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.
But a board of 100% white males isn't favoring them by a gender/racial quota system, because obviously there were no qualified females or persons of color other than white. Sure thing.
Essentially we are talking about perpetuating a gender/racial q…
A bit more on this- Excerpts from a current article in The Washington Post:
HONG KONG — With her city facing an abyss, in her words, Hong Kong leader Carrie Lam strode to the microphone this week and reasserted that urgent steps were needed to pacif…
Interesting picture that you'd like to draw. If a corporate board is comprised of all men, that's normal, natural, and just the way it goes. If they try to diversify the board members, that's "choosing favored genders/races".
Typical right-wing war…
The quintessential big brother state. Very scary... they're already more than halfway there. Add in rigid internet control/monitoring/censoring, facial recognition technology, and Xi's command/control philosophy and it really is 1984. Yes, the peopl…
@Derf- No purchases as far as I can recall. Just held on and hoped for the best. I'm really a financial coward at heart. But we had just retired, didn't yet have a good feel for how our income stream would shape up, and were afraid to risk more beca…
@Mark- Well, it's no surprise that some folks feel free to make any kind of statement whatever these days and expect to have everyone accept it as fact without any question whatever. Leadership from the top, and all that...
I knew that we were in b…
A shocking article about SS.
Shocking because its coming from Marketwatch, but is nevertheless very well thought out, objective, fact-based and easy to understand. I wonder how an article this helpful made it past the Marketwatch editor.
I have to …
Well, my wife and I experienced 2007/08 just after we had retired. Being a firm and long-time believer in the Murphy principle I wasn't terribly surprised. But we held on and came out the other side in decent shape.
@Crash- The 6% dividends are nice, but don't lose sight of the fact that the market value of the stock itself will take a hit in the next downturn. That's of little consequence as long as you plan to hold the stock for a fair amount of time, but als…
"intellectually coherent"
I really like that. What a shame that wasn't written into our constitution as a presidential requirement by the framers. Of course all of them were intellectually coherent, so it likely never occurred to them that this was…
Stipulation:
I do realize that the information referenced above is meaningless, fake, and total propaganda, inasmuch as The Economist is certainly part of the free press and main-stream media.
"the collectivist ideology of the 'free press' "
Translation: If the story doesn't exactly parrot the desired Trumpian story line then it's obviously commie propaganda. Factuality is not a redeeming consideration.
And I quote:
"We certainly don…
" Lame-stream media, who do everything in their power to twist & corrupt the minds of all Americans into believing Trump is a polarizing, racist, neo-Nazi"
Actually, doesn't take much "power" at all. All they need do is quote Trump and his infa…
"Our own glorious leader has been stuck with the problems of globalism"
True enough. And his remedy for that is to foster racial and ethnic hatred every chance he gets here in America. And he makes certain that he gets lots of chances.
@Ted- Yes, she is. And so are a lot of other congresspeople. So are you. So am I. So what? It's not the money that's important- it's what you choose to do with it.
"3 whole eggs per day are perfectly safe for healthy people."
Maybe, but the question is: How long will people be healthy if they eat 3 whole eggs per day?
It's things like this that make comparisons between MFO posters almost impossible, in my opinion. Like rforno, I don't consider most of our cash as "investment 'holdings' per se", and I realize that most MFO posters don't look at it that way. Well, …
@MikeM- So when tomorrow's headline informs us science has determined that vegetables also feel pain when sliced and diced then what the hell will we all eat?
:)
@sfnative- Also a SF native (my wife too!) I agree with your evaluation of the Schwab setup. I went with Schwab because their West Portal office is one block away. We walk past it all the time but other than the original setup have not actually had …
@Ted- That would be fantastic for a baseball batting average but not so great in financial affairs. I'd bet that your financial batting average beats the hell out of Mauldin's.
I guess they didn't sign that letter...
Current WSJ Headline & Article excerpt:
Viacom and CBS Executives to Earn Big Bucks in Merger Deal
The merger of Viacom Inc. and CBS Corp. will be lucrative for the top executives of both companies.
Vi…
Yes, I did read that earlier. I'll believe it when I see it happen. It sounds like one of those lofty mission statements that executives love to have, but that absolutely no one in their organization even thinks about. (Unless after a drink or two t…
