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.
Guess I’m missing something. (Of course just their best guess.) But those are average annual returns - positive not negative. And likely to exceed both inflation and what cash / short-term fixed income would provide. Just eyeballing the list of equi…
"Two feet of snow, slush and ice here on top of frozen soil and heading 10 degrees below zero (F) for the next several days. … I do have plenty of good reds, firewood, and stacks of books available.
@Mark - Sounds like a living hell out there. Some …
Curious if Lynn Bolin recommended any specific fund picks in his article for 2023.
Ummm … In a roundabout way yes - there are recommendations. Tons of funds are listed, analyzed, compared. They are grouped into many different categories. He does …
Geez. I just left a “non-political” thread on the subject to come here. :(
No problem. Carry on guys.
Of course, Putin could render the entire topic mute by lobbing a nuke or two over there. You don’t suppose he follows U.S. domestic politics?
Didn’t mean to go on a tirade Fred. . Money markets? CDs? Possibly. But what do they invest in? U.S. Dollars. And a dollar bill isn’t worth the paper it’s printed on - or the ink so scribbled - except for the “full faith and credit” of The Unite…
@Fred495 - From your OP: “As the OP, I specifically asked: " Would, for example, FDIC insured CDs be a place to hide out from a US government default?”
Of course not. The FDIC is an agency of the Federal government. What makes you to think that a …
can't get in. but thanks for playing, anyway. :)
Try this link. Should get you in at least 1 time.
https://seekingalpha.com/article/4571846-investment-picks-for-retirees-in-2023
@hondo - I don’t know if you considered mine “political” in nature. But I’ve gone back and deleted 3 or 4 references to politicians or political affiliations. Also deleted one mild expletive (getting really good at this).
I agree with your protes…
Geez - Jeremy must be getting paid by word count.
He seems most bearish on the S&P - forecasting 3200 by the end of 2023. I think it’s unfortunate most media (and investor) attention focuses on 3 indexes. Of course there are hundreds of diffe…
This (delete) rhetoric goes back at least to the (delete) beginning 50s or 60s. Subscribed to (the then very excellent) U.S. News & World Report as a teen - always enjoying reading of current events. So, the “can’t run a household this way” ref…
Just sad, and even sadder because it's so predictable now, and nothing meaningful will be done. All we'll hear is the usual "thoughts and prayers" platitudes.
Yup. We’ve come to expect and accept the inevitable. These tragedies temporarily bump a…
Randall Forsyth makes a case for gold in the current Barron’s. It’s a bit complicated. Goes beyond traditional arguments. (I’m decidedly agnostic on the subject.)
I’ve updated this thread to include the new 2023 numbers.
Prior 2022 (complete list): https://en.wikipedia.org/wiki/List_of_mass_shootings_in_the_United_States_in_2022
New 2023 (list to date): https://en.wikipedia.org/wiki/List_of_mass_shootings_…
Not a big proponent of tech analysis. However, several sources I follow have in the last week or so referenced this “breadth thrust” (bullish) indicator. If nothing else, word of it may have induced some investors to take more risk and might be re…
Hey - You’re getting what you pay for. Right?
And who would have forecast the S&P / NASDAQ would be up 4.7% and 8.6% respectively 3 weeks into the new year? (Probably not the International Monetary Fund)
“Is an ETF trade what you are thinking about?”
Oh no! Just tossed out a guessing game if anyone has an opinion. If one was trying to trade the 10-year or other bond (or related fund) of high quality / intermediate duration, where on the rate curv…
Is there a particular spot in the 10-year treasury yield that might be advantageous for buying or selling if one were predisposed to timing? (speaking of investment grade intermediate term bonds). ISTM perhaps 3.5% might be in the ballpark - the …
“I have nothing against Jonathan Ferro but Katy Greifeld is very easy on the eyes.”
That appears to be a requisite for women working at the network. Have always wondered if Mike does the screening himself … ?
