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.
Re: the National Debt. Anyone read the 2016 novel “ The MANDIBLES” by Lionel Schriver? Set in 2029 it depicts the results of the debt crisis. Hint. It’s not good. Going to pick it up at the library next week.
@mona. I was thinking the same thing. Our Medicare Advantage plan went from zero to 48.00. I am the kind of nerd who thought about how to calculate the rate of inflation. And don’t forget the increase in co payments, although I will never get sic…
I don’t really know, but if soldiers are paid with money from secret private dudes does that make our military nothing more than mercenaries? They already are engaged in extra constitutional actions and now they will be bought and paid for by a secr…
And as I have said before,,, half the country can’t get enough of his shit and virtually all of the elected repugnants rubber stamp his crime spree. Please give me one reason to have hope for our democracy.
@crash. My three guiding thoughts are: don’t lose money, less reliance on the US and fewer moving parts. Heading toward the classic Boglehead three fund portfolio. Not there yet. .
@sven. That’s exactly where our house is investing. We are not adding anything to US equity and working towards 50/50 or even more ex US than that. I keep going back to a two fund portfolio of Dodge and Global Stock Fund and Dodge and Cox Global B…
@Sven. Moving overseas? As in global stocks and bonds or moving capital offshore? We were living in Mexico a long time ago and one of our ex pat buds decided to become a peso millionaire. He was attracted to the seemingly high interest rates but…
@Hank. That enterprise that allows folks to tap equity that probably don’t even have is among the most disgusting exploitation of the working poor I have ever seen.
Dodix ,,, over 37% securitized. Vanguard Total Bond. Over 21%. Two biggies of the managed and indexed bond mutual funds. Know knows what sort of garbage lies in those tranches? The ratings of the funds quality has to be taken with a big grain of…
@WABC. The standard issue , generic bond ETF is 25.42 % “securitized “. You gotta go outta your way to avoid that stuff. Have you paid attention to an auto loan failure of last week called Tricolor? Wonder how many bonds funds were holding some o…
@PopTart. The signs reflected the hopes and fears of everyday Americans. I couldn’t help but notice one sign that simply said, “WE ARE SO SCREWED!” Maybe? Likely?
MASSIVE, MASSIVE turnout in Sacramento at the Capital. The tone was not so much no kings as no dictators,,,,, as it should be. Orderly, peaceful and not a cop to be seen.
@David. Shit ,,, I can hardly wt till I am 78. Another thing about being of a certain age is that , at least for me, is that communications with my peers is at about health or changes in health. Health first , the regime second and never about m…
@Fd. Maybe millions of Americans aren’t complaining as much as worried about the future of our democracy……..if you like what’s going on now you must have hated what came before.
@Old_Joe. Just got in the que for the on line version. Alameda, contra costa and Sacramento library systems have 8 copies and I am #86. The next depression may have started by the time I get it.
@Mark,@hank. Side sleeper here,,, bad left shoulder and bad right hip. Nowhere to turn to…plus my cat has something to say about how I sleep as well … seriously this all started since I turned 76.
Think about the impact a brain addled madman has on the market the last two days. Who sez politicians don’t move mutual funds. Or: if he couldn’t post and couldn’t speak what would the markets have done Friday and today?
@ Crash. Antihistamines are not decongestants unless in a combo med. Decongestants have serious warnings for gentlemen of a certain age. A nasal spray would have less systemic adverse side effects than a pill. Disclosure: not a medical profession…
Seriously,,, how many more bad days leading to bad decisions leading to worse and worse outcomes can this country take? Or,,,how long till the blind 45% open their eyes? Sure, he tells them it’s ok to hate the others but when they can’t afford healt…
“How do these guys maintain even a 40% approval rating? That’s really the question, isn’t it? If institutions of higher learning still exist in 2057,,, answering that question would be a great topic for a history grad student paper.
