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.
Been thinking lately that the world has gotten so good, so efficient at making stuff, mining stuff, farming stuff that there is just too much stuff, resulting in an oversupply of everything.
Good point.
The conundrum is that the world population …
Had this discussion before but with 50% B credits or lower and near 50% in Munis PTIAX should be included in a high yield muni discussion.The fund keeps chugging along.
The yield is in that area.
Hi Junkster, I had good reason today to regret the buy in the short junk cef, but luckily I hadn't added to it. If it doesn't gain tomorrow, it's gone. The notorious Pimco taxable cef's got blasted; the ones I checked are down by well over 2%, one d…
Hi Guys,
Best Wishes.
Think of it as an idiot tax.
Or a way to get some of your welfare tax dollars back.
http://www.pressherald.com/2015/12/16/some-on-welfare-bet-big-on-maine-lottery-in-pursuit-of-life-changing-win/
Or a way to keep the poor po…
@Dex I believe it was an attempt to defend me. Thanks, @Mark!
How did I miss that?
Let's see what @Mark has to say.
Why would you think I would know how you missed that article?
@Dex You started an interesting discussion and then you lost all credibility with your last comment.
And you have knowledge of what I wrote. But that is the reality of the net, anyone with a connection can write a post. Next time before you put y…
What I don't understand is why so many people, especially older people, want to live alone, when living with a roommate/significant other can help financially, as well as socially.
Old people smell bad.
I sort of agree with what was implied by Lewis B and challenge Dex a little . What would you do to change the situation" , Assume hypothetically you are head ofa family of three in cleveland making 40k in a non union job with a high school degree…
The muni trade seems to be getting a little hot now. I'm still heavy there, just hope it doesn't reverse too, um, energetically.
I'm guessing it is a safe haven play.
Where are people going to put there money?
Stocks?
HY corp bonds?
US Gov't bonds t…
Edit: Still think the junk corporates may surprise in 2016. Albeit I don't trade on what I think, just what I see.
Also, keep an eye on Emerging Markets High Yield Bonds -Premx - the strength in the $ could provide a good dividend yield and cap g…
DEX
! Yr and 5 r returns and two options for investment in High Yield Municipals and your post was.....Informative ?????
Does the information in the links include the reinvestment of dividends?
if I sold off some of these funds, to reduce their number, with one being held since to my teenage years (FKINX).
And, so it goes ...
I had that plan when I was young but go sidetracked. I wish I would have stuck with it.
@old_skeet
Need to know where are you in life? Are you retired living on your investments, pension and SS?
47 funds look like a lot to me. Have you considered creating a shadow portfolio of about 20 funds or less to see if you can get the similar…
>> tell me, why should a couple in their early sixties with grown kids be required to pay for maternity care?
I know! Same as property taxes for schools!
More seriously, it's not really clear this guy knows what insurance is and how it wor…
Oh, we understand all too well, Dex. "we need limitations on free speech" "we also need suspension of some civil liberties" pretty well says all we need to know about you.
Let's see. Explain it to us.
Edmund: "Loretta wants to upend free speech... UNAmerican."
Dex: "we need limitations on free speech" "we also need suspension of some civil liberties"
Note the lack of response to the specific quotes.
Note the lack of understanding of the origi…
Terrorism breeds from ignorance and hatred. Unfortunately we're now seeing some of that here on MFO. Yes, it is scary.
Terrorism does not breed ignorance and hatred it exposes yours.
If you were an adult you would have known that.
Edmund: "Loretta wants to upend free speech... UNAmerican."
Dex: "we need limitations on free speech" "we also need suspension of some civil liberties"
It will all be OK when Edmund, Dex, and their kind are put in charge of protecting our freedom…
@Edmond, I suggest if you're going to code your racism, ethnocentricity and Islamo-phobia you come up with a better term for our president than 'Hussein Obama." It's a bit dated and transparent at this point--a little too 2008. Maybe you should call…
Edmond, jeez, dude, at least man up to what you wrote and meant. What an evader, trying to turn it back onto the respondent somehow. lolz. I do hope you and the reliable Dex get to be in charge. Talk about no adults. Exterminate all the brutes, no l…
Dex, your bouncing your head against a brick wall, trying to argue sense with some of the folks here.
Thanks.
The folks you mention are not thinkers they are followers who want to be liked. It takes courage not to follow the herd. They think…
For the link below I set the year for 1970 and $1 for a value and the calculation for current equivalent cost through Oct. 2015 = $6.13. The cumulative inflation rate = 513%.
Compute it for college education. It is astounding.
This has been going on since the late 70's or 80's and will continue for awhile. It isn't surprising considering that wages have been flat since then also.
Then add in the loss of define pensions and health benefits.
If anyone here didn't know …
Dex, why I hate and never trade the ETFs. The junk munis ETs (HYD and HYMB) suddenly took a big hit late today (and on extraordinary super high volume) Must be some news? There is usually a one day lag between the open end and ETFs so will sell …
Go to bed now, Dex... the adults would like to talk. Sweet dreams.
I waited all night for that! The adults have been talking and asking you to talk but nothing is forthcoming.
Give it another try.
They obviously attempt to transform the Second Amendment technology of a single-shot musket to equate with high powered rapid-repeating weapons of mass destruction, and their entire series of arguments fails without that premise.
Obviously tha…
