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Will take another look at DXJ and DXJH in particular and looking now. The $/Yen.....
Also related, the ongoing purchase program of Japanese etf's by the BOJ.
Use of these two ETFs were also mentioned during the Wealthtrack interview with BlackRoc…
meaning you could probably beat a hedge fund with an actively managed no-load mutual fund with an ER of 1% or less and no 12(b)-1 fees.
These funds did just that:
Recently I decided to take a road trip and drive 1500 miles this winter rather than use Jet fuel to get where I was going. Four fill - ups came to about $120. Hotel room for 1 night on the road came to $75. A cooler full of drinks/snack kept my food…
Let me reply with an excellent post by me below.
And ... what task will 10,000 automobile assembly line workers move onto? You say potato ... I say potato.
I'll be the last to advocate for unemployment or underemployment or the demise of manufac…
I wonder if replacing the word "job" with the word "task" might help in this discussion about robotics. Robotics (automation) allows humans to move onto more important "tasks" as part of their occupation. An occupation (job) is full of different tas…
I believe Puerto Rico is attempting to be included on this list of tax havens.
taxjustice.net/2016/01/06/ironic-pillage-tax-haven-puerto-rico-offshore-hedge-funds/
Article link referenced:
prospect.org/article/how-hedge-funds-are-pillaging-puerto-…
Here is a reasonable recap of the company:
https://www.washingtonpost.com/news/to-your-health/wp/2015/10/16/a-comprehensive-guide-to-theranos-troubles-and-what-it-means-for-you/
press
I believe I read Theranos is using Walgreens in the AZ area as a…
The analysis should be the pay back date of no college vs college (at current price) considering opportunity costs and debt interest. That would be interesting.
College is now the new high school anyway.
Compare a plumber straight out of tech sc…
Thanks for starting this conversation @davfor.
There's more going on in this one thread then most political debates and nightly news casts I've turned off. Hope others feel the same. Thanks for all the points of view.
Common ground is usually hard…
And what do all these newly freed people do for money to pay for oh little things like food, clothing, shelter and their painting supplies?
Just because I landed a great paying job at the Stanley Works (where I found gainful employment in the 1970'…
On the topic of fiduciary responsibility:
There has never been a fiduciary responsibility for 403(b) plans as far as I am aware.
Read here if interested:
How non-profit employers must structure their plans to avoid having their 403(b) plan subje…
@msf,
Hmm...sorry...I fixed my typo...should've read 403(b) not 40b(b).
Here's is Vanguard's explanation of their 403(b)(7) plan which we, as teacher, fought tooth and nail to have our school system offer as an alternative to the many annuities op…
One thing to keep in mind: the many kinds of deferred annuities "guaranteeing" 5, 6, 7% are not "bought" by consumers. Consumers are SOLD these things.
I learned very early on in my teaching career there was a big difference between a 40b(b) (IRA …
Robotics has more to do with the reshuffling of the job market and less to do with the credit market.
Robots will replace dangerous and repetitive jobs with machines that can complete these jobs safely and accurately and over longer periods of tim…
@Junkster...my previous post (including the chart) has been edited to reflect your comments.
Also, take a look at PTRMX as a comparison to ABTYX. A slightly tamer downside performance over the last three years.
The moral of course is let price dictate your actions, not what you think.
@Junkster...a question...
Since HY bond have a high correlation to stock performance, do you find HY bond are a leading indicator for stocks or the other way around?
Today …
An interesting read that lends itself to this thread and this chart from the "Short Side of Long" blog.
"Yesterday was quite a strong down day, registering almost 1,400 new lows on the NY stock exchange. Historically, this is a very rare feat."
…
There seems to be a lot more built into the pricing of a commodities (oil at the top of that list). More than merely a business model of supply and demand, costs and profits.
Oil trades in dollars so a certain portion of oil's price (in USD) is imp…
Thanks @davfor,
I ran out of coffee about a third of the way through. I'll pick back up at happy hour.
My thought at this point: Not even a well paid and talented fund manager can pull these strategies off, but if they are out there I would like …
At some point, demand could exceed supply, and then we will see prices rise significantly. Funny how this works. It happens with virtually all commodities at some point, when supply exceeds demand. Some cycles take longer than others to play out…
The old single-hulled tankers that are not allowed in too many ports anymore may be sitting out there storing the stuff. I guess shipowners just hit oil...
Quick search:
One Article on this boom for shippers:
"The very thing which has been negative …
Dancing a different kind of Contango:
“Shipowners are the ones who gain here,” Erik Nikolai Stavseth, a shipping analyst for Arctic Securities ASA in Oslo, said by phone. “Whether tankers are storing out of necessity or because traders can turn a pr…
@PressmUP said,
"The other lesson learned is to have some type of ancillary bucket specifically for dry powder. I have a bunch since I've been sitting on the bulk of my 401K rollover, but this recent downturn reminded me that having this in your bac…
So looking at the chart that Bee's uploaded, I'm thinking that it is not very realistic. Think about it. Are 9 billion people going back to the caves?
After rereading the article written by the author of the chart I uploaded my take is that as a r…
I think this chart seems to capture James A. Kostohryz sentiments shared by @TSP_Transfer.
Interesting article by the author of the chart at David Stockman's Contra Corner site:
"We have a situation where the “economic growth pump,” created thr…
BBRY (aka RIMM) which I bought 100 shares @ $57 and still hold now @$7 is a constant reminder that diversification and manager insight often trumps an individual's concentrated hunches...or at least mine.
@bee Is there a specific department/number at Hertz that you need to call to arrange this?
Mona
I believe this is a seasonal offer. You can drive North to South between Oct - Dec (my offer) or drive South to North in Apr-June. Many rental companie…
If there is a possibility of returning to a nearby non-airport facility from where you can take a cab.
That customer facility fee was a doosey ($84). I'll try your suggestion next time. Thanks.
@bee : What size auto were you able to attain for $7.95 /day?
I stand corrected...$7.59/day. With fees and taxes a little over $232 for two weeks. No drop fee. No mileage fee.
Just recently drove to FL from CT. Four fill-ups at an average per gallon price of $1.85. Average 30 mile to the gallon...enjoyed the country. I helped re-position Hertz's fleet from NE to FL. Rental per day was $7.95. I was allowed two weeks which …
You know Bee, I think that's the first time I've ever heard anyone accuse FAIRX of being a 'growth' fund. Not to worry however, I don't think much about those growth/value labels anyway.
Oopsies...my bad. How about this, FAIRX (and any other fund m…
You know Maurice, if you'd like to stay with something out of the ordinary maybe the Bruce Fund would be worth a peek.
Yesterday was a good day to have observed downside action of various funds. BRUFX was off .80%. Not bad for a fund classified as a…
One of many issues I have with BOA...You don't have to be in all 50 states to call yourself Bank of America? BOPOA (Bank of Parts of America)... 37 out 50 states and shrinking.
https://locators.bankofamerica.com/
Bought bunch of oil bonds since last yr and you do see a declines in prices.
Is there such a thing as oil preferred shares? A stock beat up by the market that still has the ability to "weather the storm" and continues to pay a dividend (has low de…
Anyone here feels this point (quoted from the article) is worth considering?
"the cost of getting a reverse mortgage is higher than the cost of getting a conventional mortgage. But it’s lower than the cost of guaranteed minimum benefit products off…
