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
Anna
That is Pepper, my cocker waiting for the mailman.
The last year of boomers turns 67 in 2031 giving them more than 10 year to accumulate savings. I don't know about you but, even with the 2000 and 2008 downturns I doubled my savings between 2000 and my retirement in 2010. I have a passion for number…
Maybe it is who we are as a culture or, maybe, a species. Do we really worry more about the wealthy and their businesses and farms (or the profit derived from them) than about food for the young?
At the minimum, don't you find it interesting that t…
That'll only get less than 13 of my commune buddies into the $569 seats. We don' like the cheaper ones. Maybe only send my husband and the rest of the border security watch crew. They like stuff like that and Canadian intrusion won't uptick too much…
Much to my surprise Vanguard emailed that they would issue me a 1099 at the end of February. They recently converted my account adding a brokerage account with zero dollars. For who knows what reason they insisted on doing this. The accounts they br…
Where I live the complaints of infiltration are of rich Canadians to the north and rich Californians to the south buying up all the property and raising the price of housing beyond the affordability of local workers. Canada, California - BUILD THAT …
What @rforno said. Back to the day of "the computer made me do it"; "the computer made the error"; "the computer says so"; and so forth. After the 90s people became sophisticated enough to realize "the computer" did whatever the human programmed it …
@hank: my great uncle (d. 1950's) owned a still-running GE refrigerator that was so old it earned him recognition from the company. I recall it sitting on legs an having a round refrigeration coil on top. It kept on running despite his demise.
Ah, t…
After playing with the calculator, I am confused. My husband's RMD has been straight forward since he was born in the first half of the year but I was born in the last month of the year. So I turned 70 in December 2018, will be 70.5 in June 2019 and…
If it's the truth, the facts, a direct quote from Twitter, etc., how is it "bashing"? Wouldn't it require a bit of innuendo to be considered bashing? If bashing is just hitting, it would seem to be a straightforward fair game.
GAWD, I'm ready for the criminal clown-show in Washington to end! I suppose the courts will have a lot to do with it. Dare I hope for an EARLY termination to the Trumpster's madness? The Emperor's wearing no clothes. Can the SENATE see that yet? YET…
I was wondering how TSP funds (target date) were doing ytd.
@ johnN : can you help me out as you're a TSP user?
Thanks , Derf
FedSmith site has the YTD summary in a chart a little less than half…
I turned 70 a few days ago. My SS increased 430% and I need it since, what with RMD and stuff, my taxes for 2019 are up 250% over what they were in 2018. As of Friday I was down 1.11% from high this year leaving .78% gain thus far this year. Holding…
I thought he may have been thinking of harvesting lingonberries. When I was staying in Umea, Sweden with some friends, they showed me a hand tool/rake they used to go under the trees in the forests to pick lingonberries. Here's a stand up type which…
When I graduated I landed a prestigious job that impressed everyone. My graduate advisor came in one day when no one else was around and said something to the effect that he admitted I was one of the smartest women he had met but, face it, the brigh…
The FED, champions of bond and CD purchasers and devils to loan speculators. Don't you imagine the market will just have a bit of a hissy fit and then resume the climb. I do wonder if part of the allure of small rates with inflation is a correction …
Makes me wonder how many trillion in "potential assets at retirement" are lost due to the billions (trillions?) that aren't invested in the first place. It puzzled me how many people I worked with did not save to the match much less saving more to t…
I wonder what the average net worth is in Medina, Washington? Both Jeff Bezos and Bill Gates live there?
The first hit on Google "median net worth Medina Washington gave:
https://www.point2homes.com/US/Neighborhood/WA/Medina-Demographics.html
Avera…
I will always think of Paulson as the guy who took a low paying job in order to enjoy helping initiate the demise of Social Security and Medicare but ended up initiating efforts to save his own lucrative job along with that of his private buddies.
