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.
Then in that case, Congress has already voted and approved a southern border barrier/fence (whatever you want to call it). The only problem is funding was never provided. So, from a US point of view, it has been voted on. If Trump decides to go t…
I believe the American way of life and its borders are worth defending. I also believe the first job of Government is to provide that protection. But, for the sake of argument, which country would you guys like to emulate?
And yet, every Democrat in a leadership role, saying they oppose the wall, previously stated they wanted one. Term limits are needed as well to remove these career Politicians, that is the National Emergency.
Justify it any way you please but Socialism will always = idiocy. And, the statement 'it will pay for itself', is the perfect indicator of the Left's delusional behavior. Socialism, while seemingly harmless, will always fail because those taking, …
@Mark, I believe 'Socialism' is way out of left field and I'm sick of those who believe throwing money (especially others) at a problem will resolve it. Poverty and financial illiteracy is the root of most problems and I don't believe Government ma…
@davidmoran: If Obamacare was so great, the politicians who designed it would use it. Show me a program that's sustainable and I would be the first person to support it. Just because you believe you're doing good by supporting a Government run pr…
The Left tends to believe no one should own guns. And, would freely give up their Liberty to own guns, if they had the comfort of knowing ‘others’ had guns to watch over them. Never mind the fact the ‘others’ are simply people appointed to watch …
The article attempts to create a view of 'Socialism' that doesn't equate to Venezuela. The Left has made it clear, their intent is to remove the ability of Americans to have private insurance to address health care. They already have a strangle-ho…
I've owned it and the other FMI funds. I have no plans to sell it. There's nothing flashy about it and that's what I appreciate. If you're interested, spend some time reading their quarterly reports. It is important to understand how their team …
I believe this falls under the heading of, this too shall pass. As I sit to watch my Redskins play the Colts, I'm dismayed by the absence of the National Anthem. I believe traditions matter. Instead of resolving the issue, one way or the other, t…
@VintageFreak, I hope you're right. My concern is related to talent dilution and possible changing priorities. They seem to have evolved from a principled Value boutique firm into one intent on multiplying offerings on the shelf. Perhaps, these t…
Looks like they're trying to find a way to make us buy both funds. I exchanged from ARTKX to ARTGX years ago and I'm glad I did. I'm really appreciating FMIs setup more and more. Maybe this will work but I hate tinkering with something that alrea…
At one point, Morgan Stanley seemed to be an afterthought when comparing to other firms. I certainly never thought I would have an investment with them. As I researched MGGPX, I starting reviewing the other funds as well (MSFBX and others). I was…
@msf: I completely agree. Have a good night and I look forward to the next one. We all belong to our cult of personality, but I'm trying to listen and understand.
I would have to concede, your method helps to address the overall retirement problem as well. I'm just questioning the need to exhaust the account when you could maintain the magic of compounding forever.
Yes, I did have something else in mind. Using your example, if the upper limit remains static (at a million), the amount of income for the Retiree, and Government can be sustained theoretically forever. Upon death, the balance transfers to the he…
I believe most of us at one point or another found ourselves asking, where did the time go? Regarding investments, time is the most precious component alongside rate of return. There are some who come late to the party and using an uppermost cap w…
@msf: The uppermost cap would not change. In my view the intent isn't to exhaust the account. The intent is to allow those who are less fortunate to grow their balances, those at or above the cap, will pay and the government receives a never endi…
@BW,
>> What if the retired person is still not ready after that five year window?
The usual response is Well, tough.
As for 401k / trad ira caps, they already are hard, and too low, though not quite as you propose. Capping balances would…