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.
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…
Meaning what exactly?
1) An absolute pass, or
2) Hard to pass
(Sometimes your extremely short comments are worthy of the Delphic Oracle.)
Meaning what exactly?
1) An absolute pass, or
2) Hard to pass
(Sometimes your extremely short comments are wo…
Everyone of sense knows we have major problems with China. This is not how to deal with them. Chiefly the problems involve IP theft.
This is from a year ago; there is much since, largely similar so far as I can sense:
https://www.brookings.edu/bl…
@Lawlar,
The thing is, there is no stopping globalization, rightly or wrongly, alas and alack, and in any case, this is not the approach. There are lots of things to do, and lots of consensus about it as well, and this is not that. No one disputes…
What is truly important is not the bluster (LSummers counsels exhaling, or something like it).
https://www.washingtonpost.com/opinions/theres-a-revealing-puzzle-in-the-china-tariffs/2019/05/14/75df04de-7675-11e9-b3f5-5673edf2d127_story.html
... ev…
an illuminating devo viewpoint (hope this has not been posted prior, apologies if so):
https://spectrum.ieee.org/aerospace/aviation/how-the-boeing-737-max-disaster-looks-to-a-software-developer
>> Tariffs are simply federal taxes. ... paid by ... consumers, goes to Uncle Sam
well, this has been my understanding all along, thanks to the media, and no thanks to any official contrary (false) 'explanations'
Realistically speaking are their good alternatives to TurboTax and Quicken? I have to say, I have tried hard and have not found any. I'm suffering them both. It's like having access to just ONE insurance, electric utility, water utility, cable, etc.…
industry and state breakdown of impacts
https://www.axios.com/trump-china-trade-war-states-industries-most-affected-20b6008d-16c6-410e-974d-a31400f1d2aa.html
wilder
https://www.nytimes.com/2019/04/27/us/politics/trump-rally-green-bay.html
One of the most visible industries here [Wisconsin] is also in peril. Dairy farmers in the state known for its cheese are reeling from the president’s trade wars as o…
in the bear future.
best typo ever, or so I assume
I bought some PCI and, prematurely before the big drop, some DSENX. This is not going to be a big deal no matter what happens. Trade impacts, Trump tariffs, are ultimately pretty low even of the…
this dives deeper
https://rockinst.org/issue-areas/fiscal-analysis/balance-of-payments-portal/
NY state, the largest net contributor of all the states:
https://rockinst.org/issue-area/new-yorks-balance-of-payments-with-the-federal-government/
and …
The original PBS graphic had to do w '81-'17 growth.
Here are some attempts, still high-level, at breakdowns:
https://taxfoundation.org/which-states-rely-most-federal-aid-0
https://taxfoundation.org/states-rely-most-federal-aid/
with interesting…
The rest of the article, for example the SNAP graph, seems to me to make clear how inapplicable that historical origin story is now, of 'dollars ... in the form of contracts, projects, installations'.
Interesting that Ohio is a giver, wonder if st…
lots of parents
https://www.phrases.org.uk/meanings/it-aint-over-until-the-fat-lady-sings.html
the Kate one is by far weakest, as it says, on account of sense
no one mentions Groucho, I see
https://www.i-orp.com/bequest/extended.html does the calcs for you and winds up (at least my inputs) in the same 'combination' place as kitces, and has led me to do more 50-50 (+/-) than I would've been inclined to otherwise
sure looks like an uptick to me, and the wisest writers I read do not speak of any sudden drop / erasure but simply unlikelihood to have rise ahead, in other words flatter results more probable than anything else
'till the fat lady sings' is usuall…
CENSX and the work of Allan Fulkerson made for an interesting story for someone invested heavily with them for 20y or so starting early 1980s, as I was.
There are some history and background here:
https://www.sec.gov/Archives/edgar/containers/fix…
