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.
Nvda gained more market cap in one hour than total market cap of AMD
Please don't tell me this stock market is anything but insane....and you're supposed to fund your retirement by quote investing end quote in it
@fred495...question if you are comfortable answering...how much of a change meaning your 100% Treasury MMKT and FDIC CD portfolio from your past portfolio...were you very heavy in those investments prior and if so what % of your portfolio?
FWIW...I…
From my perspective this is about the egregious spending by the Biden administration...his wacky progressive policies...frightening to think that one person, Manchin prevented the Grifter from spending another what $4 Trillion...to think we don't al…
The authors’ (Feldstein and Wrobel) research corroborated the theory that more progressive state tax structures cannot achieve redistribution of income in the long run. In states where high income individuals are taxed more heavily, migration increa…
Everytime the taxes for the "wealthy" have went up three things have happened. 1) Economy slows down 2) Both the wealthy and the poor are hurt with the poor being hurt more 3) tax receipts go down.
What the Bolsheviks want is exactly what you see …
Fine line between reality and make believe these days....
So.
All these bank issues remind me of what Marc Faber (the guy you don't see on the shill networks anymore because he speaks truth which don't agree with the political/social views of the …
Spending 1 Trillion more every year than they take in...we got all the monies to send to Ukraine and keep that war going instead of forcing a negotiated peace...freebie for kids to drink beer and study gender studies in expensive overpriced colleges…
Ha! Good stuff
@Mark. You mentioned distracted driving. So many clowns driving around higher than a kite now. A friend got rear ended by a gal who didn't stop. Kept going, he followed her and she rear ended an elderly couple at the stop light a m…
What I find interesting regarding index funds is what Fleckenstein refers to the endless money train into said index funds (my paraphrasing, not his words) from retirement investors into 401Ks etc., just like what folks were thinking in Japan years …
Would the class agree that indexing and especially target fund investing are indeed active management...indexes do change over time..so really the advantage is as mentioned prior, low costs and keeping the "man away from the machine, man only there …
Put on a starter position in Connors Hedged Equity, CVRDX...USA Quality Blue Chippers , Covered calls and some puts....In this market, I like that the guys running the show have a little grey hair on 'em...I want experienced pilots flying my plane, …
I think all of us are looking for a smoother, less dramatic ride...whatever that means. With indexing, you ride it up, you ride it down, and please don't tell me that there is a law of nature that says stock always go up over time...proven fact the…
So ya, interesting how you see guys like Ritholtz talk about "The Libetarians" etc now wanting back stopping from the Fed etc for their unisured deposits...other articles interjecting a smoke show how now the Wealthy are crying for help to save thei…
Real talk.
So much concern about collapse of the whole she-bang...no? Just goes to show how much this is all based on confidence and trust...like anything else in life I guess.
All of a sudden those Gold Bugs don't look so loony anymore...was jus…
Good marketing though, no?
Isn't that what most of us are after. The perfect find...kind of like prwcx? Not sure if I meant to be sarcastic or I guess you could argue that's as good a fund as is out there
While I don't normally condone violence. I believe those three deserve a good ole fashioned, Chicago style, knuckle sandwich. Tune them up real nice behind the garage.
Sheet those clowns have really created real hardship for iot of folks with thei…
@BenWP
Fair point you make from where I'm sitting. Reminds me of what kudlow said a while back about all the quant etc funds. "they all work until they don't when you need them to" or something close to that
I do hold but likely going to sell out …
I have to agree with @sfnative...the Money Market funds in Schwab are as "safe" as their underlying holdings. Even if Schwab went under, creditors could not come after the MMF you own. The Schwab brokerage is a separate entity from the Schwab bank…
@junkster enjoy the hike...I was just hiking myself in Western NC a few weeks ago...beautiful weather and hike.
You might move monies into SUTXX/SNSXX Schwab US Treasury MMF...100% Tbill, less than 1 year maturities, weighted ave maturity 38 days.…
It's like my Dad told me.... you're going to be fed a lot of stuff in your life.... you're gonna have to decide if you're going to swallow what they are feeding you...
Dunno
@sma3...buy SCHW...ya, crazy part of me was thinking about it...but kind of remember during 9/11 after market closed the clowns on CNBC were putting word out that shorting the market was "unpatriotic"....F me to tears.
Question: How many folks will…
Snippet of article written by ALFONSO PECCATIELLO (ALF) -substack
"banks with assets below $250 billion (and a few more requirements) are not subject to the tighter regulatory scrutiny like big banks: no liquidity ratios (LCR), no net stable fu…
Team - I have to ask though, why did Schwab get hammered more so than most other financial instituitons last week?
I am more than nervous (although that is my nature...big propenent of Andy Grove Intel, only the paranoid survive)...what does the ma…
May I ask some of the experts on the board to educate me/us on what they would look for pertaining to the financial strength of a bank? Texas ratio, capitalization, deposit growth etc? What does it all mean and how should one intrepret all that? …
@lewisbraham. Ya, that was the problem with the bailouts last time. They should have protected and back stopped the depositors and let the banks etc go under. The one's who didn't leverage themselves to kingdom come would have survived and taken o…
@hank. Ha! For sure. Crazy days
True story. I was online earlier this week looking at JM bullion at bars of gold. Thinking about it, no action yet
Best regards
Baseball fan