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.
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Anna
That is Pepper, my cocker waiting for the mailman.
What gives cryto its value? What gives it increases or decreases in value? When I buy at $1000 and sell at $2000 without visible productivity or profit other than new buyers, doesn't the money come from new buyers? Is it the world's strangest Ponzi …
@bee - Not really important and I just realized that my comment disrupts the discussion started by the OP but didn't IBM gradually become a lagging follower and not a leading innovator?
Do big techs like these provide the innovation necessary for leaps to future tech or are they too invested in their lead in todays aging tech with its lucrative ads and subscriptions?
I keep getting money building up in my bank account. I finally gave up on trying to figure out a "good" place to move it and last month decided just to move it to VTMFX for no good or bad reason at all other than it is after tax money. Maybe it is n…
I've had complaints about condition-on-arrival get accepted in the reviews section. I didn't mention the company but did mention the damage. Many people do this and attach pictures of the damage.
Also send in a complaint about the company and their…
And, when they spend that money on things enabling candidates in the next election, it is found money; found in the American public's tax revenue and, ultimately, the United State's debt obligations. Unlike water, money flows uphill and, seemingly, …
I see taking exception to the Studzinski-Royko anti-gov malarkey has been deleted. What's the thinking behind this?
Mine too.
https://www.mutualfundobserver.com/discuss/discussion/58310/studz-shows-colors-at-last#latest
The biggest reason why mutual funds are important...MFO would have to change its name. Maybe to ETFO?
It survived the change from FA(Fund Alarm) to MFO.
Funny thing about that - I still say Fund Alarm when telling my husband something I read at MFO…
Miracle water made me a millionaire. That's all the "investment" Jesus requires - a tiny plastic bag of miracle water. (and a postal worker to deliver it all)
Spectacular. Last time I visited Disney Land only two security guard were killed by the tourists and those two got up to be killed another day. Disney kids cannot begin to compete with the Capitol tourists on 1/6.
We have some very sick people get…
@bee Since you are on the subject of value, what non-psychological, non-casino, non-mythical tangible product, service or utility gives bitcoin its value? I just don't get it. Yes, still after all this time don't have a clear coherent explanation fo…
The base will cheer it justified by the Congressional Black Caucus. Interesting times if they pull off a black supremacy analogy that obscures the black justice agenda.
@davidmoran - All I meant was that until a worker's wage catches up to the inflation the worker will be "stuck" at a lower purchasing power. The article didn't say inflation would go down, it said the pace of increase would go down.
Future inflation comment from whitehouse.gov link rise modestly due to the three temporary factors we discuss above, and to fade back to a lower pace
Pace means rate, so the key is the "rise". If the rise leaves workers behind, however good a lower…
Obviously the Christian God sends plagues to race select and preserve the balance of white men in positions of wealth and/or power. The dead were called back to God or the other guy. Why fight it if you think you are being aided in your preeminence …
Yes, absolutely. Those forty-three Republicans sold their souls to keep their jobs. Not many of them could find honest employment elsewhere.
I thought about this yesterday when I heard the inevitable and saw my Southern raised family lament the wast…
Well, the list of main enumerations:
How COVID 19 will change aging and retirement
1. More will age at home
2. Older people will benefit from a technology boom
3. Lifespans will decline
4. We will have a better handle on what we want to do with our …
My husband and I actually have an appt Saturday for our first shot, second toward the end of Feb. However, both of us are in the vulnerable category and I requested my doctor get me on the list early. Now, we will see if they still have vaccine Satu…
I used to buy one ticket when the jackpot got big just for the fun of it. I quit after my husband started buying them for me. He just couldn't buy just one but would purchase 5 or 10. Somehow it wasn't fun anymore for me.
My BIL called this morning and said he just received his 2nd stimulus but it was not direct deposit or a check. It was a debit type card. He doesn't know why but was calling around warning people that if they receive the same, don't throw it away. O…
That is why we have history class in high school.
Variations on the repeating-history theme appear alongside debates about attribution:
Irish statesman Edmund Burke is often misquoted as having said, “Those who don’t know history are destined to…
I can see people who can't read relying on Fox news hosts to read to them but you don't need to read to recognize the absolutely absurd, or do you? For example, a US wide conspiracy of local, state and federal courts to make sure the vote count in s…
@Baseball_Fan I know what to say: The police in the nation may, rightfully or not, have their twit in a twaddle but if that means they don't have to do their taxpayer paid jobs, then they should take their twit to the twaddle hole instead of putting…
If you get the deposit on the 1st of January, 2021, is the income it ultimately is tested against income in 2021? My tax program claimed more of the 1st deposit by applying the income test to 2020 where RMDs were waived. 2019 income was originally u…
@rono I was impatient but I knew you wouldn't let us down. I look forward for your Christmas singing reindeer and Santa Claus. Merry Christmas to you and yours and I hope the new year marks the beginning of your best year or one of your best years.
