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.
@Derf- Just click on the item that you are interested in and go from there. When you get to the shipping it's a little weird- you have to click on "shipping" to keep going.
OJ
Add- just got a confirming email and receipt. Shipping is free, btw.
It seems to me that with respect to "when to start buying" equities/equity funds the decision should mainly be based on two factors:
• How close are you to retirement?
• Do you believe that the equity markets will eventually recover and continue to …
"bets on the curve"
"BETS" ??? As in gambling? You mean that you can lose money with this financial stuff??
I'll be damned. Learn something new every day! :)
@rforno- oh, yes! bought some 14% tax-free out of Salt Lake City for some power generating plants. Figured that if anyone could get through that period it might be the Mormons. They did, and the income was spectacular.
It was only many years later …
@Finder- Sir: I note that you've been around MFO for over six years, but we very seldom hear from you. That's a shame- your observations and comments are well done, and I'm betting that your continued contributions to the discussion would be well re…
@Finder raises some good points. On one level, RMBS may be fundamentally intact in the long view. But there may well be an income hiatus where mortgage payments fall behind, not because of games in the mortgage business as in 2008, but because a fai…
I'd be fascinated to see the opinions of von Mises and Hayek had they become seriously ill, lost their jobs, fallen behind on their mortgages, and been evicted from their homes.
In this stressful time, which cries for serious and thoughtful information exchange, why MFO is being cluttered with garbage like this is completely beyond my comprehension. It echoes the performance from the very top of the present administration: …
In fairness, my "blind/deaf" comment applies equally to all of them, including Senator Feinstein, who I have always admired as far as professionalism, intellect, and devotion to public service.
Full disclosure: When she was our mayor, the first yea…
I have to wonder if that might have been an "intermediate" version of the document that was inadvertently filed. I do that sometimes, even when posting here. If I can't immediately remember a particular name but don't want to lose the rather fragile…
Looking at MFO almost every day, I've been feeling really stupid ever since going to 95% cash about a year ago. I felt that at 80, with a very decent pension & SS income, we didn't need the market exposure. I'm not feeling so stupid now, at leas…
Good thinking! This useless cohort could be converted into Soylent Green and used to help feed the homeless. Oh- wait... there's another useless cohort. We could convert them also into Soylent Green and feed chickens, and then... how about everybody…
Coronavirus live updates: U.S. cases near 11,000 — an 8,000% increase in 15 days
Here is a short summary of the latest infection statistics, as reported by the San Francisco Chronicle:
• 926 in California, including 440 in the Bay Area.
• 10,755…
Approx US population, December 2019: 330,149,796 (Wickipedia)
Projected infection rate, if let run without intervention: approx 80% = 264,000,000
Fatality rate of 2% = approx 5,000,000
Quite a writeoff that you're comfortable with.
I was just at Amazon a few minutes ago, ordering some case quantities of canned goods and some other foodstuffs. They are taking orders now for food items that they don't presently have in stock, with delivery dates anywhere from one to four weeks o…
The US mortality rate is consistent with the figure that I calculated so that's probably fairly reliable. Let's hope that our government's COVID data is more accurate than it's COL inflation figures.
Using a few numbers from JohnN's link, I come up with the following death rates, using the reported "Total Cases" and "Total Deaths".
Now we all know that reported numbers in situations like this are typically tentative and subject to significant c…
"No-one could have forecasted (sic) this catastrophe. No, not even me."
@Simon: Perhaps not. But those of us who have been around awhile and paid attention were well aware that it was just a matter of time until something came along to cause this. …
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.
Amazon tries to keep pretty much a "just-in-time" inventory. They're likely to run out of stuff to sell before they run out of customers.
Speaking of that sort of thing, yesterday I thought that it might be a good idea to supplement our full-size u…
