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.
Support MFO
Donate through PayPal
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.
And from today, repeating the above total figure, lest anyone think Krugman is (again) a 'what, me worry?' about debt; also the ramifications of not doing the right things with the debt moneys:
While we're all (rightly) focused on the constitutiona…
This from 27y ago is pretty droll, about inequality (which is fundamentally related to debt and to taxation, as everyone knows who read this week's headlines about ultrarich low low low tax rates, or even those who did not):
https://www.bradford-de…
was curious what you would advocate or were advocating, was saying 'do go on'
am always curious, when you are brief
(I myself support way higher wealth taxes, loophole closures, and also DoD and select subsidy cuts, just for starters)
yes, correc…
@msf, you should go on in addition to driveby.
The Shiller quote was about the 1930s; note his actual tenses --- not that it does not partly apply today. See below.
This is not a 'What, me worry?' situation. Why I wrote 'chiefly'. Perhaps I shou…
@Crash
>> That gov't deficit is already beyond ridiculous.
Don't forget that this chiefly is money we owe ourselves, and matters when it crowds out investment, which is not happening yet, though of course it might eventually.
Now that there are some big down days, I would put in DSENX following one.
To play w nervy timing, however, I have been putting nontrivial (though not big) moneys into QQQ or similar on big slumps and then selling upon recovery; have done this thri…
Speaking of being at a loss for words, check it out further:
https://www.washingtonpost.com/opinions/2019/10/07/americas-greedy-unpatriotic-millionaires-billionaires/
I simply subscribe directly and auto-reup.
Digital only except for the paper Boston Globe, whose print run now is 100k or less.
Perhaps a dozen publications.
I suppose there are cheaper ways. But newspapers are suffering so, and this is such a…
@Mark was right !!!
https://www.washingtonpost.com/national-security/state-dept-intensifies-email-probe-of-hillary-clintons-former-aides/2019/09/28/9f15497e-e1f2-11e9-8dc8-498eabc129a0_story.html
shoot, I posted only after (I thought) I had checked for this. plus or minus one day and then plus or minus two days, both ends, just to see if it was actually date delta.
Obviously I did not register the results correctly. This is reassuring; tnx.
something funky going on, but I bet it is clearly explicable somewhere by someone
VTSMX $10k appreciation since last Dec 07, not so long ago:
M*: $11,110
SC: $11,368
Thanks. Takes a steadier mousing hand than I have to get to a particular day easily.
But the results are quite different! (Unless I am making a mistake.)
Stockchart shows performance since 4/25/2005 to date for JABAX of +208% (rounded up) and VW…
JABAX outperforms VWELX, OAKBX, FPURX, FPACX, and DODBX if you go back to the day Pinto walked in the Janus door, 14y and 5mos ago. It's a mysterious miracle of added value.
This is per M*; see below.
I am lost now in your sub-period cherrypicking, but for 5y/4y/3y/2y/1y/ytd and 3mos JABAX has either matched (else very very close) or outperformed both the value-oriented (and excellent) VWELX and the growth-oriented FPURX. I wonder why. Your 'anal…
Maybe.
Let us say mom or daughter, not just you or I, graphs M* $10k growth of VWELX, JABAX, and FPURX for 3 and 5 years.
(She did so because she read an article advising always to do that, not shorter terms.)
What does she see? Well, someone s…
hmm, M* from start of May 05 to date appears to show small but nontrivial outperformance the other way, $10k growing to $21,269 for VWELX vs $22,978 for JABAX. - ?
Yes, Janus (the company, too, TBailey's penchant, then JCraig) has usually, albeit s…
@Art,
It is a fork. You may be being swayed by recency, but recent conditions are telling and presumably lasting, sure.
It took me a long time to get my mind around leaving JABAX and the original Fido Asst Mgr (and several others, including FPACX…
meanwhile, some sense and math on ultra-wealth taxation
https://messaging-custom-newsletters.nytimes.com/template/oakv2?uri=nyt://newsletter/973b6c25-ebfb-4b70-88a3-eb304e970331
My guess - There's more room to the top side than the bottom!
I am coming to think the same. No upward explosiveness, probably, but fundamentals are too ongoingly consistent, and boomer greed abides (and returns elsewhere are so low), that I am not …
exactly
why I said 'not to be believed'
I hope FD1xxx sticks around and contributes data and informed experience here
but MFO yawn, come on, screw off, I say
the monthly columns are a lot more informative than a month of reading marketwatch and…
nothing like endless pissing on volunteer (huge) efforts, is there
and the photo he posted really shows strength
all interesting to me --- FD100nn has done solid work and solid posting
but check out not just that baby pic but also the other comme…
wrong about the fed, from a wrongheaded sense of emergency
https://www.nytimes.com/2019/09/12/opinion/trump-economy.html
plus comedy!
Trump thinks that federal debt is like a business loan, which you can pay down early to take advantage of lower …