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.
And a Commerce official already walked that rumor back.
Frankly, at this point you can't trust anything the government says ... and they're turning the stock market into one giant pump-and-dump scheme with rumors of what FOTUS is/may consider takin…
Yep, at times it's slow to load comments and/or switch between threads. I also flagged a post for blatant commercial spam yesterday if that might be related somehow.
Per BBG this morning:
"PrimaLend Capital Partners filed for bankruptcy after months of negotiations with creditors following missed interest payments on its debt.
PrimaLend, which provides financing to auto dealerships that cater to subprime borro…
The common thinking is that those in higher tax rates would benefit from holding munis, of course.
I'm in one of the higher brackets and only have a small position in a muni fund that my parents got for me back in the early '80s. Otherwise, I ge…
I saw several ads for Campbells' soup on streaming and broadcast over the weekend ...which was interesting since the comapny is on my watchlist as a defensive play in the USA.
When you elect someone with zero life experience as an 'ordinary person' [1] and surround him with similar people and/or outright sycophants, this is not surprising. They have no idea how the rest of the world lives. As I've said for decades, the G…
Not that I own bond funds, but whenever I see 'securitized' in a fund's holdings, my radar goes into high gear, because who knows what dodgy debt they've stuffed in there?
As 'The Big Short' concluded:
“In 2015 several large banks began selling…
Ford issuing sub-prime loans so that people--presumably including its own workers--can afford to buy their products caught my attention.
History may not repeat but it sure a hell rhymes....
The common thinking is that those in higher tax rates would benefit from holding munis, of course.
I'm in one of the higher brackets and only have a small position in a muni fund that my parents got for me back in the early '80s. Otherwise, I ge…
Tiny starter position in ETF EWS. Singapore stuff, mostly. But not exclusively. Weak dollar. Singapore is solid. Decided to buy a basket of stuff, this time, rather than a single stock. 3.7% dividend. Paid June, Dec.
https://www.barrons.com/market-…
They are just testing this SEC.
SEC has restricted ETFs to +/- 2x, but didn't restrict ETNs that can still be +/- 3x.
Existing +/- 3x ETFs weren't affected - may be that is giving the filers hope.
Some have already filed for +/- 3x ETFs to test, …
”… everyone does stuff I don't like. I can't continually follow up with all their shenanigans that i might be mad at so just buy what I want from whoever.”
Lately I’ve been mad most of the time.
"That's my secret, Cap....I'm always angry."
Ha! How about this quiz: Who Said It: Homer Simpson or Pete Hegseth?
https://newrepublic.com/article/194639/homer-simpson-pete-hegseth-who-said-it-quiz
Oh, I'm *so* passing this around.....
Yup. That is mainly benefits a hedge fundie connected to Treasury Secretary Scott Bessent is entirely totally conicidental, and any thoughts to the contrary are unpatriotic, fake, and treasonous!
https://popular.info/p/trumps-argentina-bailout-en…
Probably Trump himself and his family.
Well, their ability to influence the markets to enrich themselves won't last forever, so they gotta do it while the gettin's not just good, but great.
Of course, if WE traded on insider information, we'd be th…
Anyone is free to join my fraternity, anytime: MUTANTS FOR NUKES! :)
@Crash, I was just with Professor X and he agrees this is a pivotal time for the world in many ways. Mutant and Proud!
Think about the impact a brain addled madman has on the market the last two days. Who sez politicians don’t move mutual funds. Or: if he couldn’t post and couldn’t speak what would the markets have done Friday and today?
"Nobody moves markets like I…
"More effectively analyze potential impacts": more bullshit from the lying liars.
'Potential impacts' to old oil, gas, coal, and energy industries, they mean..
The Immensity of the Orange Ignoramus' cluelessness is truly behemoth-like.
The Master Builder always knows what's best for the country, whether you like it or not...
FOTUS this evening:
““Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!! President DJT”
We…
@hank Yeah, BTC swooned like 15% for a while and a *ton* of the crappy 'alt-coins' (AKA 'shit-coins') got devastated. If anything, it should reinforce the notion that only BTC and ETH are acceptable crypto 'investments' ... the alt-coins are kidd…
Anything to further remove the Average Joe Investor from easily obtaining and/or understanding information needed to make sound investment decisions....
Dementia Donnie didn't get the Nobel Peace Prize this morning, so he's firing federal workers, adding more tariffs on China, tanks the stock markets, and seeks to build an 'American Arch' heading into DC as his latest construction project. I feel s…
@catch22 this is his second 'routine annual physical' of the year, which NOBODY in 'perfect' health would do. I'm thinking tests or scans like an MRI/colonoscopy since the WH medical unit can do pretty much anything else (eg drug infusions) except …
@DrVenture .. exactly my situation now. I'm sitting on over 1000% gain in a stock that is now worth almost as much as my condo was when I bought it in 2000 (srslywtf!) ... it's money that could easily go towards other income-producing assets now …
I got hit on several fronts at that time. As a major player in that space, the company that I worked for (a spinoff) had issued us stock options. I also participated in the discounted ESPP. And had some company stock in my 401K, as well. The stock o…
Nibbed on a starter position in CDP - it's a specialized REIT that focuses exclusively on high-security facilities for the US government and is perfectly located near various cyberwarfare bases. I've been in several of them and it's not something y…
I would invest in OTIS just for their escalator's innate ability to detect integrity (or lack thereof) at their UN installation.
*chuckle*
Other names to consider in the elevator-service sector include Schindler and ThyssenKrupp. Like Otis, they h…
bee said:
In my world, management fees would only be allowed on positive performance (the gains), not the initial investment amount (the principal).
Are you referring to the asset management fee in wealth management that brokerages offer ?
Exact…