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.
I have to reluctantly agree that the judge's concern about conflating the political environment with the judicial environment is the honorable stand on this situation.
Unlike the Supreme Court, he is trying to keep well clear of influencing the pol…
An ironic aspect of all this is that Trump's mental acuity (never all that great to start with) now seems to be deteriorating even faster than Joe Biden's. Perhaps it seemed more noticeable in President Biden because he started from a place which wa…
From a report in The Guardian:
Stock plunge wipes out Trump Media’s extraordinary market gains
Shares in Trump Media & Technology Group (TMTG ), owner of Truth Social, closed below $17 on Wednesday, reversing all their gains since the company’…
This just now from The Guardian:
Former Republican Representative Liz Cheney on Wednesday said she would support Kamala Harris for president, ending weeks of speculation about how fully the member of a GOP dynasty-turned-Trump critic would embrace t…
DJT closed at $16.98 per share, down another 6% today, Wednesday Sept 4. It's obvious that Biden and the Democrats HAVE RIGGED THE STOCK MARKET TOO !!!!!
" turning the other cheek to one who has been totally disrespectful to many is getting very, very tiresome"
@Mark- and, we don't have a whole lot of cheeks to keep turning either.
Not necessarily. But why the surprise when other people emulate someone who would have us believe that he is a national leader? Who exactly is setting the tone here?
From that JD_co link:
At a news conference Thursday afternoon former President Donald Trump said he's "entitled" to insult Vice President Kamala Harris because he doesn't respect her.
"I think I am entitled to personal attacks. I do not have a lo…
@BaluBalu- You must have a very low bar if you read all of my posts! Anyway, thanks for your clarification on all of this... I understand where you're coming from.
Since we're making notes, let's also note that this post was not remotely Off-Topic until FD1000 chose to take it there. And also for the record, it's posters like FD1000 and Baseball_Fan who are the most frequent offenders in introducing overtly po…
@Observant1- Your dependence on "facts" is unfortunate, as facts are not recognized or appreciated by certain individuals. Generally, those individuals deal primarily in "alternate facts", which frequently present themselves as a subcategory of "lie…
@Mona- it's usually a good indicator of the value of someone's opinions when they don't know the difference between "effect" and "affect", and can't write a paragraph in reasonably coherent standard English. FD certainly shares those characteristics…
We have owned almost all of those seven American Funds over the many years we were building our pile, varying allocations depending on what was going on in the world economy. Did just fine for us- very stable. I always did like the committee approac…
No problems linking Schwab to JPMC- in fact we have automatic transfers twice a month from JPMC to Schwab. Our SS & pensions are auto-deposited to JPMC checking, then auto-transferred to Schwab for deployment. This allows two potential sources f…
Well, we also started investing in our early 30's. If he's persistent he should be fine in 30 or 40 years. As John Templeton said: "The power of compounding..."
"But Barack Obama stole the show."
Not at all sure that I agree with that... I thought that Michelle Obama gave one of the most powerful speeches that I've ever had the pleasure to hear. Barack was very good, but...
"i don’t believe any report which claims to explain why the market does what it does."
Well, you can believe this report:
• If I buy something because I think that the market is going up, the market immediately goes down.
•If I sell something bec…
We also us JPMC as our primary bank- all of our SS and retirement income is channeled through them, and then automatically transferred to Schwab twice a month. Both JPMC and Schwab have offices one block away from our home, so dealing with either of…