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.
“Ah yes, the same Supreme Court where Brett Kavanaugh snuck in while lying through his teeth. After McConnell blocked Obama's pick in 2016, you could see where this was going. Should we trust this Supreme Court at this point ... ?”
@JoeD - I’ve qu…
@JoeD - To the contrary. You are the “gullible” one here. You allowed Edmund to bait you through his completely off-topic and provocative political diatribe into doubting the validity of our judicial system over which the Supreme Court reigns. Rega…
Should we trust this Supreme Court at this point ... ?
Yes. Of course. That’s all we have. Last time I checked we were still a nation of law.
Are you seriously advocating taking to the streets with arms to resolve political differences?
Utter Nons…
Well, we have courts for such issues. I would hope that were Powell dismissed, he’d file and receive an injunction from a higher court allowing him to continue in the post until the courts can resolve the question. I thought the way @davfor presente…
Sorry - But I’m in the WTF camp. How does a discussion of The Federal Reserve (whose Chair is a Presidential appointment) turn into a discussion of dirty tricks in politics? The first topic seems directly relevant to investing. The second does not.…
I’ve been wondering the same thing. Something doesn’t seem right with a great many investors “giddy” at having achieved double-digit gains in most risk assets (junk bonds, EM bonds, equities, gold, REITS) half-way through the year (and continuing t…
@Crash: Let's see now-
I guess we could reduce the flag at sunset, make the landing gear smaller as an aircraft lands, shrink the crossing gates as the train approaches...
Some nice analysis from @Old_Joe. I myself was wondering how one might redu…
Frequent rebalancing has the effect of not allowing your winners to run. I suggest, rather than a timetable, that investors state an acceptable “range” for each category of asset held and not rebalance until the % of a certain asset deviates outsid…
“Your IRA custodian is required to apply federal income tax withholding rules to a traditional IRA distribution when more than $200 is distributed from your IRA in a year. ... Unless your IRA distribution is from an IRA annuity that has been annui…
Who will pay for the 100mills lost drone... China?
Lockheed Martin maybe another good stock to buy short term
Are you serious? 100 mil is inconsequential in a 4.4 trillion dollar U.S. annual budget (2018).
But I suppose one could always declare…
IMHO The central banks, notably ECB and the U.S. Federal Reserve, have changed the playing field. We’ve gone in a few short months from a policy of interest rate “normalization” (Fed euphemism for raising rates) to “sustaining the expansion” (Fed s…
Glad I never subscribed to the “Sell in May ... Go Away“ method of investing.
Looks like Ted linked a thread on that topic a month ago. Appears there were no responses from the board. https://www.mutualfundobserver.com/discuss/discussion/49979/wh…
Couple weeks ago I posted a link at VG that let’s you enter a symbol from another fund complex and thereby learn what VG considers their closest match. Works opposite of what you’re trying to do. But may be of some help in verifying that the fund(s)…
"2019 seems to be the year everything is working, cash is trash and we are all financial wizards”
@Derf, Thank Jerome Powell for that.
“Wizards“ is the correct term. And some witches’ wisdom may apply. - “Double Bubble ... Toil and Trouble“
I hope that we're not becoming so overzealous here that it's necessary to surgically dissect what was probably meant to be a rather lighthearted post."Know when to fold 'em, know when to walk away, and know when to run" was indeed the title for many…
@davidrmoran - My earlier comment deleted (in the interest of “harmony”)
Regards :)
@MJG - I’ll bet you didn’t expect to ignite a fire-storm with your post.
(Some days it doesn’t pay to get out of bed.)
Regards :)
They've all said this for years.
Mario Gabelli says trade deal priced in 'to a degree' but he sees a lot of interesting 'nuggets' in market. https://finance.yahoo.com/news/mario-gabelli-says-trade-deal-000532587.html
Just for you jojo. I assume yo…
Excerpt: “Originally, the CPI was determined by comparing the price of a fixed basket of goods and services spanning two different periods. In this case, the CPI was a cost of goods index (COGI). However, over time, the U.S. Congress embraced the vi…
Why do you think inflation is or will remain at 2.9%?
