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.
I hadn't paid much attention to cash until this year as I get close to official retirement. So far my Schwab Investor Checking is the bulk of it. It get a small amount of interest but the big thing is that all ATM fees are refunded back.
As far as…
Why wouldn't they? You make good sense @Crash. The recent declaration of human induced climate change (HICC) has no place in the church.
"The freedom to be stupid ". It is sad that many consider this an accomplishment.
@MJG, @Old_Skeet,
I really enjoy your insights on this subject. I had a good chuckle regarding the "Scientific Wild Ass Guess".
I have always felt that a bit of luck has a hand in our triumphs.
@Ted, when you say smaller increments, do you mean smaller than .25? I have wondered all along why the Fed would not raise rates on a smaller scale than we are used to.
They have been running new ideas for the past few years now so why stop. I t…
In theory the idea sounds good but if I wanted to go that route I would want a choice as to where the money was going. A simple approach would be a index fund for example.
AC had some hot funds in those days. I was in Ultra. Those funds attracted …
Definitely an area to watch. It should be a decent investment long term. Cyber security is a new sector of defense and should get similar visibility as building new ships or planes.
I never followed this fund in particular but there was a large uproar when the change was made. Gift trust was a very unique investment. The change that opened the fund to all investors irked the GT investors to no end. Incidentally, since the fund …
Reminds me of my old CG days. On my way to my first duty in Alaska, weather canceled the last flight leg so three of us got a hotel in Anchorage. We split the room rate. Turned in the receipts and some weeks later all three of us got full reimbursem…
"A water shortage should result in higher prices for agricultural products - which is not the case."
California just recently announced water restrictions for farmers which had been spared up to now. Give food prices another year and they should ri…
@willmatt72, Certainly. Blackrock has BIICX. Others are PMFYX, SECMX, ISFAX for a few. The TRowe Price Spectrum Fund, RPSIX, falls into this category as well. IShares has the IYLD ETF.
Since I use American Century I have AMJVX. It's fairly new h…
"I wonder what the pay back time is ?"
Good question. One show I saw not too long ago had farmers growing apple trees and some other fruit. The system was very simple, a plastic hose with a dropper attached at every tree the hose ran along the tre…
Another point to think about, farmers in California are getting hit with restrictions now. That should cause food prices to go up if things get worse. Not a good scenario what with an economy on shaky legs.
I see more and more agriculture investin…
"We cannot even find the will or the finances to repave the highway system or refurbish the bride infrastructure built by Dwight Eisenhower, never mind the colossal commitment that would be required for such a project."
I would suspect that most p…
I have been eyeing multi-asset income funds for near cash investing. They invest in preferred stocks and dividend payers, REITs, fixed income and cash equivalents. I don't expect big gains but hopefully better than the money markets are giving out. …
Since this is a investing forum, perhaps this is a wake up call to invest in companies involved in desalination plant construction.
http://www.nanalyze.com/2014/09/investing-in-desalination-companies/
http://www.nanalyze.com/2014/10/10-more-desal…
You are right @Derf. While we get rain at our location we do have drought periods including now when it hasn't rained significantly for the last several months due to the El Niño.
Some of those swimming pools in the back yards could make excellent…
Rainwater harvesting is a good way to supplement a water supply. It would require more than a typical rain barrel though to hold it. Some localities have laws that prohibit rain harvesting.
I highly recommend it and I do it. We have a 8500 gallon…
It does seem like everything is slowly grinding to a halt. Too many problems are coming together during a sluggish economy. It would seem certain that the Fed will not raise rates and that has been repeated by others here as well.
Even AAPL, after…
It seems to be a hybrid bucket/sleeve style portfolio but the funds are misapplied. It should be set according to years, like 1-3 years out, 4-7 years out etc.
From a transcript of the conference call earlier this year:
Bruce Berkowitz: "We’ve stayed the course under pressure. However, sadly, not all shareholders have had the courage required at bottoms. We hope our current shareholders share the same lon…
"So what am I missing here in terms of "milking Sears for all it has"? "
I was not speaking of their method but rather the end game, whenever it happens. I don't believe their will be anything left of Sears.
Bruce and Eddie have been busy lately.
Check out the next page on the table. They were selling a lot earlier this year. Now their buying them back?
http://www.nasdaq.com/symbol/shld/insider-trades
They always talk about the value of the real esta…
You mean shit like this?
http://www.mutualfundobserver.com/discuss/discussion/21604/what-american-pharoah-s-win-means-for-the-market#latest
http://www.mutualfundobserver.com/discuss/discussion/21596/top-ten-movie-sets-ever-built#latest
http://www…
They were living too high on the hog. Four houses? Helicopter? It's okay to live nicely but as @Dex put it, why not put some of that money to the side?
My big question is, if they had four houses why were they living at the Ritz?
