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.
Here’s another take on the precision issue which seems to be at the crux of arguments made by both @msf and @MikeM. While I was a dismal failure in math and detested the subject, I have substantial background in the language arts. (Often I’ll edit …
Perhaps @msf has had some experience working with computers? If so, that might help explain his seeming penchant for precision. While to @MikeM and others, worrying about 1-cent might appear a trivial persuit, it is the number “1” (as I understand…
To answer original question - turbotax online does ask for drivers license info and has always asked for that info forever.
Thanks. I wasn’t even aware you could use Turbo Tax in an online version. Of course additional identification would be requi…
From OJ’s earlier post:
“Additionally, the article reports that:
“If the MCAS system malfunctions, pilots say the prescribed fix is to use manual trim to stabilize the plane, and then disconnect the trim system. There’s a cutoff switch on the cen…
Thanks @Old_Joe for the update. Southwest probably understands 737s like no other - as it’s been (in various versions) the only plane in their fleet almost from Day-One. Enviable safety record - though (oddly) the regulators have levied a substanti…
“The Hubble telescope is famous for its beautiful space images, and is considered a great success for Nasa. However, it got off to a very rocky start. The first images sent back by the telescope were fuzzy because the telescope's main mirror was too…
Well, consistency was never one of @Ted 's strong points. Especially with a completely different rule set for himself and everyone else. (In fairness, I guess Ted is consistent in having two different rule sets... that's another way of looking at th…
I'm not concerned with the penny, I'm concerned with the fact that their computers came up with different numbers and they can't explain why.
Agree with @msf here. I maintain portfolios on 2 different trackers. While a penny’s divergence won’t bot…
@OJ - Thanks for commenting. I suspect it may work both ways. Under low power and certain configurations it might well be forward pitch. But the thrust of the engines (placed well ahead of the wings) at higher power would actually pull the front of …
FYI: A very good week for market bulls as the prior week’s selling was all reversed ... Jerome Powell went on ’60 Minutes’ and talked dovish – that sparked a big rally Monday and it continued all week.
Regards,Ted
That’s what Ted said today.
H…
”Stock price be damned. If what it is looking like, forehand knowledge of problems is true, the leadership team at Boeing should be held to criminal charges, even some degree of manslaughter(?) Am I exaggerating here? I hope they are held accountabl…
No such issues using Turbo Tax Deluxe. Mailed the finished return and a check to the IRS - along with a note that I didn’t want any of the $$ used to build a wall. :)
TurboTax also prepared the state return. On that one a refund will go via direct…
(1) The WSJ is reporting that a U.S. Department of Transportation Department investigation into the plane’s certification process had already begun well before the second fatal accident .
WSJ - “The U.S. Department of Transportation is investiga…
Good grief! Give this audience some credit. It’s fine to read and discuss so-called expert opinions - be it allocation, investments, or market direction. I find it enjoyable personally. But to think that anyone who’s been investing for a long time …
“This explains why three-fourths of non-Erisa 403(b) holdings in portfolios are these expensive annuities. There are practically none in 401(k)s.”
Something doesn’t compute here that 75% of 403-B holdings are in annuities. Teachers aren’t dumb. The…
Judging from the above comments, the components of a 403(b) must depend upon the individual school district.
(Shooting from 20 or 30 year old memories here.)
- The 403 B preceded the 401 K by a number of years.
- The IRS 403 B provision was orig…
Hi Hank, What expert? What was his criteria to determine his asset allocation? I would guesstimate that an effective allocation is circumstance and goal specific. One size does NOT fit all. The impact of various asset allocations can be easily e…
Last Saturday was Pie day. We got cherry, and it was great. And I did in fact divide the circumference right through the diameter, before dividing it yet again into smaller pieces. All gone now.
I never eat pie. Complete waste of calories. But hap…
Very good article in today's WP.
