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.
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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.
>> an American economy in recession, along with high unemployment,
cool
we are truly doomed this time, since neither of this is true, has been true, or is going to be true,
not remotely
JMarshall TPM:
Shit Gets Real
There’s a really stunning report out from the Journal last night. Corporate bonds at some of America’s top-rated companies are now trading at a yield discount to Treasuries. This isn’t quite the same as investors think…
A default will happen, the 14th will be invoked, emergency petition will be filed in SC and SC will validate the use of the 14th.
That should put a nail in the coffin of a debt ceiling law that conflicts with a constitutional amendment and return(r…
As msf posted a while ago, ML also offers Fidelity mm funds >4.6% (at the moment).
No sweep functions (meaning it takes a little planning to move your moneys about), but otherwise a fine thing to use and quite a departure from the past.
In re…
this influenced my decisionmaking 8y ago and I have not regretted it
https://www.usatoday.com/story/money/2015/01/16/investing-international-funds/21825245/
@sma3
You would think (meaning I would think) that anyone who reads Desmond would know not to overstate:
>> ... get into the weeds where all the savings is
>> The money savings in healthcare alone is astronomical
>> Private Equi…
@sma3
>> There are massive amounts of money that can be cut in the Federal budget,
So this means you took the WaPo cuts calculation quiz? Tell all, please.
@hondo,
>> Biden does not want any debt limit so that he can spend all he desires. There has to be a limit on the debt and a start to decrease it. ... The liberals have to be stopped at some point.
you believe such bunk and handle money ?
Have went up …
I see that most spending complainers here don’t really know what it is we actually spend on and how much and what we should be spending on and how we should be funding it, that is, the grunt details
Here, play:
https://www.washing…
call the bluff
https://www.nytimes.com/2023/05/08/opinion/joe-biden-kevin-mccarthy-debt-ceiling.html
and take undignified measures
https://www.nytimes.com/2023/05/04/opinion/biden-administration-debt-republican.html
Do they expect indigent nursing home Medicaid elderly to go out and get a job too?
They're trusting private equity firms to take care of that after they come up with suitable hooks, like:
"Empowering seniors!"
It's all described in the prospec…
npr historians:
It was in response to the concerns coming out of the Virginia ratification convention for the Constitution, led by Patrick Henry and George Mason, that a militia that was controlled solely by the federal government would not be ther…
Do they expect indigent nursing home Medicaid elderly to go out and get a job too?
They're trusting private equity firms to take care of that after they come up with suitable hooks, like:
"Empowering seniors!"
It's all described in the prospec…
/4
And:
A defendant in the case, who spoke on condition of anonymity, denies paying bribes—his firm paid Helsinge “consultancy fees”—but says that exchanging information on rival bids and tenders was “the way of doing business” in South America …
/3
In 2017, Snap Inc. went public by selling non-voting stock; only founders and insiders would get any votes at all. Investors complained, and also bought the stock, because they didn’t want to miss out on a hot initial public offering. (It’s down…
/2
I said above that the few hundred million dollars that Bed Bath raised by selling 622 million shares of stock since it started preparing for bankruptcy “was not enough” to solve its problems, but it’s actually a bit worse than that. Bed Bath’s b…
hope that anyone interested saw this earlier and similar stomach-turning MLevine writeup, "Money Stuff: Bed Bath Moves Into the Beyond" ...
somehow like an inverse of naked shorting
or something
\\\ Beyond bloodbath
On Jan. 20, Bed Bath &…
inertia and anticipation
https://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=116&emc=edit_pk_20230425&instance_id=91039&nl=paul-krugman&productCode=PK&regi_id=22268089&segment…
The brilliant Matt Levine
Outrageous, like the inverse of naked shorting
And voluntary
https://news.bloomberglaw.com/mergers-and-acquisitions/matt-levines-money-stuff-bed-bath-moves-into-the-beyond
all sorts of good news, with some clouds as well
https://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=116&emc=edit_pk_20230421&instance_id=90765&nl=paul-krugman&productCode=PK&regi_id=…
The Fund is currently invested in a total of 22 leading U.S. corporations. The Fund is a passively managed grantor trust registered with the SEC as a unit investment trust.
https://www.marketwatch.com/investing/fund/lexcx
a third of of the links i…
I was thinking of the nice F Asset Manager set, but have not kept up. I was thinking they were less rote and formulaic back when, but may well be mistaken
I concur in the take about distant-date Vang and Fidelity target funds.
As for TWEIX, yes and no. See
https://www.morningstar.com/funds/xnas/tweix/chart
Compare it since 1994 w/ DODGX, FXAIX, FCNTX, and FBGRX. Okay.
But who among us would hold…
Today is the 32nd anniversary of my purchase of DODGX. It was neck and neck with SPY up until the dot com bust. From then on, SPY never caught up. What happened the last 1-3-5-10-15-20 years doesn't make any difference.
Good for you.
I read some…
Thank you. This is extremely helpful news and I have been wondering about it (unable to find this detail at ML) ever since Fido began to offer actually usable MM funds.
I just put a thou into FIGXX in my ML brokerage account and it seems to have g…
