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.
Thanks David for the additional comments. The talk of a broken market has been a topic for a while now. Gundlach mentioned it on the new WSW. I still felt the June commentary was far more bearish in nature than the previous installments. If anything…
"Last night, 8# of extra lean ground beef, $2.20/lb. First screaming BUY I'd seen in a month, anywhere!"
In May I saw extra lean for over $5 a pound. Yours is a very good deal indeed.
This market has been going up due in part to the buyback scheme noted in another thread. It is not normal and especially at the volume of buy backs we are seeing. I note the Bloomberg study talked about in another thread in which the SP500 companies…
@linter, I would not sell healthcare if you have large gains. If you have multiple funds, select those that need pruning from the portfolio. Good time to get rid of any under performers. If we get a good 10-20% correction then you would have buying…
"....the S&P 500 corporations last year spent all but 2 percent of their profits on buybacks and dividends...."
I would have liked to have seen a reference to confirm this. The author throws out statistics with no source to back them up.
In a couple of cases, I personally withdrew $10k from a bank to take with me overseas. That is the travel limit. Both times the cashier asked what was the purpose of the money. I gave random answers like buying a car etc.
Agree with Edmond. The am…
I didn't see anything in the article that suggested mandatory participation of employees. So the state could set it up but if the employee doesn't want to participate then what was gained?
Freedom is a bad word to some here. The overriding advantag…
I am not sure this is a real solution. Why not make it very easy for each employee to have their own retirement plan that would be portable? IRA's fit the bill but they would have to greatly increase the limits on contributions. If employees want a …
A source like AP prints the story and everyone else just copied it. Happens all the time. It all done by machines,, errors, misspellings and all. No wonder the media is so screwed up and unbelievable.
The quoted statement in red seems to indicate that Hastert made an effort to acknowledge his mistake of the past. It doesn't absolve him from that mistake but it shows that he felt guilty about it.
I was not a big fan of Hastert when he was speake…
@jeffdiver1,
I think it is worth the effort. That fund is and has been a top notch fund for the sector. It should do very well over the long haul.
Now the question might be, can you get the account open in time?
"FYI: Categories like small caps, emerging-markets stocks, and junk bonds capture a lot of attention, but they're small fry in the scheme of things."
After reading that cut and paste there was no need to read the link.
Drivel.
Another comparison, Seattle has 4.3%. I don't have the latest number but Tacoma-Pierce County just 30 miles south was 7.1% in March/April. Some parts of WA state still had double digit numbers.
Well now that you bring it up, AAPL had a very good day indeed.
Upon further thinking, some burger joints may have more to do with biotech than we care for.
"World War II changed things for a while. The industrialist of the nation had banded together, because they saw the war coming. They proposed retrofitting factories from peacetime use to military use and proposed the creation of new weapons. "
Tha…
Correct @bumine. There is no best drug. The drug has to be matched to the patient.
This has been going on for decades. In the pharmacy business, inventory is the highest cost factor. That is why hospital pharmacies in particular have formularies. …
Health care consumers for the most part have their expenses paid for by OPM. (Other People's Money)
I agree. These increases are not sustainable over the long term.
I thought the future would be post-apocalyptic with labor making $15/hour shoveling pig poo for methane gas production?
Many of our cities are already turning into Barter towns.
"Your Kidding right?"
Let's hear your opinion rather than a drive by posting.
I think @Sven makes a good point. It all depends on where in the cycle each country is at the moment. Japan is doing well.
Thanks @MJG for that fitting link. I always enjoy listening when the Battle Hymn plays, especially all the verses. On of my favorite renditions was played at the religious service at the National Cathedral after Sept. 11th.
@Scott, Thanks for that insight. I do not follow Chanos so I was not aware of his bearish attitude towards China.
Another topic that was talked about on WSW was the liquidity factor in the markets. This was agreed upon by everyone. At some point…
I think too much attention is being paid to stocks like LOCO and SHAK. The valuations on these upstarts is crazy. The media is to blame as well. There are some stocks that are still undervalued.
@Sven, Good points. It just shows how far we will go to get some kind of return from our cash and near cash positions. The usual sources don't pay anything in this low rate environment. I'm willing to take a bit of risk to get somewhat of a decent…
Thanks for those tips. I saved the Portfolio Visualiser to my bookmarks so I can check it out on the laptop. Thanks @bee.
@hank, That is exactly how this fund operates with the addition that it is unconstrained in where it can go and can do. I ge…
A while back I bought into a income fund that is multi asset in nature. My thinking on this was a place to park money for the short term before it goes into cash instead. For example, if I keep 12 months cash available, I would have 3-5 years in thi…
