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.
@Derf - Take it as a “rough approximation”. Notes on the Roth conversions still exist. But the running tally of exchanges I maintain only goes back about 3 years. The day the bottom began falling out stands out in memory as I was driving up to Mi…
A diversion of sorts. Can’t help reflecting on the ‘07-‘09 “dip”. Over that approximately 18 month period I abandoned the normal allocation model. The market freefall and growing public panic began in the late summer or fall of ‘07. By the end of …
Well, the steady march upward seems as convoluted and hard to explain to myself as it does to many market observers. The nice thing about maintaining an allocation model is it prevents us reacting emotionally to whatever perceptions we and the pundi…
Nice stuff. Thanks @msf for the comprehensive write-up. Particularly pertinent is the role of federal & state regulation which has undergone substantial changes over the years making comparisons of different periods difficult.
My understandi…
From the pen of Randall Forsyth this week …
“You get off a roller coaster the same place you get on, which pretty well describes the week just past. After a nearly 2% plunge Monday, the major U.S. stock indexes ended the week at or a bit above wher…
Yes, @Derf - I see that. Here’s one discussion I removed from another board that tries to shed light on the two different symbols.
“EGRNF looks to be a foreign ordinary. It doesn't appear to be an ADR - these are known as F shares that trade OTC.…
Did you mean EGRNF ?
For every seller there’s a buyer. So, someone’s buying. The sharp decline alone wouldn’t deter me from investing a small percentage of assets in it if there were other compelling reasons to buy. IMHO buying and selling this on…
I happened to watch the whole show. Powell acknowledged year-over-year inflation is running well above their targeted 2% rate (now projected at north of 4% for the year as I recall). Also, Powell took a lot of heat during the press conference (a…
On the surface it makes sense if your goal is to position your more aggressive holdings so that they become subject to RMD later rather than earlier. Of course, there are plenty of unknowns here, including how well you and your DW (dear wife) are a…
Agree with the sentiment here that the major indexes are expensive - probably in bubble territory. Generally, I don’t try to time markets. Have owned a small slug of DOG for about a month as a meager life-raft of sorts. Sold about 20% of that posi…
@Derf, Not all sites have this. Best to check first. But I did one time come across a setting at Fido where you could switch the EC (elfctronic condom) “ON” or “OFF” depending on whether or not you intended to use an obscene password. :)
thanks @Catch - Nice chart if one clicks the link.
BTW folks - My Lipper chart appears to display properly at first, but than looses traction for unknown reason. So, here’s the LINk to said chart.
@Catch22
Nice. Thanks. Has me wondering … Does this ETF only go up?
It’s possible that chart reflects investor enthusiasm for TIPS (a fad) rather than real value vs conventional bonds. Charts that go up in that manner sometimes do. Looks like it’s…
”when a website forces me to create a password longer or more complex than my usual, i get mad at it, then create a truly obscene pw. i suppose that works, though not intended.”
If you are the only one who knows the password, I seriously question wh…
- “IMHO, an argument for purchasing Series I savings bonds now instead of after Nov. 1 is that you're getting a guaranteed 3.54% (annualized) rate for six months in addition to whatever the future holds. Not too shabby.”
Not shabby at all. Is the…
Yes-and with the departure of an esteemed member who shockingly provided numerous jarring comments, I hope things will settle down going forward! (I wish that member would resume posting-just without the political comments!)
All true. I’ve reached …
“A password manager program makes managing multiple, complex passwords much easier.”
Good advice. But as someone who cut his computing teeth on a Vic-20 in the early 80s, my gut reaction is “Damn. How’d we get to this point?”
What’s next? A m…
Fortunately the political threads and extraneous political comments were made by only a handful of members …
Thanks. “saturated” was the wrong word. Maybe “increasingly prone to”?
The biggest problem with the political posts occurs as an election nears and the board becomes increasingly saturated with endorsements favoring some candidates, condemnations of others and as Twain would say, “lies and damned lies.“ For those of …
@Seven - I won’t get into the possible discrepancy on percentages - but you’ve done a very nice job summarizing Geroux’s current approach and thinking. Certainly sounds like his creative genius at work. Barbell formed from utilities on one end and …
Is the gold position in PRPFX, gold metals, or miners, are good hedge against inflation?