A jar of fruit (one of my favorites) that had been selling for $1.00 at WalMart jumped 17 cents overnight last week. That doesn’t sound like much. But it’s a 17% overnight increase. I’m amazed…
Seems to me to resemble a curious mix of Willie Nelson (“Why Are You Pickin on Me?”) and Rodney Dangerfield (“I Don’t Get No Respect”.) But call it what you will.
I’d agree with Edmund that headlines should be written as objectively as possible.…
syllogism: “An instance of a form of reasoning in which a conclusion is drawn (whether validly or not) from two given or assumed propositions (premises), each of which shares a term with the conclusion, and shares a common or middle term not presen…
Note to self: (1) Federal Reserve has nothing to do with interest rates. (2) Interest rates have nothing to do with equity valuations. (3) Equity valuations have nothing to do with equity mutual funds (especially if you own none). (4) Interest rate…
I thought one needed a full price (or nearly full price) economy ticket in order to upgrade from there. To me, that's the big obstacle, not the upgrade price. I still shoot for the $99 specials. Hard to get upgraded from the cheap seats.
@msf …
@OJ - An A321 is a pretty large plane to worry about weight distribution. But it happens. Happened to me once with a similar size plane (737 or DC 9). But in that case I’d heard the crew beforehand discussing whether or not to take on some late arri…
Nice article from Reuters @davidrmoran
Guess I’d mostly agree with this contributor: “The inflation hedging abilities of gold are not measured over months or years, but centuries. People mistake the very long term performance for the shorter term, …
Article II allows me to do whatever I want." Truly authoritarian territory. If you can't stand to listen to him, the transcript of ABC's full show with Tweety is nauseating. I really hope they ran on-air fact- and/or context-checking as the inter…
Donald Nixon ... I think you do great injustice to Nixon. Crooked? Yes ... Power grab? Yes. But the comparisons stop there.
Actually, Richard Nixon was highly intelligent and very well educated. Had a wonderful wife (Pat / for 53 years) and a…
I hate to rain on his party (another word might do). But insuring his reign at the polls isn’t going to help most average Americans if stock market level is the primary tool used to measure wellbeing.
“ ... nearly all of the stock ownership in the…
@MJG - I have no quarrel with your point here. In fact, it’s the reason I believe in having a clearly defined plan (preferably written down) and keeping with the plan rather than letting emotions rule.
What I’ll note, however, is that author Ad…
Thanks for the correction @msf. (Nice to hear Ted offered up a useful link.) Yes - SW would seem to be in a bit of a box - of their own making of course. The original (much smaller) 737 fit their short-hop / frequent takeoff / landing route structur…
Great site. Thanks @msf. Crazy with that 4,000+ plane order by Southwest however. :)
A lot of $$ is riding on which aircraft the carriers eventually decide to buy in the coming years. So I thought a quick comparison of these two very similar planes…
Why not save us a lot of time, and just link the entire Reuters Website! You are bound and determined to destory the MFO Discussion Board !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
@Ted, I’m sorry you feel my linking a dozen business stories from Reuters …
@Mark - No mention of the “whacky weed” however. Guess that’s still OK.
I love London. But it’s hard to go anywhere without seeing open drinking. On a subway ride back to the hotel following a play one night, a young gal was enjoying her grappa s…
Thanks @msf for your (typically) well reasoned and precisely detailed analysis. I’d preface my comments by saying things always look rosier late in a decade-long bull market cycle in equities. I’m confident that if this bull lasts another 3 or 4 ye…
- “My issue is related to ... RISK TOLERANCE ... Investing is so emotional for many of us. Its hard to sit by and watch your Account Balance go down the tubes.”
- “I've (incorrectly) gone to cash more often than I want to admit over the years. …
