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.
Love life stories.
So, my Dad says to me, he says - "Gurl, yous too ugly to get yoreself a man, so you better get rich and buy one."
The rest is history.
I am dismayed that so many who consider themselves savvy investors seem to draw the line at investing in the future of the nation by producing a workforce skilled enough to compete. I too worked and paid for school but not without a little help from…
XOM will be a very profitable business longer than anyone reading this will be alive...enjoy
Can you say the same for Chevron? I've owned Texaco which became Chevron since about '85 and have seen peaks and valleys before.
bee, I would agree that RMD would seem to be for collection of taxes. But, the fact that RMD tax payment can't be used for Roth conversion when non-RMD tax payment can leads me to think that the policy is really to encourage both tax payment and spe…
My husband takes a on-patent name brand drug. The generic in-class alternative is a drug with dangerous metabolites and requires restricted diet. No plan should be able to substitute a generic (or cheaper) alternative when the active ingredient is a…
I do say things in shortcut (cast on one arm and one finger typing with other).
But I was making a mental analogy to the Whitehouse's angst with Social Security's file and suspend:
"The administration hasn't offered much elaboration, but a White Ho…
When you guys treat physical gold as though it has a value greater than paper are you implying that ultimately there are two totally independent pricing mechanisms hidden below the price? I guess I am thinking that if paper inflates the quantity of …
So I got my "guess what old lady you will soon be 66" form love letter from the local SSA office today. Instead of inviting me in for a celebration or for a human face signup they reminded me that I can do it on line.
Now should I grab the money an…
I'll delete this comment if deemed inappropriate or OT.
When I see things like this I am left wishing for schemes to create new prosperity instead of one more skimming idea.
Mark, that is the "cap" I spoke of. Many want it raised substantially; others want it eliminated; still others want it to remain to preserve the "workers" flavor. I think it is the 6th item in the chart but only because this solution was tooted to b…
Mark, #1 is only about 15 states have government employees that don't pay into SS
#2 is accomplished with the pay-in cap and the pay-out bend points; both could be adjusted and/or the former eliminated. Erosion of middle class support with means tes…
Hey guys, aren't these more apropos or news inclusive?
http://www.amazon.com/Giant-Microbes-Brain-Cell-Plush/dp/B000W6OS96/ref=pd_sim_t_3?ie=UTF8&refRID=1BHWHE64BCNGETM87CT6
I just got an email from Bank of America saying:
Bank of America is proud to bring our customers a new way to pay that's simple and convenient with a quick touch of your finger.
Coming in October, Apple Pay will enable Bank of America customers wit…
On the other hand I doubt that anything could "go viral" and attract a new and permanent audience for a web site if the web site didn't allow the content to be reposted elsewhere as full content and not just a link. It is my understanding that "goin…
@ MFO Members: Same cartoon direct from Scott Adams Website. Now, if I view it its OK, but if I link it, its a copywrite violation, of course not.
Ah, but you are stealing the "hits" from his web site and the possibility that someone might want t…
Tracfone and Kindle Fire fit my lifestyle better. However, I love to play with these things and want one of everything I see. B Ritholtz has the videos from yesterday (including iWatch):
Apple iPhone 6 and iPhone 6 Plus Videos
People should also be aware that inherited IRAs are no longer afforded bankruptcy protection per a Supreme Court ruling last week. Essentially the Court said they aren't "retirement money" if inherited. You can try to roll inherited IRAs over, but…
Perhaps the purpose of it all is the welfare of the species. What always mystifies me is that money/wealth/ownership takes over the purpose which would seem to mean that the welfare of the human species is not the purpose at all. (If that doesn't ma…
When I walk out on the playground at recess, I choose who I want to play with and who isn't my cup of play tea. When I log into the Internet, I choose who I give respect to and, yes, who I want to play with. It surprises me how on the Internet, as o…
Back in my youth, I was in a similar position and ended up with 403b's at both TIAA-CREF and Valic. Looking back years later, IMO you have only one choice and that is TIAA-CREF.