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.
Maybe he actually makes more sense when he's inebriated?
Could be. He’s certainly no Ben Franklin - “Eat not to dullness; drink not to elevation”.
“Franklin began his list of virtues with temperance because it was the virtue that would develop th…
@rforno - Sounds logical. I’m thinking a half point rate hike. But language designed to ease the market stresses. Potentially a rebound Wednesday - if only short lived.
It feels more like “investing” now. Things got too damn easy for a few years. :…
The VIX gets tossed around a lot by media pundits. One noted recently that there won’t be a correction “while the VIX is stuck in the mid 20s”. I suspect that it is widely misunderstood. ISTM it is tied to the prices being paid to purchase protectiv…
Yes. Sorry. Did not mean to implicate the entire market. The NASDAQ is what got hammered. It was the hottest sector. And the internet related stocks inside the NASDAQ is where people had been speculating wildly in the late 90s.
Guess I was thinki…
Ha!
Joe, Janet and Jerome all agree it’s “way too high”. So, perhaps it is. Some of this, however, is political posturing. And Powell may be in sympathy with bankers who don’t like inflation because loans get repaid in cheaper dollars. Who knows?
…
Fools wade in …
ISTM that sometimes rights guaranteed by the Constitution conflict with each other. “We the people“ and our legislators and courts need to sort that all out - establish priorities. Before the 2nd Amendment, in both actual placement…
Has any country ever targeted a set level of inflation and adhered rigidly to it? I’d be interested in examples. Sounds like a dubious proposition. Many external factors enter into the level of inflation - not the least of which are the prices of im…
@yogibearbull - Thanks. People here won’t believe me. But I believe we’ll be reading similar stories about the price of crude oil in 1 or 2 year’s time.
Great cartoon. Anybody who shopped for home furnishings and/or wood products during the past couple years had to be struck by the scarcity of supply and exorbitant prices. Seems like everyone decided to add a new deck to their home or replace worn L…
Can’t complain. Doing better than deserve. Buffett threw me a plum when he bid for Allegheny. I sold the same day for a 25% overnight gain. It only represented about 5% of portfolio - but certainly helped.
I finally aborted a small hold in GLDB. T…
Thanks for the additional remarks @LewisBraham. Was just waiting for a chance to share your recent piece. Agree there are substantial differences.
For a long while James Stack has been recommending around 10% in a low cost inverse bear fund and …
Here’s the picture @Derf referenced from the article by Charles Boccadoro.
Giroux maintains a 3-5 year investment horizon. Takes a leap of faith for some of us to think that far out. So Giroux has an advantage over many of us. It’s not his money. …
What is negative with EPD? Something to do with the fund?
- EPD the stock is a limited partnership with energy holdings and it is positive for the year.
- Since your question refers to “fund”, most likely you mean EPDIX, the mutual fund, which in…
I continue to own stocks. :)
My earlier pessimistic summation was an attempt to identify Dimon’s perceived “hurricane”. (What was he thinking about?) Were Sir John Templeton still alive I believe he’d eloquently make the contrary case by pai…
Jamie always sounds to me like he’s got half a toot on. Not that I’d hold it against him. Wondering if comment was made before or after lunch? In the town I grew up in the local bankers were the worst of the lot. Rarely blew a sober breath after lu…
”Generally I’d stay away from funds so labeled or named. Strategies vary and they can be a lot riskier than the name implies.”
@Mark - It’s not for me to tell people what they should or should not invest in. I was simply sharing my own personal vie…
@ Old -Joe. SCHD has a track record that goes back to 2011 if I am not mistaken. Not the oldest ETF out there but no longer brand new.
Maybe it replaced Schwab’s older income generation behemoth?
“Schwab YieldPlus - The theory behind ultrashor…
Generally I’d stay away from funds so labeled or named. Strategies vary and they can be a lot riskier than the name implies. One possible exception (perhaps not a “pure play” on that category) is VWINX. It is consistently praised by board members.
If you lived through it you know what it is. This is not it. The term was coined at the time to describe a uniquely troubled economic landscape.
Not to beg the question @Sven asks, which is a good one. For what I suspect lies ahead …..
Good comp…
Abbot uses the same reasoning dated back to 1999 Columbine high school shooting - metal health.
One might question his own. I mean …. A classroom full of little kids in his state slaughtered and he hunkers down …
“… considering Barron’s costs $20 per month….”
Prices will vary of course. But a Kindle subscription to Barron’s is currently $12.49 per month.
Depends on what you’re looking for. No one size fits all. They all have something to offer. I someti…
Sick dudes will happen. There’s a report the grandmother worked for the school district. Explains (to me anyway) why his deranged mind zeroed in on that unfortunate target. I’m not qualified to explain further.
Weapons of that destructive magnitu…
Are You A Left Brain or Right Brain Investor?
“Right brain investing requires little knowledge and no heavy thinking…”
“Wall Street isn’t about sound judgment and making prudent decisions for clients – it’s about selling to people who make impulsi…
@JD_co
Sorry. I was merely reacting to the numbers on the chart and not to any particular poster. However, I do think you’ve nailed it on the head with the accompanying commentary which I should have paid better attention to.
My “crystal ball” ha…
