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.
>> Greece should at least take on some changes to reduce their debt
I have already posted many links showing that this has been the case, so suggest further study of the actual facts
>> the fact that Greece has a significant shadow ec…
>> If it involves a US bailout,
? Who says anything about that? Let the troika who helped create it handle it. It's not that large in the scheme of things. They have already done all the austerity feasible, and economically it is and has bee…
My 120k debt is at ~3.6% fixed and I can do better than that not paying that amount off but investing it. If I could refi at 40y (age 68), I would do so. It all comes down to sleep-at-night factor, that's all, hardly worth discussing in other, absol…
>> it turned out that the phone rep wasn’t a registered broker so he wouldn’t have been able to help me if I wanted to transfer securities
Huh? Phone reps never are, in my decades of experience going back to whoever I used before Paine Webbe…
I have half at Fido, no complaints, exemplary c/s, and half at Merrill. I strongly recommend the latter outfit, since they offer zero-commission trading (30 a month) if you have 25k in cash at BoA or at ML, including CDs. Otherwise commissions are $…
[reposted]
No, accepting austerity conditions, whatever they are, will not have any efficacy, and did not in the past. You absolutely cannot 'austere' your way here to economic improvement or economic health.
Wolfgang Munchau today in FT:
If you …
Accepting the conditions, whatever they are, will not have any efficacy. You cannot 'austere' (if that is what is meant) your way here to economic improvement or health.
Wolfgang Munchau in FT:
If you have been unemployed for five years, with no p…
Thanks much; quite as I thought, comically. I had assumed there was something new here since Burns was writing about it. But it's the same old confidence fairy shit.
Maybe Paul should rerun the number at 20% flat and $100k exemption. Or something. …
Where does it say how much money this great new plan would raise, compared with the swampy situation we have now? Did I miss something? How do the outcomes score in terms of what $ we need to have to do the stuff we do?
I also would like to know w…
They are almost all in some form of serious trouble --- great survey of the data here:
http://www.nytimes.com/2015/07/03/opinion/paul-krugman-europes-many-disasters.html
Not perfectly what you asked for, but perhaps of interest anyway:
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/02/the-legacy-of-the-bush-tax-cuts-in-four-charts/
DS,
Thanks v much for answering my query. You'd think the wikip page would be more substantial.
>> If they do regress, the stock market crashes. If they don't regress, the economy crashes ...
All righty then, that settles that.
>> Grantham argues that we’re heading for a massive stock market crash (something on the order of a 60% fall), ...
>> Grantham ... once again reiterated his belief that US stocks are 30 – 60% overvalued, still paying for overvaluation s…
>> simply was quoting from your article which I believe is generally true about the attitude of many Greek's toward work and leisure.
Ted, jeez, dude, you blew it, totally. I think you have kvetched about some here not reading fully or prope…
>> obviously there will be a lot of manager changes during that time.
Sure, except when there aren't (Tillinghast, Ahlsten, Yacks, those are the ones I know). Has TWEIX changed managers?
A useless piece, and worse, the more I think about i…
Sort of. These take the waay longer view than the last year. So I don't know.
But now I don't know how good any of this work is. I just checked out FDVLX, WWNPX, HFCSX, DEFIX, and RSPFX on Lipper, and for preservation most are 2s with a couple of 4…
Point taken about turnover, but I would much much rather have some smart former analyst kid spend two years doing that, picking individual stocks in a given area based on his and his team's researches, than trust myself to do it.
>> A new poll by the Kaiser Family Foundation shows that just 35 percent of voters support Obamacare, while 47 percent say they feel negatively about it.
Huh? That's not what the KFF site says.
Whatever. It's a great day for the health of r…
>> chances of reduced returns is exponentially increased.
While I agree about the inadvisability of having way too many funds, I wonder if this is mathematically true. I bet Charles and msf and a few others have the answer.
How long a chart? Tell us your time period, then we can discuss atypical.
Dictionary samples:
- the postal service delivered the package with atypical speed
- since that's an atypical response for an infant, you might want to have her hearing test…
You are not getting the point, facts-man. Think about it. Meaning datasets. What does it mean to insist that the last 3.5 decades of anything are or have been 'atypical'? Maybe if you are speaking of global temperatures. (For some, not.) But not thi…
>> The past 35 years have been decidedly atypical
I get your point, but this sentence is self-contradicting, whether for interest rates, inflation, various infections, batting averages, mpg, human height, anything.
As for the general Bogle …
What would some do with being able to blame leftism?
Meanwhile, this seems wise and farsighted, more about outcomes than about being right:
http://www.ft.com/cms/s/2/9c27c84c-1751-11e5-8201-cbdb03d71480.html#axzz3dhqV7YuA
+++
if paywalled:
Gree…
... why is [Greece] in fiscal crisis? Because the economy is deeply depressed.
Suppose that there were a way to end this depression. Then Greece’s fiscal problems would melt away, with no need for further cuts. But is there any way to do that?
The a…
JN,
I dove into this set of pages and am studying. Some very good stuff, but the presentation, self-looping, and guide clarity are awful rough, at least for me. I am persevering and doing the CoRI calcs. Thanks.
Oh, for idiot-resistant simplicity o…
This works in an incog browser session:
http://krugman.blogs.nytimes.com/2015/06/18/thinking-about-the-all-too-thinkable/?module=BlogPost-ReadMore&_r=0
... as [for] the persistence of the story line that it’s all about continuing Greek feckles…
Wow, what a handjob valentine that is.
fwiw, since its week-before-Halloween launch, it has beaten SCHD, RSP, RPG, RPV, SP500, but not FCNTX. Maybe another one to keep an eye on.
