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.
Speaking as a former futures trader I agree w/this article's questions .... once is a coincidence, repeated examples reek of market manipulation.
But then again it's OK if you're in the family or a close associate (Wilbur)....
The Sink station in DC (ABS's WJLA) also superimposes a CGI American flag on their chyron regardless of the story. It's either in full color or just hinted at behind the channel bug ... very reminiscent of the cable networks doing the same thing in…
Yeah but percentages aren't as eye-dropping and fear-inducing as 'OMG DOWN DOWN 600 POINTS THIS MORNING!' ... which leads to 'STAY TUNED: HOW TO INVEST DURING VOLATILITY' segments .... after all, finp0rn media's first loyalty is to their advertiser…
Ignore the swings if you're a longterm investor. Volatility is a natural part of the markets and is not necessarily something to be feared. Going nuts at every wiggle, even a short-term violent one, is a recipe for disaster. If anything, embrace…
"It's a big, beautiful market. So powerful, the strongest in American history -- or the entire solar system! No thanks to the clueless Fed or companies not spending money, though ... it's all thanks to your favorite clueless Tweeter, me!" /sarc…
Josh is awesome - followed him and Barry for years. IMO their firm is doing things right and if I ever needed to pick up RIAs to manage money I'd probably go with them.
This statement says a great deal, in a positive way:
" ...My 401(k) is invest…
The 'Patriot' Act was full of fun surprises for average law-abiding citizens and firms embrace clauses from it for all sorts of legitimate and sometimes annoying/controversial reasons.....I said so at the time, but nobody cared b/c it was passed wit…
Amen, Mark!!
Interesting how fund firms can predict these 3-mo's ahead of time but we can't get general fund reports that are less than 3-mo's stale and sometimes more.
This WH doesn't use ParmReg, they use processed Kraft Singles and think it high cuisine.
Without Parmigiano Reggiano, I can see White House dinners with green shakers of Kraft on the tables.
Also...it's a tax on Irish whiskey as well.
The WSJ had an article yesterday about how auto loans are now being stretched to 7 years .. thus suggesting folks are either having trouble paying for vehicles and/or are buying more vehicle than they can comfortably afford. Either way, not a goo…
Sigh. And they make it cumbersome to use cash-like ETFs or funds to hold cash b/c they'll charge short-term redemption fees, even if they're on the NTF list. I've since gone to using t-bills for cash, just on principle, as a way of saying f-you …
"Delivery executives" = the latest frufru feel-good inflated term for "employees" who are now called "associates" "crew members" "meal designers" "sandwich artists" and so forth. smh...
None of the above criteria for me. For equity funds I look at its holdings, percentages, and sector allocations to determine how it might hold up during a drawdown. If it's top 10 holdings are all megacorps and in the top 20 of the S*P, you can fi…
Forbes = sensational clickbait. It's the Buzzfeed for finance pr0n junkies.
Forbes Magazine = Never-ending lists of rich people, but little real investing or market content.
This is petty spite b/c CA is standing up to him, just like how he and his GOP enablers threw the blue states in the northeast under the bus with the stupid SALT limitations.
In this case Tweety Amin (AKA 'Fragile Biff') is meddling with their home…
@hank: I agree, it's common practice to tap the SPR. Was just surprised how quickly it happened over the weekend, is all.
But the way the markets act these days I wouldn't be surprised if oil reverted to its Friday prices by Tuesday...... #jokin…
Crude futs were up like 15% earlier ... should make for an interesting session.
Tweety has already announced he's tapping the SPR. I guess he doesn't want ANYTHING to even remotely threaten 'his' economy these days.
I'm surprised it hasn't been 'discovered' installed at the White House residence yet .... or at an ugly black tower in midtown Manhattan .... or at the Old Post Office in DC....or on AF-1 ... etc etc etc.
(couldn't resist)
I think MSCI has the hamberder index under development. :)
No, that's hilarious. They ought to create a "Hamberders" Index and a "I know words. I have the best words." Index, too.
I'm 46 and probably 90% of my investment holdings over two significant portfolios are quality dividend-paying, good-moat (in my view) equities. I've got a big pile of cash to be deployed, but I'm not selling stuff these days - I'm looking to buy i…
I worked emergency services during Hurricane Andrew in S.Florida back in 1992. Hurricanes are NOT to be trifled with!!!
#SharpieGate was pathetically amusing on Twitter today.
I wonder if he was hoping to use the storm's (alleged) impact to try a…
Absolutely agree. There's been a huge rush into passive vehicles that are market-capped (eg index funds) because of their low costs. Sadly, 'low costs' have become synonymous for 'index funds' -- so when folks pour into those vehicles, the funds …
And just a few weeks ago they were saying it was a "risk-off" time and coming into a rocky period. You'd have better investing success throwing darts than listening to these folks .... who are probably throwing darts anyway!
J P Morgan says now i…
B-b-b-but Obama wore a tan suit once. (I think Fox Noise ran 3 prime time specials about it.)
Could you imagine the reaction if Obama had done this:
https://thinkprogress.org/trump-hosts-ted-nugent-white-house-c0da4b94c51/
FWIW saying, I'm receiving noticeably more investment-signal service solicitations these days, including from services I briefly dabbled with over 10 years ago and haven't heard from in AGES. The contrarian in me takes that as a warning sign for e…
Two more to consider equity-wise: PRBLX and TWEIX did well in '08 -- only down about 20% or so. (PRBLX is the major holding in my Roth IRA.)
VMVFX is a fine fund, too - I've owned it since inception in one of my taxable accts for its global mix …
I bought in Dec '18 yeah. Should have bought more, in hindsight. :) I'm buying into most major down days this year to put more cash into the markets across my accounts.
@Old_Joe: You said, "But we held on and came out the other side in decent …
The only preferred fund (ETF) that ever interests me is PFXF because it isn't stuffed to the gills with 'non-cumulative' bank preferreds like pretty much all the others (PFF, etc). I view such preferreds as essentially a free loan to the bank sinc…
Xi doesn't have to worry about re-election, either.
Hes shocked that the Chinese arent kowtowing to him like the Repugs do on a daily basis. They are playing the long game.
