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.
always sensible discussions that upon inspection can seem truly wack:
'The basic [bucket] idea is that you are putting a couple of years' worth of portfolio withdrawals in cash ... [and] ... like another eight years' worth of portfolio withdrawals…
... never thought about it in quite that way. That certainly explains why there are so few older people now alive compared to the historical past.
Ooh, you bad, to be droll in the face of paranoia.
(Very good.)
@BW,
>> All the while the rates of ... cancer ... creep ever northward.
Huh?
>> All of which is easily resolved by controlling insulin resistance.
How nice to think this.
You do know that this whole apocalyptic take is bad for he…
@Mark
>> When I dig up the can [20y later] to redeem the contents ... the $100 bar of gold will most likely buy me the same suit and loaf of bread it would have when I buried it.
Well, it looks like it depends on the period, as one would su…
>> 1979: Fidelity Investments drops the sales charges on many of its largest mutual funds, including Fidelity Fund, Magellan, and Puritan -- giving a huge boost to the direct purchase of no-load funds by retail investors.
Zweig cites "Fidelit…
The Times ran a piece partly walking back their assertion, and an ex-colleague of mine (Dan Kennedy) wrote a piece about that, and of course the "president" claimed as much all along, but then the NYT and WaPo have both reported later that actually …
>> [@msf] Buffett's [mix] implicitly suggests 2.5 years of "near cash". I'd be inclined to go a bit higher and/or use bonds as a second tier resource between cash and equity investments.
Yeah, this to me is key to withstanding (= usually ign…
@bartab,
MC of course is M*'s designation for FLPSX, also its benchmark, and has been as long as I am aware, I think (did not check).
By market cap I meant (the usual definition) the average size of the companies owned in the portfolio. It is an…
this, about reading comprehension (and laziness), is funny and damning
http://nymag.com/intelligencer/2019/05/robert-mueller-remarks-impeachment-obstruction-key-quotes-transcript-democrats.html
Doesn’t a person’s annual statement from Social Security tell you exactly what to expect based on your actual earning history?
yes, in my experience, having done this just a couple of years ago
Of course let us all bear in mind that Memorial Day is not Veterans Day; it is for honoring those killed in defense of country. Or it is now --- it began as a Civil War death commemoration, Decoration Day (flowers on graves, hence occurring in sprin…
just came across this; trying to figure out how long it might take to pay off (decades) ...
Africa has a population of 1.2 billion, with median age 18.
Europe has pop of 740 million, with median age 42.
Where would you invest?
In my experience of writing / editing numerous fund prospectuses and reports, I have found that this language, boilerplate ass-coverage and latitude-permitting, invariably comes from fund firm execs and chiefly firm lawyers, never from actual invest…
farmers have long been one of more protected and subsidized groups in the country
https://www.washingtonpost.com/opinions/2019/05/24/farmers-shouldnt-matter-more-than-rest-us/
ha, NYRB has been like that for 55y
New Yorker almost as bad, or good, depending on the book(s)
all v good at rehashing / summarizing in addition to commentary
>> Research shows that traumatic childhood experiences can shape people for the rest of their lives
I love completely self-evident journalism like this, just love it, beyond the duh principle
I would never advise an adolescent to go into a balanced fund, but JABAX is the one I always come back to when I do a deep dive into that world. No foreign to speak of, though (which is fine for someone who thinks foreign investing adds almost no va…
M* often features meh funds w/ meh records and meh reasons to acquire. You gotta have new articles.
As @Mark pointed out, there seems nearly zero reason really to favor this thing over TRP or Fido Blue Chip, or VOO or indeed DSENX.
some jingoism, maybe
https://www.washingtonpost.com/opinions/after-two-faulty-boeing-jets-crash-the-trump-administration-blames-foreign-pilots/2019/05/15/e940a692-774e-11e9-b3f5-5673edf2d127_story.html
Yes, that too, ty, but it is important to understand the evolving and challenging nature of comparative advantage, and first to understand comparative advantage in the first place, which is tricky, to fully assess all of these issues.
https://en.w…
