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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.
yeah, this Davos stuff is getting a lot of play; look at (and drill down as interested) the last 30-40-50 exchanges here:
https://twitter.com/paulkrugman
I don't know what the future holds; it seems the odds of getting back to the spirit of grudgi…
of course this from a few months ago
https://www.forbes.com/sites/danalexander/2018/08/06/new-details-about-wilbur-rosss-businesses-point-to-pattern-of-grifting/#242224341c33
meh, of course I meant Merrill Lynch Pierce et alia, which goes back way far, as you doubtless know and which was as noted above agreed-acquired in famous Sept '08 and completed the next year.
https://en.wikipedia.org/wiki/Merrill_Lynch
That was …
all noted, tnx
The thing is, this was not ever supposed to be a 'brokerage attached to a bank', but the bfd result of a long-established independent brokerage marrying a big ol' bank, with all the joy-joy of each and both...
I forgot about CAPE no…
Yup, they are oddly unsophisticated, and in important ways, I think.
If ML were not hardwired w/ BoA (where we have checking / savings / mortgage / heloc / 3% credit card sort of), and above all did not have free trading, and did not pay so much f…
@hank,
You do know that this is one of the alltime deft irony-laden audience-manipulating notice-giving orations (audiences are the plebes and the assassins). The repetition of 'honorable man' presages Puzo's writing for the Godfather.
Of course I did, and do. And over the entire last 90min-plus, moment to moment and finally at the end of the session, the google data for djia was 150-250 points higher than reality. Period. Thought it was weird, and in my experience unique (online …
Attention to detail please! The Dow was never up anywhere near 499 points today, You got the close right at 24706.35 but the +499 points is from the Wednesday close.
Right. So why was the djia data feed for google combining two days? It says it's…
Boy, 40% sure is a lot. While maybe now is the time, I myself tend to think along Waggoner's lines:
https://www.investmentnews.com/article/20180601/FREE/180609992/international-funds-continue-to-disappoint
https://www.investmentnews.com/article/20…
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…
