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.
I don’t have the answer. But it seems idiotic to expect every Tom, Dick & Harry to possess the foresight and financial discipline to save for something that may well be 30+ years away and to have enough stashed at that point to make it last ano…
@hank Not sure but couldn't it fall to zero if all shares were up for sale and the highest bid was zero (or no bids)? Also, if the stock closed in penniless?
+1 @Anna / You are correct. I kinda sensed that after I posted but let it stay up. Actually…
DJT: $13.5236 -8.00%
Now ya got me wondering. Can any stock ever fall to 0? This Trump turkey could fall 8% per day on to eternity. No? Even from 10 cents an 8% drop would leave it worth 9.2 cents. A curious mathematical puzzle. Perhaps with…
...And SpaceX will be the one to get the astronauts home, too. Boeing is a shambles. How the Mighty have fallen. Like GE, until their own rise and restructuring from the ashes.
But SpaceX does gamble more than Boeing. Just been lucky to date. Some s…
Ironically that investment grade bonds of all duration fell while high yield bonds held up.
Along with that, utilities fell. VPU off -.78% / Often utilities move in concert with longer dated bonds.
Pushing on a string comes to mind. Try to lowe…
Thanks. As always a good summary from you.
Ditto: Nice summary. Thanks Yogi.
Strange day. Santa Clause Jerome Powell gave the markets what they wanted - a 50 basis point rate cut and promise of more to come. Such ingratitude! Stocks fell. …
Not just near Earth. Humans have left lots of crap on the moon too. Litter. Litter.
Say what you will about SpaceX. But I’ll tell you as perhaps the first in my neighborhood to have broadband, having signed up in advance to be a beta Starlink user,…
I don’t know what the steering wheel mounted paddle shifters on my Honda Accord are supposed to add. Pretty useless. But hybrids are weird anyway. I do use them to downshift / add drag when approaching a corner. Takes less effort than lifting a foot…
You learn so much here. I do look at M* medalist ratings. Taken with large grain of salt of course.. While I can tell a lot of the verbiage is computer generated (sameness of style / often redundant), I had assumed a live human reads them and assig…
Yeah - OJ. That sounds cool. I didn’t realize Toyota had such an automatic tranny. It is possible to shift most manuals w/o a clutch too (known as “power shifting”). But probably not recommended. (Easier after a couple drinks.)
Shifting a manual …
That was the reason I left TRP 3 or 4 years ago. Tried everything to stop the paper statements from coming (web settings, repeated phone calls / complaints). The worse thing was they were sporadic and unpredictable - not regular. Had one been deli…
Just an '82 RX-7
The 1982 Mazda RX-7 was the lightest generation of the RX-7 ever produced. It has a 1,146 cc (1.1 L) 12A engine that produces 100 hp (75 kW; 101 PS) at 6,000 rpm. The car can reach speeds of over 190 km/h (120 mph).
It’s getting scary. Unfortunate that running for office should carry such risk for candidates of either party.
@Anna - Good one. You had me going for a moment. I’ve never cared for cats much.
"Low Information Voters"
True to an extent. But not the full answer.
There are some well informed white supremacists in the mix who know full-well what’s going on with the subtle attacks on minorities (like Haitians) - be they immigrants or not.…
In short duration like SEMIX , DHEAX and HOSIX. I have used them as cash substitutes this year. Albeit with DHEAX they will be quick to ban you if you move in and out too frequently with size.
Interesting. I may have helped doom LSST (which I reali…
@Crash -
Thank you for supporting the thread since the inception of the program. It’s been a lot of fun and educational watching the show and then reading others’ reactions here. No need to kill the thread. David Westin is a Michigan native, an a…
Wonder why they no longer cover Wall Street? (Diamond / Streisand - “You don’t bring me flowers … anymore” )
Where did the elves go? I hope they’re safe.
Were they killed-off because they were so wrong in this year’s forecast?
That’s why “elv…
Thanks for the definition of “cash” @Old_Joe!
The point I tried to make was that cash is a better value now compared to stocks than it was a year ago (cheaper on a relative basis). That is - unless you expect stocks to keep generating 27% annual …
If you liked ”CDs/Tbills/MMKT funds” a year ago, you should love them now. On a relative basis they’ve gotten cheaper. Both the S&P and NASDAQ are ahead more than 27% year-over-year. I wouldn’t be throwing new money into the latter.
“Walls o…
Pardon a dumb question - Why is it harder to manage a larger amount? To wit - Buffett claims he could do better as a small investor because adding to and disposing of holdings wouldn’t cause as much price change / front-running. But that’s a diff…
I’ve been researching this fixation with cats. In Shakespeare’s time being associated with cats was considered highly disreputable. Thus, in Act 3, Scene 1 of Romeo and Juliet Mercutio insults Typalt with this put-down:
“Good king of cats, nothing…
Unfortunately, these lies have real consequences - Coming soon to a community / family near you!
Springfield City Hall shuts down after threats / Parents demand Trump stop citing son’s death in campaign speeches
Springfield schools evacuated /…
Thanks for the suggestion @msf. I’ll run some comparisons for NEAR over the weekend. One other I have on my watch list is TDTT. Fortunately LSST is a small position now, but I was expecting reason to add to it significantly later in the year. / …
+1 All
There was 1 tactic I had actually envisioned prior to the debate that KH did use at least once. Turning to him and saying “This (pause / hesitation), this ahh - “ … and then finally referring to him as a former President.” Came across as if…
Does this etf have a symbol? Clicking on the links provided got me nowhere. I own their short term bond etf, LSST. This sounds like a different bird.
Thanks for the heads up in any event.
”Trump got his ass handed to him in the debate ”
Agree somewhat. My feeling is Harris was extremely well coached. What first appeared avoidance of some issues, in hindsight looks like an intention to focus only on areas to her advantage, The stag…
Robert Frost might be impressed to know his simple 20-line poem has prompted someone to write a 1000 + word explanation. This poem’s never been a favorite of mine. But I hold his longer “The Death of the Hired Man" in high regard. With all d…
I did put a Republican sign out a few years ago supporting a guy in the Republican primary I knew personally. No problems. Some of my Dem friends wondered why I did it. But the guy I supported got stomped in the primary by a MAGA guy who went on…
Hi@hank
In our state I won't place any signs on our property. Too many crazies who may choose to cause harm and/or damage. A sad tact, eh?
The animal pics are well done, though. :)
Good advice @catch 22. I did have some minor vandalism many year…
I knew Muir was good. Lindsey Davis was excellent as well. Cool & collected. And articulate!
@WABC - I’m thinking something like image that might make a funny yard sign. As long as people don’t take it as pro-Trump. Will start looking.
Donald…
Perhaps you're thinking of The Road Not Taken, for that has made all the difference.
Excellent. Frost might have been lamenting a choice of investments in his earlier years. :) :)
“As I recall from my reading this is exactly what the Nazis did in regard to the Jews, playing to people’s basest instincts in order to demonize « the other. » Truly disgusting. “
@BenWP - I hope you’ve had an opportunity to view the film Cabare…