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.
Thanks @JohnN for the above thoughts. (Others take notice.)
In my life experiences I’ve encountered only a rare few (fewer than 1/100) individuals like him in personality / character traits. Not a trained clinical psychologist, so won’t elaborat…
The sources will come out in time. One (as yet unconfirmed) source was John Kelly.
Marine Corps generals who left the Trump administration
Story: Business Insider
“Over time, Zero Hedge expanded into non-financial analysis,[c] such as conspiracy theories and fringe rhetoric[25] that has been associated with the US radical right and a pro-Russian bias. Zero Hedge's non-financial commentary has led to a number…
@Ben, I agree with a lot of what you say. Things are heated. Do you think it’s all going to die down on November 4 and we’ll all “live happily ever after ...“ as at the end of a Disney movie?
I hope you realize that by commenting initially on Mar…
Thanks@Mark for posting this. A line rumbling around somewhere in my brain .....
“The only thing necessary for the triumph of evil is for good men to do (or say) nothing.”
@bee - I’m sorry for whatever role I’ve played in the political mudslinging. I try hard to resist, but occasionally something I read here or elsewhere just pushes me to the point of speaking up.
Urging 100% your supporters to cast two ballots? A…
So the 'Law & Order' guy is encouraging people to break the law. Good plan.
@Mark - You don’t understand. The executive “law and order“ order applies only to certain ethnicities residing in certain cities having populations that vote a certain …
“ For the bears... what might trigger the correction?”
I’d take exception to the wording. Of course, any market can “correct” (financial stocks, technology, emerging markets, gold, real estate). Let’s assume you are talking about the broad U.S. st…
@MikeM, Good points. I understand there’s a difference between miners and the metal. They do tend to run together - but the mining stocks / funds are more volatile, as you’ve noted before. I’ve messed around off and on with OPGSX - one of the bet…
@tmadell,
Thanks. I didn’t realize yours was a free site. I also suspect the question you were addressing might have been abbreviated in print either to protect the identity of the investor or for journalistic reasons. I’ll assume you were aware in…
Not the greatest timing ! Or is it ?
“To be, or not to be, that is the question ... “
Dunno @Derf. I’ve asked myself that question a lot lately. Wouldn’t you have to be a little nuts to throw $$ at a mining fund that’s already gained 50+% in th…
“Investor: I am 69 years old and consider myself a moderate risk investor. About 80% of my portfolio is in stocks/stock funds, 17% is in bonds, and 3% in cash.”
Hmmm .... Suppose some of this depends on what specific stock funds are owned. But, by …
” Dewars for flying .“
Don’t normally drink while flying
I haven't lost a flight yet. Two in the departure airport. And two on the plane. But I'm not dogmatic if it's a short hop like San Francisco to LA. Or if I'm driving on the other end.
Flyin…
” Dewars for flying .“
Don’t normally drink while flying - or ever before dinner. However, on a nighttime trans-Atlantic flight couple years ago on Air Canada, I requested scotch (after whatever passes for dinner on such flights) and they brought …
Yeah - I’ve pondered taking a small spec on it. It was hot in 2019 so I’m guessing it won’t do much for a while yet just looking at its history on Yahoo’s great site. I’m in no hurry to add one more to the “fund collection”.
Minimums? If directl…
Just an occasional visitor - mostly Manhattan area. I’d say there’s a much greater danger of getting mowed-down by somebody walking and glaring at their cell phone than of getting mugged. Of course, you always need to be aware of surroundings no m…
Dewar's now is notably smokier than in the past, and there are others.
Dewars “12 Year” blended is probably the best value around here this summer at $30.00. Much better than their White Label. The price difference can’t be more than $5.
