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.
“ … in my lifetime as an investor, I haven’t seen cash yields this high ”
Gosh, I do remember earning 15-20% on money market funds during my early working years. :)
Along with that, the aisles in grocery stores (1970s) were often filled with stor…
Thanks guys. Yes, rforno knows an awful lot about cyber security. Jogged my brain with some of his comments in that thread,
Good article from CNet. I’ll take a look at my cards’ websites to see if there’s a special link. Yes, especially good fo…
I took my first overseas trip ever (to England) a few days before the Nov. 8, 2016 election. (Voted absentee of course) Part of me feared he’d be elected and I didn’t want to be in the country when it happened. So I learned of the outcome early i…
Rather than start a new thread - - -
Does anyone use “virtual credit cards” for online purchases / subscriptions? If yes, what’s the best way to get started? Should you install a certain App that would work with all your cards? Or is there an …
Haven't bought paint recently. I buy Dunn Edwards when I do. They provide Munsell numbers on their colors which makes it a lot easier to do a great job -- assuming you're doing the proper prep work.
Benjamin Moore's color "system" requires an advan…
Good news is that Fitch is NOT downgrading all US financials to AA+ (as the S&P did in 2011). So, Fitch is maintaining AAA ratings for "New York Life Insurance Company, Northwestern Mutual Life Insurance Co. and Teachers Insurance and Annuity As…
” Of course, that doesn't include the companies they own outright … “
Yes. That sounds right. And something I hadn’t considered before. Thanks @WABAC
Paint? Grand theft larceny. Who has time to shop around for paint prices when doing a job? …
“Well, how much cash in Munger holding these days, and how is his portfolio doing?”
Berkshire remains heavy on cash. Best recollection is north of 20%. Around 40% of their equity stake is in AAPL (+54% YTD).
Berkshire lost a bit in 2022, but …
I’m befuddled as to where the markets are heading (I mean more so than usual). Took a bit of risk off the table this week. I don’t think the downgrade in credit rating was a big reason for today’s turbulence. Maybe a good excuse to unload some over…
Think it was premature to say that US may not enter a mild recession, i.e. soft landing. It is a question of when and how severe the recession will be. Many conflicting data right now with the tight labor market, low unemployment rate, falling CPI, …
I'm see RED as of 10 CST.
Don’t look. It won’t hurt as much. But if you must … check out the metals and energy sectors. Probably down twice as much as equities. Did somebody say ”recession”?
”The move by Fitch now gives the US two AA+ ratings. That could raise a problem for funds or index trackers with a AAA-only mandate, opening up the possibility of forced sales for compliance reasons.”
From Bloomberg’s website this morning.
Good article from FD.
Not mentioned in the article, but as a citizen investing in municipal bonds makes me feel good to see my money being put to work building schools, bridges, libraries and the like. So I’ve been bitten a little recently. B…
The one I have plays in the upper tier of the high yield market. When I bought it I assumed (perhaps incorrectly) that these might be a tad superior in quality (likelihood of getting repaid) compared to corporate HY. I can’t verify that. But it he…
Good question. These things run in cycles. I’m in a similar situation. Short / intermediate term stuff. Down in ‘22 and up a bit this year. Treading water for 18 months now. I’m prepared to wait it out. But your point is valid. Agree that f…
What's your point?
I’ve watched the fund several years (and owned it in better days) and suspect it will rebound if and when the markets nose-dive. The fund invests in income producing stocks and tries to play defense (hedge) in the options market…
Understand. It’s been raised before. Just wanted to share my thoughts (which you apparently chose not to ignore).
Edit - I’m wondering how someone would follow a protracted discussion involving multiple contributors if they had previously selecte…
Motherlovers!
Years ago someone in law enforcement told me that when they followed through on identity theft complaints, they found 80-90% of this crap was originating in Russia. (No idea if still true.)
Similar story to @Crash / Warnings started popping up a year ago on my ipad that “Your device is infected by a virus.” Ignored them at first. After a few weeks I could see signs they had ripped into my DejaOffice files on the device and had been tr…
@David_Snowball - Is there a thought of providing an ignore feature in this forum so one could ignore specific posters or threads to allow easy navigation? Many investment forums have this feature.
”Speak your truth quietly and clearly; and listen …
Loving both Firefox & Brave which are knocking down attempts by Google & Facebook to track me. Dumb question … But how do these ”good guys” make money? I’ll assume there must be a business model - or are they supported fully by donation?
The PBS segment from Friday (I linked earlier in the thread) focused on the advent of pharmaceutical middlemen / brokers - a fairly recent development. These are companies that serve as a “broker” and set the prices drug wholesalers or insurance …
@Old_Joe & @Crash -
With the newer “Firefox Focus” I’ve found that it wipes clean any saved websites on my search engines. That’s the reason I wasn’t using it as the default browser. However, with the standard / more traditional “Firefox”…
Thanks for writing a book on the topic @Old_Joe. Very helpful. With DuckGo set as default on both the search engine and browser, do you gain anything by logging in to especially sensitive sites with FireFox? If that’s purely an illusion, it certain…
@hank. what's different about DuckGo?
DuckGo has been recommended in the past by several, notably @Old_Joe, as a safer / more secure alternative to Google / Bing, etc. I suppose they don’t track as freely.
I do not know why my access to M* seeme…
May have been a problem with Google’s pricing Friday. One of my tracking apps uses Yahoo pricing and one uses Google.
Same CEF’s closing price + change on Friday:
Google pricing $3.83 +1.32%
Yahoo pricing $3.79 +.26%
M*, M/W, & Fido…
”The latest charges against Donald Trump show him and his Mar-a-Lago band to be as lame as the Watergate plumbers.”
Headline from The New Yorker July 28 - Article by Susan Glasser
Just a quick ”sobriety check” …
Some YTD numbers for the first 7 months of 2023 along with the annualized rate of increase …
NASDAQ +36.79% YTD (Annualized= +63%)
S&P 500 +19.34% YTD (Annualized = +33.15%)
DOW +6.98…
I think the prosecutor has a “mole” inside the “company” giving them these details. Somebody ratted to stay out of prison themselves. “If you lie down with fleas dogs …” :)
I see this going to the SC in some fashion eventually (unless he drops o…
The revised indictment said that in late June of last year, shortly after the government demanded the surveillance footage as part of its inquiry, Mr. Trump called Mr. De Oliveira and they spoke for 24 minutes. Two days later, the indictment said, …
I may have found the issue with all those trackers. I’ve been deleting “browsing history, saved sites, cookies” religiously (several times daily) on the Google search engine I use for non-financial sites. However, I just noticed the time-period was…
To the extent possible I have absolutely no interaction with Google. Many years ago it was very obvious to me that Google was trying to pry into every aspect of my life that they could. No great secrets there, but also no damned business of Google o…
