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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.

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hank

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hank
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  • They were on top of the mountain in the late 90s. Even had a big professional sports stadium named after them in Texas. A lot of funds owned the stock. I guess what followed is legend.
  • This is the lead-in to a longer WSJ article today (online edition). So crazy I haven’t dug beneath the surface. But it does mention one of his sons is in Greenland laying some kind of groundwork. “Trump Ratchets Up Campaign to Gain Control of Gr…
  • Just rode a couple 727s 737s. Seemed to hold together pretty well. (Just stay away from the door plugs.) I recall flying Spirit once out of Detroit in the 80s on a trip to Tampa. We were delayed about an hour because they couldn’t find anyb…
  • WP was an excellent newspaper 25 years ago. Newspapers & broadcast used to adhere to a separation between opinion pieces and hard news. Nowadays it’s all jumbled together. Just a matter of degree. What to do?
  • Makes me “blue”. There are 2 sides to this coin however. No one wants the crew pushing the limits and taking off to meet a time-line (or to get the airline back on schedule) when weather, staffing shortages, mechanical or other factors make it p…
  • ”Two Roads Diverged …” ISTM the initial post dealt with dropping the medical and / or collision insurance (damage to your own vehicle). Liability (causing injury to others) is a separate type of coverage, mandated in Michigan, and probably most o…
    in Auto insurance Comment by hank January 5
  • Haven’t had time to read much of this week’s edition. But there’s an article referencing a “Fire Sale” in European equities with an admonition to hurry in before it’s too late. Another article focuses on opportunities in income - including dividend…
  • We have the option to discontinue the medical part of auto insurance in Michigan. Having a good health plan, I opt-out. Unfortunately, for my insurer this involves signing and mailing in a form every 6 months or you default back to the more expensi…
    in Auto insurance Comment by hank January 3
  • @dtconroe (1) I have enjoyed the thread and have learned from it. (2) You seem to have an extremely narrow (“needle’s eye”) area of focus. You choose to mention your wife’s role in your planning (obviously a very important consideration) but ob…
    in Maturing CDs Comment by hank January 2
  • It's about time that ol' FD had some competition! :) Well, with the S&P up 24% last year, you can bet FD easily doubled that! (Probably 50-75% ) I sit right at 35% equity exposure - mostly unpopular stuff - half of it non-U.S.. Don’t want to…
  • In reading the various recent posts regarding banks and brokerages, I assume everyone's spouses have the skill sets, to do all the financial transactions online, without your direct assistance? With regard to Schwab, there is no local Schwab office…
    in Maturing CDs Comment by hank January 1
  • And Happy New Year!
  • @Derf - Maybe they’re out buying C/D s now to lock-in those back to back +24% years! Thanks @JD_co for the numbers.
  • Thanks. Your summation makes a lot of sense & is consistent with what I read in the WSJ this morning. Still, pretty sketchy information. Ever curious.
  • You’re correct @Old_Joe. The various reports I can find say no gear at all. Looking at some grainy images it looks to me like the main gear is partially deployed. Perhaps not relevant, but the original 737 never had a full sized gear bay with retr…
  • Back to the OP. You just can’t be too careful today.
  • He was a tremendous human being. The world could use a lot more folks just like him. Yup.
  • Cheers! And thanks for serving as my backup. :)
  • Apologies @Old_Joe / I hadn’t fully read your detailed second excerpt before posting. If the report is accurate , then they were dealing with a lot of late-breaking problems and were attempting to / or did attempt a go-around. Like you said, th…
  • Thanks OJ. sounds like you’re more up to speed on the sequence of events. I was actually going to add to my earlier comment that if they had indeed lost an engine, than a routine “go around” when landing issues surfaced might have been too risky to…
  • Hi @Old_Joe. That was a 'word test' to help determine cognitive skills. And you, kind SIR , are at the top of the excellence scale. Have a glass of wine with my blessings. :) Be sure your dear spouse knows that "I said so". +1 But watch that wine …
  • Strange isn’t it? Doesn’t sound like the most capable operation in the cockpit and - possibly in the tower as well. I’m thinking something similar to this - where the bird strike issue may have distracted the crew from flying. Excerpt: ”The …
  • Smallish nips of NSRGY & FLO. Like the X girlfriend or wife you can’t quite get over. Happy New Years guys. Thanks for keeping this thread running. I don’t mind wading through multiple pages at all to read the latest..
  • Thanks @yogibearbull. Encouraging to hear. I’ll have to do some additional research before buying if / when. I guess the ETF craze popularity has really thrown a wrench into the workings of smaller OEF providers. (larger ones as well)
  • Thanks @MikeM / I don’t think M* mentions the buyout. Explains a lot.
  • @BenWP nailed it. I’ll lead off by saying that the Accord was easier to exit then the XSE. Seemed to have wider front door. But being sportier, I tend to lower the driver’s seat (powered) more in the Camry and lean back a bit with legs stretched…
  • Thank you to @msf for all the research. Very thorough look at investment grade CLOs. I can understand the “just because it never happened before …” comments if we hue strictly to @dtconroe’s goal here which seems to be to remain in a cash equivalen…
  • It is better to understand the basics and contemplate than to eat what product selling financial institutions feed us. (loop back to YBB's post re ratings and securitization). No disrespect specific to VanEck intended (I use their products.) I …
  • Human beings need reminding the same thing every few years to protect them from themselves. By now, in the minds of many, GFC is just an acronym devoid of the depth of its true meaning. All the more reason to understand the difference between CDO…
  • I would trust AAA rated corporates over AAA rated securitized stuff. There are lots of assumptions built into AAA rated tranche of structured credits that may have only A or BBB rated underlying portfolios. So, I won't take AAA CLO at face value, …
  • There weren’t many investment grade CLOs available at retail prior to 2020 when JAAA opened. HSRT came up in a web search. It gained +3.77% in 2020. I would never recommend one as a cash substitute. I confess to having misread the original post a…
  • @hank You bring up an interesting point. Still I'd rather pay the piper for a Toy build in the USA, than one coming from overseas Not that simple. Some of us think today’s big square boxes on wheels lack class, sophistication, sex appeal …. or wh…
  • Stayin' Alive(@Mark’s title is also a link to Springsteen’s version folks) Having Camry’s audio upgraded today. Will pull up Stayin’ Alive to test the new woofer.
  • ”A 10 year bond with 5% coupon has a duration under seven years.” - Wow. You learn something every day here. BTW - I inputted “intermediate” at M* and pulled up the first fund it found. So, SNIDX wasn’t meant to be a recommendation and it may not …
  • I'm aware I would need to keep a focused eye in order to avoid a buzz cut! For sure. You’d be safer I think laying a wager at DraftKings on something. And wouldn’t need to wait 30 years to find out if you were right or wrong. However, if the curr…
  • Mine was assembled in Kentucky. But it isn’t that simple because some of the parts were manufactured in Japan or other nations and shipped to U.S. for final assembly. Those parts will be tariffed and raise the vehicle price. Also, Ford & GM as…
  • If I remember correctly, GOP wanted to privatize National Parks. Then it would indeed be like Disneyland. Maybe turn Greenland into a privatized National Park?
  • ”If you want to "convert" the rest of us CD sinners, you will do it without restraint on this thread.” LOL - Good one. MFO is open to many forms of investing for sure. And different types of investments work together to create whatever perfect ha…
  • You are absolutely correct that each poster/investor is unique in their own ways. I was directing my thread to other similar posters with "maturing CDs", and I was curious as to what CD investors were choosing to do with that cash. But there are…