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.
At Crash. You say “the next election is no guarantee of change” I would suggest that the next election is not guaranteed to happen. Think about that. Let’s say the polling predictions indicate a 25 seat gain for the pro democracy movement. Thin…
I hate to sound like a broken record but what’s happening now is now normal politics. Not repugs vs dems, conservatives vs progressives. This is all about he who is openly seizing state power and tearing up the constitution vs the rule of law and …
Crash. My remarks were not about Israel but eddie’s absurd and historically anti semitic statements about Jews owning the US government. You completely missed the point. And where were H and H and the rest of the off topic cops?
@JD. In a previous life long long ago I was the sales manager of a dealership that sold German cars. When we were notified of price increases because of changes in currency the old price cars became full price cars. They were still cheaper at full…
Hey eddie,,, some people care about America,,, the rule of law and the constitution. Your market went up today cause the king backed off of the most damaging parts of his deranged economic policies. Today’s market has nothing to do with the rants …
Very fine people on both sides. No,,, not talking about Charlottesville. And it’s not true in The great American divide of 2025. Once upon a time you could find fine people in both sides. Today,, in America,, we have two sides,,, those who stand…
At Hank. My point is that many here, not you, object to bringing up the government or government policy in an investment forum. This is the Boglehead model. I will admit it’s a slippery slope and partisan political remarks cross the line. That bei…
At Hank. If I didn’t have confidence in the management of let’s say PIMCO that would be a legitimate topic ,,, not in OT. RIGHT? If I didn’t have confidence in the US government that made me question investing in US GOVERNMENT Securities that wo…
@BaluBalu. Thanks for your thoughts. I am of course aware of “the usual.” My concern in these unusual times is that conventional wisdom might not apply. My question , in plain language,,is which of these two short term fixed income classes will th…
At Davidmoran. Thanks for that link, it should not of surprised me in the least but it sickened me nonetheless. Anyone who had connections to or even sympathy for “the movement “ of the sixties is being triggered by the last month. My outlook ha…
And don’t forget that President Musk called Social Security a Ponzi scheme. Not that he was the first to say this but he is not beholden to voters or anyone else.
Just read the latest edition of The Four Pillars of Investing by the good Dr. Bernstein last night. He takes on pass on Junk, Corporates and I am sure Securitized mystery meat.
Thanks for the link. Dumb question….. Are these items what are broadly called “Securitized” in bond funds. Like 21.93 % in VBMFX? Or a whopping 49.40% of the highly regarded Dodgeand Cox Income Fund. I know I should not worry because the curren…
The old pessimist here. Get what you can before musk turns that tap off. And even if the catastrophe wasn’t going on here everyone’s benefit would be reduced in the not too distant future ….
Re: trump’s behavior toward Zelenskyy today. I could imagine DUMP yelling at Winston Churchill for fighting Hitler. Today is America’s day of shame. And my relationship with my government is just like it was in 1969. I am total DISGUSTED.
Not responding to you Stillers but here are the upcoming Executive Orders as follow ons to declaring an official state language::: 1.. official state religion. 2. Official state sexuality. 3. official skin color. Have I missed anything? Official pre…
Explain to us why that is good news. I know a park here in Sacramento , Ca. where English is never heard. Will the little kids and their parents be arrested for not speaking English? Not so far fetched but shit head could send the US Army to rou…
Most maghats vote against their own economic interests. And nothing the Democrats could do would overcome folks who vote against their own economic interests.
Anyone who lives in the hurricane belt, the tornado belt , who makes a living on the ocean, who sails on the ocean, will certainly miss this service … we never left our slip without checking the NOAA weather over a 50 year sailing career.
I just saw a reference to the future that was both optimistic and pessimistic. It foresaw a Democratic return to the White House but in a country and system so shattered that what would happen next was called “reconstruction.” Sorta like after th…
Hey!!! If you are a senior who gets social security and Medicare. ,,,, you would be foolish to not to think your cash flow might be changing. Or if you are one of many millions of American families who rely on Medicaid,,, your cash flow appears to …
If the economy is driven by consumers and consumers start hugging their nuts because the hour by hour barrage of bad news scares them from all manner of discretionary spending, a slight correction could become something more serious. Or maybe just …
@JD…. You are so right. As an older retiree I spend too much time with the financial and political news. Went out to lunch with adult daughter yesterday to a somewhat pricey establishment. It was jumping with folks who did not look the least bit un…
Of course the “Economic Policy Uncertainty Index “ is at its highest level since 1985,,,,, every aspect of our society is uncertain from one hour to the next. The only people who aren’t experiencing UNCERTAINTY aren’t paying attention.
Someone smarter than me said the market runs on fear or greed. It will run on greed until, as JD says, “we least expect it.” Fear and greed are real and powerful,,, so when the switch is flipped watch out.
@WBAC. Thanks for that info. So far all I have come up with is safety in diversity in lieu of relying just on ratings or counting on the FDIC to backstop CD’s.
@ Hank. Another old geezer here. You nailed the senior risk paradigm as I see it. I am so old that I spent this afternoon adding our adult daughter to our checking account.
D word is also Deworseifcation as well. I recall an ETF tool that measures overlap between any two equity ETF’s. That would raise the question how much overlap is too much? Is the classic three fund boglehead portfolio a fund of funds?
JD. You nailed it. Especially your last sentence. But in the short run a “national emergency “ could easily manage the mid term problem. And congress is irrelevant anyway.
