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.
Great post Catch. That was the great thing back then, that a lower middle income family could live well. Food was always on the table and shoes on the feet.
Thank you for your service.
I am wondering if the guy in the linked story still works at ABB? I know there are laws but these things have a tendency to bite back. I couldn't read the whole story. Subscribers only.
Sometimes you have to work with the hand you're dealt. My first 403b experience was through a life insurance company that took 5% off the top of all contributions. A few years later the employer switched to another life insurer with better fees up f…
Washington state has legalized it for sale in specific shops which have to be approved by the state. The only thing I have heard is the worry of employees coming to work buzzed. Companies are redoing their policies on under the influence to include …
Not all good news for the Buffett.
http://www.independent.co.uk/news/business/warren-buffett-tesco-losses-take-millions-off-berkshire-hathaway-earnings-9848441.html
Is this on their website or via the app? I don't use M* but my other apps usually settle about 1.5-3 hours after the close depending on how busy a day it was. Yours seems like something might be wrong at M*.
Even if the store is in a decent mall it might have a poor location inside that mall. As I mentioned previously, the Sears I see are usually at the ends where the traffic would be exclusive to Sears and not the pass by foot traffic of a good locatio…
We should also add here that Eddie Lampert has his own hedge fund. ESL Investments. SHLD is over 46% of the funds portfolio.
http://www.insidermonkey.com/hedge-fund/esl+investments/14
I thought we could lay off the attack comments for a while. Guess a short while it is. Sad.
It took some time for me as I wanted to see how QE would work. It helped the banks for sure and the banks got very tight fisted and would not loan money. I …
The beginning of the end? That's what it looks like to me.
http://www.reuters.com/article/2014/11/07/us-sears-holdings-reit-idUSKBN0IR13B20141107
Up to 300 stores to be sold. If they want to make it an online presence, they still have to change the…
I'll believe it when I see it. The time for talking is over. Time for action now.
I do think the name Sears might be a negative at this stage. Perhaps a name change would be beneficial.
If you are contributing to your investments on a regular basis you could adopt a tactical purchasing style by directing more money at the investments that have lagged. Doing that instead of rebalancing gives you the opportunity of buying low.
Most definitely AndyJ. Bill Gross had quite a bit of media time also but he mostly rehashed Pimco's New Normal strategy. Of course, his last few months with Pimco attracted the media but for the wrong reasons, mainly his odd behavior.
@rjb112,
After reading that link and researching a bit I have to say I was wrong in my assessment of these ETFs and GLD in particular. I have not ever invested in any of these, only in a mutual fund that had both physical and miners stocks. Thanks …
@scott, Exactly. It is a contract of trust so to speak. The Federal Reserve is the same way except they can print more money which could have consequences. The gold bugs cannot mine enough gold to satisfy requirements in a short period of time.
The "paper gold" far exceeds the actual bullion that has been mined. Some feel if things were to go bad the holder of the paper might default. If there was a run on GLD next week, at some point someone would have to come in and either bail them or t…
Most of the mall-based Sears stores I know of are either at one end of the mall or are detached from the main mall itself. I wouldn't call that a prime location IMO. Maybe that is one reason investors balk?
Perhaps, but if one were to choose a good school like Stanford for example, economics would go a lot further than woman's studies. I do see your point though.
" 'Course, a large overhang of lack of desire also continues to cause problems for those not willing to really work."
Yep, a lot of people want a job but they don't want to work. Then they wonder what happened and why when they are laid off.
A b…
Bruce Berkowitz is married to this stock, something that was taught to us not to do. For the shareholders of FAIRX , it might feel like a shotgun marriage.
Some years back, I was in a conversation where asian women were buying gold as in gold necklaces. 18k and up are good and easily breakable if you needed a small amount for barter.
