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 @msf for the excellent response to @Ted’s questionable use of MFO board space. :) It’s always a good idea to read some top flight reviews, like you’ve linked, before shucking out money. The NYT is hard to top in that category.
In simpler…
“This would be under the assumption that you want to leave a substantial amount to heirs. Certainly not the case for everybody. Many don't have that luxury.”
@JoJo26, Your comment makes sense on the surface. In fact, there’s an old cliche to the ef…
“To deep for me.” Watch out for those spell-checkers @MikeM. They can be nasty. :)
Thanks for replying. I’m not asking “How can money just “disappear” when markets drop. I’d agree with you that sometimes an investor’s losses are attributable to a …
I’m reluctant to weigh-in here. Like the rest of us I reside in a glass house.
Quick summary of Boeing 737 Max thread ...
- I initiated the thread March 10 after the second 737 Max disaster within about 6 months. It is a a brand new state of the…
Lost potential most likely, buy high-sell low.
@MikeM, Let me get this right.
- You sold a share of Netflix to me in July at $350.
- I panicked and sold that share to @msf in December at $200.
- msf sold it back to you again last week for …
Who pocketed that lost money?
Seems to me it didn’t just evaporate in mid-air or all of it go into the coffers of the brokerage houses and mutual fund companies. Where’d it end up?
@Crash - I think one of your questions pertained to distributions. Today seems to have been a quarterly distribution date for DODLX and some other D&C funds
(2019) “The Dodge & Cox Stock Fund, Balanced Fund, Income Fund and Global Bond Fund…
Thanks @Old_Joe for your recent updates. Please feel welcome to post anything new you come across.
A few new developments:
- International carriers seem to be avoiding the plane. @Old_Joe cited Indonesia recently. Yesterday China placed a big or…
... while your at it, don't forget to collect your writing fees.
Ol’Skeet reminded me that a substantial number (dare I say most?) of what may appear to be independent studies on the topic have been compiled and disseminated by institutions engage…
It’s a relatively new global bond fund. Less than 5 year history. Like all D&C funds it has a relatively low ER (.45%). Lipper shows it about 54% U.S. & Canada. Roughly 20% Europe, 20% Latin America. While Lipper ranks it 5 in most areas, i…
I look just to see how my holdings performed in aggregate (percentage up / down) against a conservative benchmark (TRRIX) I’ve long used. Knowing I’m positioned somewhere in that sweet zone beats taking sleeping pills, buying an annuity or moving …
Are you talking to yourself again @Ted? I was going to bump one of yours out of the boneyard tonight. But, not now.
Just purchased a new iphone. Replaces an old cheap tracfone that used to provide emergency phone service when away from home. Tha…
>> refuse to drive it until our roads are repaired
I'd never leave the house
You have no idea how bad ours are. Fortunately, got an old pickup here. But the whole thing sucks. 8.5 Bil for
“A great big beautiful wall ...” - Not a penny for f…
A question for @Junkster, please. If you have mutual fund positions how can you simultaneously be "not an investor" ? My best guess is that you are not currently adding to positions. Or did you mean something else?. Just curious. Thanks!
@Ben -…
Good discussion. The photo above is not atypical of some major highways in northern Michigan. Many barrel right through these potholes at 65 mph, seemingly oblivious to the damage being caused to their vehicles - not to mention the safety hazar…
Hi Guys, In my earlier post ...
Hi MJG,
Thanks for contributing to this thread. The only problem I had with your earlier post is that it appeared to distort @Crash’s intent in posting from what he wanted to discuss to what you wanted to discuss in…
@Old_Joe & @Mark -
I appreciate both your points on alternative transportation.
- As an avid bicyclist let me just toss out the thought that building a mile of 4’ wide paved trail capable of supporting a 40 lb bike + rider has to cost conside…
“My error. I was mistaken: TRRIX (not TRRAX) did even better than you remembered: -18.39% in 2008. Up 22.07% in 2009, for a combined 2 year total return of -0.38%. So just standing pat would have broken even with this fund. TRRAX (target date …
“We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posteri…
@msf - Thanks for the correction re TRRIX.
Good point on the ‘09 performance of REATX too. Dangerous of me to guess at those numbers. Personally I made up nearly all of my ‘08 losses in ‘09 - but it involved gambling and going heavy into the badly…
@hank- Well, a reluctant "congratulations" from me can't really disguise my great disappointment at your having received Ted's 'Stupid Statement Award Of The Decade' trophy.
No problem @Old_Joe. Some people don’t pick up on satire well. :)
Plus, i…
@Ted,
Last can of Fosters I bought (several years ago) said this on the side of the can:
“Brewed and packaged under the supervision of Foster’s Australia Ltd., Melbourne, Australia by Oil Can Breweries, Albany, Ga. and Fort Worth, Texas.”
So I d…
MFO members: Whether or not they contain corn syrup all the beers mentioned by @Ted here are very pedestrian. Serve only to visitors - if you don’t want to pay a premium price.
Four decent premiums you might want to try if you haven’t yet:
1. G…
I thought the linked article from @JohnN good - but pretty rudimentary.
On a different (I hope related) note, a slick 30-minute TV infomercial - from one of those free dinner annuity peddlers provides occassional comedic relief Sunday mornings (es…
@Ted - I thought some might not understand the more subtle implications and edited my initial post 20 minutes later to include that the nomination is a smart political move. Happy now?
Who appointed you 24/7 MFO “enforcer”? Could you kindly list th…
Likely a coming campaign issue, regardless of whether or not he gets in.
Democracy at work - Voters should determine central bank policy, interest rates and whether the stock market goes up or down.
Hi Crash,
“I don’t know, and I truly don’t care about my portfolio today. It doesn’t matter over the long run. What happens on any given day is noise.
Checking a portfolio frequently can be harmful to both your health and your wealth. The proper…
As I was saying (a week ago): https://www.mutualfundobserver.com/discuss/discussion/48277/brookfield-to-acquire-62-of-mark-s-oaktree-capital-management-creating-alternative-investing-giant
@Old_Joe - Thanks. Yep - Makes sense. I was confused because both “add-ons” monitor the same parameters. Difference is one displays the actual readings (from each sensor) and the other just lights up or sounds an alarm if the readings disagree. Bei…
Thanks @Mulder420 & @msf.
I think Price also offers something like that. I’ll check next year. Paid $39.99 for TT Deluxe + state. Compared to the amount of taxes paid and / or the cost of having them prepared professionally that seemed like a g…
Good stuff guys. Some neat illustrations to look over later tonight thanks to OJ.
ABC reports that the device showing whether or not both AOA sensors agree was made “optional” by Boeing and wasn’t on the 2 plane’s that crashed. It costs an additio…
Can’t top @msf’s article above for in depth coverage of the 737 Max project development. But came across another great article on how the plane was rushed into production and, importantly, why the new engine / engine placement made the aircraft more…