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.
BIAWX shelled out close to 20%.
A few of my growth funds did too. I am planning now to up my January estimated tax payment to avoid a penalty, as I liquidated an inherited IRA this year also.
Maybe they will have containers of trump condoms to hand out at events? Who will entertain? Nugent? Kid Rock? Kanye? Dimebag Darrell? A totally sane bunch!
Guessing it will be half empty, like his rallies.
In terms of "gaslighting", the advent of the "Another Good Week" thread was transparently political. Attempting to portray it otherwise is not remotely surprising. But, it does speak to credibility. When viewed alongside complaints of "politics", it…
@catch22
Excellent. I have a very rare bootleg of Steppenwolf at The Matrix circa 1972? Where they do a lengthy performance of The Pusher out of their minds on acid. It sounds exactly like you might imagine.
Who noticed that when China did not meet their "promise" to buy more agricultural goods, that the WH moved the goal posts? And that despite promising a "deal" with China, way back in June, the American people are seeing little progress and paying hi…
@FD1000 Yesterday on MFO you posted, "Given this environment, it’s important that at least one voice consistently presents perspectives from the other side to maintain balance and encourage genuine debate."
The post by @Observant1, also yesterday, …
Wait until the maga folks see their family's ACA subsidies disappear in 2026. In red states these are all people who work, because no ACA subsidy without Medicaid expansion, which red states refuse to honor. You must make over $12,000 annually to qu…
Got 50 shares CL on limit order @ $77.99
Got 50 shares of TRI @ $130.96
Still have open limit orders on NOC and BMY...patience!
Missed BMY by 9 cents on days low.
Sorry to inform you that you have never offered that "balance". Not even close.
I recall when this guy posted on another forum (some time back) that people who enter into a new environment should adapt, not try to change it (paraphrase). He wa…
The guy took office and in less than one year there are clear signs that his economic policies are crushing jobs, confidence and affordability. No question that he is destroying alliances formed over a century of cooperation. Exactly what one could …
If you set your goals low enough just think how smug you can be telling everyone what a winner you are.
If I achieved only half of the S&P in the last 3 years, I’d set the bar very low indeed.
If fascism is your goal, it has been a great year!
“Fascism is a far-right, authoritarian political ideology emphasizing extreme nationalism, a strong centralized government, militarism, and the subordination of individual rights to the state's in…
“Hind end bias”, also known as FD syndrome, is when less successful people spend much time judging more successful people. Often associated with lame rationalizations over ostensibly “ having enough”, to explain their own shortfalls.
Named after Fa…
Hindsight bias, also known as the "'I knew it all along'" phenomenon or creeping determinism, is a cognitive bias where people perceive past events as being more predictable than they actually were before the event took place
My concern, at this time, is that tariffs are especially hard on small caps. I exited my long term small cap positions a few years ago. I also dropped my mid cap exposure not long after.
And now maga is bragging about a new tax that brought in "billions". This is an achievement? Higher taxes? What sort of dupes are now cheering new taxes?
Thanks for the new tax, that has not brought down the debt or deficit, Santa trump!
Wolf Richter also puts a lot of speculative emphasis on tariffs rebuilding U.S. manufacturing. Too much in the opinion of those who specialize in this sort of thing. In fact, nearly all of his "optimism" relies on tariffs producing a manufacturing r…
Very good white collar jobs (overhead!) with benefits are being replaced by low-paying seasonal service jobs with no benefits. All fueling the K-shaped economy. Once again Jack Horner pulls out a plum. The data gets "tortured" to achieve the narrati…
We were not all hoping for some overblown reposts of WH press releases? Announcements with little substance? Political statements meant to curry favor? Desperate words to stem the bleeding?
Remember folks that you are dealing with Jack Horner here. He will twist everything to arrive at "What a good boy am I!". By his own admission he is rarely involved with stocks, meaning he just basically sat out a three year bull run that was worth …
@DrVenture Why, it goes up as much as down! Sorry I couldn't resist.
@derf It took me a sec to get that one. LOL
I am rapidly pressing the button marked "PH" and hoping for a result.
Oh, the irony at trump's words. After all the whining about Kimmel's remarks after the homophobic, anti-semitic, racist Kirk was killed, and maga jumped to all sorts of unwarranted conclusions.
trump is a semi-person, who condones violence, sugges…
We used a 529. Illinois has state tax benefits. And we bought a few 10K I-Bonds when the fixed rate was 3%. The I-bonds have education benefits, but income restrictions though, so the 529 worked out better.
My new list, by no means inclusive:
5* wide moat: MDLZ, CLX, TRI ( 5-star, wide moat and exemplary capital allocation)
4* wide moat: NOC, CL, BMY, AVGO, OTIS, MSFT
3* wide moat: CAT, V, HON, KO, MRK, SYY
Barron's is "overweight" on HON, CAT, TRI, …
Yes, and within that 529 one could choose a total market index fund. Or a growth fund. I'd shy away from the target date or allocation funds, myself. I believe that investing aggressively in a tax-advantaged account, with a long time horizon, is the…
Never trust anyone, who quotes himself, as some sort of proof. Or dredges up old threads to seek validation. It is so transparently needy and desperate. A sign of clinical narcissism, bred of insecurity.
Likely, a person whose siblings have been o…