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.
I have to agree that investing in mutual funds seems to have a generational divide with younger people not so interested in funds, instead preferring the fast bucks that possibly come with trading individual equities. I'm in my late 30's now (geeze…
Wondering if buying some MJ ("Alternative Harvest ETF") makes any sense. Dispensaries seem to be busy and the market is continually expanding.
@JD_co - MJ is incredibly speculative. The cannabis industry isn’t a national industry but is state b…
Nobody I know in my age group (mid 30's) drinks hard liquor, it's all beer and wine. I have a number of friends who can endlessly detail the tastes of various kinds of craft beer, much as everyone on this thread has discussed scotch.
It will be …
I’ve suggested WAMCX in a couple of recent threads, which of course means that I’ve likely jinxed this fund to a future of mediocre returns from now on ... :)
@soaring - PRGTX, PRMTX, WAMCX and AKREX have all been winners for me. FCNTX is a fund my parents have held for decades and are really pleased with it. WAMCX is closing to new accounts on 9/11, here’s a recent MFO thread on its closing:
https://m…
@WABAC - "I understand that some people enjoy "debate." But I am pretty sure that there are rules for that to keep it from looking like the primate house at the zoo."
Thanks for this metaphor, it's the most hilarious thing I've read in months!! :)
This article further explains this “national emergency”:
https://www.washingtonpost.com/opinions/2020/08/13/trumps-attack-postal-service-is-now-national-emergency/
The Postmaster General (Louis DeJoy) is a recent Trump appointee and Trump ally. He has never worked for the USPS (unlike the 4 previous Postmaster Generals) and has been a generous donor to Republicans. At the time of his appointment he was overs…
I completely agree with the comments about the lack of leadership.
"Weak leaders praise themselves and criticize others. Strong leaders criticize themselves and praise others" - Adam Grant, Organizational Psychologist, The Wharton School
With the election 5 months away and Trump's popularity sagging as always, it wouldn't surprise me one bit if Trump started a foreign war as a distraction from his continued onslaught on his own country. Forget about 100,000 + deaths from the corona…
I have no idea which direction the market's going and neither does anyone else. The S&P 500 crossed its 200 day moving average, potentially signaling more market gains. IF these gains hold, small caps have traditionally done well coming out of…
I don't like to trade but in a volatile market like this one I've found myself doing just that. What I bought 4 days ago is now down 10% or more. The stimulus will be of enormous help but only a vaccine will permanently turn around the markets and…
@PopTart- I knew that you'd been paying attention all these years. Good job! :)
@Old_Joe - Contrary to popular belief, over the years I've paid attention to the posts on MFO as well as the old FundAlarm site. I have learned ... :)
Yes. There's room for plenty of upside, but this one's going to be very unstable until we really get a decent fix on COVID and it's aftermath. Absolutely great opportunity for younger investors.
You rang? This younger investor added to PRMTX, AKREX…
The only thing I can think of which will permanently turn around the global economy, financial markets and life in general is a vaccine. Even the whiff of a rumor of the possibility of a vaccine will cause markets to skyrocket.
My parents have long term care insurance. I don't think they'll collect a dime from it if it's ever needed, but they want to keep it. They claim that this insurance gives them piece of mind, although I much prefer the options stated in this articl…
I have a friend who worked for Fisher Investments in San Mateo, CA. My friend was with Fisher only about 2 years and quit to go elsewhere. My friend said that Ken Fisher is a nutjob and Fisher Investments was "the cult of Ken Fisher" with everyone…
@johnN - Thailand is blessed with many world -class hospitals staffed by surgeons who studied in the USA, Canada, Australia, New Zealand, UK, France, Germany and Singapore. The medical costs are a fraction of the costs in western countries which ha…
