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.
"These restrictions are the reasons that I suggest that I-Bonds be compared with 5-yr CDs (the best national rate is only 1.79%)"
From Schwab- New 5-yr issues:
Beal Bank USA NV 2.7% CD 04/14/2027
Synchrony Bank UT 2.7% CD 04/14/2027
Beal Bank …
@Ken- Thanks for the reality check. I've been trying to point this out here for a long time, but keep hearing about BS "official" statistics as a response. "Oh, but food is a 'volatile' statistic, so we don't count that."
@BenWP- I can understand the frustrations with your erratic USPS mail service. Fortunately for us, there's a corner pickup box one block away and the local PO is just a couple of blocks away. USPS service here is actually very good.
@yogibearbull- Thanks for your heavy-duty input to MFO. There's just a few of you guys who have the knowledge and experience to carry a lot of the real weight here. You all know who you are... thanks!
Regards- OJ
And here's some more interesting stuff:
Why Russian troops are using tree branches for camouflage in Ukraine
☞ Washington Post Article
It also should be a free link to non-subscribers.
@WABAC- Yes, I've noticed lately that many of the publications that we subscribe to have options to copy a "free link", not on all articles, but on some darned good ones. I'm guessing that they're hoping to entice new subscribers by offering free sa…
Thanks to both of you for the info. I just bought a 2 year @ 2.2 thanks to you guys. Maybe not great, but 1.5% better than the local banks. I'll be looking to build a ladder as things keep going up.
OJ
This article from The Washington Post contains a lot of interesting detail on the Russian supply and logistics problems. It should be a free link to non-subscribers.
"Some Russian military units suffering heavy losses in Ukraine have been forced to return to Belarus and Russia to resupply"
Not sure what any of that really means. Let's see now... I send my armor and tanks someplace, they are stalled by the defen…
There are extensive articles in last week's The Economist detailing the points that @sma3 is making. He is not exaggerating- the commodity supply situation is going to be a disaster on many fronts.
@Puddnhead- I'd have to agree with Sven regarding copying the complete text from any source that charges for it's material. I've posted excerpts from the Economist and other sources here from time to time, and I try to minimize the purloined conten…
@hank- Don't feel qualified to comment generally on sudden decompression, but I'd think that even with a rapid decompression the pilots would have had time to access the emergency oxygen masks. It's not unheard of for an engine to lose a rotor blade…
This just in from NPR-
BEIJING — The second "black box" from a China Eastern Boeing 737-800 was found Sunday, raising hopes that it might shed light on why the passenger plane nosedived into a remote mountainous area in southern China last week, ki…
"be careful at gas stations when they can be tampered easily."
Yes, for sure. This is why we NEVER use debit cards, except to obtain ATM cash when traveling, and then we only use a machine at a bank or other safe location. We don't want anyone havi…
@racqueteer- All I can tell you is that the speed test numbers come back shown as "Mbps", using two or three different speed test sites.
We are using AT&T "Uverse", which uses fiber to a point near our home, and then dumps the high-speed data …
@Puddnhead- Yes sir, the link works just fine, but we are subscribers to The Economist, so that may be a factor. The worrisome thing is that the "give this link" item on the page for this article says it is only for one viewer for a limited time, so…
Not really, in our area, but I've always suspected that most retail has "built-in" an extra charge, knowing that the great majority of people will be using credit. An exception is certain gas stations, such as the ARCO chain, which makes a point of …
@Crash- I'm just saying that your internet speed is at least ten times faster than ours, but I really don't know what the available range of speeds is, or what's considered fast or slow.
We don't have any large screen or high definition video equip…
"From your knowledge of aviation, does a 737 loosing power at cruise altitude have to plummet to the ground? Assuming they still have hydraulics and the structure is fully intact would it not be possible to maintain a degree of stable flight? "
Abs…
Back in the 70s I did very well with a number of individual bonds. I've never had the same experience with bond funds. Don't really care for them. I'm with Mike- give me a 4-5% CD rather than bond funds.
