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.
Yeah. It’s a state by state issue. I like my local insurance agent with 5-day a week walk in or call service. Took great care of me after a big truck rear ended my rented car in Florida 10 years ago. (“No-fault” state). I never add the optional r…
I increased auto deductible to reduce premium at the last big increase.
I went from $1,000 to $2500 collision deductible to save when bought my last new car in 2018. The agent seemed to think that’s high.
@Devo said “Cumulative inflation”. That’s…
The guy brags in the clip about starting a “plumbing” business. I’m sure there are some highly reputable plumbers. But I’ve had a fair number of issues with shoddy installations, guys boozing while at work, price gouging and failure to back their w…
@hank : I have to ask , did you get your toilet at amazon ?
@Derf - You remember the toilet saga from about 2 years ago? Yes, after 2 arrived smashed up in boxes (one from Amazon and one from Lowe’s I drove to an area dealer and picked up an unbr…
@Baseball_Fan - Yep. Saw a bunch go over my home after dark 2-3 years ago. Just stunning. Never seen anything like it. That’s usually a day or two after launch when they’re relatively low and bunched together. Over time they disperse and, I believ…
@Derf. Earliest now would be 8 AM Saturday. CNN and others should carry it. Or find a site on the web. (Postponed from Friday.)
”Update for 3 pm ET: SpaceX CEO Elon Musk says the second Starship launch is postponed to no earlier than Saturday, Nov…
Free return policy in force?
Damn - @Anna. You had to ask. :)
I returned a set of scotch whisky glasses that arrived broken a month ago. They did send me another set in return for my returning the shattered glasses. But a month later they still…
Most of my daily financial news & opinion (but certainly not all) comes through Bloomberg. I’m a subscriber, and so read their assortment of daily stories and usually watch / listen to broadcasts throughout the day. I mention that only by …
10-15 years ago that would have been heartening to hear. These days I try to stay as far away as I can from Amazon. But I digress. Somebody can start an OT thread if so inclined on the subject.
Thanks for the story. No problem. Most of us own …
Yes - Bloomberg can be hard to access. I subscribe. But with enough effort I think others might get in to the article. Actually, Bloomberg is the better of the two.
Apparently that high pressure water shower is intended to dampen the shock waves an…
Heads up!
Another test scheduled for Friday. / SpaceX Gets FAA Approval for Do-Over Starship Launch
CNN https://www.cnn.com/2023/11/15/world/spacex-starship-launch-license-faa-scn/index.html
Bloomberg https://www.bloomberg.com/news/articles/20…
Thanks for that @BaluBalu. Sorry it didn’t work. The FT (to which I subscribe) indicated it would be acceptable (and workable) to share this story.
Below, I have summarized most (but not all) of the article’s key points. And, I’ve quoted near the…
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If I was a cop and this thing was out on the street, I’d be tailgating him everywhere. Just waiting for a chance to pull him over. Red cars especially. AVOID!
Just spectated today. Lotsa fun. I'm still buying. I like my stable of ponies, currently. Finally out of the red with BHB!!! I knew it would come. A couple hours from now, I'll check up on the funds. Even the junk bonds ought to have done well.
...…
Sold pretty much across the board, as everything is up today. Cash / cash equivalents now above 10% for 1st time in over a year. (10% = nominal weighting)
Thanks @davidrmoran. Using the same browser both stories popped up w/o any issues. Don’t know what happened earlier. Perfectly readable.
Appears to be a well laid out and articulate argument (re - the national budget deficit) put forth by Brown U…
Thanks OJ -
In my case I was unable to close it initially. But I use various web browsers & ad blockers, etc. But - . Yeah - after trying later with Firefox I can read it now. Maybe others will comment on the author’s argument. If it h…
”Current account values are unavailable.”
Not affected directly. But most interesting. I assume the problem involves simply pulling up the correct prices or NAVs for whatever you invest in? Similar to what sometimes happens with portfolio tracke…
I’ve read the wonderful letter. Funny exchange of barbs / put-downs between Hemingway and Fitzgerald through their fiction. Thank you for providing it. I hadn’t heard that before.
