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 the problem is that he doesn't draw a line for why gold will go up.
Is it because people in Europe and Asia will be buying gold and abandoning cash?
What mass deportation would do is reduce the net inflow (revenue less benefits paid) to Social Security by about $12B / year. That's based on SSA's Actuarial Note 151, April 2013: While unauthorized immigrants worked and contributed as much as $1…
Old-Skeet I am not trying to start anything here as I have always found you legit - something that can't be said for some that post on investing and especially trading boards. But you are the only investor I have ever seen anywhere anyplace that…
>> tax for rap
Like preventing the poor from spending subsidy moneys on whipped cream, salt, and lobster! Yeah, that's the ticket.
Well, the rich took away lobster before, now you want to take it away from them again.
I agree. I see kids buying dumb stuff. If we tax them more, they would have less money to buy crap with. This assumes we have honest politicians who will use the money to make their lives better. But hey, at least they will buy less crap. Which will…
Clearly, we need another round of QE to get things going again. Because these days stocks apparently can't move upwards for a prolonged period without such assistance. And besides, only old or retiring investors/traders care about such charming …
If an investor utilizes an empirically derived, systematically based, risk managed process with a diversification over varied asset classes, then long term results and investment decisions are less affected by geopolitical events and emotionally dri…
Putin has been consolidating power recently, and a less united Europe plays into his hands. This is probably my biggest fear. I think the folks arguing to leave were sold a bill of goods, and are suffering near term buyers remorse. The larger impa…
“If the facts are against you, argue the law. If the law is against you, argue the facts. If the law and the facts are against you, pound the table and yell like hell”
― Carl Sandburg
The discussion about Brexit here are like the quote above. Peop…
Based on today’s British decision relative to exiting the EU, I would suggest two additions to that fine list, one temporary and one more permanent in character.
Don’t react rashly to the current EU turmoil. It will iron itself out in a rather sh…
Im Glad The Brits Have Spoken - And I Think They Got It Right!!!!!
I think it is too late for The Brits to reverse the effect of the EU. It will take time for the full exit to occur. In the mean time they will get flooded with people that want to …
Old to go and young to stay. College educated to stay and those not to go.
rono
That was a meme by the stay side - it was to say if you are old and stupid you will vote to leave. It didn't work.
Why is 'bra' singular and 'panties' plural?
Panties is a diminutive, not a plural.Yes it is a diminutive, but of what? Pants. Already a plural.
A quick search turned up this paper, On Diminutive Plurals and Plural Diminutives. It is written…
So to reel this in, I've been thinking about the global stock market implications, should Brexit come about. I think it is a big deal. Daring to predict, which I don't do very well, I expect that there will be a sharp drop in global stock prices. …
"Negative rates do not prop up stock markets," Gundlach said on the webcast.
... gold and gold miners are still an attractive place to put money to work.
Negative rates don't prop up stock markets, but negative rates do prop up gold markets. I do…
Yes, John Oliver is funny. I guess for some people, his moments of extreme inappropriateness and poor taste actually add to the humor. For me, they detract from it, but I can enjoy the rest.
The first time my wife hears one of those violations…
I am guessing these unprecedentedly low rates are causing market distortions which will play out in some kind of coming crisis but I cannot get my arms around what it all means.
I think the markets have trained us for such an outcome.
My guess is …
It's getting ridiculous again. IMO, the global fixed-income markets are in complete disarray, with unprecedented distortions created by central bank manipulations, with about a 6-mo lag in effect every time. Throw out the old tried-and-true rules fo…
Dear friends,
Charles and I will have dinner Monday with Andrew Foster, "the seasoned and skilled skipper" (saith Morningstar) of Seafarer Overseas Growth and Income.
Emerging Markets High Yield Bond - What is his 1 yr, 5 yr, 10 yr outlook.
One's TTM, one's SEC. See M* for both yield figures side by side.
See also MFO discussion: Difference between TTM Yield and 30 day SEC yield:
http://www.mutualfundobserver.com/discuss/discussion/18413/difference-between-ttm-yield-and-30-day-sec-y…
I recently added PFORX (D shares PFODX available ntf at Fidelity), my first foray into world bonds.
Why does the yield on Yahoo say 6.92% and Fidelity 1.76%
http://finance.yahoo.com/q?s=PFORX
My computation is closer to Fidelity.
There is another factor - your investment return rate Vs the increase in SS by waiting.
If you return rate is high then it would be better to take SS and keep your money earning the higher investment rate.
Then there is the tax aspects and IRAs. …
The three funds are all BB rated by M*, with the longest duration fund (NHMAX, 10 years) having a disasterous 2008 and a spectacular 2009, not surprisingly. BCHYX's duration is in the middle (7.8 years) with 1, 3, and 10 year performance in the …
The way to play foreign stocks is dividend paying stocks and bond funds. The ZIRP of the foreign FEDs will continue making those instruments more valuable in their countries. The risk in the short to mid term is that the USA FED will raise rates m…
OK, let me put this another way. If the fund were to loose 20%, would I also loose 20% of the income that I had been receiving prior to the loss, or would I receive the same income per share (let's say each share received 1$ income per year, would t…
, my downside feel is like 55% at the moment.
A decline of 55%?!!
Ha, no! I sure hope not. My thought when writing this was that there was only a slightly better chance of a major decline as compared with the current range-bound market or rall…
Dex, you are comparing the charts of two open end funds where dividends accumulate daily and paid out end of month vs an ETF where dividends are handled differently and show as a decline on the charts end of month.
Dex?, OK I'll play. Dan,
I com…
Just spent a couple days & nights in Charlotte NC (what a beautiful area). Happy to report that nobody (male, female or split-gender) attacked me while using the restrooms. Nor was I concerned they might.
While predators certainly exist, I can…
As Warren Buffett observed: “The Stock Market is designed to transfer money from the Active to the Patient.” I'm more inclined to the Patient grouping.
Take a look at the Japanese Stock market - that is a "transfer money from the Active to a fut…
Not an expert, but looking back over the last 2 years (S&P 500) I would say it has been range bound between 2100 on the upside and 1850 on the downside.
Looks about right
Interesting link, Ted, thanks for it. I'm curious what some of the many saavy bond investors here think about current junk valuations, @junkster and @dex maybe?
@expatsp I think Dex was driven away by trolls on this site. I haven't seen a post of h…
I am really surprised so many manufacturing (1970's,80's high wage) and related jobs had moved to other service sector jobs (2016 McD's, $ store, etc. low wage)
When I came to this forum I looked at some past threads and there were discussions tal…
