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holy cow. Along with Bear Stearns. Lehman. Merrill. Julius Baer? and the beat goes on.
Actor James Cromwell portrays Hank Paulson in this one. Anyone but me seen it? I wonder how true to life it is, the portrait of Paulson, offered in that movie? He…
I too like CGDV that differs from other blend funds without their sizable exposure to “magnificent 7” tech stocks. IT is the largest sector, 20% with Microsoft and Broadcom being the top 2 holding. The rest are dividend stocks. Good stock picking …
Started medium-sized position in ET for long-term income (reinvested).
Likely adding MPLX at some point and/or throwing some extra $$ into my already-large EPD position.
Opened a second Schwab account (instant approval) Wed afternoon and moved a bunch of cash over to enable Level-3 options trading, which got approved yesterday morning. Once the few piddling items and cash from my legacy TD account hit my Schwab acc…
Of course if it’s a test, we’re grading on a curve, yes? ;-)
Well … Does anybody know where the answer key to this thing is?
If any of us had that answer, I don't think we'd still be visiting MFO......
I'll go with C) myself.
I tend to know what I'm doing, which usually is to stand back and watch. On days like this I've seen and traded too many hard afternoon reversals when the 'vibe' is all rosy earlier in the day.
Frankly I prefer to buy on…
Subscription for mutual funds/OEFs by Vanguard is a bad idea. Money will just sit in a m-mkt fund & then be deployed on/after 10/14/23. Interested buyers can just buy it then.
Instead, Vanguard should seed new funds with its own money ($50-100 m…
5.5% rates, 8% mortgages (I had one briefly in 2000) aren't 'new' -- they're just 'new' for folks (traders, advisors, and many in the media) who have never lived through it before. And by 'new' I also mean 'scary' b/c it's uncharted territory for …
It's the same thing now. But when ThinkorSwim was an independent brokerage before TD bought them, ThinkDesktop was their rockin' trading/analytics platform .. I still use that term, since I'm a longtime 'swimmer.
I too invested with Hasenstab awhile back. As I recalled, he invested heavily in emerging market bonds such as Ukraine and others, and did not shift his sectors before 2008. Tough to be a global bond manager especially he has sizable AUM at that ti…
Some may not have wanted to open an account elsewhere for a cheaper S&P 500 fund. And until recently (2021) one couldn't invest in an S&P 500 ETF commission free using TRP's brokerage.
Not until 2021? Sheesh, that's incredible. But the…
I don't expect to reinvest the proceeds until after there is something like funding for the government going forward.
What government?
Some say 'government' some say 'clown car' others say 'insane asylum.' I say: 'Time for another scotch.' :…
New diabetes/obesity drug prices per month (image below should open), https://twitter.com/Jason/status/1692641465363493146
Only injectables, no oral tabs yet.
Most insurance cover them only for diabetes, not obesity.
Well, someone has to pay fo…
Big Pharma is probably quaking violently about Ozempic/Mounjaro/etc drugs' impact long-term. If these drugs indeed prove to fundamentally help treat the ROOT CAUSE of many 'traditional' or common/routine conditions, the industry will lose billions …
@stillers
As far as I’m concerned, this is a great investing time for retirees. I’m perfectly satisfied with guaranteed 5% returns, particularly with bond funds losing value every day
Agreed. If I wasn't still working and already in a fairly high …
Yep. I would add, however, that the Big Guys (incl JPM) have access to macro/micro information and analytics that the average person does not, so they can easily be "first in" on something and either profit largely and/or be out of the trade before…
The Honda / Acura AWD is pretty great. I'm recently on my second MDX and really missed not having the SH-AWD in winters when I went through my "BMW phase" this past decade.
Speaking of which, it's getting really hard to find 6-banger ICE SUVs thes…
something something 'October Surprise'???
Russia-Ukraine continues.
DC now effectively unable to govern. Looming government shutdown (again).
And now Israel-Hamas, with the US moving a CVBG even closer to the party.
Buckle up, folks....
My second-tier emergency fund is in 30-day treasuries rolling over each month. Might do the next one at 6-mo depending on the then-rates the week they come due.
Excellent interview, and I agree with a lot of what he says -- especially with his investing style and comments about utilities. The last question is precisely why I like being along for the ride in PRWCX (and potentially TCAP) because it suggests…
Not that I'd be interested, but given current market conditions and trends, I would be hesitant to buy into any 'newfangled' retail-oriented vehicle. Usually when such things are rolled out, the markets generally roll over hard and early-investors …
Pathetic. All they know how to do is punt their problems into the future.
If I ran my life the way Congress runs the country, I'd be in an insane asylum. But then again, I'm within spitting distance of DC anyway, so I guess I'm already in one..…
Added a little here and there. Is this the bottom?
I don't look for bottoms per se -- but opportunistic periods of volatility like this may give me some nice entry points on stuff I want to own for a long time.
There is an 9/22 update in the SEC link I provided above.
Truly amazing, the SEC's definition of 'transparency' when making such materials available to the average investor on their site......smh
Added to my spec long-term RKLB position after this week's stock crash. One expects a few launch mishaps along the way (which can be corrected) but I still have confidence in the company and its services/assets.
One can't help wonder if Giroux's prowess over the years (or at least his name?) is getting over-extended by TRP? I don't like being around 'rock star' fund advisors b/c sooner or later they all end up flying too close to the sun and crashing. O…
Yup. DARPA, IARPA, etc. are places where some nifty bleeding-edge tech comes to life. Might go somewhere and change the world (eg, the internet) or might not do anything -- but often very interesting and exciting stuff. I did some OTE work for DAR…
@Mark- Well, I did make a perfect phone call the other day, but unfortunately nobody answered.
:)
It wasn't perfect enough, OJ. Either that, or your phone just wasn't bigly, powerful, and beautiful enough. Sad!! ;)
I've had single positions as high as 20% in one of my accounts when some stuff had appreciated significantly. The last time that happened was with BA, and I thankfully got out early into that multi-year 737MAX fiasco.
Most of my single stock posit…
@rforno : What brokerage are you using to roll treasuries & what term ?
Thanks , Derf
Schwab.
I bought a 1-mo TBill at auction yesterday and it's set to auto-roll next month...first time I've done i…