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.
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PRESSmUP
The last week has been good preparation for playoff pressures....nicely done Tito.
Yes, kind of ugly...not too surprising really since "risk off" rules for the moment.
This is a real opportunity...if you wanted to sift through the debris and place a wager on one or two. The urge for bigger pharma to acquire new compounds has not …
Hi Bee,
I went through this same thought process over the last few years as I transitioned into retirement in June of last year. The benefits of this bucket system should be clear given recent turbulence. It's nice to be sitting on a few years of e…
I didn't hear the phrase "Drill here, drill now" at the debate earlier this week. But I did hear someone on that same network blame the current administration for the over supply of oil and the resulting loss of oil service jobs.
I really did LOL w…
Hi Old_Skeet
A few weeks ago, a fairly well known smart guy on the TV spoke of possible support levels on the S&P. Seems like we blew through the first at 1968 and are on our way to test the next at 1862. If that doesn't hold...he spoke of 162…
While I normally don't try to read and interpret the tea leaves, one early trend line I do pay attention to as a general leading indicator for the health of the market is the DOW Transportation Index.
Not looking good over the past few weeks.
Thanks Ted...a nice start to the new year...and little5bee with that go blue nonsense is probably happy as well as that team up north destroyed Florida.
Happy New Year to you as well Ted.
Hi msf,
Per M*, "The fund sets a monthly dividend and attempts to stick with it for at least a year. Prudence demands that number be set lower than what the fund's holdings actually produce each month in order to avoid a shortfall, and there's usua…
This appeared to resemble 2011 in many ways on the equity side, as many solid dividend payers lead the way within my portfolio, as they did in 2011.
I tend to ignore the FANG stocks or anything resembling them....for me, they are simply traps.
I've held PONDX for the last 5 years, and in each year they've had multiple distributions during December. This is by design.
Is this year's occurrence of multiple distributions in December unique from prior years?
A $5 million bond? The bond should be raised the same level as Turing raised its pharma price. The judge should have said that it was $5 million last week...this week the bond is $255 million.
Thanks....FYI, I was up in Novi this past weekend for an unusually temperate visit with family. Nice area, with great restaurants and markets. I think you are generally familiar with the area....or at least that one school close by.
Thanks...I have some mad money in IRA and taxable, so depending on distributions this may be a good candidate for one or the other.
I suppose the caveat here, is that a lot of strategies work...until they don't.
press
Hi little5bee,
I noted this firm earlier from a comment of yours many months ago. Is this the specific fund you own? If yes, any hints that someone else may have "broken their code" to render their strategy moot? The tax efficiency on Morningstar m…
Funds like THESE, you HAVE to Time your Buys.
What you are suggesting is market timing. Works for some, not for me.
When you follow the advice of the fund manager who says to reduce your exposure to the fund and to stay away from small caps in the …
The Council on American-Islamic Relations (CAIR) received a package with white powder in its offices today, forcing evacuation. There was a note..."Die a painful death, Muslims".
Hate speech has consequences.
And unfortunately, that fomented bigotry and fervor sometimes boils over....such as the terrorist attack on the Planned Parenthood clinic.
I haven't heard a clamor to find out who radicalized that shooter. Perhaps it's because a committee or FBI i…
The GOP in my note meant the establishment Republican Party. A skimming of most news services will produce several articles describing the conflict I mentioned.
This is the frenetic xenophobia that Trump has tapped into, and which threatens the GOP.
The statements made by Trump and his followers are what the extremist fringe of the GOP may have believed, but only said out loud after 3 drinks. Trump is att…
On the positive side hawkmountain, I just found my tax loss candidate for the year. It may spike to the upper teens before the end of year, but who knows.
I was not impacted as you were on KMP, but at this point Richard Kinder is not to be trusted…
Thanks MJG and Ted for the remembrance.
Yes...many thanks.
And thanks to the men and women who responded admirably to this challenge. The scope and scale of this effort is one I can only barely begin to imagine.
press
I don't see a Christmas tree, or the words "Merry Christmas" anywhere on that ornament. Perhaps because they want their Jewish and Islamic NRA members to feel welcomed. But, I would have thought they would have learned from the Starbucks dust-up.
Nevertheless, Money, Kiplingers, U.S. News, and all the other mags will have their list of funds to buy NOW. It must sell magazines, but it is shoddy journalism.
Hi Bob....I have a soft spot for Kiplingers.
About 30 years ago, my dad bought me a s…
A large plurality of American Muslims prefer sharia law over our current Constitutional system:
http://www.breitbart.com/national-security/2015/06/24/shock-poll-51-of-american-muslims-want-sharia-25-okay-with-violence-against-americans/
I think…
I'm sure that the NRA and hate radio is glad that the terrorist attack on the Planned Parenthood clinic is off the front pages, and the focus returns to where it needs to be...on Muslims.
Holy crap...I'm posting an article from the NY Times ;) :
http://www.msn.com/en-us/news/world/how-a-conservative-led-australia-ended-mass-killings/ar-AAg1Gfh
I thought we were discussing the accessibility of assault weapons specifically. This dis…
That is the difference between our positions.
You say the terrorists are winning, and will win...and we must abandon certain Constitutional rights and privileges in order to combat them.
In reality, they aren't winning. Not by any stretch of the i…
As I said earlier to you...You cannot be serious. The terrorists "hate us for our freedoms" so we fight them by casting the tenets of our Constitution in the trash can? I was hoping that the Patriot Act would have been finally recognized as a surren…
Yes. Good definition of a strawman argument.
So what does your suggestion of an abridgement and restriction on communication along with additional suspensions of civil liberties have to do with regulation of assault weapons?
What does abridgement and restrictions on communication and additional suspension of civil liberties have to do with regulation of assault weapons?
Sounds like a strawman.