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.
Leaving out Tillinghast and Danoff is a nonstarter for me. Then again maybe it's a clue that these two might be getting set to hit the retirement highway.
Agree PRESSmUP. Are you really part of the resistance if you continue to accept this abominable and abnormal behavior? See John McCain if you need a clue about what to do.
To me that proposed order is just another way for those who already have way more than they need to shelter even more of their gains from the undeserving masses. As if offshore accounts and slimy accounting weren't enough.
Hank I agree, a very moving service and salute. For me I thought his daughter Meghans' eulogy was the best.
MJG, I really believe that you should have started your own thread on this topic. I believe a lot of federal workers who might be affected b…
Ted, I hate to be the one to inform you that there is no bottom to the cess pool that creature inhabits. What's almost harder to understand is where is the outrage from especially military members of his administration and political leaders of his o…
Said John Weaver, a former aide and a longtime friend “I don’t think it bothers John one bit. If we heard something today or tomorrow from Trump, we know it’d mean less than a degree from Trump University.”
Nothing but truth.
@Charles & Junkster - may I ask why you two don't deal with ETF's or CEF's for your bond funds rather than mutual funds? Is it fund composition, manager expertise, force of habit or just what? I'd especially like to hear from Junkster because I …
@OJ - I believe that the author was stating the yield based upon the price per share on the day he published the article. There's nothing wrong with that. YOC or yield on cost is basically just a feel good metric. For example, the current yield on M…
@Ted - yeah I ran across them (k-1's on preferred's) a year or so ago and they surprised me a bit. TurboTax handles mine with just a minute or 2 of my time.
@Ted - just one example:
"The new preferred from ARES is non-cumulative and redeemable in 5 years which is typical for preferred issues. What is not typical is that these shares will generate a K-1 at tax time instead of the more typical 1099. Th…
I guess you'd have to call me unclear on the concept of what constitutes "private" equity then. The list shows the top 25 companies held by the fund and together they make up 76.44% of the funds portfolio. Investopedia has this to say about "private…
The M* CEF dissuasion forum is outstanding. I hold 3 of your eye catchers but I'm way too full of PDI which currently is a bit stretched. PCI, very similar, is a better buy at the moment in my opinion.