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.
Hey Lewis. You wonder. Reminds me of Robert Kessler recent talk on wealth track. Cash is NOT trash. I remember seeing him maybe 40 years ago on a TV investment show stating to buy 30 year zeros. That's when I was a young buck watching TV after …
So....risk with no return? Spaghetti bowl of holdings where you have little idea of what you really own... derivative of a derivative..
Got burnt with iqdax. Stung with poor timing with bivix
No thanks
Good luck to all
Baseball Fan
Putting my home of 26 years in the burbs of CHI on the market next week...spent the past several weeks, cleaning, fixing, prepping...every few weeks I wait the prices in the neighborhood go up by $10k....we'll see what happens. Going with fixed fee…
Nah Lewis...the anti-woke are just fed up with this faux social justice theme...what folks are really saying when they are against all the "wokeness" is they are against socialism, lawlessness, marxism and are for consitutional freedom and liberty.
…
Hey team
Never said go ahead and pollute, consume excessively etc. I try to take care of the environment best I can as well. Just don't care for the faux signalling..and marketing bullspit, I really do believe that the ESG investment is kinda a sur…
All a bunch of bullsheet. So. You invest in a ESG fund to do good but you live in a house instead of multi family... you're using up more energy than you need... credit card companies handcuff folks with less means to pay off high interest charges…
@Derf...no one knows, right?
Some technical chart types (I know some on this board scoff at this) see a bad moon rising...ref JC Parets, allstarcharts blog...does not like the set up here at all unlike Cathie at ARKK...mentions liking NASDAQ short,…
Or is that when the mostly peaceful protests start?
Said it before. We know, we know these markets are artificially propped up and way overvalued. But, we can't stop playing the game.
Play stupid games win stupid prizes, no matter who you are.
…
From the Gambler, Frank, the loan shark, played by John Goodman...(I cleaned up the language a bit)
"You get up two and a half million dollars, any arse in the world knows what to do: you get a house with a 25 year roof, an indestructible Jap-econo…
@MikeM...they are just guessing like the rest of us...no one knows what the markets are going to do over the next several months...likely go up as long as the fed keeps pumping $120B/month, unless something happens to turn investor psychosis, er, I …
Don't forget @hank, @JD_co...many of the financial advisors, commentators and the like have only come of age during central bank balance sheet expansion...they are the experts now, borderline mocking the wise elders such as Munger and Buffett, how t…
So the Schmeissing continues...
TTD whacked the other day...now today..Lemonade...LMND.
What could possible go wrong with co's of these ilk?...buying insurance on your phone via an app...with a company name that a child would come up with...are yo…
Hi @JD_co..from Hussy's latest commentary...comes down to investor psychology...what fed, central banks have done is make it uncomfortable for inwestors to hold 0% monies, thus they step out onto the risk curve, overvaluation be darned...so the ques…
So.... what happens if the market craters by 25-30-35-40-45%? Does that mean all the balance sheet expansion, Bailout, er handout for the rich last March as Lewis B would likely call it goes for naught?
So... is this the sheissefest referenced e…
So ya took it on the chin a tad today
My hussy was the only green today, HSGFX +0.23% , PMEFX down -0.34%, FPACX down -0.66%, newer holding BIVIX, FEVAX, went the wrong way both down over 100 bps...my HD stock, ouch mommy....hopefully tomorrow is …
@Starchild, you must be refereing to the Kummelweck roll which has the kosher salt and caraway seeds...if in Buffalo you need to go to Charlie the Butcher's for one of these.
Come to think of it, I haven't been to Buffalo that often, last time was …
Do like commentary from JC Parents, all star charts blog re when to buy after a market wham-o drawdown....after the pull back, buy on the way UP when the % of NYSE stonks above 200 moving day ave gets back above 15%
Who knows if this will work next…
@JD_co..additionally what got my attn is that in most recent fund commentary, mgr states "we feel well positioned for what lies ahead...and...we could not be more enthusiastic at the opportunities ahead of us.."
