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.
Bloodbath today. Aug 1, '24. Not the day to do anything. Watching yield on MMF.
EDIT TO ADD: Acceptable yield on SNVXX is on "thin ice." Time to sell-out and transfer the $$$ into Weitz Core Plus Bond, WCPNX. I hold big slugs of (junk) bonds in the …
Trump, Cruz, Vance for religion? I hasten to mention ...ummmm... that they are frauds, crazies, and they are some of the best examples of how to MIS-represent religion. Same with House Speaker, Johnson. (Gulp.)
"Not being religious, it makes me sick some would have the Bible taught in public schools - just one symbol for all the other religious based crap they’d seek to impose."
Yes, we do not want a theocracy. I can recall a deliberately provocative text…
Took a bit of "cash" in MMF to buy a handful of ET shares. It's been falling a bit. Earnings release on Aug 7th, '24. Div. ex-date on Aug. 09. Energy Transfer, LP. ... PRCFX is on the radar screen, but in the back seat, still.
Ditto. Learn the jargon, become familiar with the specialized, goofy terminology. Once you know enough to make a plan, do it slowly, grow it little by little. Stick to your plan, but never lock yourself into something while circumstances all around …
Those sorts of "Christians," who actually entertain and even support a Trump Presidency, are what gives Christianity such a black eye in the arena of public perception. Trump is a childish, selfish dolt, and so are those evangelical types who adore …
26 July.
Mid-cap banks on fire, past 3 weeks.
Larry Summers is high on the prospect of a Harris Presidency. He says Harris' previous push for Medicare For All is not a thing to be expected, any longer. (Bernie and AOC would have a thing or two to…
26 July, 2024:
https://www.bloomberg.com/news/videos/2024-07-26/bloomberg-real-yield-07-26-2024
TCW's Bryan Whalen: you're not getting compensated to be in junk, given the spread with I.G. Of course, one must slice the bologna a bit thinner than th…
@Crash
Neither of the major Party candidates will get my vote this time, anyhow.
What other choices do you have in HI?
Thank you.
My primary ballot is already counted and registered. In Nov, there's Harris, Trump, Kennedy, West, Stein. Assuming th…
similar things could be said about the party of FDR, Truman, and JFK….unifiers, not “identity politics.” But I know you would disagree! Trump also appears to have won over more “classically non-Republican” voters (union members—NOT union leaders, mi…
...There was a stench in that room.
You said it.
But I've not seen a decent explanation about this item in particular: before Biden left the race, there was to be a pre-convention "virtual roll-call" to pre-nominate him, in order to get "in" under…
Did not watch. Apart from the genocide in Palestine, I have the highest regard for Joe. I knew ahead of time that he would be gracious and sincere. Even re: Palestine, I still do not doubt that Joe is convinced he's doing the right thing. Ethics mat…
AT&T shareholders are basking in the limelight today. When's the last time THAT's ever happened?
I wonder how much of AT&T is still devoted to their old, core, legacy phone (and more recently, internet) business? I read your post, and notice…
@FD1000 And when you can't get the scumbags to either answer the phone OR return messages??????? That is MY Schwab-World experience. I could go downtown to the office, and deal with a RECEPTIONIST. And where would THAT get me?
@Crash, not questioning the plan, but say, if you don't have enough income to pay any taxes, and if you or your wife had some work income during the year, wouldn't that be an ideal situation to convert T IRA money to a Roth? In fact, as a retired se…
Yes, I understand. EL BIG-O SUCK-O. As for ME: no one at the local office returned my calls, so I stopped trying. Too much work now, and too soon, to switch to a different brokerage. But as for service: they were all glad-handing me, and could not …
@msf. @catch22
Hello, guys. For several years after retirement, wifey's salary served to fund my T-IRA. We just chose to throw the $$$ into my IRA instead of hers. Mine is much more substantial. Then some life changes made funding ANY T-IRA impract…
Why does the dog wag its tail?
Because a dog is smarter than its tail.
If the tail were smarter, it would wag the dog.
Content has ceased to matter. Just wow them with your presentation. They'll swallow anything. Hell, they'll buy anything. Razors …
@Crash You stated:
NOT adding to the IRA, because the "contributions" would be non-deductible. So, I'm focused on the taxable side, and there is much more freedom of choice over there, too
Are you suggesting that your 'taxable' Schwab account(s) h…
My dream. Political elections are limited to 6 months. This 2-4 years before the election is BS IMHO. Everything is done in 6 months, no campaigning for years and years raising money, causing disruptions and all the other crap that goes along wit…
3 or 4 or 5 just feels itchy and too concentrated for my own sensibilities. And my own Big Picture these days includes NOT adding to the IRA, because the "contributions" would be non-deductible. So, I'm focused on the taxable side, and there is much…
I voted in MA for many years. Open primary. Advocates of a closed Primary can point to a single, diabolical prospect to defend the closed system: anyone from the other Party could ask for the opposing Party's ballot and deliberately vote for an oppo…
That pre-convention roll call? Wasn't that supposed to head-off the snafu about not getting the name on the Ohio ballot before their State cut-off date? But the Ohio Gov. extended the date. So, what's with this pre-convention vote, now? Reminds me o…
