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.
Selling PRPFX. Good long term hold, but the pace of the last year (+28%) cannot be sustained IMHO. Not a prediction of imminent doom. Just a “step-back-and-look” at its historical patterns. Two big contributors recently have been precious metals…
”One of the wisest pieces of advice for new grads earning their first salary is not to buy a BMW”
Well … I’d agree up until 75 years of age or beyond. Certainly not a prudent financial choice. Photo of one I looked at in an area dealership (Serie…
@BenWP - Sorry to hear of your daughter’s near tragedy. Hoping she came through unharmed. Reminds me of 15 years ago when I had a rented Ford Escort totaled under me while waiting at a red light in Key West. I was the middle vehicle in a string of…
Two excerpts from this week’s Barron’s that may relate …
(Excerpt #1) Randall Forsyth comments on scheduled Dec. 18/19 FOMC Meeting …
”Given the largely as-expected jobs report, the federal-funds futures market put an overwhelming 85.1% proba…
Thanks @Mark. I love M/W’s quote pages which ISTM are running Lipper. This year I was getting blocked out a lot and stopped using them. I thought that with my $45 subscription to Reuters (mentioned elsewhere) I’d gain access to Lipper - but appare…
“Does Fleckenstein have a free email or do you have to subscribe?”
Subscription $130 YR
This takes you to his daily commentary one year ago (in this case 12/7/2023). “Ask Fleck” on the left links to the Q&A section. Be aware that by agre…
I scanned Bill Fleckenstein’s site going back a few months and found no mention of this discovery. Lots of gold bugs there - some very well versed. So if it were a big deal I’d expect some comments. Bill has long been bullish gold - but I’m not…
This thread has migrated from the “Off Topic” section onto the big stage since I submitted my list of ”Best for…”. I’d like to note that the reference was only to the sources I currently subscribe to and not intended as an overview of all sources.
- Best All Around News + Financial Information - The Wall Street Journal
- Best for Investment Ideas / Insights - Barrons
- Best Deal Right Now - Reuters @$45 annually (monthly rate available). I found the internet site loaded with distracting st…
So good to hear from you @dtconroe. Was concerned about your absence. You have so much to offer when it comes to fixed income investing.
Re ” … or jumping back into the more active investing options “
A couple years older here and never been th…
Thanks @FD. your earlier comments about car shopping were helpful. I recall you got a dealer to put a substantial amount on a credit card. I tried that trick. But they cited a $2,000 cap. But with nearly a year left on my 0% Fido Signature card, the…
@Old_Joe - You beat me to the punch! Was going ot post this. Well, nice gesture by Hegseth. I like that. Wish him well in sobriety.
OTOH - Please remove my name from consideration for the position … :)
I've never thought of Motley Fool as an investment house. I always thought of it as an entertainment site that makes money through advertising. Even their stock recommendations seem to be subpar.
@MikeM - I received an anonymous tip from a fella I …
@Derf - In answer to your questions: No / Yes
- Tires not a big deal. I’d surely have purchased winter tires next season. Cars need to be able to stop as well as go. Why not have the best possible grip on the road?
- This model has power s…
Hope not too far removed. There were numerous sellers up and down the sidewalks of Times Square when I visited NYC a few weeks ago with stacks and stacks of unopened Apple products for sale at 50% or more off. I use mostly Apple products and know w…
Thanks for the suggestions folks. I’ve always had separate winter & summer rims + wheels and generally changed them out myself with a floor jack. But these 19” look like more then I want to deal with. Try lifting a 40-50 lb rim + tire combo i…
FD confirms everything I could dig up. But if you want an expensive show-boat BMW seems to stand out for quality among the Europeans. VW’s got issues. The JD Powers list I posted was a “one-off” uncovered during extensive research. Interesting, b…
But why do we need laws? Doesn’t “individual freedom” mean not having to kowtow to rules from outside authority? If I don’t want to pay taxes on a profitable investment or store my firearms in a childproof safe … Or if I decide to screw somebod…
As well to you, too !!! And all here, too.
@hank will likely have his snow blower in action before the weekend is finished.
Winter storm warnings flying for the next several days. The forecast potential for a foot or more of snow seems overblown, …
You might take a look at CMRGX which is about a year old. Not a recommendation. I have long invested in some of Calamos’ other funds. Generally they are a bit risk averse if that’s what you want. Won’t outperform in good markets.
Somebody needs to send a copy of this “Reduce Growth Significantly By Being Out Of The Market” thread to Warren Buffett.
Warren Buffett’s Berkshire Hathaway dumps $75.5 billion worth of stock and halves Apple stake
”Berkshire Hathaway Inc. slash…
Interesting chart Yogi. Thanks. I remain to be sold on the relative merits when considering actively managed funds. Agree that for index investing etfs are a no-brainer. When you have at least a 10-year time frame (preferably longer) to compare …
FWIW - I’ve checked around at various dealers across the state. There seems to be a genuine shortage of anything foreign branded - sedans anyway. If you want much choice in colors or features good luck! I’m thinking that many are rushing to beat…
I’ve done a full circle since moving from TRP’s in-house funds to a Fido brokerage. The freedom to own etfs, CEFs & stocks felt great for 2 or 3 years. But the gyrations during the day drove me crazy - though I realize you’re not supposed to lo…
Scary. I haven’t yet figured out how to scan anything with my phone. In this case, at least, ignorance is bliss.
Recently some security professionals have recommended family members assign themselves a secret password known only to them to confir…
Well, up here in northern Michigan we rely on imported veggies and tomatos (technically a fruit) from south of the border in winter. A frozen wasteland here. Now a 25% tariff aimed at we salad eaters? RFK - I thought your plan was to improve our …
@hank, fwiw, a guy at work is looking at the Lexus ES 350 ultra luxury car. Beautiful car in the pics he showed. Lexus, of course, is the up-scale Toyota brand.
Thanks Mike
Like BMW, the nearest Lexus dealer is a 3 hour drive to Grand Rapids (mid…