Hmm. C Wood / ARKK recently stated …
Has anyone seen ttd, the trade desk stock today. What's up, down over 25%? I'd be real careful if I owned arkk, Cathy wood investments here.... not sure if she holds this stock but does the same ilk and could be a tell of what's to come
Katy, I m…
@BenWP. I couldn't agree with you more
Saw Colbert show way back with Jon Stewart. I could only get through maybe 10 minutes of it. Same with Kimmel and the other guy
Who gives these clowns the platform to shill their so just views onto us? Bunc…
Per Barrons, per Bridgewater Co-Chief Investment Officer for Sustainability...note portion of quote "portfolio of future will have more inflation hedges...direct exposure to commodities...
Karniol-Tambour: A 60/40 portfolio has a few problems. The …
Who watches SNL anymore? Didn't know that show still exists. Who wants to watch some whiny non funny so called commedians shill their social justice views like they get to decide how we should think and act.
Screw SNL and screw Dogecoin. What a …
@davidmoran, ya, markets way overvalued highly. But,but please remind me how many billions and trillions have, are being pimped into the markets via central banks balance sheet expansion and Biden handouts. Not sure if the fools are the one's stayin…
@Mitchelg...like the stock LAND that you mentioned...farm land...yes
SIDE NOTE: just nearly fell over...have you bought flowers for Mom yet...my goodness, the prices have went up!! I actually think at higher rate of increase than lumber!?
Basebal…
Quick note:
iBonds issued between May 1st and thru Oct of this year pay a combined rate (fixed and inflation) of 3.54%
Exempt from state income tax, $10k annual purchase limit
Probably a decent place to hedge inflation and earn a higher interest …
@hank,
Ha! I see what you did there...out in left field...apologies if I did not communciate my question clearly...did not mean to imply that I would put all or most of monies as an inflation hedge...just asking what % would most seem apropos, is …
Morning Class,
Biden, Yellen, Powell...ya'll think these clowns have it under control? You have got to be kidding me...turning this country into a Banana Republic...bankrupting our future generations, debasing our currency, creating inequality up …
So just asking...who are "the rich"?
Can I surmise from the commentary that it is anyone who does not vote for Democrats and has one more dollar than you?
Just asking for a friend.
I would also surmise that many who are against these taxes don't …
Ya, crazy. The guy seemed to have a decent reputation but also seemed very intense in every interview I ever saw him in.
Did like his philosophy...his fund was not meant to make you rich but to keep you rich, meaning focus on what can go wrong. I…
Thank you all for the replies!
We're going to go with a $500 fixed fee, MLS listing and forego the selling agent. I believe this allows us more control over the potential sale. I'm also concerned that even if I receive an offer I will not emotion…
Ya @carew38. I remember the late 70s, early 80s...punks worked at grocery stores bagging and in union making $12+ gazebos an hour, then load trucks for UPS part time making $15 + an hour...do the math, you could do real well with no college back th…
Just moved into a new home over the past month...when going thru my "stuff", I found notebooks and literature from seminars, presentations from industry conferences from the mid-90's. I worked leading an OEM sales team selling to the Semicon "tool"…
@Mark, cannot tell if you are being mordant?
FWIW, I do beleive when it is all said and done, most folks will end up losing far more monies riding along with ARK/Woods than who have ridden along with Q Infinity.
Time will tell, not saying I know a…
...seeing that guestimates for IBonds re rating on May 1st estimates for inflation variable rate going up to 3.54%?
That's higher than it's been in ~ 10 years? I guess it makes sense...
FWIW, I pay no attn to the propoganda and the esteemed colum…
@Chinfist, apologies but I am not qualified to answer your question. I haven't planned on it as my thinking is that at this point anything that I recover will be a postitive. In my mind, I'm positioning my investment in IQDAX as a sunk cost and a …
@hank,
thanks for asking, appreciate the question as it makes me think...
I've always had the philosophy that one can hold opposing views concurrently. There is no law stating that you cannot, who says you have to pick a lane. I am inherently con…
@dtconroe,
Question for you...how do you know and how do you decide or put another way, when have you decided a black swan was coming and what did you do when you went totally to cash? What are your signals, technical? Wisdom/experience/gut feel?
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