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.
no, I had a CIS account not long after, and had left newspapering and then the public sector for high-tech, where I have largely been since
trying to remember which usenets I was in
I see I needed to have inserted widespread before tech abettin…
yeah, it sure sometimes seems a close call about tech abetting of helpful information and insight and news / policy discussion vs abetting of destructive stupidity and lies and such
as for inflation, I do remember in 1980-81 closing out a large 12…
yup
The two Globe reports, as you saw, are 40 years apart.
My first political protest as a grownup was for 1963 (talk about a bad year, christ) fair housing initiatives in my hometown in SW Ohio. (Parents were involved in the Urban League.) A pret…
@msf,
That is a typical NYT piece of racial analysis, probing, broad-brush, perhaps excessively conclusive, and 98% true, and therefore it is hardly worth qualifying with the observation that for some few families it actually was chiefly about t…
>> There are a number of other ways in which it is worse now including, but not limited to, the ubiquitous breadlines.
I sure disagree. Maybe it's from being 73. We have not had public murders. We do not have thousands of conscripted soldie…
Seeing it as a sort of thesis-antithesis-synthesis might be helpful, and if I could, I might take that tack, unhopefully though
otoh, I lived through '68-'74, and this is worse in only some ways (somewhat occult treason), and with no public murder…
stealing from countless before him
yeah, we are now an undisciplined country whinier by the day, eating those early marshmallows
https://www.newyorker.com/magazine/2017/05/15/we-could-have-been-canada
with our lingering horrific conflict herita…
yeah, the next year or two are going to be the very definition of interesting times
and tomorrow, w the spreading news that the top admin knew of russky bounties on US soldiers 15 mos ago, not last spring, likewise
cool
~$200k payment (average; sliding or weighted; means-tested of course) to each descendant of someone enslaved in this land (line clearly demonstrated), of which there are estimated to be 30-40M, would be $6-8T
We are already spending TRILLIONS directly, the money we don't have. Don't add value of loss of life, old people would have died anyway even with normal flu - sh*t happens. Lost productivity - you can see in negative GDP (healthcare will be positive…
>> because some people don't love me, maybe
The priceless (hopefully) parting false insight; you do not even or ever have to invoke the name Freud with this guy
he just forgot to bundle it
>> ' I am surrounded by Jesus's blood' crowd will come back to science when they see the progress.
but this is nonsense in any case
and the guy has already signaled his opposite sentiment anyway
Now, this may rile some, since the reward was inviting Putin to rejoin G7.
Anyone here know any vets? Dead vets? Or is a vet? Or finds this Confederacy-level treason?
Or indeed thinks this is some progtard fake news? FD1k? Anyone?
https://www.…
bootstrapping and second chances aside, if they can ever be aside, there is always this:
https://www.nytimes.com/2020/06/26/opinion/confederate-monuments-racism.html
lemme see now... if I live in a crummy neighborhood with low property values then the property tax collected for my local school district will also be,,, h'mmm... low and crummy?
that's a start, yup
another recent essay that might be of interest to the bootstraps advocates (and who isn't, ultimately?)
https://www.nytimes.com/2020/06/25/opinion/black-lives-matter-corporations.html
of course everyone knows the LBJ quote, right?
understanding systemic racism is often subtle, at least for me
one recent example is using property taxes to fund public education
think about that, for several minutes
yeah, OJ, the bootstraps arg is v v old and v v persuasive, and of course there is truth in it, as any schoolteacher knows, and as conservatives of color invariably trot out
it takes some undefensive sophistication to see that lazy or incompetent …
You do know that no one but the truly stupid claims it is ALL and ONLY about skin color. Everyone knows family and culture and therefore attitude play very large parts. You are splitting them from color, which is not how life and the real world work…
Also, a chart comparison between HELOC and Reverse Mortgages:
https://screencast.com/t/HeeBfE0glggj
This table is inaccurate in at least one respect in my long heloc experience:
Under Traditional Bank Heloc it says "Becomes balloon after 10 year …
@bee,
I am a longtime user of helocs and my current one is ~$300k @2.4% fixed, so of course I am considering taking 4/5 of it and sticking it into VONG :)
Anyway, I write to point out that, recessions and calls aside, helocs have expiration date…
see my post here (which has no comments) for more granularity
https://www.mutualfundobserver.com/discuss/discussion/56372/you-are-crazy-to-invest-in-bonds#latest
@FD1k,
Of course there is much to what you say, wisdom and otherwise; no one can dispute that. The question is what is the right thing to do for, to help, all of those very very many who are not as good as you? What color is your skin?
It is so sad to see a candidate like Biden with health issues. I wouldn't let him manage a small business with 10 employees. Why his family and friends don't tell him the truth?
And then there is Trump, regardless of what you think he will be el…
Again, again, why post this drivel?
This MIchael Lee guy does not know historical correlations of taxation and returns.
>> As controversial as President Trump is, market pros would contend that these types of moves upward in equities wouldn…
perhaps of interest; taken, though not verbatim, from email and docs making the rounds at GS
Subject: Some assorted market stats and anecdotes about what has happened in the last months
It has been a few months of records. They say a lot about the…
