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.
@Staycalm
Useful philosophical musings, but I have rarely seen concern for fairness in any policy making. There are many examples on both the right and the left. Lefties point to the tax structure etc but my favorite still has is the outrageous …
Thanks to OJ, I bought a small amount of ASML, but now wonder if it has gone too far too fast. The money pouring into new fabs will flood the chip market. I assume the fab companies have already put their ASML orders in and they are reflected in sto…
I seems to me, although I haven’t looked at the 50 year chart that the major advantage this portfolio has is avoiding the two “lost decades”
“The key thing about AANA is that in 50 years it has never had a lost decade. Whether the 1970s or the 200…
Thanks for charts YBB and catch22
I have not had the patience to read the entire 55 page House resolution that apparently has to be passed Monday for the HR to open, but as I understand it, it is the source of the power and obstruction that the rad…
I think 2023 will be very trying and full of ups and mostly downs, due to persistent inflation.
Consequently, I am not increasing equity exposure, except maybe to Deep Value funds like PVCMX where I can count on the manger not being fully invested.…
@derf Thanks for npr post. While technically a "default", forgetting to cut the checks is somewhat different than refusing to pass legislation that allows the Government to borrow the money needed to continuing to function. Note however that even…
Goldman Sachs has a long detailed analysis of the thinking behind GCEBX
https://www.gsam.com/content/dam/gsam/pdfs/us/en/fund-resources/other-reporting/GS_Clean_Energy_Income_Fund_Overview.pdf?sa=n&rd=n
that is worth reading. They have a sign…
@LewisBraham
Probably for the same reason someone would believe that the US should default on it's debt, eliminate Social Security and Medicare, require five year reenactment of all federal legislation and firing and re-hiring of all federal empl…
I assume that a fair number of people deposited their Bitcoin at SI assuming they would easily turn it into cash when they wanted to. The cash would be FDIC insured, but when everyone ran for the door at the same time their Bitcoin was worth a lot l…
SI ( down 48% today ) and COIN both crashed today as it turns out SI was unloading assets at fire sale prices to raise cash to pay withdrawals, that I would think was to avoid going bankrupt. WSJ reports that SI unloaded massive amount of debt it ow…
Thanks for reminding me of As you sow and fossilfreefunds and Climateaction100.org
The latter’s report on NEE is rather unclear. I also think that you have to avoid being too much of a purist. While NEE may still have a significant carbon footprint…
Thanks for all the useful information
@msf
NALFX available at Schwab without a load.
NEE has an enormous portfolio of renewable energy so it can really not be considered as fossil fuel dependent as other utilities.
I have not found ESG calculati…
@LewisBraham
I have owned FPNIX for years but lightened up last year as they lost money.
Does the large exposure to asset backed securities based on automobile loans bother you? If we hit a serious recession a lot of these are going down. Obviousl…
@yogibearbull
For example the YTM on TIPS maturing 1/2028 is 1.697 at Schwab. That is the YTM received after paying original price plus accumulated inflation adjustment, correct? (For this particular example, I can't see the actual accumulated ad…
When I looked at buying TIPS in secondary market, there was a large additional principle payment attached to the price. Is this the recompense to the original owner for the added principle as inflation rises?
It was hard to figure out what the ac…
@yogibearbull
Thanks for the correction. The PE of VWINX is still pretty close to SP500 at 13.5 but M* has in in Large Value. Probably correct but not deep value
I sold my VWINX in 2021 bothered by the duration. I am unsure why the managers did not reduce the duration going into 2022 given the likelihood that interest rates would spike. I have to assume that they felt many of their customers wanted income b…
It did not really take much doing. I just filed a complaint with the SEC with the details like Ticker symbol, share amounts, price change etc. IT took about ten minutes.
