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.
I would say Government stimulus - spending went to prop up the so called banking system. We are victims of all the liar loans that were bought up. Takes a long time to digest.
Just my 2 cents.
Thanks for input and reference material links. Still researching options. Also this is in no way was a rollover action in terms of pensions. It was an outright withdrawal of funds from a ROTH IRA. It was funds I had invested and paid taxes on - whic…
Anna
You failed to get the heart of my statements. The cost to administer government programs has grown far above the original intent. Need far fewer government employees to administer SS program and all other programs.
Can you tell me what is t…
OJ said:
"Since the cleanup/shutdown costs of these well sites is fairly well known, why would an operating license not require a partial payment (maybe 50%) up front as part of a license fee, and then progressive payments as a well is brought into…
Freakshow - good investment term. Bet they can hold a butload of toxic investments in private corporate employee savings and pension plans. EMPLOYEES BEWARE
There is nothing wrong with early retirement and having to live off or saving SS funds. In that time period of 8 Years you will gain about $110K in retirement payments. If that is what you feel you need to do. A lot of people have no other choice as…
My game plan!
I don't care about taking SS at this time. My parents lived into their 90's and out lived their means of support, this is part of my fears. If you do this then other people make decisions for you. I'm 3 years from 70 and drawing a d…
Just a thought!!
Don't take this the wrong way. I know JPM would do nothing wrong. Scanning through Bloomberg presentation and it harkens back to Bernie Madhoff days.
I have not heard the term "cannot recreate the analysis" since Madhoff was revea…
Some people are living in a fantasy world.
Here are a few of the mere facts.
It's the dollar based on nothing but a promise. It's easy to inflate the value of stocks. What is your value of stocks in the terms of 1960 dollars? I bet you lost you're…
Don't know about other parts of the country but in Western Missouri Gas prices have tacked on $0.15 per gallon this past week for unleaded. Also at a lot of the stations next higher grade is about $0.60 higher than unleaded.
fwiw
The best cure for low oil prices is low oil prices. People behind the curtains are turning the dials as we speak. When wells come up for maintenance. They will be shut down rather than PM'ed or modified and capped off. I think cheap oil will end so…
Too many people are over confident. We may have a black swan event coming. As far as I can see we have a confidence game ran by the government. Complete with price fixing. When this bubble breaks and I hope it does sooner than later, no one can get …
I have no horse in this race. IMHO looks like a slow motion train wreck going back over several years. Now with SEC problems on top of this it will be a year at a minimum before this the dust settles out at best! You can't turn a ship this big on a …
Quote from article- For their part, railroads contend they're doing all they can to improve the situation, no matter the customer.
I think not - Prices bid for unit trains makes grain movement from the northern states prohibitive. Warren's crew dow…
Is There Any Reason to Buy American Funds? By Kent Thune, InvestorPlace Contributor
http://investorplace.com/2014/09/american-funds-still-matter/#.VBDLqE10x7i
Thanks Ted I enjoy looking at maps. I use Google Maps to look at places I have been and places people tell me about. Lot of overseas maps leave a lot to be desired. (Crimea and Ukraine) Also Google maps are several years behind. Cheap entertainment…
@John Chisum
It's going to get worse. The Russians and Chinese are working overtime to hack into anything worth doing so.
Big Brother is watching!
You forgot the US government and all large corporations also have access to stored data - directly…
The institutions of so called higher learning should be responsible to repay the feds for any accounts of people who do not complete their programs. They would be held responsible to better screen their students. In effect they would have skin in t…
There's a seventh way. Go out and pan for it.
It's on my bucket list for some future vacation.
Pros: Low investment risk.
Cons: Your shoes and socks get wet a lot of the time.
IMO Have a great day.
MJG
"Further down the road, Richard Feynman doubted Joe Six-pack’s capability to apply logic when it is grounded in statistics. But the stats are a necessary part of the decision process. He said: “There are good guesses and there are bad guesses. T…
Trying to humor myself with M* presentations - which can be confusing, I would think that if CAMAX was short 100,000 shares of ProShares it would be designated as -100,000 shares. and change would be -100,000 shares. Unless their original position w…
BEE -
Help me understand..
What do the numbers for Pro Shares ie - -5.38 100,000 100,000 - - -
represent in your post?
Or where can I find your reference??
Thanks
Gary