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.
@BenWP- Likely because some posts, like rono's (above) say "@Ben" rather than "@BenWP". We older folks sometimes are a little sloppy on stuff like that. For instance, rono also referenced me as "@OldJoe", and I received no notification, because it s…
I greatly admired Colin Powell, and have always thought that he took an unfair hit on the United Nations presentation on Iraq's supposed WMD arsenal.
General Powell didn't invent that false information on his own- he was reporting what he believed …
"thx Old_Joe advise"
For the record, Old Joe did no such thing, and never would attempt to "advise" anyone on financial matters. At 82 with very decent pension & SS income we are much more concerned with financial stability rather than increase…
The Great Resignation Is Accelerating
In April, the number of workers who quit their job in a single month broke an all-time U.S. record. Economists called it the “Great Resignation.”
Here's a current article from The Atlantic which explores this to…
@Derf- No sir- There were no strike actions during my time as steward. I was mostly involved in representing employees in bureaucratic disciplinary or contractual proceedings, with a pretty darned good win record.
OJ
@rono- My man!!! I've been looking and waiting for at least six months for the professional pundits to finally ask the question/make the connection: "All around us, not only in the US, but overseas as well, we're witnessing (and participating in) a …
OK, with a search I did find the following info from Ameritrade. It apparently deals with margin purchases, which I never even consider, so it's probably a logic "don't care".
Maintenance Requirements on Stock
How are Maintenance Requirements on a …
Yes, I was especially impressed by the empirical studies which determined virtually no negative side effects resulting from increases in minimum wage. But certain quarters are still spouting that nonsense, aren't they?
@Stillers- Derf is one of the most easy-going folks around here. If you're irritating him as well as hank maybe you should consider lowering your tone of voice.
I think that hank is on to something. You're eventually going to need someone on your side who is local to you, so why not get them involved from the beginning, rather than get something started only to find out that there may be pitfalls?
@Ben WP- Yes sir. I was just mildly curious because TheShadow mentioned that his does reinvest. However, he purchased his shares a long time ago, so stuff probably just changed a bit. Thanks-
OJ
@TheShadow- Bought another 26 shares @ 750. Now have 50, and will buy again if the chance occurs. Tried to automatically reinvest dividends, as I normally do with all holdings, but Schwab says "not allowed" with this particular stock. No big deal, b…
@The Shadow- yes sir, I checked that out before the buy. Thanks again!
To everyone else- thank you very much for your thoughts and comments. Sitting on cash is driving me nuts, but at 82 with wife not interested in matters financial (other than to …
Yes, that's the way that I see it also. Back in 2020 I had owned 50 shares, and sold them for what I thought was a decent 5k profit. Totally stupid move. I'm going to stick around this time. Will buy more if it continues downward.
Thanks again- app…
@TheShadow- Thanks much for the opinion... I just threw 20K at it. Since that will undoubtedly casue a further 85% decrease just remember that you have no one but yourself to blame! :)
Thanks again-
OJ
@davfor- yes, I think that you are exactly right with respect to Jack Ma, and that he inadvertently triggered a major reaction from Xi that was percolating close to the surface in any case.
I've mentioned this from time to time over the years: for us older folks who grew up with telephone numbers that had an alpha prefix (for example, ENterprise 6-1234) you probably remember some of those with no difficulty. Leave out the "space", and …
