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.
Is anyone knowledgeable enough?
Wait! You know what is missing from this discussion? Someone to advise us all not to listen to the "experts". Someone to point out that everyone is "usually" wrong. And can cherry-pick select statistics to "prove" t…
Yes. I know people who gamble in the traditional way. I do not. Except in the stock market, where it is practically assured that I win in the long term. And I have the statements to prove it! lol
All over X today was the fact that for the first time since April 30 the S@P closed below its 50 day moving average. The fifth longest uptrend since 1950. Going into today we had something like 5 Hindenburg Omens, One in and of itself is pretty m…
Ya, well. TROW has it coming. Service to clients fell into the toilet long ago.
I’d question how much fund houses / brokerages trade on service. Indirectly, yes. But my reading suggests it’s mostly about AUM and the direction of fund flows - in or …
I often get weird blank stares, if I bring up investing. Weird because most of my friends know/suspect that I am way more versed than they are. Maybe they think that I am bragging. I have been told, "I do not pay attention to that stuff, I have a FA…
There's a growing part of me that's like "screw it, sell it all!" but then you're sitting in cash or munis for who-knows-how-long which isn't too bad, I guess. So I trim where I can and stay in quality DRIP stocks and a few MLPs since I'm not 100%…
Jeffrey Gundlach joins the choir.
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Karine Jean-Pierre, could not be reached for comment before this post was submitted for your attention to this matter. Thank you.
Hahaha
Note that, unlike the usual from maga supporters, no one here is presenting deflections, whataboutisms, or any support for Summers choices/actions.
Trump has managed to mishandle this so badly that no matter what is in those files, it will be susp…
•Home Depot fell short of third-quarter earnings estimates, its third straight miss, and cut its full-year profit outlook.
•The company said slow consumer spending and a weaker housing market have made home improvement demand worse than it expected…
Oh, I was only talking about today's drop. HAL, DVN, BKR, EPD & XOM were my biggest losers. Whenever I see energy stocks take it on the chin, I suspect worries about slowing growth to be the culprit.
Meanwhile, my only stocks in the green were…
I am also thinking how ironic it is that Comey is being prosecuted for lying to Congress, allegedly. And the case appears to be falling apart because the prosecutors are suspected of lying to the Grand Jury.
Are they like brain mechanics?
Are you referring to surgeons like the one who removed the remains
of a parasitic tapeworm from the brain of Robert F. Kennedy Jr.?
Either they used a shovel, or missed a few.
It is hard to know what to make of this. People typically being so inept at living within their means. Plus, age has a lot to do with it. Making $200K, with a paid off house and paid for autos, kids done with college, is far different from just star…
“How bad do you think it’s gonna be?”
When Michael Corleone asks Clemenza in “The Godfather” about the mob war he’s about to start, he gets the sort of reassurance that comes with experience. “These things gotta happen every five years or so, ten y…
LOL - my driveway is about 1500 sq ft. Clearing it is an art form. You have to take into account the snow type (wet or dry), the amount, the wind speed/direction and where you want it to be piled up. I will be getting out the snowblower in a week or…
This would be huge news in normal times. People would be fired, and for good reason. These days it is just a tiny blip in the constant string of abuse and incompetence.
I've taken to wearing over-the-ear noise cancellation headphones when using outdoor power equipment, particularly the lawn tractor and leaf blower. Bonus is that I can listen to music or audiobooks.
I do a lot of yard care with a 1/2 acre and more…
"Judge hints at Comey indictment dismissal, orders DOJ to release grand jury material"
That didn't take long. How to make the DOJ look stupid and political in one easy step!
Sounds like the prosecutor may have lied to the Grand Jury to get the ind…
"Greene responded that Trump was 'coming after me hard to make an example to scare all the other Republicans before next weeks vote to release the Epstein files. It’s astonishing really how hard he’s fighting to stop the Epstein files from coming ou…
It is relevant to mention that MTG had nothing to say about all the others that have been threatened, intimidated and even assaulted by trump/maga.
These are people who believe that threats and intimidation are the best way to ensure obedience to …
While we are (sort of) on the subject. Is there any reason not to do a Roth conversion if pulling excess funds from a TIRA/401K? By "excess funds", I mean anything above what you need for annual living expenses. If you are paying the tax anyhow...
Backdoor Roth is only for $7K / $8k new contributions in 2025, $7.5K / $8.6K in 2026. That too requires clean T-IRA (i.e. without deductible/pretax contributions).
But to reduce future RMDs, consider QCDs from T-IRA and regular Roth Conversions fro…
RMDs, I'm sure you intended. Those are gonna hurt, but the $$$ can be reinvested in taxable. 2 more years to age 73. Born in '54. No escaping it. Death, taxes, winter. Well, not much winter here. Sometimes, however....
Have you attempted to ease the…
Taken from a similar thread:
https://www.morningbrew.com/stories/2025/11/03/evidence-of-k-shaped-economy-popping-up-everywhere
-The affluent doing very well along with the booming stock market and the appreciation of their homes in the inventory-c…
Yes, now that food prices have been driven up excessively, via tariffs, and the gaslighting is not working, time to roll them back. Unfurl the "Mission Accomplished" banner.
What has been proven is that, in only 6 months, trump's tariffs have driv…
