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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
@bee
>> I just think individuals do a more effective job when it comes to caring for the needs of a community.
Got it. Thank goodness this view has been utterly repudiated for over a century!
@bee
>> I don't wish to fit into some box you choose to put me in.
Wait, so are you disowning what you wrote about trickling and noblesse oblige? How is taking you at your words fitting you into some box of my choice ? Ah, because of those …
@bee,
Completely flabbergasted to read your comments about both trickling and noblesse oblige, but I think what that chiefly must mean is that I have not been reading you carefully enough before now.
Here's a once and future wannabe farmer:
https…
And why does all this deeply matter to a crowd like us?
https://www.nytimes.com/2017/12/12/business/economy/tax-plan-standard-of-living.html
Students of the history of economic thought learn early on that taking money from the poor and the middle…
Weird! The reason I put the hed on this thread that I did was that Bernstein was pointing not to any of this sort of thing but to something quite other.
another good summary wrt to the markets and economy
https://www.washingtonpost.com/opinions/the-economy-is-on-a-sugar-high-and-tax-cuts-wont-help/2017/12/10/6d365950-dc51-11e7-b859-fb0995360725_story.html
Although the final tax situation and calcs have yet to be worked out, the invaluable ORP, https://www.i-orp.com/GOPtax/extended.html, has included them, and Welch will doubtless update as necessary. Not the calc @bee seeks, though.
I have not been in a Fido branch for some time, but one of my kids had to have some handholding for using her Fido Roth moneys as first-time homebuyer, and they were helpful and told her about the forms and what to expect when she filed her taxes. S…
oh, he is close to permabear (note 'buy gold / silver' at the bottom of his own site)
this may have been posted already but I did not see it, an extraordinary summary of risks real and imagined:
https://www.marketwatch.com/story/theres-overwhelmin…
wonderfully accurate use of the adjective 'actual'
https://www.washingtonpost.com/news/wonk/wp/2017/12/01/republicans-are-looking-for-proof-their-tax-cuts-will-pay-for-themselves-they-wont-find-it
In these vehicles $10k has gone to ~$42k and $26.5k since you bought, so yeah, take your equivalent of $7k or a bit more from Contra and put it into Pimco.
OR ...
It depends on your goals and discipline and tenets. Are you a strict (re)balancer?…
tonight's summary is actually more shocking than the previous:
https://www.washingtonpost.com/news/politics/wp/2017/12/01/as-the-senate-nears-a-vote-its-worth-remembering-how-far-from-the-norm-this-tax-reform-push-has-been
Interesting. If you graph CAPE $10k growth over 4/3/2/1y/ytd you could argue CAPE tracks JKF (meaning its wiggles) rather more closely than JKE --- except for the last year, when CAPE has moved more like JKE. Fwiw.
2017, huh. The last two are even higher than ML. I specifically asked them (special contacts in hnw group blah blah) at the start of last summer about moving all ML assets to Fidelity, and then asked about reward for not moving Fido assets to ML, an…
MM,
It was and is my thinking too, to an extent, but DLEUX has not done as well as hoped (he said to the fates). Its performance (which is effectively ytd) notably lags OAKIX and FOSFX (yes, they have nontrivial slugs elsewhere, esp Fido's). I am n…
>> As I've posted before, the fact that Fidelity does not currently have a cash offer on the table does not mean that it has not done so in the past or will not do so again in the future.
Cool. Not in the 45y I have been with them, I think, …
? Not quite following the misapprehension, but:
- Yes, I am saying that Fido says one cannot buy DODIX for other than a $75 TF.
- And yes, I am saying that Fido says one cannot buy BCOIX for other than a $50 TF, and moreover with a 25k min except f…
DODIX costs $75 to buy at Fido, with no DoubleLine-like way around it so far as I can see, which is a consideration for someone possibly not holding for the long run.
Yeah, I guess this is settled.
