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.
Citizens United. Money = speech. Silly. ...Typo. You meant GOP. "Grand Old Party?" Nope. Not any more. No soul. No ethics. Grand Whore Party. Under the circumstances, yes, the Dems must play ball.
"So much money corrupting the entire process"
Gee, now that's new. I'm pretty sure the Greeks and Romans never had anything like that going on.
You get so accustomed to stuff, and then you take it for granted. It still sucks mightily, though.
So much money corrupting the entire process, regardless of Party.
https://www.cnbc.com/2024/07/22/live-updates-harris-democrats-biden-drops-out-trump-campaign.html
In the midst of all of this stuff, our all-mail Hawaii election apparatus is at work. Wife and I just received our (CLOSED Primary) ballots. Aug. 10th is the deadline to get them in and counted.
And if the heir is a spouse at least 10 years younger than the deceased, there is a particular, more generous draw-down table in the case of a T-IRA. Not sure about 401k or 403b.
https://irahelp.com/forum-post/77387-ira-spouse-beneficiary-withdrawal…
“How the Democratic Party came to the brink of nominating a candidate with an obvious flaw is a story of allies eager to look the other way, Biden advisers who worked to stamp out doubts about his vigor and a party apparatus that boxed out alternati…
Possibly relevant - How many different funds does a reasonably well diversified investor need?
One good ALLOCATION fund might be all that's necessary? But if one does meet with some measure of success in investing, diversification is the order of t…
I think it had to come, whether or not it's justified. There's a lot to admire about Joe. His unlimited military support for Israel isn't one of those things. I've seen polls that show Harris is not moving the needle in the Dems. favor, either. I ex…
I turn 70 this month, but have heirs in mind. I suppose I'm more aggressive than others would be at my age. Wife is almost 20 years younger. One grown son.
I don't want to add any more positions. Including "cash," I'm already at 11. Market right no…
...what do you mean “Energy Services” stocks? SLB and HAL (sorry for the ignorance), or pipelines/drilling stocks? Good point that increased supply will mean lower prices (good for consumer, arguably, but less good for energy stocks). Maybe energy t…
Good info, Charles. Ethics in investing is a high priority for me, though after so many years, I have found that the very means of investing at all--- capitalism--- makes the task supremely difficult. What's legally permitted and what's ethical are …
@Crash, I read the first paragraph in your post and could not progress to the rest of your post. I would appreciate it if you would not mind editing your post to conform to the request in the OP. I would use @yogibearbull as a guide for posting styl…
Collecting dividends. Not buying. Seems to me the best thing is to grow cash and buy on a pullback. No pullback? Fine with me. BCE Bell Canada held back 15% of divvie for Canada tax. I can live with it. (15 July.) Divvie was smaller than expected. M…
+1. By now, we are living through and witnessing the expedited dissolution of the country at the hands of entirely unethical politicians, "Judges" and their lackeys. There are no standards. The Rule of Law is just GONE.
There are not extreme enough words in the English language in order for me to express the depth of my disgust.SHE is his owned, feckless, criminal scum appointee.
Just read it. Thank you very much. My lawyer cousin advised me, from the Mainland: "you don't even need a Will, if you own no property. Just make your accounts are all joint. Keep your beneficiary current."
But State of Hawaii has legally inserted …
12 July, 2024:
https://www.bloomberg.com/news/videos/2024-07-12/bloomberg-real-yield-07-12-2024
Refused to load, at first. Had to turn off one of my (new) adblockers. Stinky poopy cruddy and fecal. But I swallowed hard and did it.
Wow. That blue …
12 July, '24:
Interesting: discussion of changes to Basel Arrangement coming. Kathryn Judge. (Columbia Law.)
Also, Economics Prof. from U of MD, Melissa Kearney, was quite interesting to hear. She's a key player in planning for the annual summertim…
quite right. And so Mr. Market overreacts to the upside. Whether positive or negative, Mr. Market remains unfamiliar with moderation in the face of the news.
OSTIX. Could do worse. .... The yield seems lean, given its category: junk bonds. I'm holding three such, and the yield is over 7%. Even so, Osterweis is solid.
TUHYX. PRCPX. FALN.
AMLP: now yer talkin.' But be aware (I suspect) that your parents …
5 year chart: SCHW up +101.63% (M*.)
If I were looking in that direction, I'd have no qualms about dollar-cost-averaging into it.
July 7: Charles Schwab upgraded to Outperform from Market Perform at Keefe Bruyette.
Glad to see Mr. Market rising. My holdings don't follow the crowd on most days, anyhow. Letting my winners run. They've been throttled back for way too long. PRFDX stands out. It's in the IRA. Hope @Derf is feeling better.
and i can find nothing i'm interested in that is not already too richly valued. been that way even before today's leap upward in my portfolio. surprised to see the indices were actually down. except djia.
...Added another baby bite to the "cash" position in Schwab MMF. Today might yet be a breakout day for the portfolio, after some doldrums, just drifting.
Sure, take out the engine of the world, and things will look different.
Value has been lagging for about 15 years now.
But one day.... :-)
I got one word fer yooz: PLASTICS. ...Ooops, wrong movie.
I got one word fer yooz--- in line with @rforno'…