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.
Don’t forget,
— With one you’d get at least a small portion of your money back at the end of the day
— With the other you could end up being incarcerated
“In contrast, Wintergreen's shows this narrow slice solidly across the growth column. He's been investing in growth stocks since at least 2014”
Thanks @msf - Sounds like you nailed it. And I hate it when managers deviate from their (stated / norma…
Ummm ... Not really doing much trading. But I see plenty of chaos already. Sure to increase as “election” nears.
Anybody got any good ideas what to buy?
..... Maybe booze, gold, an airline ticket somewhere?
I’m a very conservative investor. But at 15-18 years from retirement (roughly 1980) I was 100% in a good global growth fund, regularly contributing. Only started making changes after 1995 when retirement was 3 years away. Of course one size does no…
Hi everyone... very busy today... Will response later... after work... Many good questions thx
We always dca and buy even downturns..
Thanks @JohnN. That helps a lot. Would enjoy hearing more when you have the time. Sounds like you’re still wo…
@JohnN,
In response to your question, I’m not sure there are any frequent traders left here. Most of us have a longer term strategy and own equities, funds or bonds for the longer term, perhaps trimming occasionally around the edges. With the DJI …
Thanks for explaining that @MikeM. Too many different funds from TRP nowadays if you ask me, but I guess they need that to remain competitive. Have to wonder if they couldn’t rename that static fund category. It need not be solely for retirement. M…
@Derf - Great article. Please come to the front of the class!
I hadn’t heard the trim “target risk fund” before this. But they make good sense. With target date funds you’re making a lot of assumptions about the future. What will your situation be …
@Ted,
Thank you for demonstrating how utterly devoid of substance today’s “newscasts” have become. If it helps sell peanuts to the masses, who gives a damn whether the public is informed about the substantive issues of health, climate change, gove…
@jerry : try googling headline.
Derf
It’s better to google the exact passage that’s been cut and pasted here (without proper punctuation and attribution). That’s because editors often alter the t…
Miners are pretty volatile @Hank, as you know. Why not just speculate with a gold ETF? A little comer and should make money when the world falls apart.
Hi Mike. I can’t argue with your logic. But already have a bit in OPGSX and some cash on hand wi…
To each his own, but I find these to be unusually turbulent times in the financial / geo-political areas.“ (yesterday)
Today might turn out to be the type of market action I was thinking of. Let’s hope this is just a temporary shock wave. But globa…
Here’s a decent article with statistics: https://tradingeconomics.com/united-states/housing-starts
It does confirm @randynevin ‘s reporting on housing starts. In addition, auto loan delinquencies have been rising for several months but are not yet …
Tend to agree with Ol’Skeet that number of funds doesn’t matter a lot. Getting the number down may well be a sign that you’ve successfully identified the funds that are most aligned with your own personal needs. So I suggest you view a lower number…
Krugman: “What all this tells us is that Republican positioning on economic policy has been in bad faith all these years.”
Nothing new here. Don’t need Paul Krugman to know that. Have already noticed they believe they can “scrounge up” 8.5 bill …
@MFO Members: In order to seek additional attention, our one trick ponies and self proclaimed Boeing experts, had to clutter up the board with a new thread.
Regards, Ted
Seems to be quite a bit of interest in both threads judging from number of v…
With the former discussion now exceeding 5 pages, a new thread is welcome. I’m now hearing August as the likely launch date for the reprogrammed 737 Max.
I know @Ted is a big Boeing fan - but Lordy, I can’t see how this ends well for Boeing. The …
Off the top of my head ... But out of all working age or retired U.S. residents, I’d be surprised if 50% had any nest egg at all. Define nest egg as: all savings (including retirement accounts) not needed to cover next month’s living expenses minu…
My question for you is... Why do you not have more in the deferred accounts?
