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.
Howdy Mark/all,
Whelp, I think most everything you noted is true. Without a doubt, the equity market is being inflated by all the QE$ - here and abroad. The CBs are dropping money from helicopters and there's not really any other place for it to …
Reply to @wsanders:
Yeah, the bond space is a vast wasteland. For that portion of our stuff, I'm staying away from anything from gov'ts other than extremely short term and Inflation protected. Intermediate Corps are fairly decent and you know wh…
mornin' Professor,
Hope you're having great holidays and that 2013 is the best ever.
As for your kind words, thanks, but it just goes to prove that occasionally, even a blind squirrel finds an acorn.
Actually, it goes back to Gary Smith and his…
Howdy all,
Whelp, they only raised the tax rate to 20%. At 39%, the world as we know it would have changed. In this case, I'm still all over good dividends.
As mentioned by Scott, everyone is chasing yield and where else are you going to find…
Reply to @Mark:
Thanks, mi amigo,
I've been morphing into this approach over the past few years but inadvertantly and without rhyme or reason. This will help.
BTW, they only pushed the tax rate to 20% instead of 39.
take care,
peace,
rono
Hi Mo,
Happy New Year. You're probably correct, but we've got other tax issues next year and need this particular help this year. They started taxing our pensions here this year and that confused things.
Take care,
rono
Hi bee,
Hope your holidays are great.
Thanks for the postie and you're spot on. The two issues are the reliability and validity of your metric (i.e. US$) and in this case, they both leave something to be desired. Who made the ruler and are why…
Howdy,
Great stuff. Thanks.
I've long been a fan of the serenity prayer which was posted on the wall at my dentists office when I was a boy.
God grant me the serenity
to accept the things I cannot change;
courage to change the things I can;
…
Howdy Max,
Wow. You've gotten great advice from the others. I just want to stress the marching order. First capture any and all possible employer match, then fully fund the Roth IRA - self and spousal, and THEN contribute additional $ to the 403…
Hi bee,
Thanks. This highlights the extent of breadth and depth of the demand for gold. In India you have a very strong cultural demand. Wedding jewelry/dowry, but girls are given gold on all occasions from birth. Historically, they kept this g…
Reply to @BobC:
Hi Bob,
Hope you're doing well.
You're spot on. The panic and fear are the weapon of the conservative media AND the east coast media. How about the birthers and those that keep calling Obama a muslim. Listen to talk radio and…
Howdy,
Good points about ratings. I haven't watched Kudlow in ten years and haven't been able to hack Kernan for quite some time. Bloomberg is much better and besides, Morning Joe is more entertaining.
Peace,
Rono
Howdy folks,
Yeay, I remember Gary saying some 10 years ago, that he always muted CNBC so he could focus on watching the tape. Didn't want to listen to any of the talking heads speaking from position.
However, what we need to keep in mind that…
Howdy folks,
The easier ways to hold paper gold is through a broad nat resourse fund or with a core holding like PRPFX. Toqueville TGLDX is a long time holding that's fairly tax efficient. Be damn careful with bullion ETFs as they get whacked a 2…
Howdy,
I haven't seen any change in the fundamentals regarding peeps wanting to eat, crops needing water, global warming, scarce resources getting scarcer. Don't get all silly on the nat gas and shale boom. It's buying some time, but doesn't chan…
Hi folks,
Wow. Is this all real? As for Petraeus, I don't care if he was having an affair. I just don't the head of the CIA to be so gd dumb as to get caught. Allen and 30K emails to this 4* groupie? He has to go. Mueller has to go and so do…
Howdy folks,
Love your thoughts. Shopping for bargains is always interesting but keep in mind some of the downside risks - going over the cliff. war in the middle east. QEnth. economy still in the toilet albeit showing some signs of life.
T…
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…
