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.
My parents first bought into FCNTX about 35 years ago and have been happy with the returns. They didn’t get exorbitantly wealthy but it has provided a nice cushion for their retirement. The star manager (Will Danoff) seems to be relinquishing some…
https://www.cnn.com/2025/07/04/politics/social-security-administration-trump-bill-email
I’m too young for social security and didn’t receive the email, but this CNN article seems to indicate the partisan nature of this email.
Looks like I was having a "confefe" moment when starting this thread. My young son had been up during the night and I was tired!
I meant to ask, "What has become of this arrogant proclamation?". Looks like we got our answer today as the goal post…
“DNI Tulsi Gabbard just released this absolutely unhinged video, straight from the mouth of Putin and every single hate-America Russian propagandist, claiming that standing up to Russian terrorism is really an effort to start nuclear war,” one user …
This is actually an excellent example of how well the American middle class is doing which is one of the key takeaways from this article.
I knew I chose the wrong profession!
The article is kinda lengthy :)
“Go to college” turns out to have been good advice. The boom jobs of the new era are in things like management, STEM, education, and health care
I've started small positions in CGGR and CGDV. Both are new funds and were recommended by a friend who owns a wealth management firm. I have no idea how these etfs will perform in the near term but I like their portfolios and hopefully they'll bec…
$1.4 trillion was erased from the markets today. The USA 2024 trade deficit for goods was $1.2 trillion, therefore the loss in equity market cap today equals 1 trade deficit.
This highlights the need to quickly close these trade deals.
There really is no plan, no genius, and no serious strategy behind 90 percent of what Trump does. The last 10 percent is mostly stuff people around Trump are doing that he doesn't understand.
“And fear of what may come next”
In 2016 Trump told the journalists Bob Woodward and Robert Costa, “Real power is - I don’t ever want to use the word - fear”. Cheeto’s used fear for decades to intimidate opponents, critics, and allies to give up, …
Lots of talking heads the last few days recommending buying at these lower prices. The main lesson I learned about markets from the GFC is this - they can always go lower.
Don’t rush in. We’re not even 3 months Into Cheeto’s 2nd term. If he does…
Trump is following through on his promise to his base to disrupt the system because his base perceives that the system hasn't worked for them.
Reminds me of the following quote - "How can wealth persuade poverty to use its political power to keep…
The British didn't understand what Brexit meant for their economy. But they wanted it, they voted for it, and they've gotten it. Now it's the Americans' turn
Thanks OJ! I've been in brk.b for 9 years and it's been a good diversifier in my portfolio. I'm in it for the NAV increase and it's been performing relatively well since Cheeto showed up again.
The USA has gone from the most respected country in the world to the least respected and the biggest laughingstock in just the past 2 months. We don’t live in a vacuum and the policies of MAGA Trump do impact our investments.
You're welcome. I'm proud of being a citizen of both nations but around the world people are often more open to speaking with me and getting to know me if they think I'm Canadian, eh!
I've lived in and traveled to roughly 75 countries. In 2002 I was working in Bangkok and had to visit a customer in Phuket (a resort area in the south of Thailand). Before leaving Bangkok I received an email from the Canadian embassy alerting me o…
While overseas I've been telling people I'm Canadian for much of my adult life (I'm half USA and Canadian). I have small Canadian flag patches on my bags and name tags with the Canadian flag on the back of the tag. Having people think I'm Canadian…
The USA is making more seizures of illegal eggs than fentanyl at its Canadian and Mexican borders
https://thelogic.co/news/canada-us-trade-war-eggs-fentanyl/
Prices continue to fall. Bought just several more of oil/gas midstream Energy Transfer ET again... 7% dividend.
@Crash - Why buy ET instead of AMLP? Thanks!