I had a similar thing happen several years ago but for only 20 or 30 busks dif…
Count yourself lucky. We lost a large amount of money on our house in CT 1987 to 2020. We got about $50,000 more than we paid for it but in the 30 years we redid two BRs, kitchen, all the windows, new roof, finished the basement, new deck and sunroo…
I tend to agree with LB that TSLA does have an advantage over GM F etc that have to retrofit all of their manufacturing, but both have made projections of meeting these goals in the relatively near future.
M* has the fair value of all three near do…
Bloomberg says CEO said
"If you took our crews, we have a lot moving all over the country. If they get reassigned, someone needs to call them or chase them down in the airport and tell them.”
Really?? in 2022? guess they dont have cell phones!!!
Musk seems to be going after Fauci again too, if I read the timing ( 13 hours ago) correctly. Is retweeting a 2021 article. Why is this news?
I think he is seriously mentally ill. At least other corporate executives who destroyed their companies (W…
When operations are normal, flights arrive pretty much on time and where they are supposed to so they can assume a crew is available there. With massive cancelations, I think unless they track the crews specifically they have no idea of who is where
The pictures are not specific but he looks like he was a big guy and maybe overweight? Certainly his job was stressful and probably contributed to his early death. He "retired " at 37 with millions but had to go back to work!
"Running a global fi…
All depends on earnings and inflation I think ( Not my original idea but from Pundit I subscribe to for $)
Current estimates SP500 $225 at 3800 PE implied 17.3 or "Fair Value" 16.5
If Growth falls faster than inflation so Earnings down to $21…
You can reduce your IRMAA if you income falls below the threshold the next year by filing a form with social security.
However, you have to have filed your income tax for the year before to use that for the data, so the earliest you can ask for a r…
@BenWP @LewisBraham
Since October first, BRTRX has sorta decoupled from TSLA ( after marching in lock step for years) , down 17% vs TSLA -48%, so it looks like Baron has trimmed the TSLA exposure to less than 50% reported at the end of September.…
When I have looked at the prices in the past, Barron's seemed to use the close on Friday that it is available , rather than the opening on Monday when anyone can buy the idea. A bit biased as most stocks get a "Barron's pop" on Monday
Anyone use A…
Quick search of usual tech sites ( Ton's hardware/Tom's guide, Wirecutter from NYT, PCMAG) for recommendations after Dec 1 Lastpass hack
1Password and Dashlane are top choices, with Bitwarden best for free
KeePass gets good reviews, and seems to…
@sven
I think it is possible for a hacker to impersonate your phone SIM card and break the two factor authentication.
I use LastPass but not for financial sites.
Does anyone knw any more about LastPass hack? second time this year but company s…
I agree that the money should be distributed to the victims, but I bet the politicians are anxious to get rid of the hot potato and do something now. It will probably be a long while before any bankruptcy fund is set up.
Most of the charitable dona…
I think this is just a publicity stunt from Griffin, because the federal tort claims act says you cannot sue the federal government unless a federal court agrees. It is not clear, either, how he was damaged by the release.
From Wikipedia:
Under…
@yogibearbull
Do you manually enter each transaction? M* Portfolio still lets you download a file with positions and average price, although M* Investor still refuses to allow this.
Has anyone heard of any brokerage account hacks?
I always ass…
If anyone is really interested here is the most complete list of SBF contributions that I know of. Lots of GOP guys and girls including $ 3,500,000 to Mitch.
Porkers really lined up at the trough
While we all know that "money talks" it is always…
Does anybody else use Quicken to download transactions at various brokerages? I have done it for years and believe it is safer, as the passwords remain on your computer and not on Quickens.
@ Old_Joe
I have been tempted for years to use Yodelee or the aggregator ( most also use Yodelee) at one of my four brokerages ( don't ask!) but always shied away, as I could not be convinced that giving them my password was safe.
I have never bee…
Let us not resume profanity laced, political opinions please. It is one thing to link to a legitimate report that SBF donated large sums to Democrats ( he claims he gave equal amounts to the GOP), as it does indicate how politics work, but this is …
