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.
The chief reason anyone writes about PRPFX is that 97-03 period. Before and after those six years, you do better (including the bumps he cites, almost) with something like GLRBX.
Concur in this Geico take, and especially so if willing not to need agent face time. Costco Ameriprise (probably also true if direct, not via Costco) is amazingly inexpensive, even moreso if you bundle house and liability umbrella. Two older drivers…
Why not a zillion would be its folly plus the backlash. Teslas to Those People. But the stimulus argument is centered on insufficient demand, and since we deal in our own money, thank the Lord, more demand would be good and would cure a whole bunch …
Infrastructure projects would've been awesomest, but not possible, and you know why.
Your thoughtful posts have little to do with wingnutism, seems to me. Your felt attacked?
http://www.businessinsider.com/paul-krugman-is-right-2013-4 gets into …
If you read the article closely, you see that the hed is, typically enticingly, misleading to a significant extent. There are good arguments to be made (and have been made) that QE should have been waaay more. And as for waste, whatever that could c…
For 45y I have heard the rule 2 is don't forget rule 1, yada, and no one has said How can I follow rule 1 scrupulously, seriously. Same for most of the other rules.
Huh? The mother's lesson has zero to do with logic or rightness or ability to deduce and conclude. It's about rudimentary etiquette and not namecalling.
OJ,
Touchy, are we? I can't tell if you're being pretend not-getting-it, or contrary, or what, but yeah, it was a stupid remark, and I thought so, and would be glad to say such. Your mom did teach you the diff b/w calling someone stupid and saying t…
Anna, unless you reasonably expect to die soonish, meaning short of the norm for 66yo female, delay as long as you can (ideally till 70) if you can afford to live till then using other resources. Study the graph here:
www.schwab.com/public/schwab/n…
Charging excessive PCness re this instance seems wack. I am all for sharpness and wit (attempted wit) alike, and assume my postings sometimes so reflect. But I would put it as OJ just did, rather than his first way, that's all.
I guess I have to g…
Oh, please, you are being disingenuous in asking such a rhetorical question. *You wrote that Tb personifies the dumbing-down of America.*
Period.
That's personal by anyone's definition.
Okay, I say you yourself are a rude moron (and probably u…
Don't disagree, but cops train all the time, good ones anyway, and I was thinking more of layman comfort and reliable operability with a revolver. As for shotgun, just sleep on the stock, come on.
What Jerry said. I am sure you know the stats about who most likely (by far) is injured or killed if you have anything along these lines in your house. So unasked advice would be not to do it.
That said, I would get a revolver, for reliability, 9mm…
Hey now, Tb has added to some of the discussions, as has MxB, so let us not banish anyone, please.
That said, the idea of serious spending on an agreed domestic 'common good' sure seems quaint these days. To put it most nicely. (More like many thin…
I would never deny SS or Medicare bens to the very wealthy just for reasons of perception, on the grounds of fairness/unfairness and the appearance of fairness. Bald redistribution is guaranteed to worsen things. Any way in this country these days t…
msf, yeah, I knew much of that; I meant welfare in the modern talk-radio sense, helping Those People.
Are you an academic, or historically minded attorney?
>> I don't agree with him, but I suppose the idea was to illustrate the futility of sitting here and arguing about it (or even having a civil conversation) when people who don't read his work or by extension don't agree with him are told to pi…
Scott, impute whatever to me as you wish, but my econ and policy mind is so generally and specifically ignorant that it could not possibly be made up.
As a working editor, though, I do know good argument and solid substantiation when I see them.
…
I knew that eventually, eventually someone would imply that citation of Krugman must mean something kneejerk or thoughtless or doctrinaire as to belief.
I am sure he must have been wrong at some point, but every time I read an article charging so,…
STB, anent printing money, see
http://www.themoneyillusion.com/?p=13112
http://krugman.blogs.nytimes.com/2013/02/04/money-wealth-and-models/
http://krugman.blogs.nytimes.com/2013/01/02/debt-in-a-time-of-zero/
the second is kind of wonkish
As an…
>> for the person that keeps providing suggested reading links, I could find just as many links to support my position.
no, no, not good ones. This is false equivalency and no way to argue the way to understanding.
>> And your assump…
BW,
Sugg reading the links provided above.
I and several others have pointed out that there are args that it is not doomed, not inefficient, not structurally unsound.
Your common sense may actually be quite unsophisticated and quite uninformed. …
Yes, sorry, number of funds. Spread / number of accnts does not matter. Think about what you wish to accomplish. Roths for the more aggressive, assuming they are tapped later. Trad or whatever other IRAs tapped earlier, hence less aggressive. See if…
Way way way too much. You are familiar with the notion that the more = indexing? What is it you are trying to do? Compare your total to VTI (may not have the right ETF for Vanguard all-everything), or/also AOA.
msf,
Thanks much for your scholarship and supple detail and understanding. I hope (trust) you read Krug faithfully, just to get the facts. And Forbes mistaken?? I sure hope you post a comment.
Shoes x-rayed at airports may ultimately be feelgood o…
Yeah, means testing is always kicked around, always a good idea, and people like Buffett advocate it strongly. Your 4th point might work something like EIC for low-income recips.
Fixing it is trivial, ultimately, and over the next decades the reall…
\\\ [Raising the retirement age] sounds plausible until you look at exactly who is living longer. The rise in life expectancy, it turns out, is overwhelmingly a story about affluent, well-educated Americans. Those with lower incomes and less educat…
