guarantee that inflows will resume.
Hrux: Now that you have your portfolio set, could or would you fill me in on the lending club as mentioned above. I believe someone else was interested also, at a previous mention (lending club) by yourself. My last read went into something of this…
Just finished reading, The alternative answer: the nontraditional investments that drive the world's best performing portfolios. Bob Rice author. Short read for the number of ideas put forth. More for someone who has extra cash to use & with…
Bee a question if I may? Did you get hit with short term buy -sell fee, usually 90 days? Taking only the profit left you in good standing, I take for granted.
Thanks for your time.
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