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.
Not a bet on anything- just maintaining a reasonable overall inflation protection. MMKT = 56%, Fixed = 44%. Incoming pension & SS are sent to MMKT, transferred to checking acct as needed. Always an annual surplus of income over expense, so MMKT …
Never get involved with other people’s kids or their money. It is a thankless exercise. I think school teachers are brave.
At the same time know that no one takes care of your kids or your money like you would. So, if you trust these to other …
Good thinking, @hank.
....I thought I might just express this: I'm allergic to taxes. With profits on domestic investments, I can choose zero withholding and it's simple. My foreign holdings (from time to time) all wanted to grab a percentage from …
all the great trips they were taking on their home equity.
OMG!
Ya, since 2010 I've babysat a colleague's portfolio. Pretty plain vanilla, all $$$ at TRP, still. I moved my own to uncle Chucky. He and many others were getting shafted by another col…
https://www.stockrover.com/world/insight/summary/Quotes/ISPY
(Doggy poopies! That link does not let you hold that particular security. Just type it into the search box.)
"Derivative income" style. Enough to scare me away. Remember The Big Short.
P/…
You don’t have to be crazy to think this way, but it helps.
No joke. At every turn, more and more absurdity faces us. Will we ever get back to normal? The majority of voters are ...... dolts.
You'll just have to imagine the single ear. Pick right or left side. The choice is yours.
https://media.istockphoto.com/id/1294900929/photo/blue-round-circle-with-a-happy-or-smiley-face-icon-on-it-against-yellow-background.jpg?s=2048x2048&w=is&…
@Crash, please do not re-watch for my sake. 5 day old macro is as actionable as a 5 day old fish. Besides, next Friday is around the corner and we will get a new episode.
I forgot, are you entirely at Schwab now? Their fixed income desk is at 8…
Re: 03 Jan, '25:
Expecting elevated volatility, uncertainty. The 2-10 year spread is at highest in over 2 years. Due to fiscal concerns. Davis (BMO) likes relatively attractive current yields on both Treasuries AND corporates. He's adding duration. …
@BaluBalu ok, I'll re-watch and attempt to summarize. My main takeaway was from Earl Davis of BMO, as referenced above. I don't buy Treasuries directly. Input from here at MFO some time ago warns that the gummint's website is awkward and clunky. I o…
Matt Wuerker, a Pulitzer Prize-winning cartoonist for Politico, called the decision to kill Ms. Telnaes’s cartoon “spineless,” adding that the storied Post cartoonist Herbert Block, known as Herblock, and Ben Bradlee, a former editor of The Post, we…
If workable, legally sell the house to a relative or trusted friend & live on mortgage payments. Terms could be mutually beneficial.
That sounds just plain brilliant!
https://www.bbc.com/news/articles/c86w2evj05do
Richard Forno, assistant director of the University of Maryland, Baltimore County Cybersecurity Institute, said the Chinese efforts were being directed at a variety of targets.
"It's more generic infor…
Held back one-tenth of the scheduled January withdrawal and put up a limit-order on the Latam commercial bank I just switched into. Today's rally blew past me. Nice to see, but I'll have to cancel or adjust the Order. BLX was up just today by over 3…
Planned early January annual chunk taken from the portfolio. This year, it's bigger: sending the (foreign) niece to go to school (and eventually permanent immigration) in Australia. Nice to be able to do it. The satisfaction is worth more than the m…
It's another symptom of our nascent banana republic status. I'm going to check my daily mail, right now. I must take the elevator down 3 floors, to the locked, secured lobby. Allegedly, my passport must be SIGNED for. Registered Mail. But I'll be gl…
My son just turned 31 and I'm recommending 100 percent stocks for him until he gets to age 50 or so.
SCHD, I note from your list. If you're taking dividends, be sure to reinvest them. Otherwise, just choose funds which do not pay dividends. But re…
Hello. Perhaps just edit your posting down? Condense it, make it more sharply focused? What are you seeking, exactly?
any input on narrowing down my portfolio funds would be greatly appreciated
But then there are dozens listed. Do you own them all…
@BaluBalu
Noam Chomsky, "The Common Good:"
The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum – even encourage the more critical and dissident…
