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,
Hey, I hate Trump too, but we really don't have time for this crap right now. We have a problem. Same thing for Bernie - the revolution can wait - we have a problem named Trump to deal with first.
And so it goes
Peace and Flatte…
Howdy folks,
Love the comments, Derf. How many of these people eat their offspring?
As for the infrastructure pkg, it's a great idea. [When your dog does something good, you give him a treat because you want to encourage more good behavior].
…
Howdy folks,
Impossible to pick the bottom so why try. feh. If you see something that looks appealingly priced - buy a little. Wait and see what happens. Cripes, if it's a good company that has their act together, you can take a sort of DCA app…
Hi Crash,
Both PREMX and RPIBX were bought years back as part of an overall diversified allocation. I added PRSNX and back around the Ides of November when I was taking a couple of units out of equities. Wife and I are both at Price with our Rol…
Howdy folks,
Please note that this Captain had to leak his letter to the press because Washington was ignoring it, presumably because it's bad press.
And so it goes
Peace and Flatten the Curve
Rono
Howdy Mark,
Wife and I are both at Price with our rollover IRAs. I went this way months ago and have let it ride. My bad. My recent buys were at Matthews. Also, we all need to reevaluate our intl holdings. Listening to Ian Bremmer yesterday …
Howdy folks,
I'm of the school of 'owning a piece of the broom'. For years, I've tried to own companies that I did business with and that paid a dividend. Examples are my utilities such as CMS (2.8), DTE(4.2), T(7.0), VZ(4.7). And as a secret th…
Howdy folks
Shale oil high yield debt has been used to juice the return in all of our cash type investments.
With the oil price war going on it's actually worth more as toilet paper.
Peace and Flatten the Curve,
Rono
Howdy folks,
We're going to see in a brutal and heartbreaking way just how nonexistent our public health care system is. It's time for universal healthcare for all Americans.
And I don't want to hear the Socialism pleat from the healthcare fo…
Howdy folks,
Careful with the bailout darlings. They're skyrocketing but look at these industries in the post plague world. This is why no serious person would loan them a dime.
Leisure and travel will be depressed for decades. The boomers et…
Howdy folks,
In response to newgirl, I have already taken a tax loss in my taxable account and will use the $ to shop when things go on sale. Pick something you don't see yourself wanting to own after the plague and bank the tax loss. Cripes, y…
Howdy folks,
Be very careful with this market. Again, watch to see what works and what doesn't. Peter Lynch school of investing 101. Be patient.
We'll get thru this and Trump but it might take a while and it's probably going to be very rou…
A friend (former priest) asked what the law would say if a senior citizen shot or retaliated against a youngster for deliberately coughing on them as has been reported is happening to some folks in Germany. He was wondering if a judge would interpr…
Howdy folks,
Sort of an interesting way things are developing. Calls from the Trump foamers for Grannie to give herself up to save the economy. Calls from Trump to plan on churches everywhere filled on Easter.
I hope and pray all the Trump fo…
Howdy folks,
Geez, he's so easy to troll. The media needs to keep stepping up and asking him questions he can't answer. Bait that SOB. He'll continue to lose it on national TV and keep revealing himself for what he is.
And that should be Biden'…
Howdy Mark,
Nice article. Glad the President has us all going back to work in 13 days. We won't have to see the 500,000 dead Americans.
Flatten the Curve
and take care,
"keep your asses low and your flak jackets close"
rono
Howdy folks,
Look around you and see what's working. Don't fall for the head feint to the airlines, hotels, casinos, tourism, Trump Resorts, etc. Sounds like they might get their bailout but they can't get 'demand' from the gov't. Demand for the…
Howdy folks,
Great move. Hyperliquidity will keep businesses afloat and enable them to take care of their employees. Let the corporations borrow on the open market . . . those that can. Please note that some that can't are airlines, casinos, …
That's why he wants to bail out the hotels and casinos and airlines. He's looking for an exit from the resort business. Bailout my ass.
Hopefully, everyone in Washington will come down with the TrumpVirus and we can let God sort them out.
take c…
Howdy folks,
We'll get through this and we'll be stronger. My mother used to say, 'if it doesn't kill you, it'll make your stronger' and she worked at Oak Ridge during WWII.
I'm extremely pessimistic about our gov't in Washington. Sorry, but t…
Howdy folks,
The best suggestion was by a former Fed Gov that they should overly liquidize the system so that everyone could borrow available funds as needed. He thought bailing out individual industries was a terrible idea - where's it going to s…
Howdy folks,
You start buying just after you projectile vomit all over your screen.
Start window shopping now for the post virus world. Don't try to play the froth. Go after those that are winning in this nastiness.
Just my plan,
Rono
Howdy folks,
We'll get through this but plan on it getting ugly.
The service sector and hospitality and tourism will survive. They will be different. Less of a sit down restaurant and more takeout and delivered. Entertainment will be virtua…
Howdy folks,
Please realize that nothing will ever be paid back. Not one dime. What's worse is that it will not help nor save these industries. The airline, cruise lines, hotels, casinos and anything that smells like travel or tourism are dead.…
Howdy,
Come on people, you know that 90% of all politicians are corrupt before they are elected and 90% that aren't become so in their first term. That leaves 1% that are worth a shit.'
I hope and pray they ALL come down with the virus and let Go…
Hi Marks,
The House should demand for Absentee Ballots nationwide. Won't happen because the Republicans are such Nazi whores but we can hope for the states. We have it now in Michigan because we passed it by referendum.
Oh well,
rono
Howdy folks,
In Italy it's a fine for this, but if you have tested positive, they are arresting you and charging you with manslaughter.
For the youth who contracted it in China, it seems the souvenir is decreased lung capacity of 20 to 30%. The…
Howdy folks,
Bought some SLV and been buying physical for a couple of months. At this POG and POS, there is no supply available. Dealers are out at these prices. Now if you want to pay a huge premium and wait.
Flatten the Curve
Peace
Rono
Howdy folks,
They were talking about which retailers are in trouble but we can all take a guess. Brick and mortar stores with minimal online and delivery services . . . toast. That would lead with Sears and Penny's but I'd include Macy's and ever…
O
Howdy folks,
Is this a trick question? Just asking.
The answer (for those still in school) is Nothing.
There is no way you can react or adjust to an unknown unknowable. This is the penultimate black swan event. The only way to deal with it …
Howdy folks,
The $1000 is a great idea and example of demand side economics. The vast majority of Americans will have an MPC near 1.0. They will be forced to spend every dime. It will bubble up to support the economy via increased aggregate dem…
Hi John,
Wife talked to her SIL yesterday at Amelia island who was out with her friend. They went to a restaurant, hit the shops, got an ice cream. AYSM!!
And so it goes,
Peace
Rono
Howdy starchild
Sorry I offended your sensibilities.
For they record grasshopper, I'm not even slightly worried about me and mine, but I'm scared shitless about you and yours and all those 100s of millions people that don't have my resources a…
Howdy,
No, so long as you can sleep at night. If you can't sleep, keep moving to cash until you can. Nothing else really matters.
There are a few around here that can remember 1987. I was a relatively new investor with deferred comp and back th…
