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.
Only fanatics will stand in a line for a new phone. More sensible people will order it online. I agree that in striving to be thin and light they may have reached a point where it's not going to work. New materials? One can only get so thin anyway, …
This is not good at all. Combined with the recent news this is not a company I would wish to invest with. That is sad because just a few years ago Pimco had the perception of being a class company.
Our family used to do that too but the number of calls grew to the point that it was a nuisance. Like most, we started using call ID and the answering machine to screen calls. Last time I was home the average was around six calls a day. The do not c…
I think most are. The trick is whether or not you have a US address. That would be the key for any future expats. A US address and a US bank account. I've had no issues with Schwab. Expat for six years now.
Edit: I should add that filing a tax r…
@VintageFreak, You do know that when you pick up the phone to answer a telemarketer that call is time stamped so they know when you are home. They share that info of course so you will get even more telemarketing calls.
I'm not a railroad expert but they require different cars. Any delay in rail transport would be booking the train but I assume there is a schedule already in place for pickup at the terminal/elevator.
Warren must be smiling.
One index I have been following this year is the Russell 1000 Growth. I can track the index itself with IWF. Late last year I put some money in ACDJX and added a bit more in the spring. This one has done well.
The breadth of the market is not comp…
In 1965, the only people investing were those in suits flying across the country and around the world. At least that's what I saw on television.
The world has changed a great deal.
@rjb112, A lot of bond funds have been adjusting duration recently to get ready for the inevitable raise. While bond funds will go down I think it will depend on the managers. Long term funds are obviously going to get hit worse than short term. A…
The financial media will twist and turn this news as they have been doing.
The end of 2017 is a long ways off. The economy needs coddling beyond the current administration. Steady as she goes.
I have considered AAPL as the IBM of this generation. They create something you can see and hold in your hand unlike Facebook or Twitter or Alibaba.
Looking back on the Steve Jobs to Tim Cook transition, I don't think it could have been handled an…
"One common thread "I had no money in my 20's"
I certainly had no money for most of my twenties. The mid 70's were not kind to most people. Working a min. wage job compounded the situation.
It's not always dependent on the person. If the general …
Russia's equity markets must be very limited. Blackstone was quoted as saying they haven't seen any suitable investments there in the past three years. Yes, the sanctions must be having some effect, however indirect.
"I have tried to convey the importance of investing soonest to my daughter. And fortunately, think it has stuck."
"Teaching my daughter to save and invest wisely. She is in her early 20s and already has more money in her portfolio than I had in my …
A followup story reports that the iPhone that was dropped was not damaged. That kid better buy a case though.
http://www.stuff.co.nz/technology/gadgets/61369909/iphone-6-passes-drop-test.html
A large chunk of my twenties came around during the Carter malaise/depression. I'm not sure I could have done anything different. I did save money but around 1983-84 is when my saving took off and I started to check into mutual funds.
Until a few month ago I paid little attention to these funds. Since then I researched some especially Arnott and the RAFI fundamental index, in particular the offering from Schwab. FNDF. It's on my watch list.
Having more choices is always better.
"That's EXACTLY my point! guys like Monte Carlo read articles and believe them as gospel, then they want to pass it on as GOOD Advice, I think its misleading to dangerous "
I want to make it clear that I am not referring to MJG's viewpoint with my…
I have wondered about that in the case of bonds. The idea that bond funds lose value as interest rates rise is true but even now fund managers are making changes in preparing for that day. Nothing stands still. The initial response may not be what c…
Interesting perspective scott. My impression of this generation as limited as it be, is they are not following trends but rather are being themselves. I grew up when Brittania jeans were the cool thing. If you weren't wearing flares there was someth…
@Tampabay,
What MJG brought up are averages. There are always exceptions to those and your situation is one of them.
I believe a large number of investors start out with low cost index funds but as their portfolios grow and reach a certain size, …
Berkowitz has been hanging onto this loser for way too long. Besides, that money he invested in SHLD could have been gaining in something else all this time. This falling knife has two edges.
I haven't dealt much on that end with them. Their website is not very user friendly. When I rolled a retirement account over to them a few years back I opted to go with the brokerage to have access to other funds conveniently. There are NTF choices …
I wonder if Jack Ma has heard this famous quote?
"For over a thousand years Roman conquerors returning from the wars enjoyed the honor of triumph, a tumultuous parade. In the procession came trumpeteers, musicians and strange animals from conquered…
I know what you mean @scott. In somewhat the same example I alway enjoy the design and functional beauty of these iPhones and especially the 6 now. But for safety sake I purchase a case to hide the beauty but protect the phone. Our house has hard ti…
I have an account with Schwab and have gotten nothing but excellent service from them. On something simple like getting another debit card, it was handled promptly and the card was in my hands in a few days.
I also have a account with American Cen…
I don't think it is discussed enough either, especially the point Junkster brings up. By taking your benefit at age 62, you are spending less of your investments. Of course the market could go down during that time period but who knows?