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.
I think Mattis-Kelly-McMaster are solid bulwarks against him totally going off the nuclear rails. But even if some of them take a principled stand, he can always fire them and others until he gets yes-folks to do his work ... be it fire Mueller or …
It's all okay, no big deal, ha ha ha ha .... remember he's (still) new to this politics stuff....
To quote C-3P0, "this isn't very reassuring." *bangs head*
Trump’s Threat to North Korea Was Improvised
By PETER BAKER and GLENN THRUSH …
I would say that some, maybe many, here do not really know many, much less have as children, hardworking nose-down millennials. But generalizing from media reporting is ever so much funner.
Perhaps. But as faculty at a public university I see this …
How much nuclear devastation can be fitted in-between golf rounds? Stay tuned, live from Bedminster.
Dear Orange has met his equal in Dear Leader. Both are full of bluster and bloviation, relatively clueless about the world, and have their finger…
I have heard that some insurance companies give a greater discount to "new" customers. That translates to teasers, which I'd rather avoid. Once they have their clutches on you, the rates go up. Makes me leery to change companies. Haven't heard g…
And yet it's still a core holding in various Parnassus accounts. How bad does Wells Fargo's "G" have to get before Parnassus feels their "ESG" investing philosphy has been violated, and finally drop it from their portfolios?
Since the mid-90s and my first car, I've had GEICO (or their partners) for auto, condo, and umbrella policies. Not having an agent to talk to is fine by me ... I've never had problems with their call centers when filing claims or updating my poli…
JoJo, agree completely. Even today, as a debt-free GenX'er with a nice salary and comfortable but modest lifestyle, that once-a-week dinner delivery on the weekend still feels like a treat to me. But to do it every day? Sheesh.
Ahd the uber-expe…
I had an '05 Acura MDX for 11 years and loved it - low TCO and great ride. I tried a BMW x3 SUV and after 3 years hated it -- not only were there so many others on the road, but I needed more legroom following foot surgery. (You can't remove the s…
Excellent advice - always good to re-read stuff like that.
When I first got into futures and options, a retired futures trader told me that amateurs focus first on the possibility of reward; professionals (and those that tend to last in the indust…
Frankly ... and I don't mean to start a dogmatic fight here ... but I've never been a big fan of such "rules" about allocation percentages, rebalancing, and so forth. I don't rebalance any of my long-term accumulating portfolios, other than to make …
I'll stick with POGRX and PRGTX as my growthy/techy areas. This one does look kind of interesting in terms of the index theme and global allocations, but when I read the holdings in their annual report, it's "too diversified" and has too many hol…
I have a friend overseas (not in NZ) doing this very thing, with their firm launching sometime early next year. Great minds think alike!
mbie.govt.nz/info-services/sectors-industries/food-beverage/documents-image-library/Investment%20opportunities%…
Speaking as a GenX'er, there are some very good point made here....especially on the subject of technology+society, which echoes what I've been saying/writing about for years, too.
And I say this as someone who rarely agrees witih articles using b…
Also, one problem with using cash as part of your portfolio calculations comes from examining asset allocation, such as in M* XRay. With a large cash position in one of the accounts, it skews the percentages bigtime and doesn't give me an accura…
*shudder* That's the same logic used by certain politicians in 2015-16 who wanted people to believe that unemployment numbers, GDP, and the stock market's run[1] were all "fake news" and to be ignored ... but then magically, that all changed on 1/…
M* has the minimum for their high yield fund at 25K. Not exactly chump change, and might even be lower at various brokers, but it's probably doable for many folks here. But the 1.20 ER and 12(b)-1 fee on the investor class turns me off.
His O…
@JoJo: Yes, I believe cash is a portfolio 'position' (so to speak) but I don't consider cash as part of my portfolio return calculations. It's just an idle resource waiting to be used. But each to their own....
"If you're "nearly 100%" equities"…
As someone in their mid-40s with nearly 100% of my investments in equities, now that it's no longer needed for parental care purposes, I will happily deploy my large cash pile to opportunistically pick up stocks I want to own or add to as they "go o…
Agree w/Ted's sentiment. And PRGTX closing is great news, b/c they march to their own drummer and don't hold many of the 'usual' tech names like other funds. I like that ... and hold it, too!
LOL! It will be joined by the retrospective of the 45 regime, tenatively entitled "#FAKE ________!"
(yes, I am not a fan of this administration ... or any in recent memory, for that matter)
@LewisBraham Hillary will receive a Profiles In Courage…
Just buy booze and/or pharmaceutical (esp. those w/depression or anxiety meds) stocks -- either equities or actual bottles of the stuff. And as you said, take care of you, yours, and those you care about -- b/c the "system" in DC is only looking ou…
Mooch is gone, per the NYT Breaking News. Supposedly new WH CoS Kelly asked POTUS to remove him, and he agreed.
Somewhere in DC, I'm sure Sean Spicer is giggling like a loon right now.
RAI got bought recently by British Tobacco, didn't they? Not sure when the symbol stops being traded, though.
I didn't notice Reynolds American Inc (RAI) in the article. But I checked Yahoo, and RAI is down about 2.25%.
His reboot of 'WSW' was/is a joke and a far cry from Uncle Louis' content and PBS' quality. I saw one episode and barely made it through the whole thing.
As to Mooch himself, I remember seeing him as a regular on CNBC over the years .... he comes…
I'm sure there are those who do trade on his (and others) recommendations, not understanding many things about the markets or those who pontificate about them on TV. But hey, it's not my money that's being invested in such cases!! :)
Years ago …
I put him up there with some of the equity/forex 'analysts' from Goldman -- ie, Tom Stolper -- who would issue a much-ballyhooed call on something and nearly every time it would immediately or soonafter go against them. You could be right about his…
I don't give a hoot about meeting any particular performance benchmark but my own.
If a fund I hold gains 16% and everyone else gains 25% in a given year, I am not worried; it's still a very solid rate of return imho. Conversely, if a given fund…
@Ted - yeah, and she (rightly) got raked over the coals on social media for whining about having to do her job. Did she think being US rep to the UN was a 9-5 M-F gig only?
@Crash - wonderful things, dictatorships & police states. :(
@MFO Me…
@Edmund: Good list. Speaking of which, NBR/CNBC did a spot tonight espousing the bullish benefits of a Korean conflict on .... wait for it ... defense stocks!
I was talking about this w/my trainer @ the gym this morning. Given everything else that the WH is facing at home (ie, Russia probes) our consensus was that launching anything against NK would reek of a 'Wag The Dog' scenario right now --- ie, mea…
That makes it more compelling to me. I am not one for market-cap weightings.
RSP now gets added to BRLIX (.15) on my list for possible 'broad market' places to throw money.
