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.
Thanks John,
Yeah, I've always loved Matthews. Wonderful family. I had my original IRA at Price at one time and was able to get really crazy with pm stocks back in the early days of the bull run in 2002 and 3. Geez, they'll trade pink sheets if …
Howdy folks,
Netflix blazed the trail in streaming content but while they've been providing incredibly bad customer service since the beginning, the rest of the world has carved out their own space in the streaming space AND they're providing good …
Oh, and the 2nd nurse from Dallas decided to fly to Cleveburg the night before she turned herself in as she was hooking up with her mom and SO to plan her wedding. The plane then had two more flights before it was decontaminated.
And damnit, I w…
Howdy campers,
Actually, in the case of WB and Tim Horton's, there is more to the story. Tim Horton's is Canadian and is more to them than McDonalds is here - it's a bloody national icon and the Canadian gov't wouldn't approve any buyout unless th…
Hi Doc, Mo,
Hope you and yours are both doing well.
These figures don't surprise me at all. Equities are always where the good gains lie. Collectibles, as they were, are more of a wealth preservation hedge.
I still go back to the elder Baron …
Howdy Professor,
First thing I did back in 10 with a wee bit of retirement savings was to buy a 17K hardwired generator. Still mulling a dish because of lacking internet alternatives to cable. Smartphones have bridged a lot of gaps. Eventually,…
Howdy,
Couple of things. First off, health care should not be for profit. Period. You should not have to die or lose a leg or your sight because you cannot afford the care. Rubbish. Obama care sucks because it doesn't go far enough. We need a…
Howdy folks,
Around here the economy is slowly picking up. Very slowly. Hell, banks are even starting to list some foreclosures. That said, unemployment is still a bitch ~ 23% per shadowstats. As mentioned, inflation is hitting where it really…
Thank you for all your concerns.
Excuse me for butting in but if you're running w/o insurance because with your health issues, you're uninsurable - if you can't run with ACA, consider borrowing much and taking credit life. Not suggesting you're a …
Wow. Take a couple of days off and the natives go nuts.
Three boards ago (the great grandfather of MFO), Gary Smith said he never watched the business channel with volume on. He just read the tape. Just watched Captain Price.
Kernan seems t…
Howdy,
It's been a bit nuts living around here with the sports success of the Spartans. Huge impact on the local economy - sports bars, shirts, etc. I've been fortunate in having started in 66 with the football team, returning twice to finish up…
thanks, Ted,
I'm a so/so sports fan, but it's hard to escape when your team is playing for the cheese. I was a freshman in 1966 with Bubba and Webster and the Notre Game 10/10 tie.
take care,
rono
Hi Dex,
I haven't bought a Gabelli fund since Couch Potato. I think there are other ways to cover this square.
Most gold mutual funds consist of gold mining stocks. You're better to buy a precious metals fund that also invests in silver and pla…
Maybe gold or cash given probs in ussr\ukrain.
Hi John,
I think everyone should have some cash right now but gold had been moving before the things got crazy in Russia.
How much of the action since the occupation . . .
peace,
rono
Howdy,
Still getting use to the software. Sorry.
I've got a couple of momentum plays in teeny tiny silver miners. Nose bleed stuff and really only talking giggle money but the leverage . . . ASM, HUSIF, MGN and SLTOF. These are again, a giggle …
Yeppers, it's going to be bloody huge, but very slippery for the next few years as things sort themselves out. Actually, it's good that the states are going at legalization in such a diverse way - 20 now legal for medical reasons but the various ru…
Hi Tony,
Not placing you but you need to know the secret password for Bob's site. er, I believe it's geezer . . . as in both of us.
http://customer.wcta.net/roberty/index.html and this is what a snagged for an address.
[email protected]
good luc…
Howdy,
Not me. I've got both income and pacific growth to cover the squares MACSX and MPACX. Good for me. It's long term stuff and china and asia are long term winners. Ignore the noise.
peace,
rono
Howdy Scott,
Hope you're doing well.
That the major banks have been dinking the gold market should come as no news to anyone with any powers of observation. Cripes, if you or I had the ability to move the market in our favor we would not hesita…
Hi Gingersnap,
Congratulations on having the wisdom and the ability to do this for your daughter.
The problem you'll face is that initially you'll have limited funds to invest and Vanguard and most other families have individual fund minimums. …
Others touched on it, but it's a Tesla play. SQM is the major producer of lithium for lithium batteries. Tesla announced they're going to start making their own at some sunny southern location (still shopping) where they can use solar and wind. I…
Howdy folks,
I love the idea of a form of currency that was outside of government central bank control. Geez, I have a percentage of my wealth bullion to this end. The BitCoin really sounds good on paper but we'll have to see how this MtGox issue…
Thanks, John,
This is pretty much the way I've always felt. Sounds good, but explain to me the value. I have little love for fiat currencies. Elected officials (present company excluded) cannot resist the ability to spend more than they receiv…
Good stuff, Professor,
Hope you're doing well. I'm playing the silver via the miners and still scaling in. I'd love to play nat gas, but I've never had much luck doing it directly. I opt to own the two major utes in my area - both pay a dividend…
I consider Rush a troll as is Ted Nugent. Geez, I could list them for a while.
Way back in the wild west days of the internet before WWW, we had to deal with trolls on the UseNetNewsGroups and Freenets. The only way you can deal with a troll is…
geez, lots of lovers and haters of this fund. I'm a lover. Owned it in all accounts for over 10 years. think of it like ballast. never gonna get you rich, never going to break your back.
and so it goes,
peace,
rono
Reply to @bee:
Wasn't aware of it, but not surprised. China has a huge demand for gold as does India. Until this past decade, it was illegal for Chinese to own gold. This pent up demand coupled with their new found entrepreneurial class seekin…
Howdy,
I've got a silver miner play on that's very exciting. I've been scaling into both ASM and MGN. I earlier grabbed some PAAS which actually pays 3.5% and ramped up my bare bones holding in SIL. Kept SLW as a sentimental favorite being my on…
Howdy,
Geez, the industry wrote the bill, it should benefit them. Until you see a one payer system, costs are going to go up on all fronts - health insurance, medical, hospitals, drugs - and there are no constraints, particularly out of Washington…
Cripes. It should be built and I'm a card carrying tree hugger. Build it with the ROW planted and maintained with native plants to serve as a wildlife corridor. Bond for regular maintenance.
Pipeline is the most efficient mode of transportatio…
Howdy,
Yeah, I've been watching it but I'm playing it with my two local utes. With the fracking and 'unlimited stateside supply' this is a very tricky play on the long side.
peace,
rono
Howdy folks,
Great video, professor. I concur with Shultz most of the time. He's created a great business and still maintained his connection with reality. I do NOT drink Starbucks coffee. They over roast the beans and the folks that do buy dri…
Howdy campers,
Geez, Mark, how cold IS it up there in Minnesota? ;-) teehehe
I'm pretty much with Anna these days although I've been posting with you folks for a few years now - pretty much from the beginning of FundAlarm.
I'd venture to sa…
Howdy folks,
I don't see how the new MyIRA can hurt particularly if it's something like cman suggested. However, some observations that need to be made. First, the vast majority of the target audience of this new retirement savings account cann…
Hi guys,
Hope you're doing well. The Bitcoin is starting to gain more acceptance but I agree with the author, it's not likely to replace or even challenge the dollar. What it does do is provide competition for the plastic cards using old technolo…
