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.
Support MFO
Donate through PayPal
Derf
davidrmoran : No need to send billing, it's the amount that caught my attention!
@hank ; I was wonder if the article,From Randall W. Forsyth - Barron’s April 26, 2021, had anything to say about union pension funds ? My local union has been trying for a number of years to raise the total funded % up. It seems at contract time mo…
I came across an article in Wed. WSJ where companies were paying tree producers not to cut their trees due to carbon credits they could use. Probably adding to cost of lumber.
Derf
@hank : Is it possible that Uncle Wally cut the staff while raising the wages ?! Same thing in local Walmart, self checkout backed up three or four deep while 2 other checkouts going.
@Crash : Glad to hear you got out for a nice meal. Uncomplicated…
@Mark : I had to check that price out . $10.23 with 11% off, that comes to over $11/2X4 stud - Not treated !
I wonder what steel studs are going for ?
Derf
…
As long as interest rates stay low, home building will continue, at least in my neck of the woods. It seems that apartment dwellers are buying homes. Young couple I know ask to be left out of their lease 2 or 3 months early as they're making house p…
@hank : PRSIX appears to be holding close to 13.5 % cash at this time. Is this a (normal) % for cash or are they building some dry powder ?
Just wondering , Derf
@catch22 : I assumed & I'm sure you know what that means ! I was thinking due to Mr.Market hitting new highs , older investor were taking 2021RMD's recently. I have a "taxing" question on RMD's , but will start a new thread on that soon.
…
@hank ; my best guess 2018.
The S&P 500 Price index returned -6.59% in 2018. Using a better calculation which includes dividend reinvestment, the S&P 500 returned -4.75%..
Not that long ago, Derf
@fred495 : Thank you for chiming in. I recently started with a minimum deposit & within a few weeks added to the fund . I will DCA when market cooperates.
Stay Safe, Derf
hank said , " I don’t find Price’s or others’ curbs particularly onerous; however, a way around the limitations would appear to exist in substituting ETFs for traditional funds."
Along comes a tax on each & every trade ! Hope I'm not around t…
So it would seem wise to have a pot of $$$$$ to draw from when Mr. Market doesn't cooperate. If one could cut their spending (budget) The pot could be reduced .
Happy Easter to All, Derf
P.S It would seem …
"Let’s face it, in today’s fast-paced markets, it isn’t enough to simply look at our portfolios every month or even every week. We can’t simply buy, hold and hope. That’s why the new site will offer these unique features:"
Is this link a belated A…
Now I know where all the furniture went, up in smoke !
https://www.politico.com/news/magazine/2021/03/26/biomass-carbon-climate-politics-477620?utm_source=pocket-newtab
Stay Safe, Derf
''To answer your question ... I don’t bet on the local teams. And rarely watch. Best not to have any emotional attachment if wagering. Can cloud your judgement. Since the sites generally allow betting and cashing out as often as you want during the …
@hank : " That said, I’ve enjoyed a few NCAA games this winter I wouldn’t have otherwise watched without a few dollars riding." Mich. - Mich. St. ? Izzo in a play in game !! Hard to imagine.
Mich. looked to me to be a final four until the in…
From above post:
The first one invests in companies that produce or sell inflation sensitive products (ie: lumber). It is up 46% over the past year.
If inflation takes off , will the building of new homes continue as it's doing now ?
…
@carew338 & @Old_Joe : I think I found what I was looking for on DCA. Only the comments were for a falling market & I was wondering what the options were for a rising market.
About 4 months ago I took about 8% of portfolio value & put …