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.
I have commercial-free NBA TV. During time-outs and at half time it’s a carnival. Acrobats, musicians, trained dog or cat acts out on the court - you name it. The crowds seem to love it and participate in the mayhem. Of course, viewing at home …
Immortality.
https://www.mlb.com/news/freddie-freeman-walk-off-grand-slam-world-series-game-1-2024
An unbelievable ending to a well played game. Not sure what was on NY manager Joe Torre’s mind when he brought in a starting pitcher who hadn’t pitch…
@Derf,
Re Automatic runner at second base in extra innings of tied games - The rule applies only to regular-season games. Personally, I despise the rule. I also dislike the designated hitter rule. Pitchers should have to stand at the plate, hand…
@Derf - I’m using DraftKings. They (and similar gaming entities) are required to maintain accurate financial records linked to your Social Security number, DOB, etc. They “furnish” or “provide” that information to tax agencies at year’s end in th…
”Vanguard has also made its own nudges, including a $25 per fund fee for its direct fund legacy system last year, though that was waived for some clients with at least $5 million at the company.”
Nice gesture. Those folks can use every penny they c…
Pocket radios? I wanted one badly when I was 15 or 16, mainly to follow the Tigers. They’d only been out a year or two. A favorite Aunt & Uncle gifted me one in the early or mid 60s. Not sure what occasion. A little white 7-transistor Zenith…
If the Felon wins, all bets are off. First, we'd have to see who he appoints as head of the WH Office of Neutralizing the Enemies Within (NEW), and how long it takes to appoint a Kristallnacht committee.
+1 Yes - We can only imagine what new departm…
warning : the potential complexity of most gold ETFs is a mess for taxes.
if not each year, then certainly the manual collection and calculation of data of all years past when you sell. repeat for each subsequent sell, and hope you did it roughl…
”HM mentions most of us should be investing in low risk / low volatility debt that will return 7-10% going forward and provide a "fix outcome". Sounds good.
Anyone have a list of such investments?
@bee - You need to mail that request to Santa.
Interesting day, as gold (represented by GLD) is higher, but the miners at mid-day (represented by GDX) were down around 4%.
While PRPFX always gets a lot of attention when precious metals are on the rise, its actual allocation to gold and silv…
It’s chilling that a respected military leader like Kelly observed such behavior and deemed it sufficiently troubling to reveal it to the NYT. May move a few votes. I’m waiting for GWB to come out. I believe his support for Harris could swing the e…
@Derf - Good question. I was aware collectibles like rare coins and precious metals are subject to a higher (28%) tax. I hadn’t considered what happens when those assets appreciate within a fund. So I did a quick read.
Relevant excerpt #1: The f…
@FD - You have conveniently responded to my post about projected Inflation with a straw-man market sentiment case aired by right-leaning CNBC based on “day-after” Wall Street traders’ reaction to Trump’s 2016 election. Since when does a single d…
The Dodgers were arguably the best team in baseball all year. Strong across all positions. However, it appears their starting pitching has been devastated by injury the past few weeks. Interestingly, last night they started a reliever who hadn’t pi…
Relevant story from a current issue of that radical, left-leaning, “commie” tabloid - WSJ
Economists Say Inflation Would Be Higher Under Trump
(Excerpt for those unable to pull up the full story + accompanying data)
“Most economists think inf…
I’d change this to ”Trump Watch”.
The guy’s getting loonier by the minute. Referencing publicly in a disparaging way Arnold Palmer’s apparently unimpressive “apparatus” as described by some who showered with him after PGA meets? Holly Geez. May…
Unfortunately, politics and ideology have become so pervasive in the comments that i can no longer visit what once was a great place to exchange ideas.
That’s the most unkindest cut of all Sir!
I believe it truly remarkable how little politics h…
I could use that Dodge Power Wagon in the winter. Sometimes our rural roads out here go unplowed for a day or two following big storms. Someone I knew bought a new one - probably in the late 60. Stayed in that family for decades until literally f…
Thanks so much for all the photos @Old_Joe. An ”embarrassment of riches”. Wondering if that Case tractor had been painted. The old one I recall was more light orange / yellowish in tone. But badly faded. Probably pre-WWII vintage. Can’t recall the…
@Old_Joe - Nice going. However, I thought you’d say you mowed a good part part of that jungle down to make for safer landings. :)
I was surprised the first time I rode a prop-driven plane when we landed at O’Hare. Sure enough - they really can…
Gold and the pms can be a “rags to riches” story, but at times have also been good at converting “riches to rags”. Prone to multi-year periods of outperformance followed by sharp multi-year sell-offs. As I probably said earlier in the thread, it …
Good story @Old_Joe. Reminds me of watching a big old John Deere diesel get started when I was a kid visiting relatives in Michigan farm country. Gas first. Then when the gas engine was running good it would slowly turn the much bigger diesel eng…
Always been one of my favorite songs. (Not stepping on my toes.) His wife Yoko Ono was later listed as a co-writer of the song. He commented that he’d been inspired to write it by one of her poems.
@catch 22. Getting nuts, isn’t it? The TV com…
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@ducrow - You are correct that HBLIX is a bit more conservative than LOGIX. It holds considerably more fixed income / bonds and a lesser amount of equities. Both look like decent funds. “Year-over-year” LOGIX is up 21.74% (M*) while HBLIX is …
Yeah @Derf. Stuff happens. Our unofficial slogan amongst ourselves at the garage where I worked in the 60s was:
“We’ll either fix ‘em or f*** ‘em.”
All in good humor. Great bunch of guys. We usually fixed ‘em. :)
I listened to most of the Bloomberg interview. It lasted over an hour. I felt Micklethwait did a poor job fact-checking / holding Trump accountable on a variety of issues. I posted some of my reactions in off topic. Just my own observation. Others …
In the 30’s Cadillac had a V-16 engine for its top models; I’d have needed a loan to pay for a tune-up.
Kripes!. That was back in the old days when engines had something called a “distributor.” Imagine that. Do they use timing lights anymore? Alwa…
Oh come on, you guys. Anyone really needing to do serious work drives one of those idiotic Caddy pickups. Looks are everything!
I’d hate for you to see what my old pickup looks like with a ton of driveway gravel in the back. I last washed it 3 or 4…
