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@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…
I'm not a bonds person other than using t-bills for cash, but I think I'd rather keep rolling (or auto-rolling) shorter-term t-bills at this point. I suspect rates may not go much higher, at which point won't the 'floating' part of the rate in FRNs…
Added 1000s FLNG to my existing position in this LNG shipper following the sharp selloff on earnings. (Half the total position is hedged via options thru 2/24).
Why stop at 12? The way this is going, I would drink 25 YO minimum, as we are not likely to survive much longer!
Hah ... I have a 40 y/o bottle that's my Apocalypse Dram!
When the trials start, they will likely go wall-to-wall coverage w/o commercials, so I'm not sure there's any profit-incentive here for the networks/stations or individual investors.
If anything, buy yourself a nice 12 year old scotch to savor, you…
Meh, still looking, but nothing's hit my buy prices yet. Besides, less than 1% down isn't enough to get me excited anyway .... but it does sharpen the senses a bit, especially if it continues into the week.
I can't believe it, you can lose maybe 3-5 days of MM? How much is it? 0.1%.
I used ACAT back and forth Schwab-Fidelity and usually it takes 2--3 days. You can wire the money too. I only wired money from Schwab and it took a couple of hours, and it …
I wanted to explore the possibility of moving my TD accounts to Schwab via ACAT transfer rather than via merger migration. Multiple contacts from Schwab confirmed that no Schwab money market funds can be transferred to Schwab via ACAT transfer. I …
Investor, I, Advisor, R, and Z-classes for that new TRP fund? I remember when they 'only' offered Investor and Advisor shares .... sheesh.
Loved loved the Scotland narrative, many thanks. You and Chip looked so happy!! (And now I want chocolat…
"he may well have started someone clever on the path to creating the latest-crazy-idea"
If somebody can figure out how to make money on this I demand my cut. :)
The Old Joe 2x Strategic Tang-Swilling Enhanced Short Berkowitz Fund?
I was at my CU today to open up a MM account to locally store some $$$ at my bank outside of my checking account -- mostly to reduce the chances of potential significant direct-debit/ACH losses should any of my vendors get compromised.
Amazing that…
"what should an investor do when OJ steps away from managing The OJ Fund?"
Firstly, anyone who had placed money in The OJ Fund is not an investor, but a dope.
Lastly, when OJ steps away from managing The OJ Fund it may signal potential investors …