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.
The old single-hulled tankers that are not allowed in too many ports anymore may be sitting out there storing the stuff. I guess shipowners just hit oil...
Quick search:
One Article on this boom for shippers:
"The very thing which has been negative …
Dancing a different kind of Contango:
“Shipowners are the ones who gain here,” Erik Nikolai Stavseth, a shipping analyst for Arctic Securities ASA in Oslo, said by phone. “Whether tankers are storing out of necessity or because traders can turn a pr…
@PressmUP said,
"The other lesson learned is to have some type of ancillary bucket specifically for dry powder. I have a bunch since I've been sitting on the bulk of my 401K rollover, but this recent downturn reminded me that having this in your bac…
So looking at the chart that Bee's uploaded, I'm thinking that it is not very realistic. Think about it. Are 9 billion people going back to the caves?
After rereading the article written by the author of the chart I uploaded my take is that as a r…
I think this chart seems to capture James A. Kostohryz sentiments shared by @TSP_Transfer.
Interesting article by the author of the chart at David Stockman's Contra Corner site:
"We have a situation where the “economic growth pump,” created thr…
BBRY (aka RIMM) which I bought 100 shares @ $57 and still hold now @$7 is a constant reminder that diversification and manager insight often trumps an individual's concentrated hunches...or at least mine.
@bee Is there a specific department/number at Hertz that you need to call to arrange this?
Mona
I believe this is a seasonal offer. You can drive North to South between Oct - Dec (my offer) or drive South to North in Apr-June. Many rental companie…
If there is a possibility of returning to a nearby non-airport facility from where you can take a cab.
That customer facility fee was a doosey ($84). I'll try your suggestion next time. Thanks.
@bee : What size auto were you able to attain for $7.95 /day?
I stand corrected...$7.59/day. With fees and taxes a little over $232 for two weeks. No drop fee. No mileage fee.
Just recently drove to FL from CT. Four fill-ups at an average per gallon price of $1.85. Average 30 mile to the gallon...enjoyed the country. I helped re-position Hertz's fleet from NE to FL. Rental per day was $7.95. I was allowed two weeks which …
You know Bee, I think that's the first time I've ever heard anyone accuse FAIRX of being a 'growth' fund. Not to worry however, I don't think much about those growth/value labels anyway.
Oopsies...my bad. How about this, FAIRX (and any other fund m…
You know Maurice, if you'd like to stay with something out of the ordinary maybe the Bruce Fund would be worth a peek.
Yesterday was a good day to have observed downside action of various funds. BRUFX was off .80%. Not bad for a fund classified as a…
One of many issues I have with BOA...You don't have to be in all 50 states to call yourself Bank of America? BOPOA (Bank of Parts of America)... 37 out 50 states and shrinking.
https://locators.bankofamerica.com/
Bought bunch of oil bonds since last yr and you do see a declines in prices.
Is there such a thing as oil preferred shares? A stock beat up by the market that still has the ability to "weather the storm" and continues to pay a dividend (has low de…
Anyone here feels this point (quoted from the article) is worth considering?
"the cost of getting a reverse mortgage is higher than the cost of getting a conventional mortgage. But it’s lower than the cost of guaranteed minimum benefit products off…
Seems like this advice shouldn't be completely free. Have you thought of making this signal calls a premium package for Fooly?
More seriously (if that is possible) your chart showing the recent whipsaws action reveals "lower lows and lower highs" …
Thanks for mentioning BTMIX...seems like an long time outperfomer.
Not a pure muni play, but two funds that combine equities with muni bonds are USBLX and VTMFX. Both are tax efficient and both are on the conservative side of market risk. I prefer …
Through Bruce Funds, BRUFX is my H.S.A choice.
Having a cash H.S.A account often provides a debit card to pay for eligible health costs. Having both a savings vehicle for most of your contributions (like these offered by Vanguard or Bruce) and a s…
I came across this "Big Issues" presentation which might add "food for thought" with regard to investing themes:
slideshare.net/CommSec/the-big-issues-2003-2016
Also 403bwise has a great site for those who invest in 403bees (like I use to bee). Sadly, it has been my experience that teachers don't pay enough attention to their retirement options/benefits. Thanks for proving this wrong.
403bwise.com/
@ Old_Joe said; "Those transmission sites are typically leased from the owners of the individual properties."
New England is full of abandon "smoking guns" (factory smoke stacks) and I recently noticed more and more are serving as an attachment poi…
Isn't a taxable distribution just an accountant's way of saying, "You made a profit...now you need to pay your taxes on that profit."
As Mark mentioned, I own this fund in my Roth IRA.
My take away from this article had less to do with the importance of cash though I did like the idea of harvesting cash as "dry powder" and more about the opportunities in High Yield bonds in the short term and everything else in the long term...esp…
@MFOMembers: Mark's fund RQI distribution history.
Regards,
Ted
http://cef.morningstar.com/distribution?t=RQI®ion=usa&culture=en-US
Thanks Mark (Ted)...and RQI is selling at a 14.75% discount to NAV.
I have owned CSRSX and have found t…
RE From the perspective of Lumber futures:
From The McClellan Oscillator:
"There are a lot of leading economic indicators in use these days, but the one I like the best is lumber futures prices. Perhaps this is because almost no one else seems to…
Maintaining an earned income status in retirement (part time job, self employment, etc.) will serve retirees well. Earned income is the qualifier for most IRA contributions.
If I am required to take RMD (regardless of its IRA status) earned income…
Another tidbit on buybacks from Martin Spring's Newsletter:
Investors may expect to get a little more back in the form of equity repurchases.
“But they shouldn’t count on it,” Arends says. “Companies have a terrible record of buying back stocks a…
Thanks Ted,
Always look forward to Saturday's shows.
Here's an additional interview with Jason on Chuck Jaffee's Money Life show:
Look for "November 18th Big Interview" on the list:
moneylifeshow.com/highlights.asp
Blackrock... White paper... Gray scissors?
Sorry...couldn't help myself.
White Paper wins again:
THE MAINSTREAMING OF RENEWABLE POWER GROWTH OF AN INFRASTRUCTURE SECTOR
https://blackrock.com/institutions/en-us/literature/whitepaper/the-mainstream…
Also from Bespoke:
"...the correlation coefficient between Housing Starts and iShares Home Construction etf (ITB) has been +0.91. It’s hard to get more positively correlated than that! It is often said that the stock market looks out ahead six mo…
