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.
...market hasn't even gone down 10-15% and already one of the Fed governors is talking asset purchases.
Scott, you do understand that the stock market isn't what the Fed is primarily concerned with, yes? ---- AJ
I'm not @scott but while you are co…
Time is probably the key here, as it has been in previous times including the Great Depression. But time is not what people want. They want things fixed in a hurry.
As any doctor would say; give that cold 72 hours to go away, however I can give y…
@catch22, Dittos on what Ted said. I have done both the transactions you mentioned and the trades are completed while still on the phone. The rep tells me the prices right there. An email is sent within minutes.
In the latest trade, I sold a por…
I believe that to be so @Maurice. All races have their specific slurs but only the black race as far as I know continues to use it. Perhaps if they would stop using that word, it would end up in the ash heap of history like the others. I've had simi…
Thanks @scott for the good read.
I was high school age at the time of Bretton Woods so my attention was elsewhere. I wonder if that announcement had a lot of impact at that moment or was realized over time? Larry Summers puts up a good argument i…
My guess is that the Fed would want 6-9 months of a good economy before a rate change upwards. This economy has been very lean and "polka dotted", that is some areas are doing well and others are not. But, things are sputtering so I don't see it for…
Not me. :). It is possible to see this kind of treatment of money. The rich will always have money. Then again it depends on the meaning of rich. It is one's attitude towards the rich that defines their political stance somewhat. Personally I don't…
@Old_Joe, I didn't see any closure info on the AC website. I am guessing they might have a soft close in effect for third party investors. I don't know where to look for that unless one has advisor credentials. So as far as I know, it is open to in…
I had to go to American Century's website to clarify that ACMVX was closed. That is the first time I have heard that. M* has it as "limited". ACI website has it as open. It might be closed to outside accounts. It looks like direct investment throug…
Out of curiosity I ran a comparison snapshot on the WSJ snapshot feature (Lipper) on JMCVX and a mid cap value fund I own, ACMVX. The fact that JMCVX is waffling between mid and large, value and blend sounds like the managers are trying to achieve …
@heezsafe, You forgot Global Thermonuclear War.
I have tried to listen to Janet Yellen but frankly, she is hard to listen to. It's her monotone delivery. Her attire is monotone too. I can see why the press would miss any hints she would give. T…
The port strike was huge. Some industries like the apple growers lost 25-35% of their revenue due to not being able to export. Most of those apples just rotted.
The drought is going to have an effect too. While agriculture is not being affected by…
Actually, most of the country had a decent or even a mild winter. For those in the NE or the Middle part, it was brutal for sure. Weather is always a good crutch to use.
The big number is the actual number of people that have dropped off the labor…
Thanks for that @catch22. I had that feeling I was wrong but my small investment shouldn't throw off much. Something to look forward to next spring with the accountant.
@BenWP, Thanks for that tip. That is a interesting ETF and a new one at that. Can I imagine I am 25 years old again and buy that for the long haul?
@Junkster, Comparative pricing has been a thorn in patients sides. Selling a medication that cost…
A local observation here from the PNW. A new law went into effect on April 1 that raises the minimum wage for restaurants and fast food to eventually $15/hour. I think it is $11/hour to start. I have heard that other states or areas are considering …
The first thing I got was a good case. The Tech21 Evo case they sell in their stores is very good. It has that super material that deflects energy from drops etc. Yep, mine is in the front pocket as well. I don't have a contract with a carrier so …
@JohnChisum Einstein's most powerful force in the universe--- the power of compounding. :)
LOL. I could have sprayed my new iPhone screen if my mouth was full of something.
Einstein also had the Theory of Relativity. That could be at play here al…
40 word limit is ideal for any Blog site...after that the ZZZZZZZZZZZZZZZZZZZZZ factor is invoked..thinking is: if you can't say it in 40 words...you are boring....its true....
You should see your doctor. There are medications now for that deficienc…
