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.
You might say: Gold is a good buy because it’s a store of value, it protects against inflation, and it gives comfort in times of panic. So you argue that’s a good reason to buy gold today at $1300. But the trouble is that all those things were also …
Today I bought - DOX , SWK , TEVA , LYB , BX AND added to SPLV.
Will add more if the market keeps falling.
In my humble opinion The past 2 weeks have followed the script for a normal bull market pull back.
Good luck to all.
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Good Morning
When stocks hit new highs, the natural impulse is to look for signs of over valuation, but there are good reasons why US stock prices are elevated: cash flows are high, growth looks good, the macro risks seem to have faded (at least so…
Reply to @catch22:
Thank you all for your reply, I do appreciate it.
The risk reward in bonds is too rich for my taste.
At this juncture I prefer to sit tight in treasury money market (60% of my portfolio) and wait for the Market to clear up a bit…
These are NOT MY WORDS but 100% the way I feel now about BONDS at this juncture.
This comes from Fidelity and it is the statistical equivalent of buffalo herd charging across the prairie toward an unseen cliff:
"The below-average real returns for e…
Hey Scott
Here are a few ideas that I like ;
1-OAK: Oaktree Capital Management
http://brooklyninvestor.blogspot.com/2012/04/oak-oaktree-capital-management-ipo.html
2-Loews Corp
http://brooklyninvestor.blogspot.com/2011/10/loews-corp.html
3-Leucadia …