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.
News reports are mentioning Russian natural gas deliveries calculated as "MWh". In electrical energy transmission, one MWh is simply the power of one million watts for one hour.
I can't seem to find any information which describes how or why natura…
"The power of compounding is huge."
Yes, it surely is was, and that's one of the big reasons that my wife and I are retired with no real monetary concerns.
Where, in the last ten years or so, was a young investor supposed to do the same things tha…
One of our very first goals was to own our home so that we would never be at the mercy of a landlord. Another of our very first rules was never to buy anything on credit, other than the home mortgage. NEVER be in a position where others can make you…
Edmond observes that my comments regarding right-wing fondness for guns is out of order because "They have nothing to do with matters financial."
However, he allows himself quite a lot of slack in this thread in commenting on non-financial matters…
"a centralized government that is democratically elected by its citizens"
Well, there you go again. Edmond's bunch can't live with that. They have the freedom to have any kind of government that they want... to hell with everyone else.
I've been thinking about "statists" and their insufferable rules. Specifically, the "statists" who are responsible for providing us with MFO. There’s a prime example of those who just love to curtail our freedoms.
Because the great majority of MFO …
I wonder how many rapid-fire military assault weapons Edmond owns. We wouldn't want "statists" to deprive anyone of their freedom to use them any time they feel sufficiently aggrieved, would we?
Maybe a lot of people in our age cohort just can't (or don't want to) see much beyond their own back yards. What happens in the universe is totally beyond their control or area of responsibility.
After all, as Fox "news" commentators keep saying, …
And with the ongoing effort on the far right to split this nation into two permanently warring camps, take over the government by any means possible including subversion of the electoral, legal and governmental functions, and install a "strong man" …
Well, that NPR article did make a lot of sense from the viewpoint of investing. It's hardly a secret that there is major pressure against the continued use of fossil fuels. It's only rational for people to look elsewhere when allocating their invest…
Cassidy Hutchinson is an impressive and believable witness. Every single thing that she said rang absolutely true. Now let's watch as Trump and the Republican Party do their very best to totally destroy her life.
@mcq- I'm thinking that hank's suggestion is a good one. This "Off Topic" section of MFO really doesn't get much activity, and your post certainly involves investing. To transfer your post to the "Other Investing" section click on the little gear wh…
I dunno... seems to me that Thomas and Alito have never seen a gun restriction that they didn't hate. Must be something of a personal bias working there.
"These justices should be free of any prior obligation being lifetime appointees"
@hank- Well, one would certainly think that they would feel less pressure to hew to any particular "prior obligations". And that certainly has been true in the past- …
Here's the thing: the fellow that wrote that code designed it to call up various sites with specific addresses. If M* no longer maintains those sites at those addresses, and if (from what I gather from the ongoing negative commentary here) M* is app…
Hi Ben- That "array of names" that you refer to is an ancient piece of code that was incorporated into the very early versions of MFO. The fellow who built that hasn't been seen for a very long time now, and likely no longer monitors the MFO site.
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Also having been raised as a Catholic I really agree with that. I believe that religion may just be the most destructive single factor affecting human existence, now and throughout history.
Hey, guns for everyone! Maybe the Catholic church should update Baptism to include a free gun for every newborn. When they grow up and find that their family really didn't want them that will help even things out.
"there are few viable alternatives."
Well, the returns are not going to be great, but at least safety is guaranteed with the establishment of a CD ladder using CDs offered by FIDC insured banks. The concurrent "10-Year CDs @ 4%" thread discusses so…
We seem to be talking at cross-purposes to a degree. For example: Just today I bought a "brokered" CD through Schwab. The market is closed today, but the transaction will occur tomorrow, and my cash account at Schwab will be debited tomorrow. Howeve…
Well, Schwab (and Fido) are also docking us (the buyers) for the float when the money is taken from the account several days before the settlement/issue date. That is what @Derf was concerned about his CD purchase.
True enough. But if the money bein…
Well, if the CD issuing bank pays Schwab some amount for the service of the Schwab listing, then it's reasonable to believe that the interest amount being paid by the issuer will be very slightly less than if no service fee were involved. As a pract…
