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'll tell you flay out- look at the eyes and facial expression of Housel. If he isn't high on something then he's borderline mental. I wouldn't even listen to anyone who looks "hyper" like that.
Jeebus. He sure comes off like a tweaker.
I've read …
Thanks for the dose of reality. What have you got on the shrinkflation of Three Musketeers Bars and the disappearance of 50 cent burgers at local lunch counters? :-).
1964 to 1974 isn't much time to a kid looking back from my vantage point I guess…
and the widely estimated +3.1% wasn't that bad.
That's the attitude I remember from the mid 60's when comic books went from 12 cents to 25 cents in no time at all.
So it's still going up, just not as fast as some people feared, so that's supposed to be good news, and now we can cut short-term rates. Yipee.
It's going to be a long time before we see inflation at 2% again.
Speaking of muni's, I'm enjoying a nice run with MGOIX at the moment.
We shall see what comes out of the inflation report tomorrow. Might be time to go crazy and swap BUBIX for BIMIX and fold CBUDX into BBBMX :-D
The current duration of my IR…
Trader Joe's is not what it used to be. I mostly go for the dark-yolk eggs and wine selection these days.
We have various types of ethnic markets around us for quality vegetables at reasonable prices. The Korean and Halal markets are good places t…
Here's a link from The Telegraph riffing on the issues raised by @yogibearbull.
The International Monetary Fund (IMF) warned this week that banks now have about $4.5tn of exposure to the “shadow banking” sector, a sum exceeding the size of the entir…
The big money in gold has already been made--most likely by people that always hold some amount as a matter of personal investing policy.
One of the advantages of "deworsification" is already being there when the fickle finger of fate turns in a n…
Cui bono?
I wonder who made the big bucks on the TACO trade between Friday and Monday? Who got the tip the Friday threat was coming? I've read that there were some profitable shorts in crypto on Friday.
https://cryptoslate.com/the-big-bitcoin-sho…
Cui bono?
I wonder who made the big bucks on the TACO trade between Friday and Monday? Who got the tip the Friday threat was coming? I've read that there were some profitable shorts in crypto on Friday.
https://cryptoslate.com/the-big-bitcoin-sho…
From @bee's link:
The country has used more cement in its construction of new cities between 2011 to 2013 than the entirety of the United States in the 20th century.
Nothing long term about that when your demographics are cratering. And it doesn't m…
Action in the IRA today: Bought MGOIX to equal roughly 6% of the portfolio. It has been trending nicely among the longer duration funds I track. I like the fact that it is not made up of the usual suspects.
I started small positions in several equi…
Decided to be contrary, and bought MGOIX as the last leg on the bond fund ladder for the IRA. It's a taxable muni fund categorized as intermediate core by M* and as municipal general & insured debt by MFO P/(Lipper). Like a lot of bond funds, i…
China has a lot of problems, including cratering demographics. That doesn't appear to have slowed down the desire to maximize productive capacity beyond reason, seemingly in nearly every human endeavor.
I am leery of this class in general in a slowing economy with increasing consumer stress, especially auto loans etc.
If the manger is exceptional, may work out, but i would be cautious and these things will probably be a lot cheaper in the near fut…
I think of an AI like Perplexity as a better search engine without so many ads--yet. All it does is scrape the internet.
Ten years ago few would have thought of searching google for the best mutual fund to buy right now, or, what is the cure for cl…
To begin with, I look at all of the money being spent on data centers, and then I recall all of the money spent on rolling out fiber before the dot.com bust. It wasn't just pets.com that blew up.
I wouldn't put new money into a fund like GRID, or …
@WABAC Thanks to you, & thread drift, I just found out about gas fired AC units! WE use an "older" high efficient AC electric Rudd. By the look of the summer usage on electric bill , it may be time to replace!
I have no idea how they compare …
@WABAC, interesting that our oversea funds/ETFs far out-paced that of S&P500. Same goes for bonds too on dollar term. For now i will take a wait and see.
I no longer look at etfs for bond funds. PYGSX is about as close as I can get for the du…
I love my induction hotplate. It adds almost no heat to the environment, which is a consideration during an Arizona cooling season.
I also like the ability to fine-tune the temperature setting. So I'm currently cooking something at 175, and if I …
A few thoughts come to mind . . .
I would like to see a breakdown of where that money is coming from. Is it some sort of flight to safety> Or is it wanting to get in on the AI boom?
I have a feeling that 30% of our equity market invested from o…
I am always suspicious of people that tell me we have to spend down our portfolios. Seems to me that is what the IRA is for. And if we can hang onto some of that, by golly . . .
The house is paid for. We're enjoying security we never enjoyed before…
Hey, have you thought about crypto? It's really popular.
Hey, have you thought about private equity and private credit? It's what smart rich people do.
I had fun with the query
Exactly! That's a big motivator in commenting on some threads.
.
I wouldn't be here but for MFO P.
I spent some part of my working life selling raw data to people looking for answers. Some people asked better questions …
"On the one hand, one can stretch boundaries a bit to avoid lagging.
OTOH, one tries to avoid taking on fundamental risks regardless of how well behaved the fund appears to be. Performance, even risk adjusted performance is not the end all."
Very w…
So I queried MFO P with my morning coffee, because I like queries. Here is what I came up with:
Basic Info
• Asset Universe: Mutual Funds
• SubType: Bond
• Age, years: 10+
Index? No Index Funds
More Basic Info
• Share Class: All Classes (Note: Th…
When I have responded to the OP in this thread I have tried to keep in mind that he just might know his own druthers better than I do.
If I was looking to creep out on the duration limb I might look at similar constraints.
But, you know . . .
So…
