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.
I guess the Answer to the Threads Question IS:
A (College) Education Does not equate to Money (earnings) so is it a waste of Time?
MY point: In the economic world Skills=Earnings (money)
So IS skill Learning a waste of Time?....I guess that would be…
education has little to do with "SKILLS" The American Economy Pays for Skills
"Learn a Skill and Economic Security will be yours"
Get a College Education and a Diploma (piece of paper) will be yours... you will be Educated (but not Smart)
Figure thi…
Why invest money with the 40th to 50th best manager that you have found when you could give more $ to #1,#2#3...just wondering...
"My Cash has to work because I don't"......copyright TB
I'm am not 85 but some of my friends are in their 90's. still active and have plenty of money, none were millionaires at retirement (not working) in their 60's........
How did they do it? wanta guess
17% CASH, buying/holding depressed/declining companys.. I'mLooking for a spot to get my original investment out, will hold (their) profits to see what they can do with it in the furture,
Real shame, we'll see if sonny can drive this (good) one into…
You go down list of resent sales/purchases to tell you what a Fund Manager is Doing, easy information from Morningstar..... you better know about changes in holdings, 2nd most important information for fund investing.......
"That’s because fund managers who eat their own cooking tend to do better than those who don’t, according to research from Chicago-based fund tracker Morningstar Inc"
Not exactly earth changing information, do you think?
It Fells Really Good to be confident in your abilities/ Knowledge/ and Feelings for What is going on in the Financial/investment World....Jeff fits this mold
My normal prediction: the markets will go up& Down again this year and I (we) will make money investing in Profitable US Companies and Mutual Funds with Excellent Managers.
I dare any of your geniuses prove me wrong......
Amen to foolishness pre…
Hank, A good/hard lesson for Academia is that there is no correlation between so called "salient points" and rationality in investing...they are two different worlds..
I find it hard to spent time (writing dialog) to explain what CAN happen in the m…
Are these posts for some academic core requirement, or are they to aggravate investors like me? Because they are working.....maybe Class Room mentality would be better for you....
Just thinking...
" few Board participants who apparently pursue a rather Spartan lifestyle."
Didn't post my current retirement expenses, but I can tell you they are "peanuts" compared to what I used to spend in my professional/ Family lifestyle of younger years.
Ca…
Advisors don't save (not their job) in Reality they COST.....
They CAN Make you more money than you could on your own if you don't know what your doing,
my car mechanic saves me aggravation over me doing the work, but he costs...
All BS stuff...I guess the money/income I have will have to make it....
IF it doesn't what would you like me to do now?...20-30 years before I could run out of money.....
post opinions on how to figure something you don't know anything about....?
Ju…
"Only the top 10% of boomers without generous pensions can retire."
Ridiculous STUFF!
"Oops, now who will step up to the plate and solve the aging boomer jobs problem?"
Who wants, needs a Job....that's over for investors/savers!
My first SS interview (phone) lasted 20 min., I asked if they need income verification for years,62-66 they said no they will check it (I guess W2s) I get my checks on the exact Date each month they told me, with raises every year...... NO Complain…
With a "Financial Advisor" Firm the first pitch will be for a lifetime annuity (for the big commission) If that doesn't work any Cash deposits (CDs ect.) with OUR firm will be ok,
I can hear them now, the mattress is out of the Question...so what ar…
Always wonder about the Big concern with Costs, Performance is based on NET figures, (that is minus all costs), for your easy comparison, If you NEED to Worry.....
be concerned with Performance! 10 yr. returns would be a good place to start
I'm under the assumption (haven't reached 70yo) Vanguard is suppose to give you a figure to withdraw based on your traditional IRA with THEM, of course I could easily figure my own withdraw, but to have their verification would be nice...
Anyone got…
do you recognize Good work when you see it? Fund manager or hamburger Fryer....
I guess what makes a good fund manager? would be a good spot to start....
First thought: used your acquired skills to get a JOB, Then lets talk about retirement...
OH, By the Way NO Skills..no job...Say hi to you new employer....Micky Dee...
Always have to smile at all the unhappy people with where they live! They always mention/dream of some exotic place as if that would change their un-happiness.
If I had 10 x the money I have... I would live and still enjoy EXACTLY where I live now…
I always paid people what they were worth....why would fund managers be any Different?
All returns are figured net of expenses..... All done for easy return comparisons and valued added.....easy peasy
It takes 12 years to break even if you don't take SS early, figure it out...I did....
I have made very good use of my Gov. Checks for last 4 years 62 to 66yo, the money is well invested to make much more money (income) in the future, While late coll…
