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.
@MFO Members: Sold beans @$8.81a bushel, last year they sold at $10.20. Unlike corn soybeans don't store well, they must be kept very dry or they will rot. Some nearby Iowa soybean farmer's are taking on the additional cost of storing them in ho…
@MFO Members: Interested in owning a bond fund or some individual bond ? Here's a bond primer from U.S. News & World Report.
Rgards,
Ted
The Ultimate Guide To Bonds:
https://money.usnews.com/investing/investing-101/articles/the-ultimate-guide-…
@Old_Skeet: I intend to sell the remainder of investments by year end, and be completely out of the market. Its time to retire my investment life.
Regards,
Ted :)
@MFO Members: Litman Gregory has used the well known multi-manager theme for years, its nothing more than a marketing ploy with less that stellar performance numbers.
Regard,
Ted
@Desota: Glad you were able to read Jason Zweig's latest article. Here also has his own blog, and this article will appear down the road on his site.
Regards,
Ted
http://jasonzweig.com/category/blog/
@Sven: Glad you coupled the public and private IRS changes for next year. I should have mentioned that fact and referred to the article I linked last week.
Regards,
Ted :)
https://www.mutualfundobserver.com/discuss/discussion/44983/taxpayers-can-pu…
@MFO Members: "davidmoran said, "if a flat day with the market up bends you so sorely, maybe you should get into something else?" Now that's hitting the nail on the head. Anyone who is concerned about a funds one day's performance should not be al…
@MFO Members The Linkster's favorite Red Sox team was in 1950 a season that had four teams win more than 90 games.
Regards,
Ted
1950 Red Sox:
https://www.baseball-reference.com/teams/BOS/1950.shtml
1950 American League Standings:
https://www.baseb…
@MFO Members: If I'm not mistaken federal taxes are withheld from you winnings. 25% will be withheld, and the remaining 13.6% will be taken upon filing your yearly return.
Regards,
Ted
@bee & MFO Members: Here is the article, "Does The 4% Rule Work In Today's Market ?" I'm also including a recent MarketWatch article on the same subject.
Regards,
Ted :)
https://www.forbes.com/sites/wadepfau/2016/07/07/does-the-4-rule-work-in…
@MFO Members: For those of you who are not aware in 2010 ALLY was created out of the old GMAC. Ally is ranked 19th on the list of largest banks in the United States by assets. It is the largest car finance company in the U.S. by volume and serves…
@MFO Members: I was afraid this would happen when I linked the article about the interest on the public debt, namely politicizing the issue.
According to Wikipedia, United States public debt started with federal government debt incurred during the…
@MFO Members: Old_Skeet said, "S&P 500 Index is extremely overbought." The prevailing opinion on the street is its oversold.
Regards,
Ted
https://www.smarteranalyst.com/bloggers-corner/sp-500-spy-extremely-oversold/
https://www.nasdaq.com/art…
@MFO Members: During the presidential debate, Vice President Gore told the nation, “I will keep Social Security in a lockbox, and that pays down the national debt.” Well, which is it? If you take the Social Security surplus each year and use it to …
@MFO Members: Sequoia Fund letter to shareholders.
Regards,
Ted
https://acquirersmultiple.com/2018/10/sequoia-fund-q3-2018-letter-david-poppe-retiring/