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.
@Old_Skeet- Yes, exactly what I've done, but to a much greater degree than would be appropriate for younger folks. At 80, we've accumulated enough to coast for the distance without the need for much risk.
But if the market does a major drop in the …
You don't need my "permission" to do anything, @Ted. But when you cheat to artificially boost your links into the "Comments +" section, you'd better believe that I'll call you on that.
I agree with @Ted on this one. Keep it simple, go with the market: 50/50 SPY and QQQ. The fancy stuff may work for a while due to some particular combination of market circumstances, but in the long haul there's just no consistent magical way to bea…
Here is the latest from The Washington Post on the 737 situation. Following are lightly edited excerpts from the Washington Post article:
ADDIS ABABA, Ethiopia — A new piece of evidence found by investigators on the ground here suggests the Ethi…
@VintageFreak- Well, maybe. One thing though... if it does happen it's going to be one of the shortest wars in history. Three months max. And San Francisco will be back to sand dunes. This time though, radioactive sand dunes.
The New York Times is reporting that "investigators at the crash site of the doomed Ethiopian Airlines flight have found new evidence that points to another connection to the earlier disaster involving the same Boeing jet."
Edited excerpts from th…
■ ■ ■ ■ ■ ■ ■ ■ THIS POST IS IN VIOLATION OF MFO POSTING STANDARDS ■ ■ ■ ■ ■ ■ ■ ■
⇒ This post had only 6 views and no comments. It has been artificially "bumped" into the COMMENTS + CATEGORY by the poster himself, without legitimate qua…
@JoJo26- I guess it's what you choose to believe. From the article:
"Comprehensive research [5] on the topic has been published by Aon Hewitt, which concludes that 403(b) customers waste $10 billion dollars per year in excess fees."
Note [5]: "The…
"there’s a move in Michigan and elsewhere to get rid of DB pension plans. In some cases they’ve been replaced by matching contributions into 403 B plans."
@hank- Yep, a tough call on this one. Which is more dependable- an underfunded DB pension rel…
@JoJo26- Well, OK, but most everyone here at MFO is well aware of the annuity scams. That's also one of the main points in that article, so why is it "BS"?
@Crash- Absolutely nothing personal intended, but I regard almost any religion as "predatory". If there is some sort of "higher being" that set up the rule sets for Earth I have a few questions for him/her/it.
@JoJo26: It's really quite arrogant to assert that the article "is a bunch of BS." Just because our wives happened to luck out with relatively decent 403(b) plans in no way invalidates the points made in that article. It's going to be difficult for …
Judging from the above comments, the components of a 403(b) must depend upon the individual school district. We maxed out my wife's 403(b) every year. The SF "United" School District's plan offered a very wide array of mutual funds and other options…
There must be some confusion here. Last Saturday was Pie day. We got cherry, and it was great. And I did in fact divide the circumference right through the diameter, before dividing it yet again into smaller pieces. All gone now.
Well, I see that this post alone, which you have ridiculed, has over 500 views. That's for one interesting post, Ted. You again seem to confuse quantity with quality.
I've no more to say to you here, Ted. If you want to continue trying to destroy t…
@BenWP- Jim Hall personally, and the NTSB particularly, are highly competent, honest in their statements, and totally dedicated to finding accurate answers to aviation issues.
I would trust them with my life; the FAA, no thanks.
@Ted notwithstandi…
@ron- A few questions...
1• Had this function worked OK prior to now?
2• If so, are you using the exact same equipment?
3• If 2 is "yes", have there been any recent changes to or upgrades of your software?
4• If 3 is "no", are you using the same in…
■ ■ ■ ■ ■ ■ ■ ■ THIS POST IS IN VIOLATION OF MFO POSTING STANDARDS ■ ■ ■ ■ ■ ■ ■ ■
⇒ This post had few views and no comments. It has been artificially "bumped" into the COMMENTS + CATEGORY by the poster himself, without legitimate qualif…
So were Schwab's results for "self-directed" significantly different than any other major brokerage? And since we're talking self-directed, what difference does the brokerage make in any case?
Following are excerpts from an Associated Press article currently appearing in the San Francisco Chronicle:
PARIS (AP) —
"The French air accident investigation authority, known by its French acronym BEA, is now handling the analysis of the flight …
@billr: Exactly. From what I've read in the last couple of days, the forthcoming software fix is supposed to incorporate a number of inputs from other sensors and processes.
That's all well and good, but there also definitely needs to be an easy to…
@hank- I know that you know what the horizontal stabilizers are, but the pic was for those who don't follow such things all that closely. You're right though- the stabilizer pic is a little destabilizing. :)
@BenWP- Yes, I agree re the WSJ "Middle Seat" column. In fact generally the WSJ reporting is well done. The reporting staff has been responsible for breaking quite a few in-depth stories of financial evil-doing in the past couple of years. It's just…
@hank- Oh, my... now you've gone and done it. @Ted says that you are "making a political statement out of a tragedy". Don't you realize that you are supposed to ignore reality in cases like this?
A wildcard in this one is the eyewitness report regarding "smoke coming from the tail" as the aircraft descended.
Lord knows that I don't put a lot of faith in supposed "eyewitness" testimony, unless backed up by multiple witnesses or other factual…
And then, also in that other thread, I replied:
@hank- Yes, exactly. And evidently Boeing didn't either, when they designed this bastardized autopilot system.
