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.
Reply to @Ted: My comment wasn't directed at you Ted but rather at pundit's in general. I honestly don't think that they have any more insight as to why the market does what it does than my trash receptacle down by the street where I generally file …
A word of caution on taking advice from GS
http://www.zerohedge.com/news/2014-01-07/muppets-crucified-after-goldman-closes-one-its-top-trades-2014-135-loss-less-week-20
And here's a look at the pipeline spills they not only don't but aren't required to tell you about.
http://www.theguardian.com/environment/2013/oct/25/north-dakota-oil-pipeline-spills-secrecy
Everyone can decide for themselves which spills are mor…
While the Keystone pipeline, if built, will employ a few people for a couple of years, before and after that only the oil companies who built it will benefit. It's dirty oil not destined for US markets most likely and the risks to a lot of prime far…
Reply to @MJG: I will not argue that a working knowledge of statistics and probability may enhance an investors chances of success but I will say that they are not absolutely required as you insist. I dare say that the world is full of successful in…
Could someone please link me up to the original conversation(s) where this group think business was first or previously discussed. I'd also like to know if Junkster was or is a trader by profession. Thank you
Reply to @BobC: Bob, it appears that he is targeting this advice as a 20-yr plan for investors in their 20's to 30's. For them I think the advice has merit and they can do without a bond fund until their 40's and 50's.
What it doesn't address is he…
Reply to @ron: Not that there's anything wrong with that fund but it's mandate "Schwab U.S. Dividend Equity is a dividend-focused ETF that targets high-quality stocks with moderate, sustainable income instead of high yield" suggests that the holding…
Seriously Max, listen to Old Joe. If I had to choose between listening between those guys, fox news or any tv reality(???) show I'd opt for just twisting my cork screw in my eyes.
Alex, please do let us know your methods for avoiding paying taxes for 84 years,
With respect to your original question I assume you're referring to k-1 forms. If that's the case then KMR would suit your purposes nicely. KMR distributes dividends i…
Reply to @Charles: Happy Holidays Charles! It was a few years back at Fidelity. While the official price for the premium service was &139-149/yr Fidelity customers could get it for $89.
There's an old saying, "it takes money to make money." The gist of the article suggests something similar. Once I acquire Mr. Buffett's money I'll be able to invest like him. Could be awhile.
Reply to @Old_Joe: Schwab, sure. Raymond James and Edward Jones, not in my lifetime. No way.
I use Scottrade but feel that their website is lacking compared to Fidelity and they don't have all the options available I want on equities particularly t…
Reply to @Maurice: As an extremely satisfied customer since the mid-70's my experience mirrors yours. I've never had a problem that they didn't attempt to resolve quickly and efficiently. No complaints.
Reply to @scott: Thanx. I kind of thought so but asked in case there was something special or something I overlooked about this particular issue. I can never get the 'trust, but verify' mantra out of my head.
Reply to @scott: I do look at them and own a handful. I'm curious as to why you chose this one out of all of the available preferreds out there. I get that it's selling below par and YOC looks enticing but there are better opportunities.
I hold min…
Actively managed or passive? Index or mutual? Honestly I think it's different for everyone's situation. But putting that aside I don't think that the size of the portfolio should matter nor do I think that having 2-3 or more of every category sprea…
Reply to @TNK: For penalties on excess contributions read here:
http://www.irs.gov/publications/p590/ch02.html
FWIW, I echo the sentiments of Mozart & Junkster. In addition to the tax-free compounding the opportunity to access the money in cer…
Reply to @scott: My biggest backup on KMI - Richard Kinder owns 240 million shares and hasn't sold one yet. Gotta wonder. He also has been grabbing the warrants with both hands when available. More wondering.
I don't know anything about Graincorp b…
Like rono and his pm's and despite being certifiably overweight already I bought more KMI on this mornings ridiculousness believing it to be no more then year end tax manipulations by other investors. Something tells me that Richard Kinder was buyin…
Reply to @rono: Jeez, you're a grouchy old coot but you couldn't pay me enough to be a cop in Detroit or Chicago. Fragging seems infinitely safer by comparison. However, "spiking" is just wrong and should be outlawed.
