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.
@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…
The nice thing about financial information sources is that there are so many different results to choose from. :)
And if not, ChatGPT can always make some up....!
As I type this I am in the process of moving my internet domains from a registrar that just got bought by a PE firm to another company, because I never trust PE to do the right thing for customers or end-users...
Damn shame this fine company is going down this rabbit hole.
They need to offer products that the 'new generation' of investors want in order to remain competitive and attract customers ..... times have changed, for better or worse.
@yogibearbull I suspect most people don't have the knowledge/expertise/desire to do the work involved with writing/selling options.
For them they see 'big yield!' in a single position and just click 'BUY!' ... which is far simplier than looking a…
In researching assisted living facilities / continuing care communities for an elderly relative, one of the first things I looked for was whether or not PE was involved. If so, it was immediately disqualified on my list.
Every now and then I get the urge to downsize my PRWCX position for one reason or other but have yet to pull the trigger. However I may finally start that in Dec as I keep repositioning that portfolio to have more international and income tiltings.…
Stuff like this is another reason I'm glad nearly all of my retirement assets are in taxable accounts .. i don't need to worry about playing these games, planning withdrawls, dealing with RMDs down the road. Keeps things rather simple.
Ford is rolling out new low interest rate loans for F150 buyers with poor credit scores. What could possibly go wrong? Following is supposed to be a shared link to today’s WSJ article.
https://www.wsj.com/business/autos/ford-courts-riskier-bor…
"Both individual and professional investors tend to increase their stock exposure before the top"
True. But how often does the Fed start cutting rates "before the top" and push the "top" out well into the future as more people and institutions ride…
Yea, I've had share price scare me away many times even if it makes no sense. It is just the feel. It feels like getting 10 t-shirts for $100 each instead of 200 t-shirts at $5 each (which "feels" like a fuller closet). Of course, the analogy is ver…
I always used HDD. Several years ago I changed everything to SSD other than my 1TB HDD for backups. My laptop recently started spewing SSD messages that it may be failing. I never knew SSD has limited use, apparently there are only so many read/wri…
To add to the conversation, I just threw in 2 WD Blue spinners for my desktop RAID / video server the other week. :)
SSDs in everything else (desktop, laptops, tablet)
NTSC v PAL ... all the good old days, NOT!!!
I'm sure most of these new products will fizzle quickly, but what do I know? Frankly if I wanted to own crypto, I would own the actual asset. (I own some actual BTC, not a BTC ETF.)
Bought a slug of November SPX short options. Gov shutdown, FOTUS, other drama gives reason for hedging. And if the position expires worthless (as my last one will today) fine .. I've got a ton of gains that can be offset this year. :)
Earlier this…
@a2z- We have the complete M*A*S*H DVD set, and every weekend watch a bunch of those. What on earth have you got against Flagg? He'd fit right in with the current White House bunch!
OMG the Flagg episodes are beyond hilarious....and Edward Winter wa…
it gets better.
managed by tuttle, the greatest patriot that never existed, fabricated to run a financial scam.
one could fill a blackhole w/the irony lost on MAGA.
https://en.wikipedia.org/wiki/Tuttle_(M*A*S*H)
one of my favorite non-Flagg episod…
Re-entered TDS-V this morning ahead of potential rate cuts... may add some other preferreds back soon, too.
Trying to avoid bonds in this account b/c for tax reasons. Some REITs look interesting, though they're taxed the same way as bonds for me..…
Bought starter in IDV (iShares International Select Dividend ETF) sold NWN to raise cash.
Debating holding cash to keep buying things opportunistically or just snapping up some old friends in the form of preferreds (CHS, TDS, CMS, DBRG) ahead of ra…
It's all Biden's fault.
/ducks
(TBH they had a technical hiccup at the data release. Economic hack Lutnick right away blamed 'the predecessor' at BLS for the problem, despite there not being many (any?) technical issues under the prior leadershi…
If Trump issued an executive order permitting slavery would each individual slave have to sue for their freedom?
Add>> Or substitute any other "right" guaranteed by an amendment to the Constitution. Banning the practice of some religions, ban…
