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 feedback @Derf and others. The issue affects all of us to some degree. Every time Apple installs a new version of IOS (roughly 6 times yearly) I have to learn all over again. Seems like a never ending battle to protect privacy and gua…
Great thread.
I’m tempted all the time to move to 100% cash - but don’t. Admittedly, my exposure to equities is probably only in the 40% area anyway. Throw in lower rated bonds (held thru funds) plus international & EM bonds (also thru funds…
@Derf - That’s not necessarily a Schwab specific issue. It would make me uncomfortable too.
One of 3 possibilities: Password was saved by your computer; by your browser / search engine (ie Google Chrome); or by Schwab as you suggest. My guess wo…
Couple interesting updates on the 737 Max story I uncovered (embedded links) while reading @Ted’s story about the man who's having sissy-fits because he’s so worried about the market. In the interest of continuity I’m re-linking those stories here.…
- “Steven’s freak-out is that he’s worried about breaking the benchmark.”
- “I’m terrified that if we have a bear market I’ll be way behind again.”
- “Right now, every time the market loses a few points, I’m more nervous than I’ve been in years,” …
“Many asset managers’ websites don’t nudge retirement savers into favoring a Roth 401(k), however. The calculators they offer to compare the advantages of Roth and traditional 401(k)s often make Roths look second-rate.”
Think about it. Why encourag…
”Nothing magical about 3 years, though I think that is about the average recovery time for a bear market.”
I borrowed @MikeM’s remark for illustration here, but my question applies to many others who have discussed their withdrawal plan (as relates …
So Hank....just close your eyes and hold on. The market will always be ok long term. Steady as she goes. Tune out the noise. We can't predict the short-term, so why bother.
@JoeD, I wasn’t giving investment advice. Just trying to share a few pe…
“Many investors seem braced for turbulence ahead and are in a defensive mode.”
Isn’t that always the case? We as investors tend to focus more on the potential for loss more than on longer term gains. You can go back 5 or 10 years and find people “g…
Yeah - A lot of right wing doctrine in there that overlooks the elephant in the room - that being the wide and growing gulf between the haves and have nots in this country. Perhaps understandable if at the same time reprehensible. We all, I think, a…
@Derf - Thanks. I was wondering the same as Ol’Skeet. First, let me say I always enjoy your questions and comments. (You’re Tier 5 in my book).
I think what Ol’Skeet and I may be pondering here is that at today’s very high levels, a 300 or 400 poin…
“ ... it’s official: better poker players make better hedge fund managers, according to new research published by the Darden School of Business at the University of Virginia.”
We can now further refine our search for the optimum money manager to …
“ ... if I'm ever going to upgrade my tier I can't be seen hanging out with the ne'er-do-wells and riffraff.”
I understand @Old_Joe. Always took you for an over-achiever. Come to think of it, having two likeTed here would be especially nice. :)
I wonder what tier Ted's in?
Ted’s executive class tear for sure.
I actually prefer lower tear myself. People down there seem a lot nicer. So, generally, I’ll head straight for the back of the bus.
Upper tear’s probably more like “first class” …
@Derf +.07% for the day. Stuff that reacts to lower rates, like real estate, had a good day along with high grade bonds. Being diversified globally helped as the dollar weakened against some currencies. (Lower interest rates tend to push it down.) …
"This information has already been given in the Closing Bell." Big deal. Who cares?
Sorta like: “If a tree falls in the forest and no one hears it ...”
@hank: I believe Ted should have posted under an earlier comment I made, " A lot of RED at noon across the board !! Haste makes waste !
Yep. Agree. But Ted will be Ted.
@Ted, I’m speechless.
Do you now consider any mention of the day’s market activity by another poster to constitute an unjust and unwarranted infringement upon your endless monotonous “proprietary” regurgitation of daily market dalliances?
The me…
Would " Inflation-Protected Securities" help mitigate the problem
@Derf -
Your question presupposes that the investor faces a “problem.” If, from an investment perspective, a negative yielding bond appears to offer a better risk / reward scenari…
I already do, it's called a margarita.
Than you ought to be stocking-up on your tequila for Margaritaville before it gets slammed with a 25% salvo from Trumpville.
Possibly related to Mark’s post: Trump Presidency Leading to Increase in Alcohol Con…
I seem to recall that we discussed this quite some time ago. ... For the individual investor, it makes, as JoJo says, zero sense.
No doubt it’s been discussed before - perhaps as more of a curiosity. With some of us here approaching our “golden ye…
@Catch22 - Re falling futures -
There’s no problem that can’t be solved by simply rewriting the history books.
https://www.bbc.com/news/world-us-canada-48456742
As a long time “Prime” member I can tell you that their shipping speed has increased dramatically over the past month or so. They’re moving to 1-day Prime delivery - and are damned near there now (at least here in Michigan). Things have been arrivin…
(Delete)
Thanks to all who commented on the report. Case closed per the Justice Department. Congress is a different matter. We shall see. Thanks to @Ted for the original link.
Today, Wednesday May 29, Robert Mueller made his first official statement since being appointed Special Counsel.
https://www.cnbc.com/2019/05/29/special-counsel-robert-mueller-to-make-statement-wednesday-on-the-russia-probe.html
Thanks to @msf for the SEC link. It’s much better than the (SEC) one I uncovered about an hour earlier - but still time-consuming and difficult to navigate. I managed to pull-up perhaps eight or ten reports for PRWCX. And thanks to @Sven for the op…
My initial response (the 737 photo) was posted soon after @Ted put up the Nora Jones song and video. I felt my contribution was appropriate for the Nora Jones patriotic music. Either I failed to see (or Ted might have added it moments later) the “Am…
@Sven - Just a follow-up to my above comments. I’m unable to locate the fund reports for PRWCX prior to 2018. The options strategy is not mentioned in the two most recent reports. If someone can help me find all the reports for PRWCX going ten year…
@Sven,
I’ll try to locate my earlier source / reference on the derivative strategy sometimes used by PRWCX. It may take a day or so to dig that up. But it was primarily a strategy to generate income using stocks in some type of mutually beneficial …
@Ted: Like you, my intent was to honor veterans using an appropriate symbol. You chose a musical salute. I chose to image a special aircraft. The plane is Southwest’s Missouri One. It was commissioned by Southwest in 1994 as a tribute to the great …
I read another take on this survey ... It helped remind me that I live in an affluent bubble.
You’ve got me wondering how many “homeless” even visit a board like this?
From OJ’s above post:
“Elwell says as the country that first certified the 737 Max design, the U.S. will be the first to review and certify Boeing's software changes. He says the process of conducting test flights and reviewing data could take thre…
Corn is used to produce ethanol which competes with oil on the global energy stage. So if you’re happy with the price action in oil recently, adding corn to the mix may hasten combustion.
Dennis Tajer, head of the Allied Pilots Association and an American Airlines pilot, had some pointed criticism for those who would blame Boeing’s failures on foreign pilots - calling it “an outrage.” Tajer also criticized those who would rush the re…