Good question, Without digging thru the latest report, I’m pretty confident the gold and silver reflected on the chart below are in bullion or certificates of…
One of the portfolio stats that jumped out at me was that bond holdings only accounted for 1.4% of fund assets. I'm a bond novice compared to many here who are able to speak with incredible knowledge, but this fact certainly says much about Giroux's…
@hank- your CR link is certainly informative and interesting. :-)
OJ
Yes - I always assume this is a very mature audience at mfo, able to handle delicate subjects with aplomb.
@Derf, As laid out in my original post on the topic, this is a 3rd party seller operating on Amazon, exactly the type of arrangement Lewis’s OP addresses. Delivery was by UPS.
@Old_Joe - I’m sure you could buy and sell me several times over. But, hey, if a $79 CR suffices for your “bare” essentials - than good for you.
Picked up what I wanted from a smaller retailer here. Paid-up for color to match some existing bath…
RE: “Here's How Amazon Third-Party Sellers Reportedly Hound Customers Who Leave Bad Reviews” .
Yes, I have become such a victim - first time in near 20 years dealing with Amazon. The seller refunded the full (approximately $375) cost of the broken…
Oops! … The information I relayed yesterday in quoting from a subscription blog proved incorrect. A reader questioned author Bill Fleckenstein’s prior assertion and, to his credit, Bill published that exchange for his readers today and admitted the …
That’s one of my favorite lines, spoken by one of my favorite performers, Gene Kelly, in the 1960 film “Inherit the Wind.” Actually, that film (and the play by Laurence & Lee) is loaded with great poignant one-liners. And who better to delive…
I’m not sure I’d trust Capote on anything. May have been bright, but also one weird dude. His 1967 In Cold Blood was the hottest thing in print the year I graduated from college and began a career (around 1970).
Check with the others from MI, but …
Did you mean to post a clip that is only 1:22 minutes long or did something got cropped?
@BaluBalu - Thanks for catching the bad link. The updated one should be for the full 24 minutes.
Agree with @Observant1 that Rubinstein does some good intervie…
Some of those top holdings are just the companies I love to hate. Crap. But I can't pull out now.
“… for those … who might be wondering, if you put a dollar into the S&P, 41 cents goes toward Apple, Microsoft, Google, Amazon, and Facebook, wi…
Confirm. It was mucked-up for a few hours mid-day. Some parts, like the September Commentary, appeared to load. But not the Discussions. All OK now.
(Had a really intelligent comment to post … but seem to have forgotten what it was. :))
Having just completed an exhaustive search for an income fund to plug a hole in my “multifaceted income” portfolio spot, I’m inclined to suggest the name of these be changed from “floating rate” to “sinking rate”.
Of course, low rates of return exi…
“Don't see any mention here about the speaker...pelosi.”
Yeah. I don’t know how Forsyth missed that. Since it’s not mentioned in the referenced article, I’d appreciate your starting a separate thread on the topic rather than using this thread as a …
@msf said “It's not that Rose might leverage nonpublic knowledge, say that some teammates were playing with hidden injuries, to make profitable bets. It's that Rose had the power and ability to change conditions so that bets he had made would pay of…
As an early investor in the Templeton Funds (1970s) under Sir John it hurts a little to see the name in use by much larger (and publicly traded) Franklin. The original Templeton complex was a class act. I never thought as highly of Franklin which ac…
The real money’s in the online gaming companies, not wagering on games. The chart below shows U.S. market share. I’d say that’s a reasonably accurate representation of the real winners here. Super bowl? You bet! (no pun intended). These guys will…
Here’s a related article. More complete than what Forsyth’s article contains (Forsyth was trying to cover too many bases in one piece.)
https://www.dallasnews.com/business/banking/2021/09/09/dallas-fed-ceo-robert-kaplan-traded-millions-in-stocks-li…
Was watching CNBC. I’ll never forget the (almost quizzical) intonation and semi-staggered delivery of lead announcer Mark Haines when he / they realized a second plane had just impacted.
Haines: “Than (pause) this was no accident.” - Silence.
I…
