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 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…
Consider retiring overseas. I spent much of my youth in Thailand and hope to retire there someday. $US 405k will allow someone to live a very good retirement in a lower cost country like Thailand.
https://twitter.com/LizAnnSonders/status/1127920068254420992/photo/1
This chart shows that the USA has decreased imports from China yet has made up for that loss by increasing imports from the rest of the world.
Sadly, Trump's May 4 tweet announ…
I found this report about yield curves to be of interest:
https://www.schwab.com/resource-center/insights/content/new-liz-ann-article?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+rss/market_investing_insights+(Schwab:+M…
@catch22 - Always good to hear from you! Thanks for this chart, I’ll show it to my friend. I’m guessing that his holdings are in a taxable account but I’m not sure. Thanks!!
@msf - Thanks for your comment! Yes, I'm working and hopefully have many more productive work years ahead of me as I have a young family dependent on my income. I'm not investing for income at this time, although I want to learn more about income …
@Mark @davidrmoran - Thanks! I've looked at a few pages of previous posts yet wanted to ask this question nonetheless. Any and all suggestions are really appreciated, thanks!