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.
Support MFO
Donate through PayPal
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.
@msf, I was responding only to
>> Some funds still trade more than once a day
which seemed to have to do w Fido, and I found a statement that that was not so, but politely hedged my demurral, which one always has to do with you.
>> M…
haha, it is just that in systems it becomes so multivariate so quickly, and the physical rules interact in subtle ways (in addition to the clear ones), and always with the unforeseen and unintended consequences and interactions. I should add experie…
>> How does the fact that a tool is used in an engineering discipline built on physical rules make it an effective tool in a field (financial planning) that lacks a similar foundation?
Many engineering disciplines are more like financial pla…
Not finding that at the moment:
https://www.fidelity.com/learning-center/trading-investing/trading/trading-differences-mutual-funds-stocks-etfs
but perhaps hidden elsewhere ...
wow, do NOT be a short-termer
this is crippled thinking
managers need 3y min for us to assess their worth
if you cannot give them that, then do not invest
sometimes I think MFO members do not understand what mutual fund management is all about
this is smart
https://www.washingtonpost.com/opinions/the-dangerous-myth-we-still-believe-about-the-lehman-brothers-bust/2018/09/09/5a2f8a9c-b2bc-11e8-9a6a-565d92a3585d_story.html
>> blatant usurping of power. That is illegal, unconstitutional.
For sure you do not want a gov where underlings sabotage or even thwart top decisions, policy and otherwise.
Unless, unless, unless the circumstances are just beyond extraordi…
@OS, assumed you were not using it in any other than the legal / technical / governmental senses. In the marital and business and other casual senses, yeah, you could throw treason around a lot --- Shaq committed treason against the Magic, etc.
Th…
as one senator said, there are many dozens of people who could and would have written it
meanwhile:
https://www.theonion.com/the-onion-has-chosen-to-publish-an-anonymous-op-ed-fr-1828863178
@LB,
Absolutely right, the youth of 1968 and after had huge effects, on politics and foreign policy and domestic rights, and more, and ultimately it evidently turned out to be too much, or something, and it is that payback and 'ethic of total retal…
I don't know when he disavowed SDS, but of course he was not in any activist role, or not seriously and politically and publicly activist. I have not deeply delved his bio. I went to a couple SDS meetings at the U of R (we are talking >50y ago) a…
Meh. He has always fancied himself as being a good writer, since prep school, even with the usual self-depreciation of all self-styled 'good writers'; and yes about having the experience of same, although he has no solid or even real experience in h…
... a little scary to go from a confirmed diagnosis to a completed surgery in under 24 hours.
... until my own tissue starts healing over and around it. So far, so good.
Yeah, speed is how it goes --- when we are lucky! Modern medicine competence …
tnx, when I looked not closely at criteria I was thinking that I'd read Sherman had more than that invested, and I mistook DSEEX below-average fee level as applicable.
Manager tenure excludes it from the getgo.
like a latterday SDS meeting
I don't know how much political organizing you have done, or door-to-door canvassing, or even speaking up at town meeting, but part of making things widely sellable (apart from dealing gently / successfully with snoot, …
@DavidRMoran How successful does this sound to you?:
Around half of American households have no retirement accounts at all. No 401(k)s, no IRAs, nothing. You might think that’s because they’re all expecting pension income in retirement. In fact, ac…
>> original intention of providing ordinary Americans with a secure retirement
Was this intention language in the ERISA legislation?
Your understanding of 'no way' and 'atypical' is unlike mine.
But I would never say I am not or have not…
@LB
>> How successful have such tax deferred plans been at their original intention of providing ordinary Americans with a secure retirement?
Good grief, hugely successful is the answer, for me and for a great many people I know, also my par…
@BW,
>> What if the retired person is still not ready after that five year window?
The usual response is Well, tough.
As for 401k / trad ira caps, they already are hard, and too low, though not quite as you propose. Capping balances would…
I was just going to ask LB how he thinks tax-deferred savings should be handled, and the 5y window sounds like a good idea.
I wonder if there is a progressive case to be made for handling Roths differently, as there is and has been for the new SaL…
How exactly does this time become systemic? (serious question) It looks bad on paper and may be so for companies, but how does it spread or result in panics and overreactions?
onward, christian soldiers!
we have a license plate out here based on that last clause
I wonder why it has always been subsequently changed in the singing
Well, most of them I daresay do not include
I have read a fiery gospel writ in burnished rows of steel:
"As ye deal with my contemners, so with you my grace shall deal";
Let the Hero, born of woman, crush the serpent with his heel,
Since God is ma…
I know it was chosen by him and used for its service. The MJG-posted youtube video was a preposterous if not offensive thing to show, thoughtless, is what I was pointing out.
I have nothing to apologize for in any of this; nothing I posted was off…
As the recent bitcoin quip explained, 'imagine if keeping your car idling 24/7 produced solved sudokus you could trade for heroin'.
Detailed and precise ledger tracking, otoh, is the real deal, yes.
While dramatically (Let the Hero ... crush the serpent with his heel,) celebrating the defeat of traitors is always a fine idea in these times, McCain's greatgrandfather was a Mississippi plantation owner, so not a fit salute perhaps.
yes, what I was reading variously was nontrauma csf, and yes erosion or other forces
good outcomes withal, and hope this particular patch story turns out awesome
yeah, was just reading up on csf leakage and it looks like much or most of the time the outcomes are real good and the approaches known
hope that's the case here of course
>> All gov't workers are severely over-compensated already.
omg, what a stupid thing to write. Do you know a lot of public sector employees? Seriously? How ignorant.