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.
Well what do you know. I am interested in his buying of Ginnie Maes. I had a position in a GNMA fund for years until a year or so ago. Once rates normalize I plan on going back in if they look good.
"This is an established practice in place already at other mutual fund companies."
This I did not know and the article mentions it as well. I do know that fund companies have lines of credit they can access if need be.
If he remains stubborn to that mandate then the other countries should stand together and say no more money.
Greece is trying to avoid pain. Unfortunately for them, it's too late for that.
Tsipras is acting like he won already.
http://www.bloomberg.com/news/articles/2015-06-29/tsipras-says-european-leaders-won-t-dare-kick-greece-out-of-euro
I believe these procedures would follow the same path as other robotic procedures like gall bladder surgery and inguinal hernia repair to name a couple.
I should add, I see two types of reactions in the markets. One is based on reality like a bad earning report. The other is based on emotion. The rising interest rates story and Greece top that list. The markets will probably react when the Fed rais…
Could be. My opinions are just that and I could be very wrong. I've been there before.
If anything can be learned from this, it would be to not leave your money in the bank when things are headed south and don't wait until the last minute. Greece …
I cannot speak for the big money but there might be buying opportunities in good stocks as this unfolds. Apple will be the same the day after as an example.
While I don't wish hardship on anyone, anyone who had money in the banks at this hour was …
@Old_Skeet,
Congratulations on the performance of your portfolio. Since you have a large number of funds, I wonder if some of them have adopted shorting as part of their investing style? I see more and more funds doing this and also some "unconstr…
So many are scratching their heads over this Greece debacle. The Greek powers to be seen to be intent on having things their way, including the loan. As many important people in Euro land have stated already, the Greeks do not seem to care.
"The other note is that Russia has made advances to Greece. If somehow Greece heads in that direction, could be problematic."
Yes. Both Russia and China have eyes on Med. sea access. It doesn't seem like much of anything now but could be later on.
The countries that have adopted socialized medicine have also instituted price controls on medicines. Our quasi-social system we have now might have to go that route in the future.
My biggest gripe with big pharma during my pharmacy career was the…
I think Old_Joe has it right. The big issue is the taking of power away from Congress on these treaty negotiations. I'm not sure what 0bama is trying to prove here. Perhaps he wants this done before he leaves office?
If the generics issue is not re…
Actually the Chinese handle investing the same way as they gamble. If the salesman says that a stock will double its share price within a year or so they will throw all their money at that one stock.
As for real estate, the smart money has left th…
Just the numbers of investors piling into these markets as they opened up is mind boggling. These early days are not indicative of how the markets will act once they mature.
"At the same time, the company is shedding much of its slower-growing skilled-nursing and post-acute facilities, which should improve the quality of its portfolio"
I wonder if this is a industry wide action? Hospitals depended on nursing homes as …
I don't keep cash for long periods but one year gives me some comfort away from market jitters. I don't like cash much longer than that. However it depends on the climate. A long bear market period might push more to cash. I agree with @Dex on near …
