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JoJo26
Making tactical asset allocation tilts is not market timing.
After today junk bonds will be less than 1% from all time highs. Junk went to all times highs in early February and the S&P followed a few months later. After a brief decline in both markets junk again went to all time highs with the S@P follo…
I would buy bonds at this moment instead of using cash. Practically all bonds (except for high yield) are doing very well now and YTD.
That's great investment rationale..... They are doing well now so let's buy! LOL
"For every dollar brought in by the new tariffs, a dollar has been authorized to fund rescue programs for farmers who have been harmed by retaliation from China and other countries. The U.S. authorized $12 billion in farm rescue funds in 2018 and an…
There is always and opportunity somewhere. Yes, even in a recession. That's just stating the obvious. However, broadly, investment managers have been complaining for years about finding it difficult to identify value.
Today the market is expensive and the earnings have been deaccelerating. Money managers I follow are having difficulties finding compelling stocks to buy.
They've all said this for years.
You're already underfunded. Make money. There is a fiduciary responsibility to the participants. It's immoral to mortgage the future financial well-being of others.
“This comment has more to do with social security, which needs major reform.“
I’ll submit that the overall increased drag on an economy from an aging population goes well beyond Social Security. For one, it doesn’t take into consideration the costs…
But aging populations in general face the problem of too few young workers / tax payers helping support too many retired people (perhaps over simplified).
This comment has more to do with social security, which needs major reform.
@Old_Joe - I am. IMO, millenials, in general, are not financially adept. I'm speaking anecdotally, but I have quite a few data points to go off of. I believe this for a couple reasons (there are obviously exceptions, but from my experience this is t…
@Ted: Can you please clarify whether no one can respond to catch22, or just MFO members? If it's just MFO members then maybe I can talk to him after all, since you also kicked me out some time ago.
Regards,
OJ
@Ted - Crickets
This is a negotiating tactic for a better deal with China. We've been getting shafted by them for a long time now and it needs to end. I applaud the administration for attempting to do something all others in the past have quite frankly been scared …
How much of the tariff induced cost increase in a product does the consumer pay? Like @JoJo26, I think it depends. If its a generic type product with unlimited non-Chinese sources and/or close substitutes, little to nothing more. If its a highly …
Nobody knows. It will be a combination. Not everything will be passed through to U.S. consumers as all of the Dems are saying. It'd be ridiculous to think so.
Direct deposit is the way to go for me from now on. I moved & when my tax man imposed the two addresses I was told to talk to the mail person to get my refund.
To say the least it did work !
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I did. If you arbitrarily exclude one group of what you consider to be "outliers", then it's only reasonable to also exclude other obvious "outliers". In other words, the point I've been attempting to drill through your brain is that this entire sub…
The point I've been attempting to drill through your brains this whole time is that adding in taxable accounts isn't going to change the overall picture... Those with limited "retirement" savings in tax-deferred accounts surely don't have (material)…
@JoJo: I've invested in taxable accts since I was 18. Moreover I (thankfully) did rather well in choosing employers during the Dot Com era, and while I'd have loved to throw the whole bunch into a tax-deferred account, IRS rules don't allow that.…
If they are only looking at 'retirement' accounts (ie, tax-deferred ones) that could be skewed reporting ... I wonder what that looks dismal outlook would be if you include people with taxable investment accounts as well. To wit: much of my futur…
That's what you get with less liquid underlying instruments... Honestly, a daily liquid mutual fund probably isn't the best package to offer a strategy that is largely structured credit.
If the fund gets larger and then subsequently sees large red…