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.
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 $$ for taxes came from pension & SS plus some personal …
Building on @catch22’s observations.
One distortion (err perhaps “half truth”) a decade or two ago was the belief somehow conveyed to workers - especially the non-unionized - that foreign workers were taking their jobs away and lowering their stan…
Big fan of Roth conversions. Did 3 - all post retirement, Couple nice features: No RMDs + when you need a large amount all at once for a major purchase the $$ is easily accessible w/o having to worry about the tax hit.
As sma3 alludes, the best i…
Abstracts written by ChatGPT fool scientists (Article: The Guardian)
PBS News Hour on Saturday aired a segment in which they interviewed a college professor in the language arts specifically about the problem of receiving fake essays from students.…
For future government employees, including those working as or for xxTUS, I hope a lesson is being learned. I find the two cases to be different but, still, they both are also stupid (and I hate stupid in people who should be more). I remember how m…
Got the ol' alternate facts thing working there.
”When you're in trouble
Go into your dance …
“Give 'em the old three ring circus
Stun and stagger 'em
Though you are stiffer than a girder
They let you get away with murder”
- From “Chicago”
Thanks @Crash & @carew388
Neither MAINX (+3% 1 year) or MICPX (-1.65% -1 year) appears to have a terrible one year stretch. Most everything related to EM got clocked last year. Not familiar with Matthews funds - but recall some favorable me…
I’d be interested in their reasons if anyone knows. Seems odd at a glance. Maybe worried about geo-politics / stability of area? Or, have they replaced these with a better product(s)? I’ve noticed some EM stock funds turning up in recent months …
This won’t go down easy. Likely to help Trump defuse / mitigate his transgressions in the public eye, even though very different from a legal perspective. Dug-up a scholarly work which examines the tendency of people to lump into one category basi…
@Observant1 - I’m glad you and others continue to share your holdings. No intent here to impugn or discourage that practice. I too have acquired some great funds after others wrote about them here. So my decision to no longer share is strictly per…
”Too many George Santos impersonators have infiltrated some of these forums.”
Hi Gary. I don’t know whether your reference was to me or not. But inasmuch as I’d earlier alluded to some profitable personal investments and inasmuch as others might co…
”Our very first bill will repeal the funding for 87,000 new IRS agents,” Mr. McCarthy said after being chosen as speaker after a 15-ballot election that was the longest since the Civil War. “You see, we believe government should be to help you, not …
Sounds like @Level5 has his act together. Nice approach me thinks.
Can’t emphasize enough the relevance of age & situation to this whole topic. As one nears 80, unless there’s some extenuating circumstance (growing portfolio for heirs, having m…
Joseph McCarthy / What a horrible episode in our history.
Then there was JP McCarthy who ruled the Detroit airwaves for many years. I’m sure @catch22 remembers.
@catch22 - Do you have a chart showing the relative performance for the next 7 years? My guess is that those lines will pretty much converge again before this episode is all finished, as they did in 2018 and 2020. More aggressive funds tend to le…
Wikipedia Biography - George Santos.
There’s something vaguely likable about this guy. Certainly has a vivid imagination! And he must have sized up his constituency accurately and concluded quite correctly they were as dumb (or apathetic) as a fen…
Real estate funds bounced today.Some gained around 4%. Possibly a sign of a coming turn-around .., ?
Took profits from a mining stock today and parked the sum in a conservative income-oriented real estate fund (ASRAX) where it remains still within…
@Derf
The friends uncle had an old John Deere, single cylinder (putt, putt, putt) tractor …
So that’s why they sounded that way! Always wondered. Spent 1-2 weeks a summer on farms in the Saginaw Valley region as a kid. Several relatives owned sizab…
Thanks Mark. Great article. I don’t doubt Hulbert’s overall premise. But you know what they say about ”In the long run …”.
Gosh - depends on what all you’re invested in as well as age, risk profile, etc, Curiously, a very speculative stock (one …
