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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.
I don't see non-LI contact info there and iirc he had retired from all such activity a few years back
all I was thinking is that he would know to refer the querier to someone competent
but yes, I would think vang would be able to help out just f…
There was a wonderful guy here on this site who did exactly this (in Ohio), I will poke around and see if I can recall or find out who, and whether still active even a little bit.
NYT may be subpar, but see if the complexity and opacity are clarified here:
https://www.marketwatch.com/story/these-are-the-hidden-dangers-lurking-inside-spacs-that-can-hurt-you-11614267559
some weeds (already partly delved)
https://www.fidelity.com/learning-center/investment-products/closed-end-funds/discounts-and-premiums
and
https://www.fidelity.com/learning-center/investment-products/closed-end-funds/relative-discounts-premiums
…
The whole thing w 'escape velocity' of tech companies = 'no stopping them', quite aside from the Trump support, religious devotion, Laffer influence, makes for a challenge for my moneys. Looking at etf Moon in lieu.
These, from a while ago, are fu…
@hank, I weep for these people.
I had a discussion with a proud recent college grad once, who told me he was about to head off to GS, to make a big salary in NY. I asked him if he divided his salary by 2 (to account for the fact that he would be w…
Does "printing money" affect inflation? Why, it simply must!
https://twitter.com/paulkrugman/status/1374381286530244614/photo/1
Still amazed at how many correspondents remain sure that printing money always causes inflation. It's like the gov deb…
Even an AEI! (also Bloomberg) guy, forget the Romers and Krugman, does not find Summers's take persuasive:
https://www.nytimes.com/2021/02/17/opinion/inflation-federal-reserve.html
Will be fun to see how it plays out, also not fun maybe.
JPond's two cents:
https://humbledollar.com/2021/03/blowing-bubbles/
A lot of this sounds like wishful thinking, imo,
also as if a certain self-awareness makes an important difference
('And though she feels as if she's in a play, she is anyway…
pkrug tweets today
A friend recently reminded me of this classic case of inflationista scare tactics during the Obama years; what we should have been getting ready for was unjustified inflation panic 1/
(this anent Get Ready for Inflation and High…
Have had three covid tests in the Boston suburbs, as have family members including a new mom and a nurse, and none of them was a deep plunge, all just your basic midpoint nares circular wipe.
contd
Concerns about debt did loom larger in economic analysis than they should have — partly, I think, because people didn't grasp the implications of r < g, partly out of partially unconscious deference to political fashion.
The truth is that…
for anyone interested in econ policy, here is krugman twitter thread today
There's been a fair bit of econotwittering about this J.W. Mason post on the American Rescue Plan and what it says about economic theory. I agree with a lot although not al…
>> With all respect to you and your wife what would the conversation been like if you lost half your net worth?
Since the way I do balanced funds was to go 2/3 DSEEX and 1/3 bond something or other, that would not have happened, but yes, gene…
@davidmoran in this economy... with the wealth of investment choices... Why.... “have a lot of money earning zero too”?
That’s not criticism ... I’m trying to learn what I don’t know. I’m looking out for a family member and asking the same questi…
dunno
I still have a lot in bond etfs, am not about to bail at a loss, until necessary
have a lot of money earning zero too
but these inflation headlines and smart articles and even threads are bunk-tending, I am thinking
and at the same tim…
OJ, yes, I did, and should have pointed to them as well; assumed any reader would see.
V sorry to hear of your experience. When was that?
Many articles have detailed how ventilation and especially filtration are studied and greatly improved under…
20 cents a gallon in 1921 is the equivalent of $2.94 today (CPI).
Basically gasoline cost the same then as it does now.
yup, and if you shopped around a gallon of gas stayed at that level (and lower than that with inflation) for the next 4-5 decad…
I think Tillinghast must have great PR people - he has been flamed out.
https://stockcharts.com/freecharts/perf.php?FLPSX,IVOO,vo
uh, perhaps you have not kept up; compare FLPSX vs VOE and MCV index 1-2-3-4-5y
(not sure those are the fairest comp…
I am all for skepticism but ETFs are so long-established and comparatively transparent (ARK notably) that comfort level does not really enter into it, except maybe for those who hated to move from tie shoes and try the daring, newfangled loafer thin…
>> the Fidelity offerings are new and some folks are just more comfortable with mutual funds v. ETF's. ... I guess it all depends on what an investor is most comfortable with and where one thinks they see opportunity.
I don't know about eit…
The question is how did followers get from Mother Teresa to here, to rationalizing their pursuit of extraordinary wealth as a divine vocation? I don't think it says anywhere in the bible that Amazon shall inherit the earth.
Har, you have not kept u…
If she does not need the money you might gently suggest something not too conservative for the decades ahead, like FPURX or one of the much later-dated Fido Asset Manager vehicles? JABAX is good, sure, also VALIX or its cheaper class if enough $ inv…
Was reading other writeups on her career.
https://ark-invest.com/podcast/economics-trade-relations-and-innovation-recognizing-investment-potential-with-dr-art-laffer-and-cathie-wood/
https://www.afr.com/markets/equity-markets/tesla-bull-warns-bid…
