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.
You'd think, or would like to think so, but recent experience demonstrates how wrong that assumption could be. I'll try to explain.
Much like I have recently done a friend was in the process of buying a home in a state to which he wanted to move. H…
@BenWP who said "This is flying in the clouds with no instruments and a radio that sends out contradictory directional advice."
I hate when that happens.
@ FD1000 - I beg to differ:
° Of course his answers are semi-political and vague. One look at the grand orange poobah standing off to the side glaring tells you all you need to know. He tries to give smart, insightful and intelligent answers with…
@Charles - you mentioned "Our friend Junkster always touted the importance of having predefined "exit" criteria. He was/is a day trader so he watches for instabilities typically in price movements of what he calls "tight channel" funds. If he sees t…
@Sven - I take it that you have read sma3's remarks pertaining to Quicken. I really can't add anything to that as I use it nearly exactly the same way.
I'm sorry, my apologies re: the pension. I din't expect to be taken literally but I should have known better with this crowd.
Frankly I'm of the opinion that Dr, Fauci performs his duties despite any adulation or compensation he might receive becau…
From the article: "Dr. Arabia Mollette, an emergency medicine physician at Brookdale and St. Barnabas Hospital in the Bronx, say she now works in a "medical warzone."
"We're trying to keep our heads above water without drowning," Mollette said. "We…
UPDATE with a focus on PCI & PDI
PIMCO CEF Update | It's 2008 Redux
Summary
° The PIMCO UNII report showed some modest progress on coverage and UNII levels.
° Obviously, the traditional looks at this report are less important given wha…
I would tend to agree with his thesis and have begun to transition my portfolio along those lines. I am for the most part a 'dividend growth investor' holding perhaps 15-20 individual dividend paying securities of the buy-and-hold type and not as tr…
@Anna - I can neither confirm or deny this snippet from Barrons:
"Pg 35: Many companies have cut or suspended dividends [MAR, F, JWN, BA] to conserve cash in anticipation of revenue and cash flow declines. But some financials, healthcare [CVS] and …
And I'm still failing to see your point. His client's can see the portfolios you refer to and can judge for themselves whether to stay or go. He's under no responsibility to share them publicly with non-paying interested parties such as yourself muc…
What's your point? Do you know what's in his portfolio's and in what proportion? Did you just pluck 3 PIMCO funds to make your point with a smiley face just to gloat? Do you think all portfolio managers should have sold everything to cash when you d…
He ignored the Puerto Ricans after hurricane devastation and nearly nobody resisted.
He separated and caged children on the US-Mexican border and nearly nobody resisted.
He abandoned our friends the Kurds and left them to die and nearly nobody resis…
I haven't been able to find a clear answer on that yet Anna. Here's what Dardens CEO had to say:
"CEO Gene Lee said the company has holding discussions with the White House and members of Congress about a plan to keep workers on its payroll and use…
Of course he would. He wants money for his hotels, resorts, casino's and golf courses. I also bet that the first check written is to him. I have no proof. Just me ranting on this seemingly never ending nightmare of a presidential administration and…
Yes, at least that's the way I interpreted his article but I'll reread it and correct my statement if I was wrong. He seemed to be saying that this is as bad as we're going to see it and readers would be missing a golden opportunity by waiting longe…
Hi David,
Thank you for asking. I learned about them through Bruce Springsteen and others who were major backers at the beginning. People going hungry around the globe when there is so, so much food going to waste is just appalling to me. Also, bes…
Too many unknown to even consider that SA Pollyanna view. I'll wait for Mr. Price to weigh in and I'm willing to miss the absolute bottom to do so. Hopefully by Fall the smog will start to lift but until then I'm willing to accumulate cash to see wh…
Just so it's clear to those unfamiliar with CEF's - not all CEF's are bond related. There are equity CEF's also. It doesn't seem to matter in the current market environment but they are different.
"... not a single equity sector generated a double-digit annualized return over the last 20 years, nor did any major asset class."
Letting that sink in a minute. That's harsh Dude.
As of this moment my position constitutes about 1.5% of my total portfolio roughly the same as 2 weeks ago. I can allow myself to ride along for awhile. Here is where confidence in one's active managers comes into play and where Bob C would usually …
Some "unknowns" that are making life difficult for the MBS trading gang as well as their risk managers and middle office mark-to-market folks...
We know that mortgage refi applications were surging in response to rapidly dropping rates, but how man…
