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hank

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hank
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  • The other link to this story seems to have been deleted now. Myself, Ol Skeet, msf (and perhaps others) had commented on it. As I mentioned on that thread, interest rates have pretty much been trending downward since the early 80s when Fed chair Pa…
  • Thanks @David_Snowball for letting us know. As I recall, Slick joined not long following the death of her husband, more accustomed to making the big financial decisions than she. She was a quick enthusiastic learner. Always most gracious in than…
    in Deb Walters Comment by hank July 2019
  • Anytime I see “may” in a headline like this I’m wary of the actual substance of argument. But it’s a good read. TRP appears to offer a Target Income Fund. It appears quite new. Structurally, how would this differ from the target payout fund (VG and …
  • When I posted, I didn’t think it was necessary to explain the relevance of Amazon to investors. But FYI: A. Amazon is a major force in the U.S. economy with $232 billion in reported sales in the U.S. in 2018. https://www.statista.com/topics/846/am…
  • ... @JohnN - Did you intend to make a comment?
  • I agree with the comments mentioned so far but I also feel that it's fair to say that I don't recall a past president who has called out (positively or negatively) individual companies or their CEO's as much as the current one, not to mention his cu…
  • Great thoughts @jerry - I agree the markets seem boring. (Be careful what you wish for.) Personally, I come here because I’m intellectually curious about many things financial. I hardly ever trade. I enjoy hearing others’ reasons for buying, selli…
  • ”Anyhow, there simply is nothing good to be said about The Trumpster. Negative adjectives cannot do justice to just how corrupt and immoral he is.” @Crash - With all due respect, I don’t believe we should be discussing politics here - and believe…
  • - https://www.mutualfundobserver.com/discuss/discussion/50869/are-airlines-in-america-among-the-world-s-worst - https://www.mutualfundobserver.com/discuss/discussion/47011/they-own-the-system-amazon-rewrites-book-industry-by-marching-into-publishin…
  • Not really news. But, yes, it was an incredible first half. Many different sectors profited. What else can you say?
  • “Chasing these hot funds thus appears to be chasing funds that happen to have high momentum stocks, though not necessarily chasing momentum funds.” - I think you mean the funds themselves aren’t moving in a fashion consistent with having significan…
  • Father of the Mustang - I must be getting old. Seems like just yesterday Lee was on TV hawking Chrysler products. Great salesman. And one with cars in his blood! Geez - do they even build Chryslers anymore? We’ve pretty much turned what remains …
  • @Charles is a data guy, for which we are grateful. When I subscribed to Barron's I found the data pages were perfect for getting the kindling and logs going in the fireplace. I’m thinking the same thing. Charles likes data - in which I hear Barron’s…
  • You don’t suppose the Saudis have been reading our discussion board the past few months ? Here’s the original thread from last May. I’m grateful to so many who contributed so much to this thread. Reads like a damned encyclopedia on the 737 / 737-M…
  • @MikeM. I bought some PRPFX after the rest of you guys fled. Converted it to a Roth in January 2016. In the 3.5 years since the conversion it’s up 27.35%%. Not great - but not bad either for a fund so despised here. Represents 11.5% of invested ass…
  • If you continually monitor the M*, Lipper*, etc. charts and keep shifting money away from the poorer performing funds into the better performing ones in each “category” (as a good many do), than I’d say you are a “closet momentum player” - though pr…
  • If you continually monitor the M*, Lipper*, etc. charts and keep shifting money away from the poorer performing funds into the better performing ones in each “category” (as a good many do), than I’d say you are a “closet momentum player” - though p…
  • IMHO, There’s none better on a daily basis than the WSJ for financial news. And provided you read all the copies, subscriptions are cheaper. But for the occasional reader, why limit oneself? Here’s what I do (and suggest others consider): 1. Get a…
  • @msf - I would say you are essentially correct. I checked a couple different sources before posting that comment and none explained it like you have. While technically not “compounding”, you are correct that the effect is the same as compounding as…
  • Thanks @Ted for sharing that figure. I had to go back and check, but U.S. Treasury notes do not compound. Here’s an explanation: “A $10,000 treasury note with a seven percent coupon rate pays an investor $700 per year interest in two semi-annual pa…
