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.
yeah, one of the robotics companies I worked made ones for HC to deliver meds up and down the floors of the hospital, including semiautonomously taking the elevators
the other made (among other bots) cool lightweight tracked mini-tank things to scu…
The NYTimes of 1874 had a writeup of a suit based on a courthouse lawyer's being called one, nothing mentioned other than derogatory meaning, a la ambulance-chaser. The Times today permits its regular use and not even law-related --- simply unscrupu…
You who have been in health crises probably unlike any of us seem prone to have been a fan of ACA. So what is going on?
>> It was known that under Obamacare that future rates would rise dramatically.
Compared with what? How do you think it…
https://itep.org/federal-tax-cuts-in-the-bush-obama-and-trump-years/
a new study out today
synopsis DLeonhardt NYT:
The top-earning 1 percent of households — those earning more than $607,000 a year — will pay a combined $111 billion less this yea…
bartab, wait, wait, are you not someone who has suffered and survived serious health crises?
Sorry, maybe I'm confusing you with another rightist poster here.
But if not, then wtf, dude. Seriously. Is libtard trolling / epater pleasure worth sho…
Well, the very worst frat boys on the very meanest panty raid never wind up harming and endangering (and in Putin's case approving the murders of) millions of others.
Ha, true; this wannabe slacker (not really, but aspiring) had his UAW (AFL-CIO) card and everything. Truck factory. I am impressed my father did what he did, including filling out the forms (usually typewriter), not just investing in the first place…
Oh, good for you to find that. Thanks.
Well, they all started in late fall 2008. A good time for anything to start, without question. But that means there was a healthy stretch of slightly variant asset allocation from the current state.
Making …
>> only one degree of freedom (the stock/bond ratio),
In their early days I do not believe (memory) they were as fixed and quite as formulaic on the 7 noncash classes as they are now, as I suspected then what you say and found the p/e to vary…
I guess, but their turnover is pretty high generally, I am told
just assumed merchant pricing is largely governed by sunk costs
not being a businessman of that type, not sure
not to say savings will be passed along in any case :)
dunno
we will learn some demographic and political-cultural things this fall and then the next few years
but those governing crises will all pale in comparison with the summer temps then
beach condos along northern siberia, toronto and glasgow wo…
I had one family member, whom I advised for free (talk about getting what you pay for), who ultimately decided upon $5k each into AOA, AOR, AOM, and AOK, rebalancing every few months (free, at ML). Now each account worth more, of course; this was a …
called betting the farm ....
https://www.nbcnews.com/business/economy/betting-farm-why-heartland-still-believes-trump-despite-plunging-prices-n886941
"We're getting tariffed to death," said Scott Ditter, a dairy farmer in Sheboygan Falls, Wisconsi…
msf has already pointed out the lack of advantages of the AO_ family when I noted their simplicity, but they too (AOA, AOR, AOM, AOK) address some of these concerns. Maybe. e.g., https://www.ishares.com/us/products/239756/
And I believe others have…
The willful inability to understand tariffs, how China is largely an assembler economy (with a lot of IP bad behavior), and how supply chains work internationally is crazy bad and will prove crazy destructive.
https://www.nytimes.com/2018/07/05/bu…
@VF, approaching retirement, iirc. I should check when I bailed out. I think the graph shows that what I wrote cannot be true (x30). Maybe I started w/ LOMMX somewhere near 1982 and then switched to CGMFX when it began, '97 or so.
>> Sorry you didn’t appreciate the piece. Makes me wonder if you even read or enjoy the New Yorker.
Been reading it, every word about, for ~55 years, have had friends and colleagues who work there; loyal and faithful subscriber.
>> …
@catch22
Yes, and thanks much for your recitation. (I am totally immersed in all of this, as I am writing a filmable novel of SFMoran's life, and welcome all inputs, which is so counterproductive to getting the thing done, as all historical-novel r…
In case you ever thought it was about cold hard econ and not the other values stuff:
http://www.latimes.com/nation/la-na-missouri-town-tariff-20180705-story.html
Stuff be heatin' up majorly; I think next week may see a serious US market drop
https://www.nytimes.com/2018/07/05/opinion/trade-war-trump-business-jobs.html
I always reinvested with him, and was insanely lucky to get out when I did, turning $5k into x30 or thereabouts, the luckiest event of my investing life. He is a milgrade nerd, not surprisingly, say friends who have seen him research.
http://archiv…
@hank
>> Maddow is tilted left. I hope no one thinks I view her program as completely “objective.”
So goes the automatic charge, but it makes me wonder how closely you read the article, as she's regularly labeled as this leftwing Jewish dyke…
Come on, Fox News survived and thrived because of its pandering and inflaming of already resentful, aggrieved, faux-outraged adult babies who think avenging their personal butthurt coupled with Woodstock payback is the most important thing in life, …