Vonnie Quinn is one of my favorites …
Check out the market cap. Around $103 M doesn’t even put it in small-cap territory. Very small companies’ stocks tend to be both speculative and volatile.
The numbers: Typical market capitalizations
From the above: “Companies are typically divid…
There never was pop music like in the late 60s thru the early 90s. So much beautiful memorable work. From Simon & Garfunkel and the Beetles on thru some of Streisand’s pop hits - and of course including Crosby. And we took it for granted that…
Purchases of imitation ChatGPTs soar on App stores.
”A sketchy app claiming to be the bot ChatGPT has soared up App Store charts, charging users a $7.99 weekly subscription to use a service that is entirely free to use on the web and seemingly has …
@Yogibearbull. Yes.. There’s a lot in the current Barron’s about “illiquid securities” and “private equity,” and “leveraging”. Several panelists in the “Roundtable” sounded alarms. They view the issue as potentially affecting the entire 2023 invest…
Guess I’m dumb. Apple backs up my entire system automatically to their hard drive in the cloud. And, I make secondary backups of my DejaOffice files by email - sending them to my most secure email server. I’ll admit you guys’ method is even safer -…
@FD1000 - I don’t visit other boards. MFO is the best by far.
So if you want to claim credit here for predictions you made months earlier it seems only reasonable that you also post those predictions here at the time you make them.
And the MFO po…
thx @Davidrmoran / So he posted the prediction in early November of last year? (Didn’t seem that far back). ORNAX bottomed on October 27, 2022. A very good call on FD’s part if the early November date is correct ? ?
Here’s what FD1000 wrote 1/2/2…
@FD1000 - Here’s what I wrote in this same thread on 1/1/23 …
”The talking heads and market gurus I monitor mostly speak optimistically of a splendid 2023 for longer dated bonds. In particular, Rick Rieder of Blackrock appears to have trouble ‘co…
I couldn’t remember posting this topic. Check the date. A year old (January 2022). So my
comment in the OP “I’m leary of real estate as an investment at this time due to bubble-like valuations.” may no longer apply.
Real Estate funds, as a categor…
Interesting discussion. Always believed Apple was immune from virus attacks until an episode about 6 months ago. Fortunately, still had a “clean” backup file stored in Apple’s cloud from a month earlier. So deleted all content (taking the ipad Air…
It is unfortunate / inexcusable that the American crew was allowed to depart without delay and proceed to London. The cockpit voice recordings contain only the last 2 hours’ conversation, important (it would seem essential) for determining how this…
Santos would have made a terrific novelist or playwright. Heaven only knows how he bumbled into politics. But be glad he’s not your money manager.
” … as my father snobbishly suggested, and I snobbishly repeat, a sense of the fundamental decencie…
Yes. Good point. If you are retired and have no earned income, you cannot contribute to an IRA (Fidelity) So converting to a Roth is an indirect way to use ordinary cash you have on hand to increase the real value of your tax-favored holdings. Fur…
Triskaidekaphobia - Might apply here ….
- The incident occurred on Friday the 13th
- Delta flight “1943” contains the numerals 1 and 3 (first & last numbers)
- Adding together the two middle numbers, 9 and 4, results in 13
On a more …
You read my mind. In the process of digging up the Canary Islands event. Heartbreaking.
Here: https://en.wikipedia.org/wiki/Tenerife_airport_disaster
Sounds like the American crew was at fault in the recent incident. Can tell from the recording th…
I've had an Guardian account for many years. I took a free ride for a year or so, but then began subscribing, because they do a good job and they can't work for free. I believe that they will allow a free ride, but they will really bug you after a …
@msf - I’m math deprived.
However, your calculations make sense to me if one withdraws TRA-IRA money to pay the taxes due on a conversion. By and large not the route I used. Most of the $$ for taxes came from pension & SS plus some personal …
Building on @catch22’s observations.
One distortion (err perhaps “half truth”) a decade or two ago was the belief somehow conveyed to workers - especially the non-unionized - that foreign workers were taking their jobs away and lowering their stan…
