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.
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 …
One of the better commentaries on energy, oil, natural resources and uranium is from Goehring and Rozencwajg Mutual fund. They have a significant investment in Uranium
http://gorozen.com/research/commentaries/3Q2022_Commentary
I agree with the sentiments, but rather than start a new thread, I used this one to point out the apparent inability of some politicians to understand we are all in this together.
However, it is hard to have a discussion about "climate change" in…
@stayCalm
When Miami sinks, DeSantis will demand all the other US taxpayers bail them out, although he voted against and railed against aid for Super Storm Sandy
This would sure shake my confidence that Vanguard just sees Climate Change/Carbon transition as marketing and now the winds have shifted a bit. I tend to believe their new "Vanguard Environmental Fund" VEOIX VEOAX will soon be defunct
Typical Van…
I looked at the rates on almost everything Monday, taking into account taxes. and checked again today
Non Callable CD from WFC December 2024 4.7%
Treasuries today are paying 4.2%
Depends on "Will I need the money before then" I guess
I spent several hours looking over the CEFs mentioned in Barons. RIV popped on Monday but now is down . The SPACS he mentioned are almost impenetrable as there is little information about their strategy.
I wonder if, as the deadline to return al…
I have always been a bit suspicious of Rida Morwa's many many posts on Seeking Alpha.
They all seem to promise unlimited income with no or little risk. The articles are well written and seemingly wise and appear to offer great investment opportuniti…
@LewisBraham
I wasn't generalizing about health care unions, just reporting the fact that much of the opposition to the much needed merger of the two hospitals in a very small town ( big enough for only one, really) came from the nurse and hospital…
Years ago the biggest issue with non-profit hospitals was the insider dealing on the boards, esp the smaller ones. CEO puts buddy lawyer on board. He gets all the legal work and votes to increase CEO pay and benefits year after year after year. Sa…
@LarryB
I do not necessarily disagree that non profit hospitals can be just as predatory but they tend to be more responsive to consumers when their abuses are publicized.
In CT, Yale and Hartford Hospital Health Care own over 2/3s of the hospita…
Another well written and hard hitting Pro publica article on health care.
Our local hospital was bought by Prospect Medical, a hedge fund, with dismal consequences
https://www.propublica.org/article/investors-extracted-400-million-from-a-hospital-…
I have dabbled in a few small companies but it is hard to 1) pick the correct technology and 2) even harder to predict it will work.
There are many people, with much more engineering and scientific expertise that I have, spending their careers on …
Thanks
Quicken can handle individual bonds, if you can download updated prices from your brokerage, although there are some glitches in calculating returns
@Sven
I would caution folks about paper filing, if you depend on the refund. We are still waiting for my mother's refund from 2020, which had to filed on paper because she passed in early 2021. I am certain they received it. Not only did we send…
One final comment.
I was not trained in "preventative medicine" but I practiced holistic medicine as I tried to help patients make decisions that were right for them as people and not tell them what to do. I would document for them the expected res…
Funds with rates that can float upward like RPHIX will continue to do better until rates start to drop. Unless you are sure you can tell when that is, you make be behind your CD or Treasury rate over almost any time period.
While I assume most of u…
I assume the board is running out of interest so I will not answer all of your points in detail, but am happy to discuss further if you want.
When I graduated from medical school in 1978, over half the class went into internal medicine, as it was …
@OJ
There are two major factors involved that we haven't mentioned ( although I alluded to one of them above)
The first is of course that we have a "Disease care system" not one trying to improve people's health, and a lot of our lower life expect…
While the article does not say, am I correct in assuming this only happened when using the online versions?
They also don't say if TurboTax was affected. I would assume so.
@ LewisBraham
You are referencing salaries paid to trainees in residency programs, not what a licensed physician bills and gets paid for to see a patient.
I used "medical intern" as the minimal amount of training most states require to get a lice…
SVWXX 7 day SEC yield is 3.71% today. Taxed at 22% bracket plus Mass ( my state) income tax ( 5%) is 2.75%
SNOXX ( Govt obligations) is 3.45% or 2.691% without any default risk ( Repos are minimal so now state tax free).
For PRHIX, I don't …
@LewisBraham
There are myriad of reasons why the "health care is a right" movement, which was very popular when I was in medical school in the 70s, foundered.
The libertarians went after it, claiming that if people had a right to something, the pr…
