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.
I'm down in my long-long term account but that's fine since I ain't tapping it for another 30 years. The market tanked literally the day after that account rang the bell for a 'major round number' ... I'm glad I caught that print. :)
-9% YTD
-5% 1…
They have enough subadvisors for most of these funds to keep things interesting, but at least the fees seem acceptable.
Interesting to note that their Multisector Bond Fund includes Hassenstab and Fuss as subadvisors.
M* and 'dying' has been synonymous with me for several years now ... which is why I am no longer a member of the premium site, a newsletter subscriber, and left their forum last year.
American 'exceptionalism' apparently means snapping up the next 3 months' global supply of remedesvir .... which can only be read as a gigantic f-you by the rest of the world.
No idea.
But the US just outbid many other countries to buy up the next 3 months' global supply of remdesvir, so that right there means gabillions of bucks wasted in paying-up for it.
BCE, BIP/BIPC, BTI, EPD, D, SO are a few paying 'safe' 4%+. I have some, like CSCO and SYY that pay 3%-ish as well. Also owned big T/VZ positions for decades ... though with T I am cognizant of its humongous debt load and while I like the busines…
Thx Skeet.
As for me, I'm still deploying cash opportunitstically for the long haul across my accounts to buy stuff I want on 'sale' ... in terms of investment holdings, I'm still >90% in equities, most of which are quality dividend payers set …
... and yet the GOP/Tweety has to offer their own "beautiful" replacement for the ACA. Funny how the Mango Mussinini's base seems to forget that.
I still think the ACA would be totally safe if it was not widely known as 'Obamacare'.
Sadly, many politicans consider "taking the oath" just a formality, and don't consider it a binding contract even though they pinky-swear to some dude from literature up in the sky.
The louder the WH denials, the more truthy the underlying narrative/story is.
Relatedly, these guys' video spots are effing timely and always brilliant. They're a fantastic rapid-response comms team. This one is particularly brutal....
I take this article as a contrarian sign -- during the GFC I also saw articles posting how wine/whiskey were great investments. They probably are, but IMO too much of a bother last time I looked.
Now, my own collection? I'll savor it as a tasty i…
Tweety Amin, AKA Donald JOHN Trump, AKA General Dotard von Bonespurs, AKA Boss Tweety, AKA the Orange S---tgibbon, will win in November and claim 170% (at least!) of the Electoral College with 215% of Republican voters supporting him! There will b…
Old Skeet hit the nail on the head. The Left will do anything to try to defeat Trump including promoting the radical Left agenda. While Trump may not have polish and goes through a lot of executive staff, his ideas speak the truth. By the way, wh…
Simple. There are large swaths of this country where people don't care about anyone but themselves. Those flaunting rules and not wearing masks while at the same time saying they are 'free' do do that because there's no law prohibiting it are par…
Somebody sure took a walk of shame last night.....and he looks like utter crap, too. Like he knows he's gonna lose.
https://video.twimg.com/ext_tw_video/1274687177113337856/pu/vid/1280x720/OI3l8hWUKPTX1tnZ.mp4?tag=10
Tulsa Fire Marshal says ther…
Reportedly KPop fans and teenagers were scoring hundreds and thousands of tickets and royally punked the campaign -- if true, I want to give them all a gigantic hug and atta-person for a job well done! All this week, the campaing kept screaming ho…
Yeah, okay. Nice headline, Kip, but any retail investor putting 50% of their portfolio into alternatives is nuts. Most retail investors have little clue how to monitor, manage, or investigate such vehicles or ask the appropriate questions before…
MFO, of course
WaPo, NYT, WSJ
SeekingAlpha
various professional blogs/sites related to my discipline
Books? I have 2 related to the Snowden affair on my coffee table, plus 1 on how engineers make internet social media addictive to users. I just …
I rarely agree with forecasting, but the market activity this past month has been insane .... given everything that happened in the world/country, that the equity markets just kept exploding higher suggested something is broken. Short squeeze? Ir…
Speaking as a former trader, I'm reminded of that great quote, "Markets can remain irrational longer than we can remain solvent." :)
As I said last night, I'm not dumping stocks out of fear but am being cautious if/when I deploy new money these d…
He only yanked 9500 from Germany. And I bet it'd his 'revenge' for the heated chat last week where Merkel told him she won't attend the G-7 b/c she doesn't want to be part of a photo-op.
Trump running scare now, pulled all troopies out of DC/Ger…
Like everyone else I have never seen a market so detached from economic realty.
Agree completely. I'm not selling any of my core positions but at the moment any new money I deploy is likely speculative ... either nibbling on new equity position…
Sold my relatively short-term Airbus position at a surprisingly nice profit @ the open today. It's been on a tear in recent days but I've been having second thoughts about the position (which I doubled just before Covid hit) and had placed a resti…
Gets better ... this one is also rather scathing....
John Allen is president of the Brookings Institution, a retired U.S. Marine Corps four-star general, and former commander of the NATO International Security Assistance Force and U.S. Forces in A…
Some more context from down here in DC regarding Bunker Boy's quest for 'domination' ....
(src: https://www.thedailybeast.com/pentagon-tries-to-retreat-from-trumps-call-to-dominate-protests?ref=home)
< - snip - >
Pentagon officials added th…
Closed my 2022 spec combo options trade on GE *way* early for 25% gain on the risk ... just to offset likely TLH'ing elsewhere. I would re-create the position for if GE drops back down toward 5 again, though.
(Excellent decision by our two local governors. --rick)
Maryland, Virginia governors refuse Pentagon request to send National Guard to DC
The governors of Maryland and Virginia both refused direct requests from Defense Secretary Mark Esper to se…
Totally agree. This has been going on for decades. That said, in terms of the political polarization and tribal politics, I pin the blame for this modern incarnation upon Newt Gingrich and his Republicans when they took Congress in the mid-90s.…
This article is worth reading, too.
Trump Finally Gets the War He Wanted
https://www.defenseone.com/ideas/2020/06/trump-finally-gets-war-he-wanted/165825/
Howdy folks,
Damn. I love you people.
July 4th this year will be a National Day of Prayer for President Donald Trump to die. If we all pray hard enough, maybe God will hear our prayers and rid the earth of this monster.
And so it goes,
Rono
d
There are always some bad apple looters/firebugs in these protests. However one also has to wonder how many of them are typical idiots or purposely torching and destroying things to make the legitimate protesters look more evil/dangerous and distr…
Bunker Boy hired a bunch of really talented crisis actors.....lol
CNN was showing the same thing, but then again it is "fake news" according to the POTUS. Guess a lot of actors and actresses were hired for the shot.
