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.
“There will be riots if these jokers continue to push this lie ...”
Yep - I believe that’s what he wants. An excuse to send in well armed Marines to “restore order.” As far as Trump / Biden “supporters”, Mr. Putin, or anyone else, would have no tro…
Yes. And the question would seem to be why with only 10 weeks left in his administration would he replace so many high ranking experienced professionals with a group of inexperienced (likely unvetted) individuals?
- (Just) a childish temper tantru…
Thanks for taking a look @Mark. The photo is a “cheat” - as it’s a MS 70 “proof“ coin specially minted for collectors (to celebrate 50 years of K-Rands) in 2017. Same gold content and overall design - but minted using higher relief dies to give …
"Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it.”
I dig it @Mark. But have you ever beheld the beauty of a one-ounce Krugerrand close up? H…
Financials have been value stocks for a good while. With an abrupt uptick in rates (and a steepening yield curve) financials have done well. Long-dead Dodge and Cox has begun to awaken in recent days, due most likely to their long held bet on risin…
Hi ron,
IMHO there’s too many variables to arrive at an answer, though various good approaches may be considered. There’s so many variables I won’t even attempt to list them. I’m 74 with 65-70% in Roths and the remainder in Traditional IRAs. I …
Where is rono and others who invest in gold ?
End of day update - Miners lost a bit over 6% today. About what they gained 3 or 4 days ago. Re @rono. He posted on the OT board last week. Sounds well. I agree we could benefit from more of his wisdo…
@Old_Joe - Is that photo from the old TV game show: Who Do You Trust? ?
Nice word play too. It occurred to me he might be trying to line the military up behind him for ... “whatever“
@TheShadow / Thanks. Those who know me know I’m much more apt to “stumble” onto something after wandering around blindly than to learn and plan in advance the way most people do.
Your timely notifications of fund openings, closings, etc. are grea…
Looks like @Mark took the grand prize with this one - https://www.washingtonpost.com/opinions/2020/11/06/bonnie-glick-fired-trump-post-election-purge/
But we have amother winner! This one‘s a bigger fish - Defense Secretary Mark Esper. https://ww…
Sold one spec position PIEQX opened last March. It hurt to sell, but it’s up quite a bit from time of purchase. Global markets are screaming hot today. I still retain a small spec position in DODFX which I bought more recently. It’s loaded with fina…
Remember Pfizer and Moderna vaccines require to keep frozen at least -2 C (dry ice temp) while flu vaccine is kept at refrigerator temp. Logistics on distribution will be a challenge but it can done ...
Good point. I learned only recently that the…
On vaccine news or election results? I'm sure the media will be punditing it all day today.
Both. I checked the futures around midnight before the vaccine news broke. DJ was over 400 points higher and rising.
Here’s a contrarian view (mere sp…
I just tossed it out there for reactions. May or may not represent my own viewpoint. Thanks to any and all who comment. Your thoughts on my modest proposal are greatly appreciated. :)
Proposition: Elections of federal officials should (1) be decided solely on the popular vote, (2) should operate under a uniform set of rules, (3) should be conducted under the auspices of one centralized federal agency.
Implementation: Best …
At this moment Fox is displaying “BIDEN ELECTED 46th PRESIDENT“ on-screen and featuring the fireworks and music from Wilmington, DE, having just aired Biden and Harris’s speeches in entirety. (One of Biden’s better speeches and delivery).
Trump…
@Catch22 - Welcome to the “new and improved” OT section. Great having you over here in “our little corner of the universe.“
I’ve always wondered how many folks advantage themselves of that voice transcription. I practically lived with a typewriter …
So much of fund performance seems driven by fund flows...especially for bond funds. Does anyone know of a screener that tracks this?
I agree that fund flows can both accelerate a fund’s positive performance when money is streaming in and exacerbate…
Catch - I’d call it “voice transcription”. It’s been built into IOS products (ipads /iphones) for many years. You enable it first in “settings“ and than tap a microphone symbol located on the keyboard before you begin speaking.
I’d term it a bit …
@Hank- Ah, yes, I see now- the long version. Thank you very much. OJ
Hi OJ - I’d just listened to Kevin McCarthy on Fox last night (addressing the Trump speech) before seeing your post. Was just too damned angry to write anything. Deleted a couple…
+1 @VintageFreak
Whatever tightens your screw
Whatever rings your bell
Whatever floats your boat
Whatever greases your pan
And if solo guitar is what starts your car
Here comes the guitar man.
Whatever tightens your screw
Whatever rings your bell
…
Hi guys. I should have said “I stand corrected.“ :)
@FD1000 - You caught me off guard with the “peak-to-trough” lingo. Frankly, other than from John Hussman, I haven’t heard the term tossed around much. When Hussman uses it he’s usually also refere…
@Catch22 - Thanks. The roof fell in on a lot of stuff in March. I was busy buying up stuff, so didn’t pay much attention to short term losses. TRBUX, the ultra-short, which I also have held from inception, dropped about a dime during that brief p…
TMSRX is another animal. There are many bond funds to select from. It lost over 9% in the last meltdown (peak to trough)
Huh? TMSRX opened in February, 2018 - so is less than 3 years old. I checked at Yahoo and could find no record of a 9% drawd…
@Old_Joe,
:) No. I hadn’t considered it a chastisement of you or other board members in any manner, shape or form.
What I intended:
I fear, loath and detest that some in high places would seek to redress grievances pertaining to our democra…
I’ll come at this from a somewhat different direction. May or may not make sense.
MFO is the only public internet forum I read or post on. I appreciate that most of what transpires on this forum is reality based “nuts and bolts” communication rathe…
Wow-pays for a 20 bottle of soda with change left over !
Thanks @carew388 for doing the “tough math”. I suppose you’d need to let those earnings build for a number of years to buy a glass of good scotch.
Sold GDX Gold Miners ETF. >50% return in less than 6 months, pigs get slaughtered. I'm also unclear has to how much more upside might be pulled from this holding.
@Mark - I hate to inform you the sky is the limit. A lot of the appeal is emotiona…
Or maybe short-term market moves don't mean much?
Depends what kind of meaning one is referring to. If looking for some long term trend, than no - a few days’ action doesn’t tell you much. I get whiplash watching oil prices move around. In eff…
Another one posting here characterized RPSIX to me as "a good place to hold money when you haven't decided yet what to do with it."
I made that comment 5 or more years ago. Things change. As noted elsewhere, within the past 10 days, I closed out my…
@Old_Joe - The large + - numbers have me a bit befuddled as well. In some manner they reflect what you’d currently pay for a wager on one or the other candidate and what you’d get back should he win. The lower his chace of winning, the more your pay…
RPSIX +0.85% YTD // 10 year average + 4.28%
We could delve into numerous issues confronting this once fine fund, notably its exposure to a value-leaning equity fund, as noted by msf.
I’m inclined to think it has more to do with the extremely low …
