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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.
When I was an English teacher, not that I ever really stopped, I told my students to always think of it like his and yours and ours and hers.
Of course then several of them starting doing it your's and her's and their's ....
Nice. Impressed you did not get into covariance.
About cash, all I was pointing out is that no one invests in cash. Actual investing practice. Some like to quip that cash is what you do not in vest in, by definition. Whatever. Not that everyone an…
What is the correlation b/w stocks and bonds, would you state?
Notice the qualifiers in your cites. 'Unreliably.' Which means what?
'could be expected to show no systematic, linear relationship' ... 'measurement used to convey the strength and dir…
" Asset prices from stocks to real estate have never been this expensive simultaneously."
https://www.nytimes.com/2017/09/14/opinion/trump-federal-reserve-markets.html
What is the (cor)relation b/w affordability and bubbleness? I guess the articles are saying they're the same, pretty much. I would have thought distinct.
@msf,
Yes, a real problem with such terms. If the value of diamonds always fell w/ rising stocks and bonds and land, it too would be correlated. But in journalistic (and financial adviser) idiom, rightly or wrongly, an uncorrelated asset is one tha…
>> if noncorrelated means losing money
When everything (stocks, bonds, REITs, and more) rises in synch in a bull market, then necessarily so.
I find that pretty perplexing.
Just 'diversified' today into DLEUX. (After a big runup, of cour…
Those weren't really the drivers of the bubble, though, were they?
Up-bidding and all that, hot market, too much money chasing too little stock. From my reading of history, recent and otherwise, it takes more than this. One of my kids just bought a …
The Koch point of course, absolutely, but as for your opening assertion, any number of managers, takeover people, LB types, consultants, and so on certainly do NOT believe in or practice
"take out all the cash from a company and raise prices”
as …
Now, that would have been some bet --- forget SPX, gimme $10M if a savvy-managed bond fund beats your group of hedge funds.
(PIMIX beat SPX by 50%!)
Ivascyn is an even bigger bfd than many already know. The last four bullish years (actually a bit…
@Maurice, agree, and it does not ultimately matter in outcome, you are correct, but your 'work with him' really does go the wrong direction, and has the wrong implications in terms of positions.
Several mates in Scotland are at the local bar. In the corner an old guy is passed out, face stuck to table. Presently he peels it off and stands and points his finger at one of the young men and says 'You, you, I know you, I shagged your mither.' T…
>> sure that George Soros and Hillary Clinton were as happy as one over the USSC ruling
Maurice is a master of bogus equivalence, but whatever could this silly assertion mean? Evidently you don't know what the Citizens United case was about. …
@rforno
>> the IRA contribution rules assume a person will always be at or greater than their present salary levels
Huh? I did not see that or think of it that way back when my on-staff salary was declining, nor when I was self-employed and …
Rightly or wrongly, we twice did large Roth conversions a long time ago, and paid a ton in taxes. It turns out to have been spectacularly beneficial, now and going forward, or seems to have. (Lifetime of chiefly bull markets.) Way down my TD list is…
No, I researched it, and knew about it already, which is why I think you mischaracterized it in your bald sentence about 'prevent a worker'. Whatever. I asked as neutrally as I could, so as not to set you off. 'Safely assume' all you wish; you don't…
One of the common bad investing ideas of all time, as well as a misquote
http://www.marketwatch.com/story/peter-lynch-25-years-later-its-not-just-invest-in-what-you-know-2015-12-28
If I invested only in what I know, I could not be retired, or even …
I was being facetious, but in the serious case, to keep incentive or at least the appearance thereof, you could do partial or graduated taxations at each end.
>> the Obama administration proposed in its budget to Congress to prevent a worker from making contributions to a 401k plan when the contributor had exceeded a cap.
Is 6 what you're talking about?
https://www.irahelp.com/slottreport/preside…
Not sure this is responsive, but if you bundle everything you hold using that yodlee engine offered at Fidelity (FullView) and ML (My Financial Picture), and I bet there is identical at other firms, you can easily see total change. If you make diffe…
All of the mfund prospectuses I have ever worked on, you have to include cash, though I don't know what the laws are (probably).
If you ever get tired of TRRIX, AOM is neck and neck with it, marginally outperforming the last few years.
yes, my badge and check said MV Ward Hill, iirc
What a wack movie to make even in 1959
Awesome music, hand-assembled I-beams, brickmasons
and that muxing explanation!
So white
Is there a point here about lack of competition?
Not a lot of kaizen u…
When I worked at Bell Labs at the WE plant in North Andover Mass. we were told it was or had been the lead manufacturing facility for Ma Bell, though I don't know that that meant most of these phone were made there, perhaps more switching hardware.
…
It cannot be done piecemeal year by year, alas. Businesses (and governments) need to plan; also Carrier hires 500 people in order ultimately to shut a plant down and relocated in another country (something like that, I think that is technically inac…
