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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Anna
That is Pepper, my cocker waiting for the mailman.
This might be long. On Election Day 2000, on my way to work, at 5AM, in the dark, I was in a car wreck that crippled me. A 19 year old kid fell asleep at the wheel, crossed the line on the highway, and hit me head on. It's spilt milk now for everyon…
Yes scott, I wish the entire thing would dump, drown in a bath tub, flush and wring out. Of course, I have too much cash at the moment so I'm a bit biased.
Yea, Max, I agree. So MFO, let's all join hands and sing:
http://dannyschmidt.com/lyr_cliffsongLGS.html
CLIFF SONG
A part of her lives in a room in her head
And part of her lives wild in the woods
I wanted to make love to both parts at once
But a p…
I ended up pulling up the full pdf report and it discusses Medicare and Medicaid but not private insurance. Even so it doesn't look like they include medical as either a cost or an asset. Can any of you tell whether medical expenses and insurance …
It helps to be a little mathematically inclined. After that decisions depend on your priorities. My priority was to smooth the income impact to my husband if something happened to me. My benefits are best by far but I can't pass 100% to him. By dela…
Reply to @VintageFreak:
FBI.
Here's the sort of thing I get from a google:
"Attorney General Eric Holder and FBI Director Robert Mueller are facing mounting questions over why they neglected to tell the rest of the Obama administration about the in…
Waaaa.....
Na, they are raising cash for their new taxes. (Just teasing.) Funny thing is that I don't see any way for the tax debate to be resolved away from status quo.
Well, since older people don't seem to be or to want to be good stakeholders in tomorrow, I support turning the world over to these youngsters; the sooner the better. I've met many of them coming into the workplace as I was getting on to retirement.…
Reply to @MJG: Ummm, Well actually the field I profess to not understand is the economy part of econometric endeavor (including finance). I actually spent much of my life in the modeling. As I said, because I am a scientist I understand physical pro…
I guess theoretically, since it was Fed stuff, they could retire the serial numbers but someone would be a bit stuck. Maybe if they retire the numbers and notify the banks, the bank will let you know that you didn't have any money in that deposit en…
Reply to @MJG: Well, I'm on my way to nite-nite (old lady thing) but I did read the opening few paragraphs. Cute but I'm predicting no hot potatoes. It reminded me of a similar problem/ramble:
http://www.au.af.mil/info-ops/iosphere/iosphere_summer06…
Reply to @MJG: Many investors abandoned the equity marketplace near the bottom of the last downturn, and have never returned. Historically they leave at the wrong time, and are late to the rally party.
Could there be another similar class of invest…
Yea catch but it's better than what it probably will be a couple of years from now. It may be inadequate but only if your dementia is not well advanced so that you can chain shop.
Better just to ignore and get a real bucket for some of your gold. L…
It breaks my heart to see the integrity of the hard working civil servants/statisticians at BLS called into question. I wonder if any of these guys ever bothered to read a monthly report. BLS is very careful to explain the error in the monthly measu…
Reply to @Old_Joe: I don't know if Amazon works like a dime store but my husband said that years ago when he had a Christmas gig in a dime store they would have to mark up the items going on sale so that the "sale" price was no different from the pr…
I will welcome a good decline in prices (unless it is permanent). If that decline happens I will have made that last ferry. I will have been stuck on Ocracoke for a long, long time awaiting that ferrry though.
When I asked myself the same question back after the turn of the century crash, I plotted Fidelity offerings in my husbands 401k and ended up with FSICX. It showed minimal damage during that type of downturn. But the type of downturn we had in 2007…
As I prepared to transfer some of my more recent savings into a CD at Pentagon Federal Credit Union I couldn't help thinking about all those retirees that keep essentially all their savings in traditional bank products. I think most people who retir…
Reply to @Accipiter: "But I didn't have the pleasure of using paper tapes or or toggle switches to code...."
Ah, you are deprived indeed. Don't tell me - no pdp-8; no LSI; no PET; surely a bit of wire-wrapping your own.
The good old days, indeed. …
Reply to @rono:
1. When you wish upon a star.... I don't think the Fed really wanted to do this. They previously said there wasn't much Fed action could do and begged for help from fiscal policy. Demand side help will not come. For some reason our …
Ah, we tap danced around this before. Some of us oldsters are practiced for the Age of Aquarius already.
The good new is that the importance of the election is totally preempted by this news.
I'm seeing ⒲ then a down-arrow. Shouldn't it be an up-arrow? (Between avatar and username).
Sorry for duplicate. I thought the other one in the test thread didn't post.
MJG,
Of course, studying correlations for short periods of time is what it is - riddled with problems. It's not a good data base. The last two Presidents are good examples. They share a similar first year economically - a falling stock market that o…
Do you have a copy of Mike Kimel's book "Presimetrics". You seem to like data associated with combinations of executive and legislative. Kimel's book has a lot of such stats.
Reply to @Accipiter: But seriously isn't there a quote "If you can remember the 60's you weren't really there"
Ah, therein lies the rub. I have been trying to figure out just where I was. I thought I was there to see it because I was a space junki…
Yea, I'm old and from a generation that is still touched by the national anthem, thought the American love affair with science would never end, and worships the dirt beneath my feet that used to be American dirt. I don't know who the dirt belongs to…
Reply to @fundalarm: "would be funny if he indeed finds outside investors."
This does sort of remind me of people sent to jail. They say recidivism is high and jail has little affect on their chosen career path. Mr. Corzine's investors might not fi…