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.
Hi Bee,
Sure. We had ours at Vanguard and used their Prime Money as the distribution center. I rebalanced mostly on a yearly basis and moved things at will within the overall account. This is why I still don't care much for vanguard. Simply y…
Howdy,
Correctomundo, Investor, thanks. 72t covers them all. Of the three choices - minimum, amortization or annuitization we chose the last as it provided the highest monthly payout.
rono
Howdy,
And here is the bigcharts version for 3 yeas.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?nosettings=1&symb=pcrdx&uf=0&type=1&size=2&sid=0&style=320&freq=1&enti…
Reply to @catch22:
Hi Mark,
Things are picking up around here also and I'd noticed it prior to the election. Not sure when and where the bottom occurred, but it seems to be in for now. Bldg Permits are up and folks had been remodeling all along…
Howdy,
The kid one one of 4 seats as a Township Trustee. Very small twsp and mostly agriculture (6K and 85%, resp.). I've been on the planning commission for 20 years, so it's not a great stretch.
peace,
rono
Howdy,
Guilty as charged. I was also touting down around $2 and asked for play suggestions. I ended up with FCG, GASFX and some FSNGX in wifey's Roth. And like OJ, nothing large and no oversized gains as of yet.
As the rally in ng continues,…
Hi Anna,
Thanks. Yea, the governing body at the township level is the Board of Trustees consisting of supervisor, clerk, treasurer and 4 trustees, in our case, elected at large. We're very small and don't really have any problems, but that's my …
Howdy folks,
Whelp, I can't think why I'd change my portfolio based upon the winner. Hell, I really don't see much difference between Obama and Bush Jr., so put me in the camp of 'both parties are about the same'.
The fiscal cliff is an event, …
Howdy,
NYC if filled with hard corps people and they'll snap back soonest. Otherwise, we'll sick Old Nick on them and he'll straighten them out. teehehe ;-)
rono
Howdy Master Ted,
Hope you're doing well.
Looks like Sandy was not as bad as feared and people took her seriously and prepared- and perhaps mitigated the damages.
I hope so and worry about those still in harms way.
take care,
peace,
rono
Howdy,
Thanks, Mo, this was great. Betty Page is the original pinup girl and still stands as the classic poster babe. Frankly, she never did anything for me, but I had Bridgette and Annette.
Some of the names were surprises, but understandible i…
Howdy main thread (had a bit of a trail there),
I'm still riding dividend payers big time via NCV (11.7%) tax deferred and NZW (5.2%) tax exempt with long held positions in my personal utes (CMS and DTE) and the play that I put on for natgas back w…
Howdy folks,
Old Jack is a senile old fart speaking from position.
As for the numbers, I agree with Anna that the books are not cooked . . . per se. Where there ARE cooked is in how they are reported and what is included - or not, and what form…
Howdy Master,
Price is probably the best out there. I consider Vanguard, Price and Fido to be the best of the large full service houses. I've been dealing with Price for about 20 years and they've always been user friendly and offered a nice sele…
Reply to @Maurice:
Hi Mo,
Hope you're doing well.
I agree with the others that much of QE3 is already priced into the market. However, as also stated, how long does this go on? Geez, my crystal ball is cloudy as usual, but they're monetizing…
Howdy investor.
As you could tell from the comments to your first link, the jury is still out. Everyone knows that the official gov't stats are rubbish. SS at least makes a quantifiable measure as to how much so. Simple fact is that if you use t…
Howdy,
Never, Ever, Ever fight the Fed. Even if you're right, feeling smug sucks when your opportunity costs are soaring and you're watching the train pass out of sight as you stand at the station.
As for Uncle Ben and QE3, QE4, QE...n, this is…
Reply to @STB65: '
Howdy,
Good points. I try to buy as local as possible and living in Michigan, extend that to my vehicles. It's a start.
As for education, I think you sell it short. More education is always better. Not necessarily cost/be…
Howdy,
Indeed, most of the jobs being created are service industry paying close to minimum wage. The nicer mfg jobs are history - the kind that paid $50K on up with benefits. Most of them are paying 25-30K or so these days with greatly reduced b…
Hi Anna,
I'm quasi-retired also and so have put much of my portfolio onto cruise control. feh. Better things to do I guess.
