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.
@johnN
You wrote about Paxlovid and then wrote this, "So many issue with that anti-HIV HIGH dose medication. Treatments sometimes worsen than the disease process"
What are you writing about? Are you writing about the horse meds that were discussed w…
@yogibearbull
Well, crap. The Paxlovid should do the fix. Glad for the scientists and the money that backs the medical projects.
Sometimes hard to sit still for awhile; but is good medicine, too.
Take care.
@Crash
But we're dealing with MACHINES, as always--- since we put THEM in charge. Oy.
You would have really enjoyed the 70's and 80's and some of the 90's with paper, snail mail and telephones!!!
Hi@Derf et al
A bond plan: Ah, yes. When rates begin to subside. So, I/we have to think we know and can witness as a meaningful shift and one that has legs, that will travel for more than 3 months. A tough task, yes?
The "immaculate" bond plan is…
The FED will need to pull back in rate increases, before they fully break the back of the economy, beyond timely repair. Their 2% inflation rate goal is but a dream.
Yes....to the yields. Fido MM rates are +3% for FZDXX.
Yes. I passed this write along to numerous folks in the email list. And the age of the cat....we had one until age 15 and another until age 19. And I'm sure Larry has had proper medical attention over the years, as needed.
@hank
The "R" you mentioned.......I was disappointed, too. The big money behind the other in that primary will have a "puppet" to play with, if there is a win.
For the majority, I see the Republican party candidates, at all levels in Michigan, to b…
Value investing. I can't comment from experience as we've not taken that path over the years.
This David Einhorn 3 minute video interview may provide some new insight for those inclined toward value investments. He's been involved in this world of i…
Hi Old_Joe
Thanks for sharing the write. I watched her speak several times on Bloomberg and thought that she didn't seem to have a practical thought in her head. She didn't seem to have any connection with the first plans that had been laid regardin…
@AndyJ
I watch Bloomberg, US; periodically through the day. When a topic is discussed or I see the right side "sidebar" with a story title of interest; that's when I do a search using BNN and then the best words I can use to find the story.
When I …
Apologizes, but I'm fully out of energy this too long of a day for me; but I have placed a search link for U.S. tech. legislation. Also,the BNN below is a link to Bloomberg Canada.
You'll find a variety of sources;some older and some more recent da…
If they were playing by the "old" cold war game board, Michigan would still have too many targets.
I'll borrow from Martha and the Vandellas lyric released in 1965:
Nowhere to run to baby, Nowhere to hide
@msf
Agree about some folks being a little twitchy about MMF. I've expressed to a few folks that if mostly government holdings in MMF's become impaired, there are likely other worse events in place.
I've not looked at a bank account contract (savin…
@msf
Thank you for your follow up information.
Michigan.gov inheritance tax
Michigan.gov estate tax
'Course, not everyone will have the same circumstance(s) in dealing with financial assets.
And no one should proceed without proper consultat…
@Sven et al
Available money market funds used by many at Fidelity, to park money, are:
SPAXX = 2.51% yield (no minimum)
FDRXX = 2.59% yield (no minimum)
FDZXX = 2.96% yield ($100,000 minimum)
Hi @msf
Thank you for your time and effort with the reply.
I'd already done research on this topic, and you've added further to the research.
Aside from any other conditions/circumstances; it appears that a Life Estate establishes a cost basis for…
Inflation, eh? Let us consider. Federal government monetary stimulus that was needed to help stabilize a very damaged economy (Covid); large demand/spending by the consumer, post Covid (expected, yes!), supply chain damage, Putin's war and China on …
If one is mentally and emotionally stable (a large positive asset in life and investing); determining how frequently to review one's investment positions should not cause a problem.
I/we worked hard for the money we have invested; and treat invest…
@BaluBalu
Some of the items @Anna has been digging through.
--- How many years does Irmaa last?
The Social Security Administration (SSA) determines if you owe an IRMAA based on the income you reported on your IRS tax return two years prior, meani…
@bee
Thanks for a re-do of Roth conversions. These have been discussed here for many years; but a good reminder for those who may not be familiar and new to this investment area.
@davidrmoran
I presume you're referencing, in part; a non-spousal …
What did you discover that was "significant" selling towards the close? With large percent moves up, it is normal and expected to find some selling; but I don't see any large % drops in the broader sectors.
Hi @hank
Who knows where this all leads? Not I. But if I were in charge of the world I’d push for a negotiated settlement. I suspect some type of neutral “buffer zone” might meet the needs of both sides.
Ummm, pretty much the bully outcome. The bul…
Hi@BaluBalu
Don't misunderstand what I wrote.......it was a general statement; but not directed toward you about your position regarding Ukraine. I'm in alignment with your position.
Since 2003, I've been fully aware of what Putin was putting in pl…
@BaluBalu
Individuals like Putin don't stop with "just a little bit". Button pushing for more won't stop. What's to lose???
Not unlike Hilter doing a bit of government rework for the country of Czechoslovakia in 1939.
Hi @yogibearbull
Strictly my humble opinion; but observing Wednesday's big positive pop in equity and bonds, shows me that there is a lot of money looking for the right excuse to buy.
OR perhaps the very large trading houses used the whack world …
@LewisBraham
Most people who are struggling will have to take the distribution. So, this is really another tax break for the rich in my view
Say what?
You suppose that the overwhelming majority of those required to take a RMD are rich?
As in really…
Added to my previous statement just above/prior:
ADD: that doesn't read properly.......screwed meaning; only relative to using an 8 ball for investing forecasts.
We're patient at this house and not short term traders.
@johnN
Friend say 10 trading days from now look very bad but 10 yrs from appears extremely rosy
That's one helluva forecast.
What's he/she smok'in these days???
I can't back any of that forecast, because when I bought my magic 8 ball years ago, i…
Hi @AndyJ
As FZDXX isn't a default fund for a core cash account at Fidelity, and assuming your current core cash account is SPAXX; you used monies from SPAXX to purchase FZDXX, yes? I will presume when you choose to move monies from FZDXX in the fut…
@AndyJ
Hmmmmmmmmmm...........does the snake's head of the T-clan have a connection with the real world??? Only to the aspect of any mafia group, in any country; only to full control. The words remain, as they did in the time prior to the 2016 electi…
@AndyJ
Yes, after the melt in September, 2008 into December; in particular for us, is that junk bond funds had taken a bit hit. In the darkest days in the winter of 2008 and into March of 2009 time frame, many junk bonds had a yield nearing 20% as t…
@johnN
Gundlach sees an easy way to make money right now, but that could change if the Fed cuts interest rates to zero.***
This statement makes no sense at all. If the Fed chopped rates today from the current yield, and bond unloading by the Treasu…
