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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.
Most years, my (private) pension fund likes to boast about how well its investments are doing. And most years, we get a lousy 2% raise.
uh
wtf is lousy about a 2% raise?
stomachturning to read now:
https://www.barrons.com/articles/SB989019667829349012
the author this week calls him a 'financial serial killer'
https://www.vanityfair.com/news/2021/04/bernie-madoffs-success-the-great-villain-of-the-financial-crisis…
So how is this different from the recent past of (s)low inflation? What does 'the rise will still be stuck to their lives'? mean (not an economist). There will always be some inflation; you do not at all want none, I read, right?
@JonGaltIII
I worry about a 1970's style period of inflation. ...
https://www.whitehouse.gov/briefing-room/blog/2021/04/12/pandemic-prices-assessing-inflation-in-the-months-and-years-ahead/
FD1000 can write 10 words and I can make a fortune.
Sounds like you 2 should get your own (chat) room.
Sounds like you can't face reality. If you are interested in making money while achieving great risk-adjusted performance pay attention.
Nobo…
If you want to learn how to debate, then read msf.
If you want to learn how to trade, then read FD1000.
msf can write 10,000 words and I can't make a penny from them.
FD1000 can write 10 words and I can make a fortune.
you mean HE can make (alway…
har --- read the MFO discussions --- sober and well-reasoned warnings abound for month after month after month after month.
Studz must be shaking his head even more than the rest of us.
MFool articles about this, well, that hed of theirs must be…
yeah, the infrastructure initiative is hugely helpful to red states, so I suppose that will guarantee its stymying
a pity that potential redivision is not geographically neat anymore, if it ever was --- secede and be happy and best of luck, etc.
Some cold water --- a longer and broader historical view:
https://www.marketwatch.com/story/think-you-can-rely-on-the-4-rule-in-retirement-think-again-11617913126
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…
