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.
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MikeM
I know you are not a fan of his, Mona (understatement :) )
Another Bills fan!!! Junkster just sent me a note saying the same. GO BILLS! They will be right down the road from me when training camp starts next week at St. John Fisher College. But tickets sold out in hours, so I won't be going. Are you from the area, Western NY?
I looked at GE. Then I remebered another old DOW paticipant, Kodak. Will GE also follow the bankrupcy path or will they take the innitial steps and have to sell off the only assets that that still make money? I think it's at least 50:50 on bankrupcy…
Never been one to simply compare daily, yearly or even 10-year returns in trying to decide whether a particular fund belongs in my holdings. That sometimes seems at odds with other investors’ sentiments.
@Hank, this is something I've gravitated to a…
For me to own these "low cost" etf's that Cramer speaks of I will need to hold these type of investments in a wrap fee based account.
@Old_Skeet, Actually in this article Cramer is not recommending ETFs. But your comment about having to own ETFs in …
what is risk parity ?
A marketing ploy designed to under perform straight-up balanced funds and make you feel good about it. That ploy seems to work pretty good.
@larryB, is this the connotation you are refering to, anti-semetic? I thought the word was just a reference to a shady lawyer and generalized for anyone else who fit that bill. Frankly I had no idea it had an anti-semetic reference to it (I would be…
Machines don't write hagd, people do. I refuse to put lol at the end of anything I write, but I'm definitly in the minority. Joe and Crash, have a good day!
On a similiar note, I had a buy-limit order in for FDX, basically because I wanted to have something tied to the on-line shopping boom called Amazon. Low and behold Amazon said they would start using more 'local' delivery (implying not FDX). FDX qui…
Sorry, but exactly "how aggressive" someone is investing in retirement NEEDs information regarding how much cash that individual holds.
No it doesn't. Look, my point is @Ted simply stated his investment allocation. He didn't suggest it be used by an…
@VintageFreak, what rate is acceptable for safe liquid assets? Junkster mentioned you can get 2% in a money market at Fidelity. I have my cash in a money market at Schwab paying 1.8%, and it continues to rise with rate increases. With a 6 month CD y…
"Long Term" has different meaning when your investment is down 8% in 6 months. An investment that's NOT supposed to do that.
VF, where did you come up with that rule???
Long term certainly means more than 6 months to most people. Timing is less imp…
These funds are not magic formulas. Some times they will be positioned well, other times they won't be. What ends up being important is how they do over time, over an economic cycle, and almost always the answer is - no better than a plain vanilla b…
@BrianW, I am appalled!!! Who would put avocado on a cheeseburger????? Look up the recipe for Hot Sauce, Rochester style. If you search even farther, make yourself a "Garbage Plate". Avocado.... please.
I prefer a system that would allow doctors and their patients to decide the best care rather than bureaucrats
@00BY, thanks for your out of US opinion, but doctors and patients do not decide on care in America!!! The insurance companies and whoever…
Totally immoral, this lady and this administration. Hard to watch, though I'm sure for this lady it is all about continuing to get her paycheck - blame Democrats, yeah! Sometimes you just have to stop and say what in my mind is right and wrong. She …
I believe American history will show Asian immigrants, most notably Chinese, have been blatantly discriminated against forever. Heck, it was widely publicized in the 1800's that Chinese were, well, sub-human. Ever hear of the Chinese Exclusion Act.…
@VintageFreak, that is true, but who would put there money there anyway when there are FDIC insured internet banks that pay closer to 1.8%. Heck, my IRA cash is in a Schwab MM at 1.7%. It could be that big brick-and-mortar banks just don't want to b…
Hmm, lets see about this drudge report. Oh, gosh @johnN, you probably didn't know, but it is known for fake news, also called a bunch of crap. Stick with your far right bias slant John. Kind of strange from an immigrant himself.
From mediabias fac…
No president ever engaged in 1-1 discussions w dictatorships before
Not true @JohnN, try opening an American history book.
Wonder how Obama also got noble peace by less substative accomplishments
Trump has not "accomplished" jack-sh*t as of yet, oth…
Just google 'investing in cryptocurrency or blockchain'. There are plenty of stock choices. I don't believe anyone can forecast which if any will be around in 1-5 years though.
@Carefree, because I also can't add to GPGOX, I took a position in EVGBX last oct-nov. Similar fund in that it's a global sm/mid cap fund. David did a write-up on it some time last year which is what drew my attention to it. I have no intention of d…
"Destroy the evidence Jared and Don Jr., even though you did nothing wrong... and oh yeah, this is just a witch hunt." Seems to make sense, I guess. I'm sure daddy has already followed Sean's advice.
@BenWP, what am I missing? Per M*, DSENX is not only holding it's own with S&P 500, but slightly ahead for the past YTD, 3M, 1M, 1W. It is way ahead YTD of maybe a more appropriate bench mark, LC value. I have 10% in DSENX. I don't see a reason …
@Lewis: From your response, I take it you have never served you country in the military !
Regards,
Ted
Ted. I believe the person who wrote the poem Lewis posted served his country. WW1 I believe. My guess is that poem is a more accurate representati…
JohnN has always been pretty much just an instigator, throwing out right wing hate crap just for the reaction and never responding with a reply or defense for what he posts. Rather cowardly, but that's who he is. You pretty much just have to ignore …
My submission as a contrarian fund fund that I own would be OPGSX because it’s off 7.5% YTD and has lost an average of 5.5% over 10 years. Clearly the thing it invests in (gold) has been out of favor with investors over the past decade and continues…
This fund is now available NTF (No Transaction Fee) and offered load-waived through Fidelity
Hi @Maurice, not a Fidelity guy, but I just went to their web site and searched for PONAX and this is what I see 2nd line after the title.
@Maurice, is it hard for you to admit you quote a lot of fake stuff or that you believe a lot of fake myths perpetrated by slanted "news" organizations?
The deficit will be absorbed by the US budget. Problem solved
Not by my statement, it's Buffet's…
Probably because it's not true, but pervasive.
The debate about Social Security reform contains a certain amount of crazy which has been accepted mostly through volume rather than fact. One of the most pervasive myths in the Social Security debate …
Here are his suggested "fixes" to SS. Problem is, there is a very powerful lobbing organization (called politicians) that would not allow these, what I would call obvious, changes. Can you imagine Republicans pissing off their rich base with option …
Thanks @Anna. Yes, married but born January '54, so missed the spousal benefit of taking 1/2 the spouses SS. That was pointed out to me by the adviser.
Thanks everyone. I appreciate all the input to this post. As mentioned, the professional advice I received is the same as all of your's, delay SS as long as possible. To me that means for as long as you don't need to withdrawal more than the 4% rule…
@Old_Joe, I'm going to part time voluntarily, more time to do other things and I thought it a perfect way to ease into retirement. I was a little worried about being bored and missing the social aspect of work if I retired completely. My employer wa…
I have a decision to make about SS. I arranged with my employer to "semi"-retire working 3 days a week starting in July. To make up the difference in pay I have an option to start withdrawing from the nest egg to delay SS or take SS now (at 64 1/2).…
As to a N. Korea fix; reminds me of an article from one of the 1970 Playboy magazines that I still recall.
@catch22, Playboy had articles???
In any case, there is no way the 2 Korea's will ever be unified. China will never give up it's buffer an…