My musings on the expression had more to do with my child and t…
Yeah. A sign-in page for Facebook popped up and blocked most everything else. Some websites want you to reveal your identity by signing in through Google, Facebook, etc. There was also a link allowing you to gain access by entering your email.
I…
@davidrmoran - I’m being blocked from reading whatever you linked today. Even the article title / caption is covered with a Facebook sign in page. So no idea what it is about. Don’t do Facebook. Don’t wish to subscribe. Is there another link to…
I saw this thread and wondered what idiot had posted it ….. Than … :(
To add on … it strikes me as curious that over the past 12 months there have been discussions both affirming the safety of U.S. government issuance as well as threads which se…
Yes, indeed: fund managers might surprise you! My portfolio X-Ray shows:
9% in small value and
5% in small blend.
Yup. Just checked a 40/60 TRP fund of funds I own. Its benchmark allocation for the 3 small cap stock funds it holds (including PRNH…
10-15 year time frame? But thinking of making what amounts to a tactical decision? If you have a long range plan in place you shouldn’t have to make this type of decision. Rather, you’d be considering rebalancing and possibly adding to beaten-up …
It’s not like Buffett needs the money. But stranger things have happened. I predict he will be exonerated of any wrongdoing. (My predictions are correct 49% of the time.)
Dr. Michael Spence (Nobel Laureate) of Stanford Graduate School of Business is most interesting on the subject of AI. Raises the question … ”Will humans will be replaced by AI?”
The interesting thing about the line, “The rich are different than you and me” is that you can read just about any inference you want into that vague pronouncement, depending on your own interactions with wealthy individuals or perhaps only vague…
That spiral galaxy at the top looks a lot like the much closer Andromeda. I have a large framed photo of Andromeda in my home. One of my favorites. Stunningly beautiful..
@BenWP … Ralph Cramden only wanted to send Alice to the moon. Sounds like …
CVRT - Calamos Convertible Bond ETF just launched. Was mentioned in Barron’s this week.
INCM - A purportedly “conservative” multi-asset ETF from Franklin launched a few months ago. Managed by same team that manages the Franklin Income Fund (…
Absolutely wonderful. Have already purchased the Audible edition, based on the excerpt, to listen to during the night.
“The rich are different from you and me ...”
”Here is a list of banks in the United States that were affected by the 2007-2008 financial crisis. The list includes banks (including commercial banks, investment banks, and savings and loan associations) that have been taken over or merged with an…
Surely JPMorgan Chase, USA has neither been bankrupt nor acquired, at least in our version of possibly parallel universes.
Absolutely correct sir. Sorry for the mix-up. I’ve deleted the false narrative and linked a chart instead. J.p. morgan was an…
Wish I had a dollar for every prediction out there. Mostly just folks gassing. But I suspect in a few rare cases intended to influence markets for their own benefit. ISTM money is made in markets when they move in ways the masses are not expecti…
David. Thanks as always. Haven’t gotten too far in … But intrigued by your mention of LCORX. $10,000 minimum. 1.28% ER. Apparently very overweight fixed income presently. A few short positions. And what appears to be a stellar long term risk adju…
“It was a GLOBAL rally.”
Of course. I had a lot of other things rise last week (as did anyone who’s not sitting 100% in cash). Was just pointing out the sharp reversal in one segment (small caps). There’s been one or more recent threads in th…
Nice chart @Catch22
What’s not to like? 5 day return is a very short period to be sure. One stock I have that’s been comatose for over a year (gone nowhere) spiked 7+% in the last 2 trading days. It’s a conglomerate made up of a dozen or so smal…
This discussion reminds me of why I like to stay away from ”rock star” managers.
Bill Gross Slams Jeff Gundlach: “To Be A Bond King or Queen You Need a Kingdom”
https://www.businessinsider.in/stock-market/news/billionaire-investor-bill-gross…
Thanks @msf for explaining the discerning attributes of cash over bonds.
ISTM those “still available” higher yielding CDs are probably a “lag effect”. Likely to disappear in a matter of days. I agree that the concept of what constitutes “cash” i…
