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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.
Someone smart once said that the goal of investing is to pay as much taxes as possible (the reason will come to you).
>> what beats the S&P over time.
Thus far, a vehicle that algorithmically churns in that space.
@Josh, I am confused about why you own what you already own, and did not trace back to the soon house-purchase plan. Depending on horizon, if you want aggressive multisector bond, just split b/w PDI and PTY, though both are cefs trading at a premium…
67 as of May 08, so maybe a recent birthday, and 411.com says 76
interesting piece, talk about outperformance:
http://archive.fortune.com/2008/05/23/magazines/fortune/birger_americas_hottest_investor.fortune/index.htm
expat, Oh, no, I don't think your belief is silly or anything close, was just trying to think in generalities and extrapolate therefrom. Teamwork is often the path to success (that sounds like MJG), for sure. Single types are probably more hit / mis…
@expatsp
>> run by a single "great man" (prefer team-managed funds)
How do you think Tillinghast and Danoff and their vast teams should get categorized?
Also, Sequoia was a team, right?
I don't know that there's an answer. D&C may be…
Sold some PDI, pondering what to do with that cash. Sold some DSEEX to put into FRIFX. Some some PONDX also, ditto pondering. Doing some rebalancing in other words.
Second, European stocks are always cheaper than domestic stocks.
If the worry is that a US decline is overdue, they'll get even cheaper.
(Unless you're betting against the dollar, which really is gambling.)
So, so weak. You can do better than call others ('your kind', lol) uninformed. I'm glad to pay taxes and would pay more, sure. Not rich-enough bracket, though. I do pay some voluntarily, sure.
Who paid your service salary, anyway? Hmm, lemme think…
Thought you said you were a problem-solver. So ... pensions for all?
Do you have anything else genuinely thoughtful and realistic to say? It can be written in all caps, sure.
Looks like just hokum solutions in fact. But you got Ted's attention.
And to think that ACA was the conservative compromise, in origin and detail, emphasizing individual responsibility and all that. And now the death of principled conservatism.
And more on the double counting (savings AND revenue) and innumeracy:
http://nymag.com/daily/intelligencer/2017/05/trump-budget-director-denies-making-childish-math-error.html
Yet another rightwing fantasy ('just get a job') will meet reality:
https://www.nytimes.com/2017/05/24/upshot/why-work-requirement-became-a-theme-of-the-trump-budget.html
Mulvaney says it's from the viewpoint of the taxpayer, not those moochers!
Massive gov support for the (undeserving) rich, the rest can die.
This is comical:
http://nymag.com/daily/intelligencer/2017/05/trump-budget-based-on-usd2-trillion-math-e…
Savvy, tnx.
I knew it was a paid teaser / solicitation; I just meant his sense of premium, risk and rarity, which concurred with mine re PDI historically; I have been in it for a long time.
I shall investigate further per your guidances. Yes, equit…
Thanks and sorry, yes, I thought it must've been mentioned, but did not see it on a search.
Yeah, this is the whole deal, looks like. He is looking for feedback, btw.
@BenWP, I put in a large (for me) trade for DLEUX at Fido, thought I would simply eat the large fee, but then later in the day canceled it. Part of the walkback was reading yet another piece about no need for foreign funds. I also doublechecked whet…
