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 folks,
Better minds have outlined the details so I'll just summarize things. Buying an investment vehicle from an insurance company is like buying your golf clubs at McDonald's.
And wear the damn mask,
Roni
Howdy all,
oh and @Derf, I really wanted to post it on every one of the boards just to make sure all the peeps got it. Not everyone reads OT. I figured if I posted it on the FD board, it'd get throttled so I settled for OI Yeah, I cheated.
be…
Howdy folks,
Mark is correct about a semiautomatic weapon of any type. It reloads automatically after each shot but you have to pull the trigger each time to fire. Bumpstocks were a device to speed up the reloading process in order it enable a mo…
Howdy folks,
@Derf is right about proper posting. I am guilty as charged. As for 15 years? Hell, I don't know. I've been posting here as long as this board has existed because it sort of evolved out of at least two previous boards devoted to mu…
Howdy folks,
Whelp, it looks like Covid is here to stay. Annual shots. I said way back about 15 months ago, that eventually, we'd all probably catch it. I just wanted it to be later, rather than sooner so they could develop vaccines and therapeu…
Howdy folks,
Hell, I think the revolution has already begun. Alas. The anger among the have-nots if visible and justified. No hopes, no dreams. Sorry but I see us headed for a bloody revolution. Again. Sorry, I hope I'm wrong.
rono
Howdy,
Tough issue. Years ago, I ran restaurants for a few years. I liked Tall people. They could reach further and get further with less steps. @carew388 mentioned smokers. How about Delta charging their unvaccinated employees $200 per month…
Howdy folks,
Hi Mark, hope this finds you and yours safe and well. Happy holidays.
This doesn't surprise me a bit that there are small towns and townships that turned down the Eagle Shit. Many of their reasons are valid. There IS a lot paperwor…
Howdy all,
@hank is spot on. Most of the world is skewering the Fed. However, they are one of the principal culprits. Inflation will be with us for a longer period than transitory. Shadow stats has it using the pre-1980 methodology around 14%…
Howdy all,
Mr. Hank is spot on. Excess liquidity and no suitable option to equities. Inflation is getting away and the Fed is still playing with themselves. "anything happens. my fault, your fault, nobody's fault, the boy dies."
That said, I s…
Howdy Hank,
Apparently, they've used it on all pictures amassing a bloody huge database. Seems they decided that this wasn't a good idea considering the bent of various and sundry governments around the world. Too dangerous. Plus they can hear t…
Howdy,
Some Native Americans are complaining about the Braves Tomahawk chop and wooden tomahawks that they sell.
Rono puts on his way back hat to when Ted Turner owned them and they went to the series. They were bitching them also. At the hea…
Howdy folks,
Right now, the dems are imploding in DC proving the adage, that the democrats are stupid and the republicans are mean. Being a 3rd term elected republican, I take it further to state that most republicans are dirty old white men who a…
Howdy folks,
Huge consolidation and shake out in the industry. Most of our casinos in Michigan (Native American) have their own phone app. The tax revenues are obscene. Michigan has a 8.26% rake on every bet. This means that every state without…
Howdy folks,
You get to see Bad Wolf rono. Anyone that crossed the threshold of the Capitol should be taken out and shot enmasse. No trial, no judge, no jury. All their assets should be seized, their homes burnt to the ground and the earth unde…
Howdy folks,
The government statistics on inflation are rubbish and have been since they started 'adjusting' them in the 80s. Too many COLAs and other ties to the CPI. feh. It's called screwing the public and hiding the facts about the dollar. …
Howdy folks,
@Hank can't say I disagree with anything. Is the market highly valued? Yeppers. Overvalued? Define overvalued. It feels very stretched. Yeah, it's the only game in town and the whole world is cash flush. How can it not be overv…
Howdy folks,
I'm getting very tired of seeing help wanted signs. How about paying your people more money. And for those that say they can't afford it - you have a flawed business model and hopefully you'll go out of business.
Sorry, but bullshi…
Howdy folks,
Not quite yet. All these years and I'm still a fan of the House of Matthews. I've owned MPACX and MATFX and MCHFX for quite a while but scaled back when things got weird under Trump. Still don't know WTF they are up to but trust Ma…
Howdy all,
@BenWP I bought back in April at $231. It was the only way at the time to get some exposure to Bitcoin. Now we have the ETF . . . feh. Why? I'm still not seeing the value but know that COIN is making money on transactions.
take ca…
Howdy folks,
Responded earlier on my phone but the throttle monsters ate my postie.
Sorry about the typo. Indeed, my point is that Defined Contribution pensions can get pretty close to Defined Benefit pensions, IFF, there is a company match, ther…
Howdy folks,
Great discussion. Start with @msf and Ford raising his workers wages so they could afford to buy a Ford. Another classic was the GI Bill after WW2. It was simply a labor control device to slow the reentry of the GI's into the work f…
Howdy,
Had to chime in. I do NOT gamble with a phone app. I AM a long time casino gambler.
In Michigan, the state's take is 8.26%!!!! They are making an obscene amount of money. What this means from an investment perspective, is that ALL sta…
Howdy folks,
I'm pretty much with you folks. At 73, much of my portfolio is fairly static and conservative with some casino money for play. As a speculator, I'm a momentum investor. For those that aren't familiar, I look for trends that develop…
Howey folks,
I've said all along that eventually, we will ALL get Covid19. My hope and prayer was that they would develop vaccines and treatments . . . and they have. Merck's new pill is one of those and is great.
Granted it will encourage th…
Howdy folks,
The kid is selling. Sorry to be a downer but gee whiz folks, this is as frothy a market as I've ever seen or even heard of. BTD is akin to doubling down on your losing bet at the casino. Granted, I'm a momentum investor AND I have …
Howdy hank,
Hope you're doing well.
For those stackers that DCA, now is the time to be buying physical bullion while watching the premiums.
take care,
rono
Howdy folks,
Interesting discussion and most everything is spot on. Hank's and the others have been doing this for a long time.
Is golds still a hedge against inflation? That remains to be seen. The market is extremely manipulated not in a cons…
Hi folks
I've owned MCHFX, MATFX and MPACX since the beginning of the plague. Folks should invest their money where they are comfortable. However, my biggest losses have occurred when I let my emotions get in the way.
And, yes, I've been to C…
Howdy folks,
One day we'll look back on this eyewitness example of evolution, or survival of the fittest, taking place before our eyes. Unlike so many physical trials in the past, this is one of education, ignorance and stupidity - or the lackthe…
Hi Hank,
Hope this finds you well and safe.
Yeppers, most of the republican legislatures are doing everything possible to restrict the vote. I have NOT seen this new card nor heard of it. I'd be skeptical right now. I say that because I'm a t…
Howdy folks,
First of all, just to set the tone, I firmly believe that the vast majority of people seriously want to earn a living and support their families. That said, the current help wanted problem is a function of several factors, not just th…
Howdy folks,
First for brother Hank. Check around about masks. I see baseball players wearing them in the field, so there must be a way or type.
Inflation. It's been interesting to watch the supply disruptions due to Covid but also the changes …