  • @Old_Skeet - Thanks for commenting. One of the main problems with bonds is that virtually all of us own them either directly or indirectly. I know I do. Bonds are everywhere. If you own a balanced or asset allocation fund you likely own a great man…
  • “I also suspect bonds are being purchased, whether management really wants to or not; by pension funds and insurance companies to cross their fingers they'll have enough money to pay future obligations.” Hi Catch. I didn’t read the linked article e…
  • The incredible divergence between equities and interest rates makes absolutely no sense. The 10-year Treasury sits at 1.94% as I write. (How much pot does one need to smoke for that to appear a decent return on your money?) The S&P is up over 20…
  • The linked article reads like an Ad from D&C. While the praise is well deserved, it also strikes me as the anthesis of how they’ve always operated. They place no ads as far as I can tell. Despite their size, they offer only 5 funds. And all are …
  • When I flew domestic Varig in Brazil in 2002 I was stunned to get served a small steak & veg on china, with REAL SILVERWARE, in coach class...I was stunned, and the food was quite good. By contrast, the US flights would throw a bag of somethi…
  • Thanks @Ted. I always said you had a lot of potential. :) The trick here: After you enter a fund’s symbol at the site Ted linked, a pop-up appears underneath the symbol you entered showing the full fund name. I simply hadn’t noticed that before.…
  • “Hooe” (also spelled “Hooie”) - That’s what my Grandma used to say whenever she stepped into something nasty out in the yard. Good story, however. At least California is attempting to do something about a looming problem. I suspect, however, that …
  • Hey, @Mark. Thanks for noting that my wording here could be taken a couple different ways. I thought about editing it at the time for better clarity but didn’t. No - Not trying to be another Ted. Good discussion with some of the brightest folks on…
    in DSENX FUND Comment by hank July 2019
  • Don’t own DSENX. Glad so many folks have made a mint with it. At the risk of being a wet rag - when you see a topic like this with 1.7 K views and 2 weeks running, it might be time to consider moving on. I remember when PRPFX was the rage here back…
    in DSENX FUND Comment by hank July 2019
  • Peanuts were a staple up until 20-30 years ago. For some, peanut allergy can be life threatening. Were there some lawsuits over this by passengers who fell ill after being served peanuts by the airlines? I’m pretty sure there were - but don’t rememb…
  • FIRST CLASS ! Way to go Ted. :) “Trying to recall ....” “Can't remember accurately” ....” “Might very well have been ....” Sounds to me like they were serving free drinks on that one. :)
  • LOL - “Don’t call me Shirley.” @Ted - Thanks for the video. But I thought you owned your own private jet. What a disappointment to hear you travel commercial like the rest of us. Where abouts on the plane do you normally sit?
  • @Old_Joe Thanks for sharing the story. Mostly, the flight crews don’t receive the credit they deserve. Flights from Toronto into YAM (Sault St Marie ON) can be dicey due to heavy and largely unpredictable snow squalls that come and go - creating po…
  • Interesting link @Crash. Thanks. I used to use Expedia, but had some trouble dealing with the airlines. Seems to me that if the flight schedule is changed prior to the flight (and other assorted matters) that it’s a lot easier to resolve to your sa…
  • “They ask fliers to rate their experiences on 49 elements. They included cabin comfort, cabin service, check-in experiences, food, entertainment, boarding efficiency and friendliness.” OK - I get it. U.S. carriers didn’t stack up well. Funny thing,…
  • “Without more and better lifetime income choices, retirees are essentially gambling with their retirement savings. Too few have the tools and information needed to manage their nest eggs to last throughout their golden years.” I’m not up to speed o…
  • In an effort to bring Boeing into some kind of investment context, here’s the top 50 or so institutions holding Boeing stock. The top 3 are: Vanguard, BlackRock and T. Rowe Price. (And wouldn’t you love to know what David Giroux is thinking about …
  • Thanks @Old_Joe for posting. I’m sure we’re trying the patience of the non-aviation inclined folks. Gosh, this series of problems has to be impacting Boeing’s bottom line. Anybody own or follow the stock? Busy time of year here (the three month peri…
  • So his idea of “creativity” is to side-step the (apparently overvalued) S&P 500 and move your cash instead into (1) REITS, (2) Utilities, (3) Junk Bonds, (4) Dividend Paying Stocks and (5) Unconstrained Bond Funds? I’m not familiar with the la…
  • I suspect whoever thought up the term cloud to characterize the renting out of mainframe computer storage capacity, hosted by an outside party, is a marketing genius. Likely, he / she / or they are very rich by now. Just a few observations: The c…