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.
This is a mutual fund board rather than a stock board. With that said, natural resources could do well here going forward. (Coal etc) Green energy is in the doghouse especially companies that are being propped by Wash D.C.
I wouldn't make any dr…
Watch for a whipsaw here. The Dow futures were down well over 700 points during the night and have come way back. This feels like a knee jerk emotion based reaction to the election. Just like what we saw during the Brexit vote. Good opportunity to b…
Several days ago I posted a question here about the Schwab robo portfolios. The bigger picture for me is to get simpler. I have 9 funds currently.
Another option I am looking into is to make AOMIX my main holding ( I have a large portion in it alr…
One aspect of this that hasn't been mentioned are the people who run to the ER or MD for every sniffle or ache. That is a big factor in the cost of healthcare. People should be educated on when to go and where to go.
Spent my childhood Saturdays watching westerns and Indians scalping the whites. It was a simpler life back then.
https://m.youtube.com/watch?v=hc7HoWEk6y8
I found this graphic which is fairly up to date. Notice how UE rates jump once outside the Seattle-King county area. This is why I refer to this economy as a polka dot economy. Perhaps most states, especially in the west with one major metro area ex…
I believe we are at the cusp of widespread integration of robots in manufacturing, especially with humanoids coming online now.
There is a big difference in manufacturing labor between 1986 and 2016. People made widgets in the 80's. Today, robots …
I do not understand all the angst regarding Monte Carlo Simulation. It's a tool and a good one. Some are geared towards the consumer who wants a simple answer with minimal time spent. For a proper and accurate MCS, it depends on several data points …
I would suspect that a lot of people there do not use the banks. There were rumors at one point during the PIGS financial crisis that the govt was going to use some or all of that money to get out of trouble. Bank runs followed.
Great food though…
These latest comments reminded me of some more examples of how the middle class is being decimated.
Recently on Japan television, I saw a show where the topic was robots. In one example, humanoid robots were working on a assembly line along with h…
The middle class benefited from manufacturing and production jobs that could be had right out of high school. These were decent paying jobs too. Automation and outsourcing to other countries has pretty much eliminated those jobs. Many of the remain…
A former IMF chief and a bank chairman. This Rat Rato knew how to handle other people's money.
Indians did something similar with wet leather straps that tightened as they dried. If the ants didn't torture you enough, the buzzards would as they pe…
Many of those companies and more are included in index funds like the SP500 for example. In addition, I like to have about a 5% exposure in a global real estate fund to get exposure to markets elsewhere. My GRE fund is ARYVX.
These points come across as politically neutral to me. It is only because Giuliani wrote the book that is getting the cackles raised for some here. Suppose a liberal progressive wrote this? Would this argument still be happening?
Which of these po…
Funny how the left trashs anything from the right. Name calling, denigrating, it brings out the real person.
Thanks MJG for this thread. I will check this book out.
I favor paychecks over welfare checks.
If you have a iPhone, there is a plethora of apps in the App Store. Right now I am using Stockhawk which is a quick NAV check app. It also gives you total assets and the gain or loss for the day. The other one is Visibility. It keeps track of transa…
There are many apps available for iPhone/smartphones now that anyone can monitor their funds easily. I can check portfolio performance and allocation with a tap. The tools available to us now are incredible compared to when I first started in the ei…
Volatility and risk go hand in hand. Those who seek to reduce risk do so by reducing volatility.
@MJG, @Old_Skeet,
Spot on with both of yours comments. Risk does present that proverbial fork in the road.
I fired WFC years ago for fees they were charging on my fee free account. Charles Schwab bank has my business now.
Credit unions and small banks are worth looking into provided you perform due diligence. Also, some brokerages provide banking type …
Thanks for that Edmond. Fascinating read.
I have never gotten a clear answer on where the new jobs will be. Machines are taking over everywhere and in places we thought were safe only a few years ago. Fast food jobs? Nope, machines will do it all…
It must be that new geography? Back when I was in school, I was taught the same as Ted.
But, everything changed when "it all depends on what the meaning of is is".
