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.
Every time I have been in one, they are kinda chaotic. Stuff everywhere, too many brands and choices. Staff helpful but not enough
Why on earth is anyone buying this stock? Hoping to sell to the greater fool before the bankruptcy announcement?
I got data from 2021 from Fido. about 50% of the SPAXX yield was state tax free. I don't know what % then was in Repos, but I bet that it was 50% and Repos are not state tax free
@mark
Yes should be "less" Thanks. Don't get me started on VA! They do the best they can, given the restrictions imposed by politics.
@BenWP
Humira Story gets worse.
From Barrons
"ABBV ‘s anti-inflammatory drug Humira, one of the top-selli…
Anybody know off the top of your head what % of the Government funds ae state tax exempt?
SPAXX is 75% Repos. I am looking for the statement from Fidelity about this but it is hard to find
The VA spent 54% than Medicare part D because they can negotiate
Saved 48% on Brand name drugs. Doesn't separate biologics (Humira) per say
https://www.gao.gov/products/gao-21-111
Anybody use Carbonite for online backup? Seems pretty professional organization. They claim if you get infected, the virus will not get backed up to or can be reversed
I have filed K-1s on TurboTax for several years. It takes extra time and occasionally some fudging ( PTP income requires two separate K-1s for each company) but it can be done without hiring an accountant.
OF course the sums involved in my case …
Thanks msf
Not a big hurtle to clear if you are really interested. Not that it will do much good.
Most people ignore the proxy voting they get from their stock companies anyway, bu tif you look there are always a few radical proposals
Vanguard …
I have found Schwab somewhat problematic but generally OK. It is pretty easy to get a rep on "chat" but a lot of times they tell you they can't help and you have to call the number.
It is hard to tell what they can handle and what they will punt.…
From Bloomberg News headlines
High inflation has been the talk of the town for a while, but Janet Yellen said low inflation is likely to return as a long-term challenge for the economy.
“We’re just coming through an unusual and difficult perio…
The further out on the duration curve you go the worse you will do if interest rates spike back up. Many people have alluded to the "Second spike" in the 60's and 70's, after the Fed had controlled inflation one time.
The "Market" seems to think i…
@davidrmoran
It is your thread, so please relabel it as you see fit and put it in Off topic, if you want to continue discussing this.
@Old_Joe
Thanks for the answer. I try not to remember the "nasty times" but guess I missed that "Off Topic is…
@BenWP
It is hard to avoid "participating" in the misfortune of others if you buy any stock or bond, the way the world is set up. Even Treasuries support the activities of our Government which are hardly 100% benign.
I try to avoid Companies wher…
@Old_Joe
You are correct, but for some reason, I get all the categories under "discussions" so I can't tell what category it is, unless I look very carefully at the original post.
But when I click on "Off Topic" I see posts today that do not app…
It looks like he will send anyone who asks his reports. I signed up just for kicks, not that I short stocks.
The date on this one on his web site is 1/24, although I don't know when the email went out. The stock didn't start down for a couple of d…
It seems to me that the issue for drugs is the patent system was designed for Model Ts and not for molecules.
Simple legislation to clarify how significant a change to a drug had to be to merit additional patent protection would fix this, but out …
@MikeM
When I have a little more time I was going to compare the prices of all their "picks" on January 6 ( Friday, date of interview price listed in article) with price at open on January 9th and then price on Monday the RT was published.
In the …
@LewisBraham
Thank you for your kind response and discussion.
America's tortured history of race indeed should be discussed in schools at all levels, including discussions about the motivations of slaveholders in the Revolution.
But I am trying …
@BenWP
Yes SE CT Thanks for the correction
@LewisBraham
I don't want the following to be too detailed or political, but comments deserve a specific response.
I am deeply hurt that you believe my complaints about the original 1619 project are base…
@Yogibullbear
Their budgets may be axillary, and for a lot of Public Universities, football and basketball pay for all of the other athletic programs combined, but the money still comes from the students for the most part through increased room and…
The point about the hot tubs was meant to illustrate one of the sources of rising college tuition that has nothing to do with education. In order to attract higher income students, whose parents will pay the full tuition, colleges ( including publi…
@Mark
I was struck by the Barron's article on TSLA 1/8/23
https://www.barrons.com/articles/buy-tesla-stock-price-pick-51673047775
"It helps that Tesla is expected to generate the most free cash flow among auto makers in 2023, some $12.2 billion, …
Vanguard has a long way to go. I am interested in the Environmental Oportunities fund, but although it has been trading for a month or more, and is up 8% YTD, Vanguard still doesn't list the holdings on it's web site
@LewisBraham
At least in Southwestern Connecticut, Electric Boat is desperate to hire "blue collar" technically trained industrial workers to build subs. They subsidize the training programs in high school and guarantee a job if student finishes pr…
Does anyone have a read on why the letter has a large section ( Notes from the Road) about India and how excited Tyler Galuser is about India, when as best I can tell he is only one of a dozen PMs on one fund that only has 4% in India?
Emerging Op…
Since this thread is apparently open for politics here goes.
As distressing as the inflation in the US is, it is far worse in Europe and many other countries. That cannot be blamed on Biden. This is a worldwide phenomena. I tend to believe the one …
@LewisBraham
Thanks so much for the link to the new republic article. I am slowly digesting it and I wonder why I haven't heard much about this way out of the dilemma.
It does remind me that although we think the quality of contempory thought in…
If you want an example of how well "experts" do with predictions look at the 2022 results from the Barron's roundtable experts from January 2022 to the end of the year.
Almost all of them lost money, big money.
I have no personal experience with Paxlobid, thank goodness. However all my over 65 infected relatives have gotten it and hated it, even for five days. The taste is so bad it would be a great weight loss tool.
I don't think the current recommen…
@sven
Millions of people ( at least half of them lower income GOP voters I suspect) live from SS check to SS check. I think like most Americans currently, they are not paying attention to the debate or potential consequences, and if asked would res…
I havent seen any data yet, but it is concerning that of my multitude of relatives across the country, one husband and wife both got it, although they only go to grocery stores masked.
She had symptoms for several weeks and is still down a t bit. T…
@LarryB
I looked at the gold funds and think for retirement accounts. pick the one with the lowest ER and decent liquidity.
In taxable accounts Gold is taxed at long term capital gains rates of 28% as a collectible ( ST is income tax rate)
Howeve…
The most recent data from Henry A Choy a UCLA biologist. He sends out irregular summaries of Covid. I can't remember where I heard of him or if you can email him and get on his mailing list but worth trying as he has very good data and references
h…
This is a huge problems for individuals, but the Biogen Alzheimer's drug will be a much bigger dollar problem for society.
Here we have a very marginal drug that slows brain decline ( does not stop it or reverse it) very very modestly, kills 2 to 3…
Let us hope the Feds (under Trump) extracted stock or some warrants etc when they pumped all that money into Moderna. As Trump is apparently such a shrewd I am sure he negotiated the US taxpayers a great deal
Yea I saw that but it is odd that a guy is writes so eloquently about how overpriced the market is, especially large caps, would buy Google and Amazon and Qualcom.
I did a little digging to find out how he runs the fund but haven't dug into the pro…
