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 want to be able to dip into it at will, that's all, using it like ML version of SPRXX, if I can
by 'dip into' I mean have it there over the summer when it is time to replenish checking cashflow
His truth, that is. This from someone who 'entirely understands CoL variations' ....
Maybe he does not have kids, at least not ones who work in the nonprofit sector.
'If you can't afford to live there ...' --- or maybe he does not know any cops …
love to be fingerwagged by someone ignorant, who clearly does not know how much housing costs in expensive places. Truth hurts, bwahaha. Oh, right, move elsewhere, or do 3-4h of commuting every day.
I have an awful lot of our retirement moneys handled by a guy who does not read the smartest economic thinking:
https://www.nytimes.com/2019/01/09/opinion/melting-snowballs-and-the-winter-of-debt.html
https://www.aeaweb.org/aea/2019conference/prog…
Too stupid to think ahead, or even know what to think ahead about:
http://nymag.com/intelligencer/2019/01/trump-shutdown-government-did-not-know.html
https://www.nytimes.com/2019/01/07/us/florida-government-shutdown-marianna.html
Amazing tagline …
@msf,
yeah, I am not thinking granularly enough, I suppose, or thinking about small degrees of risk reduction, sort of at the edges.
But I wrote what I wrote after charting TWEIX, GABSX, and OAKIX over various periods, long and short, since 1994. …
in 05 and ~11, my son did ungrad and, I think, mba research papers on apple, and each time implied purchasing, and each time I passed, because overpriced, you know
regret
(kind of like snowball once saying of tillinghast, 'every time I have sold, …
@davidrmoran Even though CAPE is better than other value oriented indexes, DSENX underperformed S&P 500 when market moved down. It was a test for me to verify DSENX preservation ability. I had to sell the fund completely when switched to preserv…
SP500 -4.75% w/ reinvestment, which is how everyone here should calc things, imo.
I am down 8-9% but that includes yearlong cashflow and part of a wedding party, so I have not parsed it properly.
It is striking to me that CAPE (down
@hmgodwin
That HuffPo thing is weak. So is it that you think these matters are zero-sum? The key thing is the value of imports. The very purpose of trade, someone once wrote.
A conservative take:
https://www.nytimes.com/2018/04/10/opinion/trump-…
>> The question is who suffers more when trade stops, Mexico or the US? The answer is easy: the US currently has a trade deficit with Mexico, so Mexico is benefitting through this arrangement while the US is not. So if trading stops until thin…
The macroeconomic footprint was driven by several factors. In the second year of the Donald Trump presidency, he delivered on some of his promises and started a trade war with China, although a temporary truce was reached lately. A positive for…
Last week I was emailing one of my old high school buddies and I was lamenting the timing of my retirement (Oct 1) . He told me he never trusted the market and had his money elsewhere. I didn't give it much thought until the market closed today . To…
@Derf
don't see any comment from her except quoting him, and I sure love his 'lathered in derp' locution
yes, almost everything looks oversold, and if I had any cash I would be buying bigtime, not only CAPE and ARKK but PCI and now PDI
@davfor, I was asking about your specific 'zombie companies' that would have significant impact (upon shakeout or no shakeout)
yes, corporate debt has been bruited for some time now
(figure GE's plight has been baked in for some time now)
>> DODIX is an intermediate term bond fund, A category I have never and won’t ever trade
uh, only sort of:
http://portfolios.morningstar.com/fund/summary?t=DODIX®ion=usa&culture=en_US
Core is what Lipper designates.
Whatever. I …
@Junkster
>> some including me moved on to bond funds instead of the more volatile equity sector funds, Fund Alarm and MFO were/ are forums for those who invest/trade in mutual funds.
Sure, but even when you look at, say, DODIX since winte…
>> I would be on suicide watch if I was down 4.6% YTD (or for that matter 1% or 2%).
So what are you in to keep you alive with 1% or 2% drops,
and more important why are you on any investment forum in the first place?
The $12 is for you…
being cramer, this is all moronspeak, given the ongoing fundamentals, but admin idiots have gasoline readily available today, from a beach in mexico:
https://www.marketwatch.com/story/treasury-departments-odd-attempt-to-reassure-investors-may-have-…
sure, by definition bad actors in a police state or otherwise with vast and unremitted powers, yes, lots can go bad and stay bad for a long time
this is not that
this is just a case (just, he said) of rightwingnut minority and its media setting po…
actually, many would argue the opposite, that bad actors do not have longterm or lasting effects on the general markets
of course, planetary destruction is something else ...
