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 @Old_Joe: It's far better just to enjoy the view anyway. BTW - I like what you did with the Bay Bridge. Back in the day I could see it clearly from where I lived except when the fog was in of course.
If all you're after is the income I agree with him. If you can buy high quality (read: primarily blue chip) stocks at reasonable valuations providing better income returns then I agree with him.
Assuming you're only talking about energy MLP's then add KMI to your short list. I personally don't believe that mutual funds return enough of the generated income to shareholders so I would focus therefore on CEF's. There are plenty to pick from wi…
I've been a builder, remodeler and home inspector for over 35 years. There's different advice for purchasing new vs. older homes but you can get a lot of good, general preliminary information here:
http://www.realtor.com/home-finance/buyers-basics/…
Expect bamk runs, Spain most likely, followed or in conjunction with Italy. It was a stupid, stupid, stupid maneuver/decision.
Those with dry powder might want to get their ducks lined up.
No one will have a better answer than you. In fact, you will get probably as many answers as there are investment plans, reasons for investing, ways to invest, funds or stocks to invest in etc.etc. etc.. The simple fact is that we all are at differe…
said nearly every market pundit ever and pretty much for the last year or so. What we need is for one to tell us exactly when that's going to happen. Until then I'll just watch the tape and be prudent.
Reply to @Investor: I had no trouble accessing the linked document. If you want to see if go to the front page of Yahoo Finance or google this title "For the middle class, expenses grow faster than paychecks."
I think we are in agreement especially…
That doesn't mean however that the cost of food hasn't gone up. It might just mean that the cost of everything else has gone up even more taking away from the income pile one might have used to buy a better grade/quality of food (e.g the chuck roast…
Reply to @msf: Priceless indeed!! And yeah, the article title is a little off and even the pie chart title does say 'financial' assets. It's hard to believe that all the buildings and structures could be replaced for $1.26B; Bill Gate's house cost t…
Reply to @rono: You're going to have to help me out here old friend because I don't understand how that would be a good thing. If you can't pay your loans (speaking as one who had them and paid them back) then you should have to perform some kind of…
I think you may have tried to read too much into a simple depiction of the wealth distribution across America.
“The video deploys a series of snapshots in time to develop its position. That would be a perfect approach if the population being evalua…
OK, so the article says they sold the initial shares at $30 each and the M* quote I just saw was for $36.83. It also shows a 12 cent dividend paid in February and another coming in May. Huh?
Reply to @msf: Phew! I always hold my breath when I see you respond to one of my posts wondering what idiotic thing I might have said. You are always so thorough and succinct in your replies. Thank you for not ripping me a new one even though I've p…
Reply to @clacy: How about this clacy just for baby step starters. If we're going to give away all sorts of perks and benefits to businesses and wealthy via the tax code then lets see all those jobs they are supposedly creating. That's their cry and…
Reply to @Charles: Buddy you have to stop cluttering up this board with this inflation nonsense. In arriving at inflation data the government has determined it's not as bad as your eyes, and more importantly your pocketbook, would have you believe b…
For the most part I am just sitting tight neither buying or selling. I have stopped DRIPing into certain select issues choosing to accumulate cash instead for the time being.
Reply to @Anna: A little perspective but you already knew this - "Student loans now total over $1 Trillion as our public and private universities and colleges took advantage of the easy money available to students for education. At UW Madison for ex…
Reply to @clacy: You're not answering any questions. No one, especially me ever said wealth should be distributed evenly. Equitably would be nice. What I find offensive is the glutteness appetite of the uber rich to the detriment of the working clas…
Reply to @clacy: There was no intent to start a war and I'm not sure who 'this guy' is. I thought it was an interesting set of figures. If you have a different set I'd like to see them.
Reply to @Charles: even harder to believe is the sheer number of individuals investing in this number of funds, from that many fund families on the advice of that many advisors with a preponderance of evidence suggesting that it is all hopeless beca…
Thank you everyone.
Some context - I was looking for a number more steeped in reality after glancing through an earlier article (and many others written before it) where it was stated that very few actively managed funds are able to beat the S&…
Reply to @Art: Again, I'm not totally sure but that seems more reasonable assuming the "distinct portfolio" qualifier. It still seems like a ridiculous number but it is what it is.
Reply to @Charles: You sure? Something tells me that figure represents the combined total of all mutual funds available which is why I asked the question in the first place. Per my example the American Capital Income Builder fund should only be coun…
Reply to @MikeM: I can see that, I guess whatever works. Ingenuity and the "greatest generation" indeed! Just between you, me and the lamppost I'm fairly certain dad would have drunk his beer flat if he had to, but hey, party on!
