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.
In this environment we can expect almost anything that you can imagine. Much better to just check reliable sources daily for what is happening rather than to rely on "expectations".
@Baseball_Fan- There is a major difference between responding to politcal attacks, and initiating same. I am in one corner, you are without a doubt in the other.
Russia and Ukraine: same thing, and you and Putin aren't fooling anybody.
@WABAC- You raise an interesting perspective- maybe it's me who's being lazy. It's only necessary to set up the XYZ/ABC account reporting linkage once, not each time you visit XYZ. Once set up, XYZ will automatically check with ABC every so often to…
@WABAC- It's not really the need for XYZ to know anything about ABC. It's more about the great convenience of going to XYZ and quickly getting a comprehensive overview of your financials by visiting just one site. This can be quite a convenience, be…
@Baseball_Fan- Speaking personally, I really do not appreciate your continuous introduction of contentious political perspective into otherwise financial matters.
MFO has an Off-Topic section for the type of commentary which you seem to prefer. It…
"There's risk in anything, anywhere. You either decide what level of risk is reasonably acceptable (and where) or you unplug from the world and go hide in a cave."
@rforno- Yes sir, that nicely summarizes my perspective also. However, since a heavy…
At the risk of saying something stupid (again) I believe that Schwab does indeed have an account aggregator, which I've used for a couple of years.
My "Accounts-Summary" page lists all securities held within Schwab of course, and on that page you …
Fusion breakthrough is a milestone for climate, clean energy
Hee are edited excerpts from a current report by Associated Press. It's important to note that this achievement does not involve so-called "cold fusion".
WASHINGTON (AP) — Scientists anno…
Trump probe subpoena served on Georgia secretary of state
Following are excerpts from a current Associated Press report:
ATLANTA (AP) — Georgia Secretary of State Brad Raffensperger has received a subpoena related to special counsel Jack Smith’s i…
@catch22- Well, I did think about that for a couple of minutes, but since my financial acumen is marginal at best I thought that the inspiration should come from someone who actually knows something about this stuff. So, without further delay, I her…
"there is no “risk-free” 6.6% return"
If you're alive there is always a risk that something may happen that causes you to not be. In that context there is no "risk-free" anything, any time. It's all a matter of degree and probability.
@hank- my wife, also a retired teacher (35 years in the SF Public School "system") is in complete agreement. On the brighter side, there will likely be a significant improvement in the quality of the work that teachers will have to evaluate. Maybe w…
And, some observations from another professional commentator. Here's excerpts from a column by John Naughton, in the Guardian:
Those who, like this columnist, spend too much time online will have noticed a kind of feeding frenzy over the past two we…
If you buy a CD directly from a bank and it fails, you will receive an insurance payment faster than you would if you purchased it through a broker. With brokered CDs, the FDIC must first obtain from the broker the name and deposit amount for each C…
Well aware. The present Chase branch that I referred to was previously... yes, of course- WaMu. That's how we wound up with Chase.
Can't fault the lobby- it's pretty much unchanged. But- yes, they are much more "corporate" than WaMu... and their a…
Same here. Some of you may recall that some months ago I had reached my limit of tolerance at the treatment received at JP Morgan Chase. The problem was that four retirement deposits are made each month to the Chase account. Getting government entit…
"Why do this now"
There's a body of political opinion suggesting that Sinema is concerned about being replaced by another Democrat in the next Arizona primary election, and that she is making a preemptive move to offset that possibility. Personally,…
And here are excerpts from an NPR article, edited for brevity:
The 747 transformed an industry, bringing luxurious amenities and lengthy nonstop flights to the masses — all in a design that was both enormous and elegant. But the reign of the mighty …
The 747 is a very solid piece of equipment. With proper maintenance, they will be around for quite a while yet. Their main problem is that newer aircraft, with only two or three engines, are a lot cheaper to run.
While my personal perspective is very much in empathy with the comments above, I would gently remind everyone that commentary such as this has, in the past, caused significant problems for the folks who maintain MFO.
As a result of past contention …