"The Max uses engines that are both bigger and more fuel-efficient, and the new engines have been moved slightly forward on the wings compared with previous models. To compensate for the repositioning, Boeing added…
I don’t think anything is cheap. But to the extent there’s a bubble I’d say it’s in some of the tech stuff and the S&P index which have been bid up greatly in recent years. A lot of my stuff (notably deep value and natural resources) haven’t do…
@hank- I know that you know what the horizontal stabilizers are, but the pic was for those who don't follow such things all that closely. You're right though- the stabilizer pic is a little destabilizing. :)
The natural tendency of a conventional ai…
Yep - Resembles a 7-3. Not sure what your point there is except to make us motion sick. :)
What doesn’t become politicized nowadays? I’d say the Prez picked up a couple points in the polls with his announcement today.
Re the image: I can tell i…
@rforno - Nice.
Neither the 380 or 747 for me (much as I hoped and tried). Most everything else. Several Beach 1900s while traveling in Florida. With under 20 seats they weren’t legally required to close the cockpit door. Always enjoyed seat 1A …
And in “the other” (unnamed) thread I posted “DITTO.”
It amazes me how most folks today seem to accept that it’s an easy feat hurtling 77 tons of metal, flesh and fuel into the air at near the speed of sound at 40,000 feet. Than bringing it all bac…
Thanks OJ. I didn’t realize I’d posted my extensive ramblings under @Ted’s thread. So I have now moved it to my original thread (Territorial :))
Interesting. AOA is new to me. But yes - I heard that recently as well. “Air speed sensors” (outside th…
The time stamps show @Ted posting a new thread on this existing topic 2 minutes before I updated my thread with the same news. This would be funny if Ted weren’t the one who constantly berates others for posting stories he’s already posted - often f…
This has nothing to do with you @Ted. I’ll post what I fricken think is relevant to MFO readers. Anyone who flies commercially or has loved ones who do has an interest in air safety. Now - You’ve posted about 25 new threads just in the past 24 hours…
Update March 13, 2:30 PM Bloomberg is reporting that President Trump has just announced that the FAA is grounding the 737 Max pending a review of air worthiness. It’s about time! This is more than two days after China and some other nations grou…
Manaford gets 4 yrs.. Anyone changing strategy? Any thoughts going forward regarding trump risks impeachment and what this will do for market... Any chance major pulled back
@johnN: "Anyone changing strategy?!" What have you been smoking ?
Breaki…
Buy BA at your own risk folks. Yes, it’s a great company with a storied tradition. But issues like this one can take years to resolve. Perhaps the cause was a completely different one than the first. We don’t know yet. But: If It should be determin…
Powell Tells 60-Minutes: “The Law is Clear” - Trump Can’t Fire Me
https://www.cnbc.com/2019/03/11/fed-chair-powell-the-law-is-clear-trump-cant-fire-me.html
Overall good interview. Powell was sanguine regarding the U.S. economy. Sees slow steady g…
or just play the bloody taxes and be glad, jeez
I think I agree: Be happy you have an income on which to pay taxes. My point was that younger (working) folks need to be cognizant of and consider the potential ramifications when making decisions rega…
Gary brings up a great point, When I was working (late 60s until around 2000) the standard line was: “Defer income while you’re in a high bracket and pay a lower tax rate on it after you’re retired and earning less.” That may have happened in my …
Hi @bee, Nice to hear from you.
My dense brain required two readings to grasp all of this. Spot-on, except the very last couple sentences aren’t quite computing for me. (“This is why ...”)
If I may restate your observations, I believe you’re highl…
Mueller will make many folks sing very loud
@JohnN - That’s generally what criminal prosecutors hope for and try to achieve.
Verb sing: http://onlineslangdictionary.com/meaning-definition-of/sing
@JohnN - Do you think the 2 prominent individuals…
Hi @rono, Agree the piece is non-partisan. I’ve bookmarked their homepage and will go back frequently to find ways I can help bring some of those democratic principals and practices to fruition.
The skeptic in me wonders if those alone will fix the…
When the median household income is around $60k, how can you expect a high % of people maxing out 401(k)s? $18k would be 30% going to retirement savings - just not going to happen. I agree with JoJo on this. Criticizing low-income workers for not ma…
