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.
"Biden is doing well lately. He hasn’t called Harris the President this week."
Wow... that's sure right up there with seditious conspiracy to foment an armed riot and overthrow the election.
Consequences of Trump and his administration's blunders will be felt for years in this country. A lifetime grifter who should be on the golf course. It's embarrassing to see him read the teleprompter.
How this country fell for the defund the IRS, f…
@LarryB- Sir, I've done my best to lay out my view of responsible posting on MFO. I've tried to acquaint you with the reasons behind and history of the MFO platform. If you have other perspectives and preferences, that's pretty much up to you.
@larryB- Larry, if you've been monitoring MFO for any length of time you are fully aware that my personal feelings on all of this are very much the same as yours.
However, MFO is primarily dedicated to financial and investment discussions, and you …
A good question, and not all that easy to answer. If we consider the general effects of political instability without getting into the detailed specifics of personal actions which have generated or contributed to the instability, then the discussion…
Interesting. I wonder who that person "behind the curtain calling the shots" might be. For a "senile person" Mr Biden seems to be doing pretty well lately... certainly a lot better than the former occupant of the White House. Although I must agree t…
@PRESSmUP- Timkin Roller Bearings! Wow, haven't heard that name in many years. When I was in grammar school they advertised in The Saturday Evening Post, with very informative descriptions of what they made, why their tapered roller bearings were su…
Yes, I think that Krugman is probably right on. The folks at the Fed aren't morons either- I'm pretty sure that between all of them they won't do anything totally stupid.
@Sven- Personally I think that 5.5% is too high for the long term. I'd like to see a number around 3.5 or 4%. On Schwab there are a large number of CDs which were originally in the 4.8 to 4.95 range, but which are now being offered at more than 100,…
"It is a good chance that US is entering a recession"
Of course the SF Bay Area is more exposed to technological layoffs than most other areas, but I'm also seeing lots of layoff commentary on non-tech business such as DHL logistics, for example. S…
@Sven- Best YTM at Schwab now down to 4.7 on non-callable. I'm surprised- with the negative market reaction to the Fed's announced "continuing effort" I was expecting the rates on income instruments to remain closer to 5%.
Nice lemons- Meyer, from the looks of them. We have two Meyer lemon trees- they are really nice... not nearly as much acidity as the common Eureka type.
Yes, David Brooks is an honest observer. Having watched him on PBS Newshour for many many years I've noticed that ever since Trump he's seemed to lose some of his vivacity- kinda just become a bit more subdued, even sad, perhaps. He seems to be reco…
@yogibearbull- You're still making the mistake of taking me seriously. My (kinda part mideastern) wife usually has a container of hummus in the refrigerator. I'm with MikeM on this.
Wile she's eating her hummus on crackers I'm eating peanut butter…
Maybe a few of the people who bought those whatever-they-ares intend to leave them to their children. Maybe in fifty years Antiques Road Show will appraise them for twice what they cost. Allowing for inflation, at least they might break even.
Nah, the article had nothing to do with it. Look back at my original comment: "I'm... quite capable of using similar (or much worse) language myself."
I wasn't really offended by Crash's language- I just think that a little class actually helps ma…
@Observant1 says- Wow, I would not have guessed there would be so much drama regarding account aggregation! This wasn't a controversial investing topic like active vs. passive or domestic vs. foreign. ¯\_(ツ)_/¯For sure... me too. BTW, I just learne…
@davidrmoran- Yes, I really like Krugman's perspectives. He shows both sides (or all sides, when more than two) of an argument, and then explains why he prefers whatever his stated position may be. Very honest approach, I think. Probably worth quoti…
From LB's link:
“Having the strategies to know where and when it’s appropriate to swear, and when it’s not,” Jay said, “is a social cognitive skill like picking the right clothes for the right occasion. That’s a pretty sophisticated social tool.”
W…
@stayCalm- above, you said:
A hack of Yodlee is no different than a hack of LastPass.
Using stolen credentials the attacker can liquidate your portfolio and move money out of the brokerage account.
I guess that I'm unclear on the exact definition of…
@stayCalm- Definitely not wanting to engage in any hostilities, but I'm wondering about your comment regarding being a "pretty heavy user of PersCap". Is PersCap some sort of aggregation setup? And if it is, do you think that the hacking risk is acc…
