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.
I hear that Putin and the Greek PM have already spoken to each other. Russia wants access to Greece's ports. Nothing like having a fleet in the Med sea. I'm sure the rest of Europe and the U.S. are watching closely.
After a evening of thinking and research, I bought SBIO close to the open today. I have HQL on the radar and might pick up a bit of that as well.
This all came about because I discovered that the health care sector was a bit under represented in m…
I believe what Germany is trying to get across here is that Greece should at least take on some changes to reduce their debt. Otherwise throwing money at them will do no good and this scenario will play on for eternity.
Portugal has taken steps to…
I think I heard that July 20 is the next day that a payment is due. Maybe they will work out something before then.
Interesting how some of the media portray Germany as a bully. Germany decided they wanted proof that Greece was doing something abo…
"Why not HQL? Just sit back and collect the div. Can also invest in private companies."
Thanks @scott. I had forgotten about that one. Definitely worth a look.
I dont have anything with Fidelity but I use their fund quote page quite often vs M*. Schwab has an excellent website and I have accounts with them.
Edit: I do agree, the Fidelity website in general is not that great.
@TSP_Transfer ,
I have ROBO on my watchlist but I am surprised at the lack of interest. I sense this area will really take off.
In the biotech sphere I am looking at IBB and SBIO both of which have been mentioned here. Also a stock MDVN. Right now…
In the tax deferred account that I own individual stocks in, the dividends are not reinvested but put into a MM fund within the account. That eliminates the distribution issue before 59 ½. Also that gives me flexibility to reinvest those dividends a…
@JohnChisum
I wrote about the fantasy mileage tax to be lite-hearted for this topic area. I have not any plan to become involved in the virtue or otherwise, of some taxes. I plan to have a relaxing weekend.
Take care,
Catch
Ask and you shall receiv…
Greece wants a 30% reduction of their debt plus a 20 year grace period. The German markets do not like this at all.
http://www.bloomberg.com/news/articles/2015-07-03/tsipras-says-greece-needs-30-debt-haircut-for-sustainability
Peobably not too far off. Some states are pondering a vehicle tax based on miles driven instead of a gasoline tax. This came about because electric vehicles are getting free ride in that regard.
If they do make the switch, it's probably not that b…
What gets me is that the CEO said these mistakes were inadvertent. I wished someone from the press would have called on him to explain how. Scales are verified by the states weights and measures office. It is also something the consumer would have a…
You are welcome @MJG.
I wonder if anyone has ever thought of starting up a global CAPE fund? There is DSENX for the U.S. markets but I could not find anything for international other than the ETF example above which would be time consuming for mo…
Once again thanks @bee for that link to the teleconference. It was well worth the listen. I was able to compare my portfolio to their examples and I feel I am on the right track for the most part. Low duration and active management on the bond side …
That has been the trend for a long time. The politicians like to take credit for something that is beyond their control. They don't tell the entire story to the general public. That would spoil their self imagined legacy.
Then there is the fact t…
Here is a link to a Daily Mail article dated Sept. 2014, that shows an example of a global CAPE strategy using single country ETFs. Meb Faber has done a lot of work on this principle.
It is probably too complicated for most investors.
http://www…
This Greece saga is the best soap opera running right now, though Whole Foods and their finger on the scale miscue might be worth watching as well. Some interesting reading here.
http://www.zerohedge.com/news/2015-07-02/did-imf-just-open-pandoras-…
The latest news from Bloomberg HK reports that the Greek finance minister wants debt restructuring as part of a deal. If the vote come back yes, he will resign.
This just keeps going on and on. Asia markets paid no attention. They were all up exce…
Thanks for the clarification @msf. The reason I remembered Safeco was that they had the naming rights for the Seattle baseball stadium. They still do but there was a moment that people thought the name would change.
Yes, American Century uses the …
Safeco was located in Seattle and they had some funds. I think they were bought out by Liberty Mutual some years ago.
Also the Benham Group was located in San Francisco. A well respected bond group, I bought in their GNMA fund way back when. They…
