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.
@FD1000. Thanks for your response. I don’t know how to share links but you might check out The Atlantic,,, July 12th. A Decidedly non emotional and not dramatic article “ Trump Might Not Want to Relinquish Power” by Graham Allison. All I will sa…
Thanks for your comments everyone . I
Beat the yahoo extortion by getting help from YEXT.. I think they work with yahoo. Apple eventually removed the link to my home. Perhaps because I have too much time I discovered that the same unlicensed rep…
FPACX is a ridiculously expensive place to hold cash. And perhaps an expensive place to hold everything else Mr. Romick invests in. That being said,Mr.Romick is a smart dude who is very risk adverse. I left him long ago but he is doing fine without…
Ted. Thanks for sharing this. It may be the important link you have ever posted in terms of true, long term significance. When the history of the last two years is written ( and I was a graduate student in America history) the big plot line will be …
Broadly speaking Bogleheads have trained themselves not to think very broadly about anything. It's a totally one size fits all philosophy and any deviation from the orthodoxy is frowned upon in the plainest language. My favorite BH hypocrisy is tha…
@DavidMoran. Hi David. I was not thinking about the market drop as fishy. I was speaking of the absurd one day rally. And I meant "something else." And no I am not some conspiracy nut. Yesterday just was too off to be just another day
@davidMoran. The link about moron on the beach in Mexico might be the story of the day. Where is the linkster when we need him? Anyone remember the Seinfeld episode when George does the exact opposite of what common sense would dictate? That is thi…
Big fan of Mr. Carlson. Not expecting him to use words like "massacred, slaughtered, panicked and shellshocked." Strong language from a very level headed writer. Even when he puts recent market results into context of the big picture which is total…
He is a nationalist. He told us so. Much of his support comes from the community of haters. These folks could care less about the GDP..Hell, the president gets all he needs to know from the state TV network. The modern repuglican party plan is based…
There are 3007 counties in the lower 48. I suppose that might come out to two sickly tired and hungry refugees per county If 6014 of them make here. My bet is the repuglican national committee organized and paid for the caravan because they have be…
@BennyB. It's a bummer to be sure but we knew we were approaching RMD time at peak market. And yet I feel so self centered muttering about paper loses in light of this mornings events. Funny how the guys rantings sound so much like that of the repug…
@Hank. 2019 will be my first RMD. Just retired end of quarter 3.. At this point in life it sure looks different than in the accumulation years. Oddly enough my October paper loses equal exactly the dollar amount I will need to withdraw in 2019. Whe…
@Hank. At times like these I ponder measuring movement in dollars vs %. This morning I noted our portfolio is down 1.9% since the start of the quarter. Of course I can't spend % at the store. I need $$$$. The raw number of dollars seems much more se…
@AndyJ. Agree 100% with your first paragraph. Not at all with the second. I have a notoriously short attention span and enjoyed the playoffs very much. I would not mind a pitch clock. And although I rarely agree with Ted,,,,the batting gloves are …
I am pulling for the Sox,,, But mostly pulling for it to go seven. The play offs have been a great way to avoid watching, listening or thinking about the news. Baseball is certainly more American than what passes for our government in Washington.
We have owned THOPX in the distant past and in recent years, missing it's period of poor performance by blind luck. It's performance of late has been outstanding. M* has long questioned the small team at Thompson and has expressed doubts but it's ra…
Thanks for the good wishes guys.. actually I have been at 30% equity for quite a while. My wife and I exchanged Apple watches as retirement gifts and it's all good. It will be weird not being a saver,,,,
QUESTION: How many new posting here are links? And how many are members posting a question for the group or a topic for discussion? Of course we all know the answer.Its almost all links from the linkster. I for one also frequently check out the Bogl…
The problem with the links,imho,,,is not the format, or even the quality of them. It is just the raw quantity of them. Call it visual pollution if you will. Just too many of them. If a board member wanted to actually start a discussion about a mutua…
Why not ban links for two weeks and see what we really have here? I bet the number of real discussions will slowly increase. Yes,,,there will still be rants about politics and M* but the sheer bulk of discussionless links will disappear and perhaps …
@ old_skeet. By your definition of Treason,,,,,,trump is quilty of Treason by betraying his wife, his country by his relationship to Putin and humanity,by stealing children. If by publishing the piece a few clueless repuglicans opened their eyes for…
@davidrmoran. The SDS might not have been so effective,,,,, whatever that means, but I am sure they considered themselves as the vanguard of something bigger. The fact remains that our generation did mobilize in very large numbers against the war an…
@Hank."interrogation in the white house." Think of the great scene in my favorite novel, The Caine Mutiny, when Capt Queeg( trump) ordered the interrogation of the entire crew, searching for who ate the missing strawberries. Madness at 1600. Orange …
@DavidrMoran. "You don't need a weather man to know which way the wind blows." But was he in the weather underground,,,, the SDS faction that meant business?
I am an old guy and I have been known to repeat things but it is worth repeating. When historians write about this grotesque time in American history this big question will be who to blame for risking our democracy? Will it be the repuglican voters …
@MikeM. Scary indeed. If you don't begrudge those who voted for trump,,,your words,,,,, how do you feel about those how support the party that keep him in power? Or put another way,,,the repuglicans and their voters are all that are keeping him out …
@LewisBraham. Very solid post in my opinion. I am effectively retired as of 9/1/18. With above average S.S. , a paid for home and a substantial portfolio.. luckier than most. And who knows what the future might hold? I can't imagine how the masses w…
@DavidrMoran. Hey,,,,, it's a subject that is on my mind right now. I will be turning 70.5 next year,,,, I was pointing up his hypocrisy... I also understand that the elite don't need the money and would be happy to let it grow tax deferred. Regular…
