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.
Jeez, such a false choice; the two were never mutually exclusive.
Anyway, this is a seriously weak, low-information way of understanding how the economic world works. Imagine a US economy where chiefly for our own market and use we produced oil, c…
@Edmond,
>> There is a reason why Americans' median income has not grown -- the free-traders, and open-border types have won the policy debate, they "won", they got everything they wanted from our 'For-sale' politicians. How has that worked o…
@msf,
Even though you did not answer my question as to whether this
http://www.nytimes.com/2015/10/11/us/politics/wealthy-families-presidential-candidates.html
addressed some of your questions, I call your attention to this, which I assume may be …
@catch22,
Considering buying VXX etn next week, depending. Short-term. Scary, but could stand some quick positive hits. Several smart articles however say longterm to short it. Hmm.
>> current occupant of the Oval Office took their accomplishment as his own.
Substantiate this, I challenge you. Give one quote where the president took their "accomplishment as his own". You cannot.
Is it as though any mention of the CiC …
Sorry, you spoke of the minor diffs, your quote, b/w Ds and Rs. ACA is aka Obamacare. It is the man's signature achievement, along with the assassination of bin Laden and the steering of the country post-08 and a great many other things. (Whether on…
@Dex,
>> the minor differences between the Rs and Ds really miss the big picture.
Man, oh man --- you really oughtta get out there and talk to unwealthy people about health insurance and ACA. Many of those people weep with relief.
BO rea…
>> The family data linked to in the NYTimes article did not give a breakdown of which families contributed to which party (and for some families, how much to each party).
?? --- http://www.nytimes.com/2015/10/11/us/politics/wealthy-families-p…
>> bribery of public officials and corruption of the political process. Yes the bribery and corruption is legal. ... Legislators and presidents make public policy decisions overwhelmingly based on money coming their way, or in expectation of …
@msf,
I took the article to be more about the people / families than the dollars and percentages and averages. Not hiding anything or trying to mislead. It's like pointing out Vanguard's success (sort of). Not a dollar breakdown; opensecrets and oth…
I was wondering if this recommended guy had a conclusion or conclusions of any sort, any kind of actionable text for us readers.
Since the site is impossible to work with, I simply went to
http://thepatternsite.com/Blog.html#P12
Here are some…
No one disputes the content of the point, just the wording 'roughly 47% accuracy score. ... less than the infamous dart throwing monkey would achieve.'
A hopefully not too subtle example:
Some of the very first shipments of CD players in the early…
DS,
Thanks. Waggoner did go back 25y (though not analyzing discrete years), and there was followup too that might be of interest:
http://www.usatoday.com/story/money/2015/02/27/investing-do-you-want-to-send-your-money-abroad/24077415/
Interesting…
I have no incomprehension here, dude. Tell all of us what your understanding is of the distribution of hits of any monkeys throwing darts, x number of times x number of monkeys. I am trying to figure out how you could possibly write that 47% accurac…
Amazing therefore that no one commented on Reeves 'foreguess' cites:
http://www.marketwatch.com/story/you-can-stop-panicking-about-the-stock-market-now-2015-10-08
So do all fund/etf comparison charts really need to show after-tax performance?
See
https://www.fidelity.com/learning-center/investment-products/etf/etfs-tax-efficiency
for confirmation.
@Dex,
Correct. It was not your own question.
OJ, as a longterm layout editor, I know filler (also pig latin). Do check out better modern ones (cupcakes, bacon, Pulp Fiction ....):
http://mashable.com/2013/07/11/lorem-ipsum/#ZcVH4Mit_qqy
>> or get from margin account
Yeah, I did not mention heloc, which is a good option to have at a low rate if you can get one.
Amazing the reactions in this thread to the simplest of questions (not mine). I myself would never ask the intrusi…
@soaring, I have had bad luck underwater the last 10 months with PDI, for the first or first few of which I did not reinvest, so it's tricky to figure against the standard growth-10k chart. Plus the discount to holdings. I will bail as soon as I get…
So to keep with the historical custom you cite, a better question would have been What percent of your total nut do you have in cash?
I was not expressing any opinion about privacy. It's not that I don't understand the issues. I was just surprised…
The question was how much in saving account. Period. No percentage. No nothin'. I don't want or need to know anything in this regard whatsoever. But few responded to it plainly, even though they chose to respond. No turnips involved. Lots of pols on…
Oh, no one feels that need; I get that. It is just that that (and only that) is the question here, so if one feels as so many do, why bother to respond at all?
l5b, no trash pickup (or sewerage) in our town; we pay for private pickup. Very well-paid teachers, though.
Interesting that almost nobody else answers the question and gives figures. Maybe I should delete mine.
x savings/checkings for a few months of bills, x cash in brokerage and ST bond, sounds okay except everything else is invested (chiefly equity funds, some bond and REIT funds) and sure would be better to let sit, also our annual runrate is above x …
Now, this is a stereotypical liberal kvetch, without offering any genuine feasible solutions. Wanh, okay, so what would Theroux propose? Is this better than the opposite?? Seriously. Should the rich piggies NOT do this?
Many of the comments are sm…
