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.
Trump isn't "whining".
He is expressing an opinion. He is advocating for his country's interest. That is what I would expect any elected official in the USA to do. I'm more upset that other U.S. pols don't express opinions on the ECB's overrea…
Q: What would we do without this con-man in charge?
A: Probably pay a lot more taxes, both individually and businesses. Probably NOT keep your doctor. --- Socialist Bernie Sanders wants everyone in a govt healthcare system.
More socialism, hi…
Thanks for posting.
Yes, property prices anywhere that has a healthy economy, are inflated. The biggest factor here, IMO, is monetary policy -- which increasingly has become the sole reliable tool to manage the economy. -- Fiscal policy, run by …
I owned it for a while and was happy with it. Sold out of the position +1 year ago, not because of any issue with PARWX, but because I wanted to severely limit exposure to risk-assets.
That said, per M*, its +40% in tech. And they will always be …
I can only answer why I don't use it: I maximize my 401k PRE-tax contributions to the extent allowed by law, rather than opting for the Roth.
Very simply, I am in my peak earning years and my marginal tax rate during this time will likely be mu…
Per portfoliovisualizer, for the period Jan 2000 - May 2019, XLV has a CAGR of 6.99 vs.SPY's 5.22.
XLV had a beta of 0.77 vs SPY. XLV's biggest drawdown during this 20 year period was (35.5%) vs SPY's (50.8%)
So, XLV has modestly outperformed t…
That is a very interesting quote.
I don't have an interest in a portfolio manager who is happy to invest a lot of his AUM in China, but then (perhaps in a second of candor) seems to be agnostic as to the possibility of a crash in Chinese equiti…
So the trade-cheating PRC sells T-Bonds. The Fed could buy it all up.
The trade-cheating Chi-coms can only pull that trigger once. The better question is "what would POTUS' policy reaction be to that action?"
Marketwatch often posts nonsense articles. This is one. Note how no details of the 'study' were provided.
Some obvious problems, just off the top of my head:
-Overspending. Jojo is exactly correct. Many Americans are just profligate spenders. …
Joe, thank you for starting this thread.
It's frustrated me for years, that while the tax code mandates an alternative minimum tax (AMT) for natural persons (i.e. individuals), no AMT exists for artificial persons (i.e. corporations).
I would …
Any WFA clients, make sure you check your trades THOROUGHLY...
During the last week of 09/2018, I placed trades in 2 different WFA accounts (a Roth and T-IRA). Both trades were for purchases the same security (a PIMCO OEF), and for the same dolla…
You could have written that headline 20 years ago...
That said, tech is -- and will --put severe financial pressures on many industries -- displacing (or buying or replacing) them.
(Physical-) travel agents? (Mostly - )Long gone.
Retail? Check.…
It is not a matter of "PC-ness" but of human rights.
@Edmond: I wish to address a few points in your write.
b. Sexual harassment (or other unwanted contact) is not analogous to "being rude." More at d, why did they wait.
c. Fighting back: You assu…
@Edmond - "Pelosi and the Gyneocracy think that waging a war on men is a way to win elections. "
LOL - Did they get through eating your, ummm, "Christmas"? Maybe it will grow back.
Anna: Your "LOL" is interesting, because your attempt at humor i…
There were allegations of all types of sexual 'misconduct', up to, and including rape, against (Bill) Clinton, and the MSM duly ignored it; the Dems duly ignored it. Even Gloria Allred ignored it! And of course, Hillary "stood by her man", like…
Probably Mr. Ramsey could have used a more apropos metaphor than 'immaculate conception'. Mixing religious concepts with the tawdry business of pricing paper in the capital markets is probably not a good idea. While I am not a religious person…
On the equity front: May add a tad to certain REITS (VTR). Possibly also small positions in GE & GIS (TBD). Just re-entered small position in AMZN and a position in UTG on the price-weakness surrounding the rights-offering. Bought a sma…
No, actually its this guy:
https://www.cnbc.com/2017/10/10/bitcoin-heading-over-10000-in-six-to-10-months-former-fortress-hedge-fund-manager-says.html
This guy doesn't spend his time on an investment board... He knows how to make money and how to…
Does it matter?
The damage done to GE BY GE has driven the price down. De-indexing it will be a triviality.
That said, were I on the DJ index committee and wanted to give GE the boot, the logical replacement kind-for-kind would be HON, wouldn't…
I've no investment in crypto-currency, though I think dabbling in it -- as a trade -- could prove very profitable. I think we are in the early, EARLY innings of this trend. IF its a bubble, I think it has a lot of room to run. It kinda feels …
Not sure why this should surprise anyone, or even be newsworthy...
Homo sapiens generally engages in herd behavior WRT financial issues. -- Besides, 'doing something' to protect one's portfolio would have resulted in enormous opportunity cost ove…
The topic is primarily about human/herd behavior/behavioral finance. I tend to be pessimistic given current asset-values and (my perceived -) complacency of market participants.
We each should ask ourselves: are we being reasonably compensat…
I am a cautious/nervous investor too, given what I view as mass complacency and rich valuations across equities and debt-instruments. At this point in both the investing cycle, and my own investing life-cycle, I am far more interested in not losing…
The article includes comment which seem to suggest that investor should avoid active managers and small-cap stocks...????
If there is a crowded trade in equities, its in the 'must own' FAANG stocks -- each of which are copiously represented in pa…
What will I do? -- I will probably buy some equities. Though will not buy too much, too suddenly.
But "buying low" is only possible if one has access to liquidity. If one is fully (or nearly fully) invested in equities at the start of a bear, t…
Barrons strikes me as continuing to "dumb down". And I say this as someone who as subscribed for + 10 years, and picked it up at the newsstand regularly for decades before that... The article is a prime example.
A couple glaring problems with th…
I watched his 1st day at the WH press room, doing Q&A with the national press. He struck me as very impressive.
Its on youtube, for anyone who is interested.
Jeez, everybody is a critic!
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Bee, great catch. I found the article very informative.
My present circumstances are such that I don't rely much these days on any hybrid funds. - Though I do maintain small, placeholder positi…
That article starts out as a wonderful (too short) interview with Bob Rodriguez... all of which sets the reader up for a sucker-punch "plug piece" for index funds...
"All of this means that most investors should, in fact, own index funds"
Too ba…
"Not as expensive as 97-2000" doesn't mean its not overvalued -- just that it is not AS overvalued...
Ed Yardeni's current weekly publication deals exactly with the topic:
https://www.yardeni.com/pub/stockmktperatio.pdf
And yes, the market is NO…
Recall, the 'war' never ended, as no peace agreement was ever signed. Come to think, it wasn't a (declared) 'war', but a police action. So its been an "un-peace" to an "un-war"...
That said, were hostilies to re-commence, investment implication…