Dewars …
Only in the midst of an outrageously overpriced stock market can one afford to drink the stuff. Reasonably “palatable” scotch costs around $25-$30 per bottle. The next step up (mid-grade) starts at around $40. As Crash mentions, $50-$60 gets you in…
>> not counterbalanced on MSNBC by an equally gifted spokesman for the conservative side
@hank
- Uh-huh. Who could that possibly be? Gerson? Rubin? Frum? Of course not, they are all blisteringly anti-GOP now (understandably, like actually al…
Thanks Catch. Based on my few bond holdings, the mid-grade (AA/BBB) corporate stuff a bit out on the curve (5+ years) got whacked a bit due to uptick in rates. Shorter term stuff (1-3 years) seemed to hold up better. Foreign (investment grade) bo…
The mill I’m familiar with is pretty much a family operation (2 or 3 related families). I’ve seen log piles on-site like in msf’s photo there, but you’d be surprised how fast those get fed into the mill. Likely about 1 every minute or so non-stop, …
Thanks @BemWP. Spot on. I’ve got enough other “addictions“ without playing individual stocks and ETFs. A conscious decision made years back to protect me from myself. Every once in a while, however, I’ll spot a mutual fund at one of the houses …
I give up! But thanks all for the ideas.
Looking at the 3-month charts, nearly everything is up anywhere from 5-15% over that short period, even though YTD several funds still lag. Real estate might be OK as a bet, but not sure. Suspect it wo…
In our household we followed the advice of not tuning in so as to reduce the number of people watching. In fact, on Wednesday lightning fried our AT&T modem leaving us without internet, TV or phone for about 36 hours. Some might say we received …
These multi-flag displays always makes me question whether it’s an appropriate use of our national (one country under God) symbol? After all, men and women have bled and died for us underneath that sacred symbol. Not illegal. Not even unethical. Bu…
The mill where I’ve hung out (waiting to have my pickup loaded with scrap firewood) certainly looks like a “just in time” operation. There’s always big double-trailer logging rigs unloading, arriving, and leaving. It’s a bit unnerving to be in the …
I don't doubt that "often ... the loggers were sitting it out." The question is why? Because they were not allowed to work ("deemed non-essential"), or because of their own health concerns, or for some other reasons?
I don’t know much on this. B…
@msf - great chart. If I’m reading the chart right, softwood prices are highly seasonal - which explains some of the recent spike. And hardwood prices are trending down - with fewer folks out furniture shopping. Here’s a blurb which sorta explains …
Thanks. Yes. Hard to sit when you enjoy the game plus have some dry powder to play around with. My metrics are obviously the reverse of momentum investing. For short-intermediate term spec, I look for things that have done very poorly for several …
DODFX off 13.37% this year. Lipper ranks it at the bottom (1/5) in total return, capital preservation, tax efficiency and consistency . (But 5 in expenses ). M* gives it a 3. I know some smart people that own and like it. All I can make out is tha…
@FD1000 - I‘ve never maintained a separate cash stash either - aside from a small % within my allocation model as a buffer plus the year’s anticipated spending needs. That would put us in a minority here and also runs contrary to “conventional wisdo…
If you watch the video, Cooperman looks like he’s sitting on the beach on a tropical island. But at the end Tom asks where he is and Cooperman says he’s in New Jersey in front of a green screen. Not sure I believe it, but kind of funny.
That sure…
The first thing dictatorial regimes do upon seizing control is replace the legitimate media outlets with their own puppets
That's certainly one of the first things. The Bard had a different take:
Shakespeare's exact line ''The first thing we do, …
@LewisBraham,
“Slant” is not the same as inaccurate or false reporting. I don’t doubt those stats you provided. Networks can “slant” stories in many ways without actually “lying“.
- Selection of personalities (authorities) they “interview”
- …
@royal4, @wxman123
You’re both right. Both MSNBC and Fox are highly slanted towards their greatly polarized audiences. To me that’s reprehensible. More so when you realize networks have long used instant (sample) viewer polling / feedback which te…
Anyone who would call our independent press “the enemy of the people” would seem to fit that definition. Kill free expression and you’ve killed democracy. The first thing dictatorial regimes do upon seizing control is replace the legitimate media…
