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.
@JohnN - What makes you bullish on oil? Just curious. I own a bit through a NR fund (PRNEX) but can’t really get a handle on what the future holds for oil. Seems to have made a short term bottom around the end of 2018. Curiously, hit $26 2-3 years a…
“This comment has more to do with social security, which needs major reform.“
I’ll submit that the overall increased drag on an economy from an aging population goes well beyond Social Security. For one, the suggestion above doesn’t take into consi…
(I’ll make only a weak attempt to address this comprehensive overview linked by LB. For one, I’m short on time. Hopefully, others can pick it up.)
- I think the causes (at least in this country) are pretty evident to most educated / thinking obse…
Wow - Too much here for me to comprehend. But aging populations in general face the problem of too few young workers / tax payers helping support too many retired people (perhaps over simplified). Seems to me Japan has a similar problem. One soluti…
@MFO Members: The above poster is confused, its not my author. He should take up his problems with the author's of the study.
Regards, Ted
@Ted. Quibble if you like. The author of the article is Amy Whyte, whom I assume you intended to credit as …
@Ted, Your author would have us delve into the childhood of our fund managers before investing? That raises a whole lot of other “pertinent” issues: Did they have behavior problems in third grade, suffer from bed-wetting or perhaps have a Pa who w…
So much winning! maga
@Mark - LMFHO,
Just for some perspective before we all get carried away:
- https://www.sfchronicle.com/bayarea/article/SF-homeless-population-swells-by-17-in-latest-13851897.php
- https://www.theblaze.com/news/san-francisco-…
I recall the money you're dealing with in this question is all traditional IRA, correct?
I'm confused about your portfolio.
You noted recently, that: "PRWCX = 32.35% of my stuff. I'm now bond-heavy, in retirement. It's my favorite, too, and my on…
Couple new developments:
Judge Orders Portions of Mueller Report Unredacted – Then Released to Public
“Judge (Emmet) Sullivan ordered portions of Mueller’s report related to General Mike Flynn to be made public by May 31, 2019 ... The judge also or…
PRFDX was hot out of the gate in the 90s (inception 1985). Talk of the fund community for several years and highly prized by investors. So hot that manager Brian Rogers became a regular on Wall Street Week. Seems to have taken a wrong turn somewher…
Re: Buying down - I’ve done this before. It’s always a big gamble. Worked to an extent in the ‘07-‘09 slide. The biggest mistake was to start averaging back out of the riskier stuff on the way up as early as I did. But, overall, it worked this time …
Dear @Old_Joe,
I am in receipt of your letter of appeal. I know you realize all my remarks in the thread re: you were intended in jest. However, if you want to know the truth, I think (for what it’s worth) that “Having been there and done that (al…
@Catch, Why did you start in August 2008? The market peaked 10 months earlier in October 2007 with the S&P near 1600. https://bullmarkets.co/u-s-stock-market-history-for-2007/
I think @Derf was wondering how 401K balances might have fared from t…
@Mark - @rono is smarter than that. While silver colored, the bunny is made of stainless steel.
Rono would know the difference.
What does it say about those 10-year Treasuries yielding around 2.3% when the father of our current Treasury Secretary …
This 466% number includes the additional contributions people have made into these plans over the past decade. Without that inclusion the gains in value would have been lower. I’m wondering, too, if it includes self-directed 401Ks which provide a t…
Boeing Didn’t Want to Ground the 737 MAX Even After Pilots Urged Them
One of American’s pilots at the meeting with Boeing executives urged Boeing to request that the FAA issue an Emergency Airworthiness Directive following the first crash until th…
Having been there and done that (albeit a very small 4-unit building), I can testify from personal experience that the very last thing that I will ever do again is own anything that is inhabited by a disparate group of quarrelsome human beings.
Hav…
@JohnN - What makes you bullish on oil? Just curious. I own a bit through a NR fund (PRNEX) but can’t really get a handle on what the future holds for oil. Seems to have made a short term bottom around the end of 2018. Curiously, hit $26 2-3 years a…
Just noted 2.38% on the 10 year this morning. Hardly seems like they’re worth owning at that low rate. You’d have to be, I think, very dour on the state of the global economy not to want to own something else - be it equities, high yield, collectib…
Thanks @davidrmoran - An outstanding technical explanation of what went wrong (and is likely to continue going wrong) with this aircraft. In addition, it’s an amazing piece of writing on its own. The guy is writing from the heart about a subject he …
Lipper has SFGIX 78% Asia. But at least half of that is in Taiwan, Hong Kong Singapore and S. Korea, all of which are considered developed markets. I also noticed unusually heavy concentration at the top (37% in top 10 holdings). http://www.funds.…
The whole world knows that the thing Donald most likes to flaunt is the red hot U.S. equity market - particularly the Dow Jones Industrial Average. IMHO that fixation is misplaced. It’s the longer term results that matter most to nations and to inv…
Betcha didn't know it (or care) but Tiny Tim named his daughter Tulip. Google it ...
Tiny Tim was born in 1932 and died in 1998. He recorded the above hit referenced in the above hit single in 1968
What does this have to do with investing?
- If …
Here’s how TRP describes PRWCX : “The fund invests primarily in the common stocks of established U.S companies we believe to have above-average potential for capital growth. Common stocks typically constitute at least half of total assets. The remai…
@msf - At one time I considered OAKBX a value fund. Not sure what to call it now as I’ve exited it and moved on. Lipper lists Phillip Morris as its #10 top holding at over 2%.
http://www.funds.reuters.wallst.com/US/funds/holdings.asp?YYY622_Suprvwu…
Gleason remains one of my favorite performers - yet shrouded in controversy. And, I’d walked by his statue in front of the N.Y. Port Authority dozens of times without noticing it until after @LewisBrahm mentioned it one time here. Quite a remarkable…
Yeah - From what I’ve heard, the inheritance / estate tax has little (or no) impact on the traditional “family farm.” Farmers tend to be very conservative (tradition bound), also very independent. But they’re also very smart and business savvy (w…
Is there some legal way farmers can write-off losses after a bad year on their taxes? (similar to how real estate companies do). The value of their farm may have depreciated . With the cost of steel (for farm equipment) rising and cash price of cro…
Soybeans fell below $8 yesterday - a 10 year low. Ouch.
Here’s a related story: Winners and Losers in Trump’s Trade War
https://www.reuters.com/article/us-usa-trade-china-winners-losers-factbo/factbox-winners-and-losers-in-trumps-trade-war-with-c…
Hi sir catch22.. Can you report false business to business beareau/bbb or federal trade agency or ? ...wonder how they got your address?
Many evil personels out there
@JohnN - Your errant post is Exhibit #1 for what @LarryB is trying to prevent. Y…
@JohnN, Thanks for sharing. Interesting. Appears that you are about 80% equity and 20% fixed income.
- Do you know what % of those assets are held thru mutual funds and what % are direct ownership of stocks?
- Since the list (60) is alphabetical,…
