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.
any idiot who walks into a state of the art Clinical Lab and looks at the enormous size of machines that run even simple lab tests ( ie blood count) would know that they could not be miniaturized
Thanks for the link. I hate to pay $ to Amazon, but…
If I were China I would know I could kiss all my USA investments goodbye if there is a war with Taiwan
More concerning is our dependence on them for materials, especially rare earths
I still fail to understand how George Shultz and Jim Mattis would join the board without asking first to tour the factory and to have their own blood "drops" run on a Theranos machine in front of their own eyes, and compare those results to ones the…
I bought some TSM ( along with Warren who would know; I wish I could say he called me with a tip) and AMSL when they were both down. As TSM seemed to get worse I was going to sell but didn't!
I have found this guy's daily market commentary very worthwhile. Other than a trading perspective on the market, which I don't use much he has other tidbits. Today he notes that speculators have shorted two year treasuries futures in large amounts,…
there is USBank 4.58% 3 year CD non-callable. Several other 3 years CDs, but all callable
I skimmed through the other bonds
Almost all either corporate CDs etc being offered at Schwab are callable.
Maybe the "smart money" assumes that interest …
I am less sure this is just about crypto, but more about simple fraud.
it seems SBF used customers assets in the non-US subsidiary as margin for shaky investments in FTT etc, and then CZ pulled the plug on FTT but dumping his entire position. CZ…
What I read indicates that there will be massive amounts of bonds someone needs to buy with the increasing deficit and the fed "rolling off" their inventory with QT. They won't buy more when the bond matures, but money has to go somewhere
There is…
I would be careful accepting that inflation is declining based on one reading.
I saw some data that this PCI report has Health Insurance premiums dropping 4% in a month.
That sounds pretty fishy to me
I heard his net worth went from 35 billion to zero in last month
And it looks like poor little Tom Brady got hit too. That's what he gets for dumping Giselle. Imagine telling your wife and the mother of (some) of your children like that "I would r…
Rates and the inflation rate probably depend on 1) the unemployment rate ( which probably will not drop as much as expected in a recession, with 3 million long Covid people unable to work), 2) Economic activity if there is a serious more than two q…
You can find non callable agency bonds
For example FHLB 3.5% 7/2032 YTM 4.77
Beats equivalent US Treasury YTM 4.2
All depends on if you believe interest rates will be lower between now and then
@Old_Joe @JD_co
I share your dismay with bond funds, as they have produced a miserable return and lost principal. A year or two ago, no one seemed to believe the old adage that the return of a bond or a bond fund is essentially it's yield. With…
The risk with bond funds is if you guess the move wrong and rates go up. The NAV will drop.
with individual bonds you know you will get back par.
Rather than relying on the CPI, look at your own personal interest rate. If you don't need a new car…
I didn't see that as I didn't think it was worth the effort to try to undo something I apparently had no control over.
IT is hard to understand exactly what they are talking about.
The quote still seems to refer to a position that cannot be value…
I stumbled across TPL and Horizon in early 2021 and doubled my money in about six months. I sold at $1200 a share mainly because it seemed too good to be true, although it has doubled again.
The stock price does not parallel the price of oil or na…
@LewisBraham
What I find inexplicable is the timing.
I understand that on July 15th the rarely sold securities in FARIX were "estimated" to be worth X by their valuation firm. This allowed them to price the fund at $9.20.
OK, But then what happen…
@sven
It depends on your views of inflation. At 70, while I was not investing at the time, I am old enough to remember "Stagflation" in the late 70's and 80's. My wife and I thought we had it made in "Dreyfus Liquid Assets fund" that paid 14% (?). …
@derf
You read what I meant correctly the first time.
Twice I have had a mutual fund company several months later change the price at which I sold their fund, to their advantage I might add.
In 2016 I sold MBXIX in two of our accounts at one p…
In addition to the threat of authoritarian control and Xi intervening in company management whenever he feels like it ( as he has already), there is the issue of manipulation of numbers. I don't see how you can calculate a "P/E" when the "E" can b…
FYI
I put in order for new issue Muni at Schwab. Only option for order was "day only" although auction closed two or three days later.
Next day order listed as "open" but "day only" although it was a day later.
Didn't close for three days.
It wo…
The studies have demonstrated decreased hospitalizations and deaths, but as far as I am aware have not shown shortened duration of illness and I am almost certain have not shown less Long Covid.
bought 2 year CD at Fido yesterday 4.7 % from Goldman Sachs. I am staying away from Ally bank, Discover and unknown banks
I had a couple of CDs go bust in the 1980s. Eventually got my money back but it takes a while
extending maturities out to 5…
I have not upgraded to "Investor" because the only portfolio manger they that I have shows there are transactional ones, and I use a watch portfolio to consolidate all m positions. They only show one of my watch lists, and this one I created in Jan…
The other issue which he addresses is the price inefficiencies required to build a ladder for less than $500,000
I can't imagine someone with only $100,000 in total retirement savings ( unfortunately there are a lot of Americans in this boat) wou…
@Yogibearbull
I hope you and your wife get well soon and avoid long Covid. The latter is a real issue although only the "liberal" news media wants to acknowledge it.
It is all so politicized. GOP out today trumpeting that their refusal to lock dow…
I have 80 year old friends who are 90% equities and are very worried. They are having to seriously reduce expenses of new purchases. Not cutting into food or gas yet, and their house is paid for but he wanted a new boat at $50,000 and he thinks he…
Much of the stuff I read indicates that current "hope" is for Fed to slow the rate hikes and then "stop" next year. I assume this is why with YOY CPI running 6 to 8% the breakeven tips/5 year treasury rate is only 2.4%. This scenario says buy LT …
@AndyJ
Nygen's colossal error with WaMu made me believe the entire "shop" was and is suspect.
this ranks with the Sequoia disaster, and I can never understand/forgive the board of directors for allowing this to happen.
While there are many ar…
Maybe he will move to Malta or New Zealand like Thiel and we can be rid of him.
Twitter is great for breaking news, but I will quit the day Musk succeeds in buying it
