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.
"Grass" is powerful!
Re-reading El-Erian.
TWO (2) current BIG items he spends a lot of space explaining:
1) The way Russia has been able to maneuver around Western sanctions due to the invasion of Ukraine.
2) Continued, unlimited aid to Israel, eve…
@crash and @hank, thanks for the clarification. Tactical moves does require larger % to make meaningful impact on the overall portfolio. Large move for us was to exit (most) bonds in late 2021. 50/10/40 stock/bond/cash work out okay.we will mainta…
@Crash said, I'm already at 61 stocks, 33 bonds.
Stock funds, right? How do you manage them? I am trying to considerate to less than 20 stock and bond funds/ETFs.
Just today, I rearranged the deck chairs, pulling about $7,500 from PRNEX and ad…
@hank Agree with you about the politics in between the lines. I think his macro remarks about the future connect to a vague but real diminishment of Western/USA power, economically and politically. I already spouted in here about it at MFO, before. …
+1.
True, @hank.
In January every year, I always pull a slug from the IRA. This year ('24) I've decided I will grab it from PRNEX. I'm thinking about the "opportunity cost." The yield on that pig is generous--- over 4%, but that's not all that I'm …
"Natural Resources" fund--- aka "energy"--- PRNEX is one I own. Not just oil and gas, but I suppose they are the ones which dominate. The fund is floating daily between a tiny loss and a tiny gain. Reflects my own results, due to the spot where I bo…
Well, if I throw anything into it, it will be because of the weightier bond portfolio, and less in equities. I can take advantage of Giroux's expertise, and still invest a bit more conservatively. Not going to give up PRWCX, however! :)
Still DYIN…
Guy next to me. Obviously not heterosexual. Fine. But he came equipped with every industrial-strength-aroma lotion and portion and cream and junk known to humanity. Including a small pipe for inhaling essence of peppermint. All of which give me brea…
S.O.B doesn't like my adblocker. Screw 'em, then.
Our biggest problem with the car on Oahu is the tires. Road crews leaving nails. Surrounded by idiots. Not to mention the time we had to jump-start the thing and get it to the dealer. Found out later…
22 Dec, '23:
A selection of slices from guests throughout the year. A summary, looking back.
https://www.bloomberg.com/news/videos/2023-12-23/wall-street-week-12-22-2023
And David Brooks, predictably, on PBS last night is 100% against the decision to omit the Trumpster from the Repugnant Insurgency Primary ballot. An "elite meritocracy class has taken over. THAT's why people are screaming, 'Populism.'"
First time I've heard him actually speak, in a conversation. Impressive. But I dumped Seafarer several years ago. And all the attention in China? Nope. Politically, by my own standards, China is uninvestable.
OK. But... delay, delay, delay, prevaricate, lie, misrepresent, delay some more and then watch the statute of limitations run out. This Orange Abomination needs to be in a prison jumpsuit. AAAAaarrrgghh!
Definitely belongs in OT. I appreciate hearing about this. I bought the audio version. Full of unsupported assertions / conspiracy theories / scapegoating from both the left and the right. Some pertinent observations as well. Liberal use of terms…
Sad truth, ya......... But when I read those penalty amounts, I took it seriously, because the Legal System ought to be representing a true and good purpose. I guess these days, the ought-word is operative. And yes, McConnell the pigfart stonewalled…
The states of Michigan and Minnesota have failed to pass the same vote. We shall see how far this goes.
The US Supreme Court now have a hot issue on their hands with DOJ Special Council Jack Smith request ruling on the absolute immunity question…
I guess you'd be right about the WHY re: how come gold is up. It never held any interest for me, especially now, after the passage of time.(That means I'm getting old.) The miners are too streaky and volatile, AND most offer no dividends. I have bee…
I continue to remind myself that my own very real past experience cannot be denied: Mr. Market ALWAYS overreacts to the news, whether it be bad or good.
I feel as if we are now living in two different countries... "theirs", and "ours". Other than commercial ties there seems to be very little overlap between the two. If this continues to evolve, I wouldn't be at all surprised to eventually see a semi…
https://thehill.com/homenews/senate/4366073-fetterman-says-hell-work-to-block-absolutely-outrageous-us-steel-sale/#:~:text=Sen. John Fetterman (D%2D,to%20jump%20up%2025%20percent.
Glad to see that.
That's a hoot you two. His problems are of his own making and overheated massive ego. He almost begs people to disagree with him so he can show off his temper and anger like a spoiled brat similar to your other idol. Obviously he or some of the peop…
"My biggest yield among my 5 single stock picks is ET, oil/gas midstream"
@Crash - and here I thought that you didn't care for the capitalist 1% raping the world for mere profit.
How sad.
Merry Christmas, OJ. You Biggus Poopy-us. :)
Anticipating PRWCX year-end payout. Already tucked away: PRNEX, PRFDX. And the monthlies from the bond funds. My biggest yield among my 5 single stock picks is ET, oil/gas midstream. I'd be glad to see management reduce debt, but in the meantime, th…
