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.
What was the point of:
1) Leaving KMart’s stores outdated and in disrepair for years?
2) Cheapening their merchandise to the point where no one would buy it?
3) Operating mega-sized stores with a single cashier (adding new meaning to the term “sl…
@Catch22,
Thought I’d give your synopsis a bump to the Discussions + side of the board where it may receive more notice. Not qualified to address your questions as you’ve stated them, but would like to score myself on each for the value of self-i…
Not anything I’d care to read. Pretty much watched the plunge in real time last week. I don’t think anyone knows for certain what triggered it and whether it will continue during the coming week.
But it would be nice if @Ted would tell us who’s wor…
Your Financial Adviser’s ‘Sleep Easy’ Portfolio May Be Riskier Than You Think
Don’t you love these “may be“ statements? Hell - I “may be” the King of England. :)
I’ve never viewed 60/40 as a sleep-well combination. It might, however, be described …
@davidmoran - That’s an excellent excerpt from Krugman you posted above. I was earlier considering taking it from the sublime (Krugman) to the ridiculous by (possibly) posting a question along the lines of:
Should the President of the United States…
I have a feeling it really isn’t about Powell or the Fed at all. Trump is effective (with his base) only when attacking some outside “enemy.” The enemies list is long. Powell happens to have replaced whomever last week’s was. I won’t recite them all…
Well, today didn’t exactly inspire confidence among us non-believers. Major indexes whip-sawed all over the place before ending considerably higher at the close.
... something (who knows what or when, but most likely within the next year or so) is going to take this market down bigtime ... batten down the hatches.Hey - Stop stealing my lines!
(While our sentiments on this point are similar, @Old_Joe has wo…
Congrats on retirement. Of course, numerous considerations (like age / other sources of income) affect your investment decisions. It’s a highly personal choice. I thought the markets seemed very high when I retired 20+ years ago. The DJ was hove…
@MFO: Members: How easy we forget, remember Al invented the internet !!! Reading a certain somebody’s tweets every morning, I’m sure Al regrets having invented the internet very much. He’d rather the guy had only a couple tin cans with a string.
@Puddnhead was “last active” June 4. Clicking on his user name will bring up all of his previous threads and comments by date.
People come and go here. I have no additional knowledge of that particular poster.
In a way it's kind of sad. I remember as a kid that Sear's & Montgomery Wards pretty much ruled the world. Things change and stuff happens. Mostly I feel sorry for the rank and file who will lose their jobs and who knows what else.
I guess we’re…
I’ll echo what @Old_Joe said well.
That post never should have seen the light of day. @Ted is a highly respected long-time member here. I don’t know where he / she was going with that post ... but I’ll say that whoever wrote it isn’t an armateur. …
FWIW - I remember Bernstein from the old Rukeyser show (He was a relative late comer). He did not appear than to be the sharpest knife in the case.
Bonds are of course tricky. Not just duration. But also credit quality, country and currency.
Sto…
@davfor,
Thanks for letting us know how the entire article by Mr. Forsyth may be accessed. I did not want that to interfere with what I was trying to say above. So in response to your comment I have gone back and deleted this apparently inaccurate …
MFO members:
Please know that @Ted’s apparent “response” to @davfor ‘s earlier post is a verbatim “copy & paste” from a Barron’s online article published October 5. Ted did provide a link. However, he didn’t use quotation marks or italicized c…
Good topic. Today, RPSIX fell 0.33% - a lot for that fund in one day. Down close to 1.5% YTD. Also very unusual. I respect G's opinions a lot. On the other hand I don't see how we get to 5% without first suffering a serious recession and market corr…
It seems like you are suggesting that some RMD funds be withdrawn from a Roth account ...
I don't think that's what I said. I'm saying that I take my RMD first every year from a Traditional (taxable) IRA. In my case it satisfies roughly 50% of…
March 2009 was a great time to convert a sizable chunk to Roth, pay taxes on rediculously low NAVs and stir the pot. The gift that keeps giving. Lemonade out of lemons. :) That kind of good fortune helps make up for a lot of other investing mistakes…
Sigh... pathetic that he places so much importance on being first with a link. For heaven's sake, there's nothing more important to worry about? Ditto what Old Joe said. And I've wondered the same as Mark about some of Ted's phantom links. Even snap…
Thanks guys.
Guess yesterday's press hype about a "near 200-point leap" in the DJ had me cofused on a day when I hadn't paid much attention. As @Crash noted, small caps fell hard. And, as I've suspected for a while, the overall market isn't ke…
I didn't read the article, but I'm assuming net worth includes all assets, your house, which actually would make the liquid assets like savings pretty low for the "median" house hold.
( @MikeM - I tried not to mention Michigan because I gathered s…
So the average U.S. household (over age 75) has a net worth in excess of one million dollars? Umm ... Not where I live. Maybe elsewhere. That high net worth would seem strangely at odds with many states’ crumbling roads and infrastructure.
Found this. Looks like data is from 2013. But hard to believe things have improved since than.
“Those families in the 90th percentile have a net worth of almost $1,000,000. Meanwhile, those in the 50th percentile or below have hardly any net worth …
@Mark has it right. All that figure points to is the huge wealth gap in this country. Most likely, one in every ten is worth $600,000. That would put the net worth of the remaining nine (after subtracting mortgage debt, auto debt, credit card debt,…
Oscars moninations multiple awards should be granted for kav Agree John - Quite an act - red meat for the base ... OMG
you don't see it?? you think it's blank?? whoa! I see the psychedelic colors. It’s the typed words that seem to come and go. :)
Appreciate the suggestions. I do know some here in Michigan who have what they call “grows” going on inside their homes. So growth makes sense. However, these “grows” are frequently the cause of B&Es. They really have to guard the stuff agains…
I’m a “newbie” to pot. Trying to find the right spot for some within my allocation model.
Which sleeve would it best fit? Thanks for any thoughts.
Growth
Stability
Balanced
Real Assets
Hybrids
@Old_Joe,
Thanks - but It was somewhat painful to watch (once through). I think once is enough for the day. I think my account is pretty close to what did transpire. Certainly, much more than my listed points was discussed. The Kavanuagh stuff r…
Hi John,Why no message? If you watched please share your reaction. I did and here’s a few quick take-always from what the President said:
- He doesn’t like Canada’s negotiating style and has refused to meet with Canadian Prime Minister Justin Tr…
- Article title is seeking “safest” way while the questioner specifies “best way.” Hate to quibble, but those could be quite different.
- Paying down debt is always a good idea, but again, that’s not what the questioner is asking. He clearly wishe…
Thanks for the bump @Ted.
Yes - This is a slider. I like to think there’s a bit more room for these on weekends. And as @Anna observed in another thread, markets have been dull lately.
As one who spent many adult years overweight, I’ll note that…