I'm afraid you're right on all counts. Washington will be deadlocked as they leap merrily off the fiscal cliff. Afterwa…
Howdy folks,
Actually, Uncle Ben made some interesting comments - huge issue is lack of aggregate demand (er, not enough folks buying widgits); credit not reaching main street; and that they were hoping that QE3 would improve the wealth effect - we…
Reply to @Shostakovich:
Actually, someone around here was stashing away rare and collectible watches. Get them with pm's and some bling and you're actually diversifying. I'll keep me old submariner bought on r&r in hongkong in '68 for $97…
Hi Shosh,
Sure. I like both natural resources and any other 'real assets' as a hedge against inflation. Keep in mind that what is referred to as price inflation is in reality currency deflation, or devaluation, if you will. Indeed, if you com…
Howdy,
I still love the untrue urban legend about Mr. Gorsky. It went that after landing on the moon Armstrong said in one of his broadcasts, 'Good luck, Mr. Gorsky'. Folks of course wondered who was Mr. G? A russian? Armstrong would never say …
Howdy folks,
Congrats Tom. Boulder is one of the finer places to live. Tough thing about so many wondeful places is that there are no jobs in paradise so you need to 'bring your own' income stream. That said . . . lucky dog.
rono
Howdy guys,
I think you're both correct. The author cites a lot of good reasons that no doubt impact the willingness, or lackthereof, of average citizens to invest. er, #6 is too far down the list.
The game is rigged. Period. Deal with it. …
Howdy Mark,
Geez, trying to avoid the Grand Ole Party in Tampa, you decide you'd rather go to Key West for a bloody hurricane.
Reminds me of a story of John Muir who during his time in the high sierra, was once up around 10K+ when a winter storm…
Hi Anna/Mark,
Yeah, so much of this has been talked about for years in the finers circles (yeah, FA resembles that remark). That said, I did hear one political commentator yesterday refer to the 'celebration of ignorance' being marked by so many t…
Howdy Mark,
Great choice. The Last Resort. Pace of life so slow it doesn't even move. Invented the late brunch under the Banyan tree. EVERY day you must head down to Mallory Dock for the sunset. Hundreds gather for a worldclass eyeball freefor…
Howdy,
Spot on discussion. I quit watching Kudlow years ago and can no longer stand Kernan in the morning. I think he's sucking up to Ruppert. I watch Bloomberg for business news and even then I can still remember Gary Smith saying that he nev…
Howdy,
I was amazed that yesterday on CNBC all they talked about was going back to paper trading. It's not the software, nor computers that are the problem . . . things happen. The problem is the lack of accountability for the people, companies a…
Howdy folks,
Great discussion. Some of you have run the numbers on what comes first and that's crucial. However, the nut is having as much diversity in your retirement as possible . . . so that you have both additional options AND resiliency. …
Hi folks,
We just went with Consumer Cellular and got their one and only smart offering - a Motorola Bravo. It's OK for cheapskates and the digitally challenged (like the kid). Gee, we only switched over this past May as our contract expired with…
Howdy campers,
Natural resources are a key part of any portfolio - say 7-10% or so. However, with most people this is pretty much a fixed allocation as trading them is murder. I still have a tendency to nibble around the edges with momentum play…
Hi Mo,
Hope you're doing well. Indeed, I agree. Way too much gov't involved in economic things. The limited resources the states have should be spent for education, protecting the environment and building infrastructure. You take care of these …
Howdy folks,
Geez, I'm a lifelong democrat (voting that is)that voted for Obama and I really can't see any difference between him and Georgie. I'm not kidding. And you've got the reli-nazis wanting to roll back the bill of rights and the magna ca…
Hi guys,
I'm holding and looking for opps to pick up physical bullion in small quantities. I've been pretty much established in my position for years and repeat that 'everyone should have some gold in their overall wealth portfolio. 3% on up, dep…
