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.
@hank - your post is a bit confusing. It seems like you are suggesting that some RMD funds be withdrawn from a Roth account to minimize the tax consequences of other funds withdrawn from traditional IRA's. Is that correct? If so, why would one do th…
And that's precisely the predicament we find ourselves in Ben. What we have is an angry guy with very little to absolutely no sense or intelligence who just wants things his way. Privileged and all like that.
Correct AndyJ.
Subtract out the top 1-2%ers and get back to me. To be clear, SO much wealth is held in that top bracket that any reasonable data crunching will be skewed far out of true reality.
I think my IQ drops 50 points every time I hear/see this dolt. How do people support this guy? He doesn’t talk in complete sentences and what he says is incomprehensible. My eight year old grandson can form complete sentences and make sense.
I believe that both risk tolerance and eventual purpose of the windfall were addressed in the article but only ever so lightly. I'm also unsure of what a MIC is but I'm not going there.
Near as I can tell the three featured funds seem to have the same top-10 holdings only in different order. Easy to see why they might lead the sorted pack when ranked as described above. Sometimes all your cylinders fire together.
M* Closed End Fund discussion group comments on DSL albeit a month ago.
https://socialize.morningstar.com/NewSocialize/forums/p/385305/3954553.aspx#3954553
Mike - I believe he left (deleted himself) because of the T bashing.
Hank - my only reason for commenting was a roundabout way of saying that most readers here probably do not use/invest in hedge funds. I do however follow a few of the managers of …
Who invests in hedge funds and why?
https://www.thebalance.com/who-invests-in-hedge-funds-and-why-3306239
Doesn't appear to be your average, everyday investor except by extension (i.e. pension funds, unions).
I agree with all that you said catch. Australia is pretty much a no go as well visa wise. Believe me when I say that I've searched all manner of possibilities to move either there or NZ.
By 'social media' they referenced sites like Facebook, YouTube, Twitter et.al. as I expected. I noted 'no surprise' because even at 'social' gatherings such as dining, concerts, entertainment events etc., etc., peoples faces are usually glued to the…
TDF - Templeton Dragon. China has been taken behind the woodshed. Like Poland above I don't know when it will rise again but I don't believe that it is going to disappear. Matthews has a China fund as well and I'll have to take a look at that.
Also…
@catch22: Thank you for chirping in on this topic. By nonsense I was referring to the possibility that the documents created on these sites wouldn't hold up under legal/judicial scrutiny. I understand that they probably are unable to address every p…
There is also the little matter of the history of family longevity. Males in my family - 75 years or less. Needless to say I took SS as soon as I was eligible with absolutely no regrets or second guessing.
I certainly don't trust them. It would appear that banks can pretty much do whatever they want and walk away with little to no punishment and most certainly no personal responsibility whatsoever. There's that and they never quit asking for more.
Some answers maybe.
1.) Do members of Congress have security clearances?
https://news.clearancejobs.com/2012/05/16/do-members-of-congress-have-security-clearances/
2.) Need to know? From Wikipedia
"In the United States, a security clearance is an …
Hank you said "Frankly, I wasn’t aware every member of Congress can gain 100% access to top secret information until you brought it to my attention. With over 500 active members of Congress and hundreds more now out of office (some perhaps serving t…