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 for the info @Catch 22. I might have helped avoid confusion initially by clarifying that my musings on the issue pertained only to holdings at T.Rowe - not TIPS generally. And my reference to “a safe place to park cash” was bit of a reach -…
@hank; Did you give any thought to composite decking ?
Derf
No. Good composite is way more costly than treated wood. Same guy rebuilt the front deck with treated pine last year. Liked it so we…
Howdy folks,
"will there be a second wave?". Of course there will be a second wave and just like in 1918/1919 it will be MUCH WORSE than the first wave that we're still experiencing. Even if preventative measures hadn't be politicized, we'd STILL…
https://www.cnn.com/2020/06/26/business/india-china-tensions-global-business-intl-hnk/index.html
So many sentinel events out there
Cash maybe king now
Think dows headed towards 12000 levels in 3 _4 wks?
John, I fail to see how an article about vari…
Thanks @Mark. Builder normally buys what he can from Lowe's where he receives discounts based on total purchases and thinks their quality better than others in area. Judging by the many Google searches on “lumber shortage” many others across the n…
@Mark,
What some business folks are telling me - as long as they’re getting those unemployment / stimulus checks many refuse to go to work. My builder says he can’t find enough workers, and all the suppliers up here are completely out of treated d…
As Cases Surge, Pence Insists the Country Has Made “Truly Remarkable Progress.”
https://www.motherjones.com/coronavirus-updates/2020/06/as-cases-surge-pence-insists-the-country-has-made-truly-remarkable-progress/
I think he already realizes he’…
@Catch22, My reference re 30 day trading block pertained to the two inflation protected bond mutual funds I mentioned above: PRIPX & TRBFX. Based on past experiences, the block hasn’t affected ultra-short TRBUX. But since it’s no longer cited a…
Interesting reference (in the original post from @rono) re inflation protected bonds. There’s several smart folks now saying their valuations are attractive. I’ve looked at these long and hard. Still can’t get my head fully around them. The proble…
“No silver bullets in this area folks... no silver bullets.“
Yeah. That sums it up pretty well. On the topic of silver bullets, here’s what Phrase Finder has to say: “We now use the term 'silver bullet' to refer to an action which cuts through co…
We listened to a lot of l that early stuff on radio in my HS English class when I was 15 or 16. First, Al Shepard. Next, Gus Grissom. Third, John Glenn. Al and Gus did sub-orbitals (up & down). Glenn was the first American to actually orbit…
Can’t get over the fascination with “income” in an extremely low rate environment where U.S. government AAA paper is yielding practically nothing (0.65% this morning on a 10-year bond). Let’s go out a bit on the credit spectrum and assume maybe 2% o…
"These actions violate existing law, bypass Congressional spending authority, shift the risk of corporate losses from private investors to the public ..."
I'm shocked!
I’ve had friends (yes, still have a couple) who claim that not enough people own 401-Ks, IRAs, etc. to make a difference in voting. I think what they miss here is that those who own such investments tend to be better educated and wealthier folks a…
Lipper is showing OPGSX up 60.5% past 13 weeks and 40% for 1 year. Definitely feel like I’m doing a high wire act with this one. Maybe one market area where Tweety is having a positive effect?
Edit - I blinked (sold some more). - “A bird in th…
Thanks @rono. Interesting summary.
I sold off some of my mining fund today (OPGSX). Had a good run-up since March. Gained 3+% Friday alone and over 4% today. Lobbed off about 25-30% after it breached my own pre-set limits. Still high on gold long…
Not worth losing your life over. Sounds like some sort of options / derrivitives based trading. Nasty stuff when it goes against you. Include short-sellers in that herd too. I toyed with buying an energy fund when oil was plummeting a couple months…
@Old_Skeet,
You have a right to speak your mind. I think you injected a fair amount of politics. I won’t respond or try to analyze your various points, as it would just serve to emphasize the political aspect here - the very thing you claim to be o…
Persuading those who already support you. Is that not an oxymoron?
Maybe it’s the other way around. They’ve come to hear him speak because they already like what he says and how he says it. He’s giving them what they’ve come to see. That’s the sca…
Well, "persuasive" has always been a basic requirement for snake-oil salesmen, hasn't it?
I prefer to say “It plays in Peoria.”
It also plays in most of Michigan outside of the major population centers like Wayne and Oakland counties in the souther…
persuasive?
@davidrmoran, I thought the crowd ate it up. Did you watch or listen? BTW - I’m speaking only of the speech delivery (oratorical) techniques, not the quality of argument, reasoning, evidence, etc.
Here’s some links to studies, descri…
Listened to the speech on Fox. Fascinating study in persuasive oratory. Certainly knows how to work a supportive audience.
Hoping for best, but hard to believe this won’t make Covid 19 situation even worse than already is. And he made mention of ”…
I tend to think the Biden folks who did show up (despite the health risks) wouldn’t have turned tail and gone back home due to some “radical” protesters:
Trump campaign CANCELS the President's speech to Tulsa's outdoor crowd, claiming radical prot…
"The next ceiling of resistance is around 3,250, if we can clear that hurdle, Garner believes it's smooth sailing to that high," the "Mad Money" host said.
Geez - The stock market really has become a Casino.
Agree with @rforno that most of these asset classes are outside the capabilities of smaller investors to own or manage,
Interesting Coincidence: Steven Roach (cited by @rono recently) has strong ties to Yale. From Wikipedia: “Steven Roach is an …
Just “Latin” American?
:) - Well .... It’s a matter of degree I guess. We’re working on it. Apparently Argentina’s printing presses don’t function as effectively as ours. And per another thread, Tweety doesn’t compare to Bolsonaro. (Note: I was a d…
“Even including 401(k)’s and individual retirement accounts, only 55 percent of Americans are investors in the market, according to Gallup, down from 62 percent in the early-to-mid 2000s”
Excellent article. Thanks for the link.
When it rains it pours ... Reading MFO and following Bloomberg ... it now appears that we are in the midst of an inflated dollar ... inflated bond market ... and inflated equity market.
Where to hide?
- It’s hard to call cash “inflated” at t…
Couldn't view @rono's CNBC article. Seems they wanted me to download the CNBC app. I did, however, read a pretty good account of Stephen Roach's prediction on Bloomberg. (Linked at the end.)
My quick take-always:
- "Dollar decline" has relevance …
@davidrmoran- I'm asking an expert. I've already read all of your googles. If you know more than sma3 lay it on me.
@Mark. You're lucky. You only got 3 to read. I got 8 last time.
- Re “Weekly strategy” ... Does anyone here actually change their strategy every week? Sounds like a good way to get run over by a truck.
- Re Robert Frost ... They’re misconstruing the meaning of Frost’s “The Road Not Taken”. They misreprese…
Re: Investing for Income in Today's Environment ...
Two thoughts:
(1) Like Bartleby, the obstinate law clerk, in Melville's Bartleby, the Scrivener ... "I'd prefer not to."
(2) A contrary opinion might be "Get 'em while they last." - as you …
“Reviewing fund performance at mid year is dangerous business.”
Hi MJG. Yes, if doing so while standing out on the ledge of a 80-story NYC skyscraper, trying to read charts on your tablet in the bright sun’s glare while slipping off your sandals b…
Generally I try not to say what I own because each person's needs are different ...
Commendable. I've been trying to follow the example and have learned it's much harder than it sounds.
Probably should have included this in @bee's "fund review"…
Hope not too non-topical. Just based on relative performance of some funds I hold and following various print / non-print media:
(1) Following the March meltdown, value stocks began to outperform many other sectors. That was a surprise after the…
