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.
Even when using indexes, our investment decisions have an impact on the market.
Really? In the words of Trump, "Who knew?!".
His argument at its core is that people acting in their own self-interest are “led by an ‘invisible hand’ to promote an e…
WTF are you guys talking about! Really? Can you give me an actual example. Would really like to read it.
Very upsetting when you crack a joke, and it is actually true. However, I would say more then "some" writers could be replaced by Robots. BUT t…
@Old_Skeet So I was not trying to compare VFINX vs VTSMX, just quoting ANALysis in the press recently that suggested the "broader stock market showing no signs of abating".
The URLs was just my attempt to try and simplify the problem. You mention…
I thought recently the higher highs of Total Stock Market Index were being used to suggested broader stock market is back. If you compare VFINX vs VTSMX, the latter is closer to taking out its all time high.
Or maybe weighted indexing is still at p…
LOL. It would seem both hindsight as well as lack of intelligence are both 20-20. If these ANALysts didn't pen such masterpieces, we wouldn't know they exist.
In any case, like I have long contended, there is a quota that needs to be filled and th…
If SS is your only resource in retirement than you failed retirement 101.
IMO we are too quick blaming individuals. Like every year an article telling individual investors they buy high and sell low. Life happens. People have to make decisions. Wha…
I don't think it is crap. Here's an article from almost a year back
https://www.pbs.org/newshour/economy/social-security-trust-fund-will-depleted-17-years-according-trustees-report. So now it is 16 years.
I only mentioned healthcare because unless I'm mistaken, Medicare is in similar, maybe worse shape then SS.
In any case, are we sure we are discussing the same problem? I understand, when someone pays into a system all his life, he is expecting so…
Wait a second. I remember there was a mutual fund that was investing based on astronomy or astrology or whatever. Don't think i dreamt this. There really was.
Hmm...I thought any surplus was spent every year by congress. Remember "lock box"?
So anything in excess of trust fund amount was being spent by Congress?
Anyways, like I said, determined to adjust lifestyle with assumption SS will not exist when …
Well, if we have a 2000-2002 kind of market, value will earn positive returns. Of course, that time and leading up to the financial crisis, "value" basically meant "financial". So we will figure out what it means this time around assuming the same s…
Hmm...I know what you mean. I have some large, mid, small growth funds outside of the index funds in my 401k too, but no value fund at all. Wonder why that is.
Good for me I'm indexing I guess.
I have this feature. I tried to get some answers on options available if I used self-directed option. The response I got was effectively "let me SELL you what we got, when do you want an appointment?". You can guess what my answer was.
I'm sticking…
@MikeM - When people take two separate uncorelated facts and try to link together, "cowardly" does not begin to it. "degenerate" would be the word I would use.
However, we should not ignore. "Ignoring" is what gave us Trump as president. The "nois…
@LewisBraham - No offense was taken at all. First I misunderstood what you were saying. I was giving an example with Steel, Coal, whatever. Of course I'm not saying they should be given more consideration than those who lost jobs because of Amazon. …
@BrianW - Yes, I already agreed, spending the SS surplus collections is wrong. The problem is Congress doing that for years. I'll even concede calling it "slush" for no other reason than I don't think it is relevant to what I'm trying to say.
No on…
@LewisBraham. I did not do any analysis. Matter of fact, I cannot imagine anyone saying I did some analyis, especially you whose opinion I respect a lot. I don't think I even did any ANALysis. But I will try THAT now.
When certain professions die o…
What I don't understand is we are making so many advancements in technology, AI, bullshit, biotechnology,...sorry, not bullshit, wait...yes bullshit. THEN how come cost of healthcare does not come DOWN???
We are living longer because of advances in…
@Old_Joe - Who elected Ted the Lexical Analyser to determine what should be in "Fund Discussions" vs not?
Anyways, I do think some thought needs to be spared for those who worked in Coal industry forever, just like it should have been for the Steel…
@BrianW, I think maybe you wanted to include an Image, but only text "image" is showing.
So I see what you are saying when you mean it depends on future contribution on others. However, so many other things also do the same? What is the difference…
Well, automation drives savings in operational expenditure for an organization. If TRP can leverage their "robo advisers" to help garner assets just like they would their "human advisors", then can pass on the savings by firing the "human advisor" t…
Err...I don't understand ribbit, ribbit with just the 2 examples you provided:
:-( and :-( :-( :-( :-( :-(.
So let me say some thing to you in English and then perhaps we can start constructing a grammar so humans can start understanding what y…
Everything today is about "opinion" and "perspective". We debate 2+2 = 5. Logic and Facts have no place.
https://www.vanityfair.com/news/2018/05/is-china-straight-up-bribing-donald-trump-zte
@hank. I'm civil to those who are civil to me. I was bullied until I was 12 years old. I stopped taking s*** after that. The problem with the internet is that virtual bullying is rampant. I never start anything. But you can trust I will finish it.
…
By all accounts, Gross did what he wanted when he was at PIMCO, so regardless of any alleged bench strength he could still have made the same decision. Also he is now "unconstrained" only. Not sure if he ran that strategy at PIMCO as well and if he …
LOL. The title did not suggest it had anything to do with Bill Gross, and I stay away from "OMG!"stuff, so would never had read it unless you linked it.
One can always make excuses.
He is old is discriminatory.
He is distracted is well, person…
Social Security is about creating a safety net for those WHO NEED IT. If Mitt Romney who has/had an IRA worth $20MM and still accepts Social Security it's not a Ponzi Scheme.
It's not that. Some people don't want to retire. Look at Warren Buffet. Just imagine what would happen if he ends the year 5% up for the year.
In a way it is better he has lot of his personal wealth invested in the fund. He is feeling the pain too…
Oh my god! Japan opening up immigration! I thought they were the most - I will not use word - society on the Planet. I personally know people whose families fought in WWII who would pick Hitler over the Japanese.
Some day we will find Japanese cit…
I guess discussing morality makes you a "communist". Beyond despicable how these "democratic", "capitalistic", "pigs" - please note I did not say "capitalist pigs" because that means something else and they are "pigs" first before anything else - ta…
