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.
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…
@ 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…