Not @rforno, But others have made the argument that with some types of investments (especially those with favorable long-term capital gains treatment) it’s preferable to ha…
I’m unable to access the article. But the elephant in the room here would appear to be: What’s the rest of the money invested in? For someone heavily allocated to aggressive growth funds, a higher cash level might be appropriate. But, if you’re hol…
U.S. News tends to be big on “splashy” headlines nowadays and low in quality. A step above the financial porn served up by the now defunct Money Magazine - but not by far. They’ve taken a once reputable name in news (the long extinct U.S. News &am…
You can never have too much Pot *wink*
For sure! Not enough pot here in Michigan.
https://www.bridgemi.com/detroit-journalism-cooperative/whitmer-detroit-chamber-there-not-enough-pot-fill-potholes
For allocation planning, I like to start with the o…
@Derf - Understanding how sentence structure affects meaning has many useful applications other than being an English teacher. Do you not suppose more than a few have needlessly compromised their financial well-being by signing-off on mortgage docu…
Thanks @Old_Skeet for the comment.
I think the problem we’ve both identified is that it’s hard to tell whether following is intended to serve as (1) a verb or (2) a participial (a type of modifier derived from a verb).
If #1 is the case, than th…
Barr calls Mueller’s letter “a bit snitty.”
https://www.businessinsider.com/attorney-general-barr-calls-mueller-letter-a-bit-snitty-2019-5
Barr refuses to appear ...
“Barr separately informed the House Judiciary Committee that he would not appear…
@Ted, I kinda like those “open” discussion threads you occasionally serve up. Thanks. “Batter up!” :)
Re the markets. Weird day for those of us who like to look at the minutia. Commodities got clocked pretty much across the board. Most blood I’ve s…
“With so much pressure on fees, the industry has been introducing more funds that act almost as a hybrid of index and actively managed funds — smart-beta funds. These funds track indexes, but they’re more fine-tuned and follow strategies similar to …
Video shows William Barr denying knowledge of Mueller's objections to his summary of the Russia probe days after Mueller sent him a letter about it.
https://defenceonline.com/2019/05/01/video-shows-william-barr-denying-knowledge-of-muellers-objecti…
@Mitch - Makes very good sense. Thank you.
May I suggest that placing a comma after “following“ might avoid possible confusion as to meaning?
“For sharp quick increases and decreases all stock classes are highly correlated and will have large m…
“There is now public confusion about critical aspects of the results of our investigation. This threatens to undermine a central purpose for which the Department appointed the Special Counsel: to assure full public confidence in the outcome of the i…
“Boeing told Southwest only after the Lions Air crash that the feature was activated only if the airline paid an additional fee.”
Thanks @Old_Joe - Bloomberg is all over this today. (The above blurb is from their on-air programming.)
If I were S…
It is very hard to deploy cash in a market that is grossly overvalued. It is not the age of Buffett or Munger that is the problem here. It is their knowledge of the markets that is preventing them putting money in stock with such high multiples. Ber…
If there’s such a thing as good financial porn that was it. Remember grabbing a copy or so off the supermarket stands in the spring of ‘97 and enjoying them outdoors as it warmed in these parts. Those were transitional years. One year from retiremen…
For Perspective:
“The Dow Jones Industrial Average's highest closing record is 26,828.39, set on October 3, 2018. It followed a record set the previous day.” https://www.thebalance.com/dow-jones-closing-history-top-highs-and-lows-since-1929-3306174…
Anyone using this up tick as a reason to take some profit ?
Interesting question. But why are you calling today’s market conditions an “uptick” ? U.S. equity markets today have barely clawed their way back to where they were 6-12 months ago. “Reb…
@msf, Thanks for the clarification. I was doing some comparisons of longer term returns on various funds I own when that 1931 inception date jumped out at me. Tossed-up a hastily unearthed Investopedia link which you correctly took to task.
I kne…
(Apologies - A bit late reading all of the April 1 Commentary).
Ed Studzinski never fails to entertain, inform and enlighten (sometimes more of one than another). Just a brief snippet (actually the closing lines) from his look at the creative proc…
