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.
to god's ear
do you think warren-buttigieg can win? that does not sound so promising to me. young midwest mayor ...
it cannot be two women. did you read jcapehart's wapo family reunion piece (in SC, I think, maybe NC? I think everyone is AA, like …
It's from the end of 2013.
I find these articles fascinating and persuasive; David S and Ed S and their ilk have similarly written very persuasively about overvaluation. Also Bogle and Buffett and others, I think. The math sure is clear.
Since t…
@GREGT
If you come to think that a fund which automatically sells and value-buys within the SP500 world every month might be sort-of defensive (not like low-vol funds and ETFs, though), you will want to take a look at DSENX/DSEEX and the etn they a…
Monte Carlo University,maybe, not Python
Still savoring this recent member summary!
Thank God for Trump! Was dealt the worst hand possible by the Manchurian candidate Obama,and has been fought every step of the way by the corrupt deep state politi…
this is what I was trying to grok
https://q1medicare.com/q1group/MedicareAdvantagePartDQA/FAQ.php?faq=Can-I-use-a-Drug-Discount-card-with-my-Medicare-Advantage-plan-or-are-these-programs-excluded-from-people-with-Medicare-&faq_id=659&catego…
I am (surely incorrectly) inferring that people on Medicare have use these outboard discount plans, but they do not apply at all in that situation, is my understanding and experience? Does anyone here have an MC PDP and uses GoodRx, say?
more
https://www.newyorker.com/magazine/2016/01/25/new-koch
and
https://www.theonion.com/david-koch-pumps-billions-of-dollars-into-campaign-to-s-1837513455
I would have concurred last week in the first sentence from @kings53man, but this is sobering, about self-reinforcing trade stupidities:
https://www.dailykos.com/stories/2019/8/23/1880993/-The-Trump-presidency-may-well-have-entered-its-endgame-today
literally destructive:
https://www.nytimes.com/2019/08/23/opinion/sunday/david-koch-climate-change.html
I wonder how many here, attempting to accumulate wealth for selves and future, have grandchildren.
another interesting datapoint about lower SWR probabilities in a time of high p/e; from a place I do not know:
https://www.crestmontresearch.com/blog/excerpt/5/
(appears to conform with a kitces piece bee posted a year ago
https://finpage.blog/20…
I stick this here only because M* is so superior in its occasional investigative and/or analytical work by staff; I coulda slugged it Rekenthaler so good:
https://www.morningstar.com/articles/942232/how-to-lose-a-lawsuit
christ, what comedy, like saul on the road to damascus
as if this could not have happened prior, or even been imagined
'if'n you're that baby's daddy, where you been at??' (simpsons)
Any time I run into a snag at Fido, I call a rep (never had to wait on hold) and it's resolved. Only thing worth noting is that there are some issues the first rep you get may not know about; but normally if they don't, they find somebody who does, …
One thing about 3-peat is that the results change so much as a function of investing span. Naturally.
When I put in start date of 1982, which I guess is when I started doing serious active investing, or say I did, my results are rockin'.
When I …
Fwiw, I called your post to the attention of financial developer James Welch, who responded:
Interesting/amusing, [and] quite so. The idea is for ORP/MC to capture the idea of returns to be following trends.
Personally, I find 3-PEAT to be a bett…
@Hank,
>> Many are equally ... motivated by the highest ideals and patriotism.
not a chance of that, and I suspect that you know it, economically, which is all we are talking about now, and which directly bears on markets and hence on MFO
Nonsense --- with this guy, his fully uninformed direct (sometimes executive) actions wreak havoc with markets, and worse than just havoc. He can and should own it as appropriate. Wack ill-advised trade conflict and wack fed lobbying and wack ignori…
the problem with buying the dip, is that you don't know how low it will go.
One of the many things I like about DSE_X is the automatic monthly buying; god forbid I should do that sort of thing. Though I may try and do something tomorrow morning, …
think I'm gonna buy some QQQ tomorrow on margin unless a big pop at the opening
krug just now:
One small note of nonpanic over bond yields: the 10-year has fallen in half, but it's still a bit higher than it was in much of 2016, when it didn't pre…
@MikeM,
Serious query --- do you have a free source that does comparative graphing of mfunds (and thus far some ETFs) with all reinvestment? Meaning $10k growth.
Not seeing that the Lipper-Reuters new site (new to me) does comparisons.
Royce funds has been declining in performance for some time now. Long time ago I invested with them briefly but found Royce funds to be average (at best) as active managers. Today I use TRP mid- and small cap funds, but most of them are closed to …
M* is your friend:
MPinto has been at JABAX for like 14y. Quite unsung,
I have considered everything else, I believe, from preferreds to target dates and ETF blends and beyond, and zero interest in any of them on my part.
It is easy enough to di…
Roger, studying up is why I gave you those links, also that quote, which is quite in opposition to your timing tactic.
I have much liked (and in the past been invested in) JABAX for many many years, and yes Fido and ML are my only brokerages, and i…
@Sven, nobody knows quite how to value CEFs, it appears, if there even is a general rule.
PDI has been premiumed forever, large delta. PCI has swung to premium and on paper less attractive than when it was discounted. I just buy and reinvest every…
@Sven, fwiw, I am still buying PCI, not any longer PDI, and still reinvesting in FRIFX, not a bond fund, exactly, but you know.
What you say is true, and even w MINT it is possible to lose moneys (a little)
Huh. I am unsure about what to do as I wish to swap part of my large PONAX holding (dived the last month or more) for FTBFX (seriously risen during that time).
