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.
@ hank. I'm wearing big-boy pants today.
Yep. Thanks @WABC / There was someone here a month or so back who intended to do some stock or index shorting. Admire that kind of bravery.
BaseballFan said - ”The cleaners, no one wears a pressed shirt anymore.... “
There are some better quality shirts that look nice without pressing. And most jeans don’t require pressing.
I’ve cut back on trips to ”the cleaners” from a dozen times…
@hank “Of all my days on the road, I don't recall a Caddy towing anything!”
Ya got a point there @Derf. I don’t either. Nor the big high riding military looking rigs. All for looks ISTM.
Thanks @msf for all the enlightenment. An eye-opener … Don’t really know what to think about the firm’s motives here. Questionable. That said, Cambria has a history of launching some really unorthodox products.
FWIW - Morningstar gives Cambria a …
Weight of EV's. Caught an interesting segment on the TV awhile back . Seems the weight can & will cause more damage when involved in an accident.I hope never to meet one if in an accident! Going through guardrail seems to be a problem.
Be caref…
what age groups purchase what?
https://www.nytimes.com/2024/10/10/business/social-security-benefits-increase-2025.html
From linked article:
”But the index tracks a range of goods and services that are purchased primarily by younger working people…
Hi Ben. Thanks for the comments. Faber spoke in terms of “small investors” in the interview I watched, so the mention of $500,000 surprised me. Fortunately, the video is already available on Bloomberg. Scroll ahead to 16:00 if anyone wants to vie…
Lith-Ion have a nasty habit of catching fire occasionally. ): And they andd extra weight to a vehicle - which ain’t all bad, as may add to better ride.
I wouldn’t have an all-battery powered car due to the range issue. Hybrids using lithium-ion …
The school where I taught sent a “committee” over to Japan to study their secondary education in the early 90s when Japan seemed to be beating our pants off technologically, economically and every other which way. The group reported back somewhat s…
It’s a good question. I think some of each. Public school curriculums, I think, have been dumbed down. But, what do you expect in an environment of ”live-fire drills” and high pressure conservative led campaigns to add religion to classes or ban cl…
Boeing would be ”Biggest Ever Fallen Angel” - if cut to junk.
”On Tuesday, S&P Global Ratings said it’s considering downgrading the planemaker to junk as strikes at its manufacturing sites persist, hurting production. Last month, Moody’s Rat…
It’s complicated. Older citizens spend more for health care. That’s been rising faster than the average rate of inflation ISTM. Is this offset by the fact many own their own homes? Or that they don’t have work related expenses (like driving to wor…
As I've said before, the fascists' playbook includes creating chaos and distrust of institutions in order to bamboozle the electorate.
Exactly. Unfortunately, mother nature is contributing to the game plan.
Thanks David. “Reluctantly” sounds just a bit like “Devil made me do it.” :)
Their reference to ”bullish technical indicators” is interesting. Some here will fondly remember @Flack, a prominent contributor more than a decade ago (FundAlarm) who…
Would love to hear Walter Cronkite read this story -
“U.S. Congresswoman, Marjorie Taylor Green of Georgia today alleged that the U.S. government may be controlling the weather and sending devastating hurricanes to Republican leaning states in …
OK - Thanks Yogi
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I’m not into options. Owned GATEX for short periods in the past and felt it was a more conservative approach than some of the more popular / recent options strategies. But might be wrong.
I suspect when @bee posted this thread August 16 there was widespread assumption rates would decline across the curve. While short term rates - notably the Fed overnight discount rate - have fallen, since @bee posted, that has not been the case wi…
Credit the success of JEPI & JEPQ to JPM PR. There is much older GATEX that isn't hot.
Also, the public misunderstands these - that the upside is limited, but the downside is full. Moreover, the potential LT-CGs get changed into premium income. …
Sounds bad. I often frequented the Tampa area between the ages of 35 and 65. If memory serves, there’s an inlet off of Tampa Bay that is known as “Old Tampa Bay” that is relatively small and very vulnerable to storm surge. There’s a long causeway …
“I also posted … why high-rated funds were terrible in the last 10 years “
@FD / Wouldn’t it help people more if you posted what different investments will do in the next 1, 5, 10 years rather than what they did in the past?
You seem to be inve…
Thanks @bee. Refreshing. A ”bucketeer” he is not.
But probably didn’t need 20 minutes to make his case. Obviously has a preconceived opinion on the matter.
How far does anyone think this reversal on the 10 year may go? I understand the “bond vigilantes” taking control of longer rates out of the Fed’s hands (not that they ever really had it) but am surprised by the speed and magnitude of the reversal. …
Thanks @BenWP for deciding to add this thread to OT. Allows more latitude of discussion. Glad you have enjoyed time in Asheville. I got to Cherokee one day and like you did some serious hiking. I don’t know why G- - didn’t put waterfalls closer to…
Inflation isn’t just increasing prices. It’s also increasing wages. The two may not move in perfect harmony. Longer term it tends to even out. But it can appear herky-jerky on either side of the coin. The old adage / warning about the hazards of l…
Spent about a week near Asheville NC in the spring 2-3 years ago. Lovely mountains. Lots of trout streams. Never dreamed a hurricane could devastate the area the way Helene has. Poor souls. The small town I stayed in was not prosperous. I don’t k…
”Can you have most or all of RMD withheld for taxes?”
I did something like that at T Rowe once. Must have been to meet tax obligation after doing a Roth conversion elsewhere. ISTM it should be simple to do what you are requesting online at Fido. J…
I like to torture their robobot personal assistants!
I like that. :)
FWIW - ”Generally, most taxpayers will avoid this penalty if they either owe less than $1,000 in tax after subtracting their withholding and refundable credits, or if they paid wi…
Thanks folks. If I needed a large chunk I’d pool the funds earlier in a cash equivalent as gman57 suggests. With most markets near record highs - good advice. But that’s not the case for now anyway. One reason is the “interest-free” (til 12/25) …
The 3 years for QLEIX looks good because of 2022. This is where ALT funds excel.
Then, you have years when they trail and way in the back.
BY the time most investors realize markets are going down and load on these funds, they miss most of the melt…
I watched the first 2 episodes of West Wing & part of the 3rd this evening. Excellent. Very fast paced. The kind of show you could watch a second time and discover a lot you missed once through. Enjoyed some of the subtle and not-so-subtle comed…
Thanks Catch. I haven’t followed the Tigers. Watched just 2 games all season as I recall. Placing small wagers is more entertaining if you have no personal interest in either team. Yes - should be good for the city. Haven’t been there in many ye…
