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.
Hi @hank- I'm thinking that I was unclear when I said that the home should not be considered any part of "net worth". I meant that with respect to investment decisions- we sort of set the value of the SF home completely aside from any consideration …
Sometimes a certain amount of luck is necessary with respect to real estate timing. We got an early start to financial stability with the purchase, with another young couple, of a four unit apartment house at a good location in SF. What an experienc…
Then when you buy a home it's wise not to sink all of your assets into it, right? If you lose your job when renting and have no reserves then you are completely at the mercy of someone else. Under no circumstance would my wife or I have put ourselve…
To some people ANYTHING other than unfettered, unregulated cutthroat last-man-standing capitalism is always "socialism".
Yap, yap yap! I've never really cared for high-pitched yapping little dogs.
Looking at MNWAX at Schwab, I see a ytd return of -1.87% as of 9/30,but +3.58 as of 10/28.
With BAMBX, it's -0.04% and +3.41%, same dates.
What's the story on that?
"research into the sociological implications of white supremacy and neo-Nazism."
Well, she's certainly well equipped to anticipate the moves of the current administration.
Not to the extent that it was before you-know-who's tax plan to "help the middle-class."
Pretty much OK for him and his friends, though, because they get to play by different rules.
Yes, it's going to take a while but eventually all of this stuff is going to come together and it's going to be a whole new world as far as energy use is concerned.
I've found the subject of ultra-high voltage power transmission lines to be very interesting. In the early days, as Catch22 mentions, the DC voltages involved were quite low, so to increase the deliverable power the transmission lines had to be extr…
One could speculate on the timing of this sudden Fed "insight". The Fed has been as meek, servile and cooperative as possible in the face of the threats and vituperation spewing from the Executive branch, and the lack of fiscal cooperation from the …
@little5bee- We haven't done that in many years, but it sure was a lot of fun! When we did it there was no internet and they hadn't invented cellphones yet, so just heading somewhere with no idea what might be available for lodging was sometimes qui…
Maybe this from The Financial Times via Axios?
The Fed is starting to question its own policies
Several officials at the Fed are beginning to worry about asset bubbles and excessive risk-taking as a result of their extraordinary policy intervention…
"Don’t count learning short in any endeavor"
@hank- I certainly don't: "I've somehow managed to communicate reasonably effectively in spite of that limitation".
BTW, I thought that your "driving" analogy was particularly effective.
Note- referrin…
Hank- You've been reading my posts on MFO for many years now, and in all that time, if I'm remembering correctly, only once did someone advise me that I had made a grammatical error.
I really wasn't joking about my virtually complete ignorance of t…
I usually got a courtesy D- in "English" in grammar school. I still have absolutely no idea what a split infinitive or a dangling participle is, and to be honest, I really don't care either.
And even more lesser common are Michigeese and Michiganders. The folks that we traveled with loved that.
Have a good one, Derf.. and you stay safe too.
He posts known lies and then wonders why people have a problem believing his incredibly great financial performance- absolutely the best since Abraham Lincoln. Oh, wait... that's the other guy...
@FD1000: David's link that you are referring to is PRIMARILY about investing issues, and incidentally about financial sleaze at the White House. Your link is simply more right-wing garbage with NO relation to investing, yet you have no problem makin…
@FD1000- For someone who complained frequently about being subjected to"off-topic" commentary you seem to have no problem introducing some real crap in an investing forum area.
A separate isolated Off-Topic forum area was created specifically becau…