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.
"It is a good chance that US is entering a recession"
Of course the SF Bay Area is more exposed to technological layoffs than most other areas, but I'm also seeing lots of layoff commentary on non-tech business such as DHL logistics, for example. S…
@Sven- Best YTM at Schwab now down to 4.7 on non-callable. I'm surprised- with the negative market reaction to the Fed's announced "continuing effort" I was expecting the rates on income instruments to remain closer to 5%.
Nice lemons- Meyer, from the looks of them. We have two Meyer lemon trees- they are really nice... not nearly as much acidity as the common Eureka type.
Yes, David Brooks is an honest observer. Having watched him on PBS Newshour for many many years I've noticed that ever since Trump he's seemed to lose some of his vivacity- kinda just become a bit more subdued, even sad, perhaps. He seems to be reco…
@yogibearbull- You're still making the mistake of taking me seriously. My (kinda part mideastern) wife usually has a container of hummus in the refrigerator. I'm with MikeM on this.
Wile she's eating her hummus on crackers I'm eating peanut butter…
Maybe a few of the people who bought those whatever-they-ares intend to leave them to their children. Maybe in fifty years Antiques Road Show will appraise them for twice what they cost. Allowing for inflation, at least they might break even.
Nah, the article had nothing to do with it. Look back at my original comment: "I'm... quite capable of using similar (or much worse) language myself."
I wasn't really offended by Crash's language- I just think that a little class actually helps ma…
@Observant1 says- Wow, I would not have guessed there would be so much drama regarding account aggregation! This wasn't a controversial investing topic like active vs. passive or domestic vs. foreign. ¯\_(ツ)_/¯For sure... me too. BTW, I just learne…
@davidrmoran- Yes, I really like Krugman's perspectives. He shows both sides (or all sides, when more than two) of an argument, and then explains why he prefers whatever his stated position may be. Very honest approach, I think. Probably worth quoti…
From LB's link:
“Having the strategies to know where and when it’s appropriate to swear, and when it’s not,” Jay said, “is a social cognitive skill like picking the right clothes for the right occasion. That’s a pretty sophisticated social tool.”
W…
@stayCalm- above, you said:
A hack of Yodlee is no different than a hack of LastPass.
Using stolen credentials the attacker can liquidate your portfolio and move money out of the brokerage account.
I guess that I'm unclear on the exact definition of…
@stayCalm- Definitely not wanting to engage in any hostilities, but I'm wondering about your comment regarding being a "pretty heavy user of PersCap". Is PersCap some sort of aggregation setup? And if it is, do you think that the hacking risk is acc…
OK, we seem to be saying that an aggregator such as Yodlee just adds another window of opportunity for a hacker. But couldn't a hacker do pretty much the same thing at any on-line bank, mutual fund or broker? After all, all of those place have our c…
Probably I'm not understanding this correctly. I have an IRA, with required distributions. Those distributions of course are taxed. Lets assume that the tax due is $1000.
If I were to sell an asset and take a $1000 loss, would that loss offset the …
@Muggles208- It's got nothing to do with making a "mistake". There has been a deterioration as of late in the honoring of keeping non-financial commentary out of the financial forums. For instance, we are again seeing extremely partisan political co…
I'm certainly no prude, and am quite capable of using similar (or much worse) language myself. However it seems kind of crude and off-putting to be blasted in the face with a headline like this. Inside the post, no problem. In the headline: no class…
I've long thought that the line between investing and gambling was pretty faint much of the time ("I'll put 5k on 'growth'... no, wait... make that 'value' "), but the whole Crypto thing seems to me to be unmistakably Vegas, and also seems to be inf…
@davidrmoran- Well, Yodlee is just one of the "aggregators", and stayCalm was referring, in a way, to the explanation that I made above. If you are using a downloaded financial app that involves an aggregator, a hacker could presumably go directly t…
OK, so I've been poking around on the net, and it seems as if there are two related but different ways that we can interface with a financial aggregator. The first is by downloading and using a financial app, of which there are evidently a fair numb…
"Why is there not more noise about him influencing mid term elections with his millions stolen money donationt to the dems?" (sic)
Not quite as one-sided as Baseball_Fan would have us believe.
This, from The Street, on MSN:
He consequently contrib…
I wouldn't worry about the Boeing- they'll be around for quite a while yet. They just got a huge order from United Airlines: 100 new 787 Dreamliners, with an option for 100 additional 787s.
097023AM7 isn't callable, either. Should be fine.. however…
