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I am exiting my PC investments (or hope to at least). No idea if the rot is systemic but I am not waiting around to find out.
I'm feeling really dumb today, and I want to share that special feeling, :-D
PC? Politically correct? Personal computer?
VOO and QQQ (or QQQM) are the only funds I would purchase.
Very liquid, low expense ratios, low frictional costs, and ample diversification.
Active management is nonsense in my opinion.
Passive funds like VOO and QQQ are tough to beat for investors…
@WABAC
Ok, I don't know how my response to @JD_co 's funny and identifiable comment veered into a DCA discussion, but I appreciate it. My tax-deferred account does as you mention, but I make two Tech/SP500/International investments per year in my ta…
I was looking through my watch lists and I see that many funds are missing their periodic returns; which makes it kind of hard to see how some old funds behaved fifteen years ago when you can't even tell how they did over the last week.
Who still p…
Are you dollar cost averaging? If your broker won't accommodate that for you, you need another broker.
I don't follow. Drop = Invest. $10K invested in Tech in 2022 has gone a lot further than $10K invested in 2021. Don't plan to sell anything for …
It has been this way for years. They used to give you some interesting information. Then they cut all that and acted like they were doing you a favor so you wouldn't be inundated.
And the service has still been intermittent.
I would hate to be an…
I use these memos as a source of advice and counsel and not as source of actionable items.
I feel that I am a more rounded investor for having read and learned from them.
FD1000 believes articles or stories must include information that is currentl…
Bought a few shares of a tech ETF today (toehold). So, you can be sure the top is near.
Lol. I feel your angst. Every year I drop about $10K in a Tech ETF/Fund, an S&P500 Index fund, and an International Large Growth fund. Wish I could time th…
Action in the taxable: Sold PEY and CSB. They just aren't doing anything for me besides going sideways.
With the proceeds of the sale 2/3 went to IDOG and 1/3 went to EISIX. So my exposure to foreign value is roughly equal to my position in VWIGX. F…
Check with FullyDuped1000% on that black box. From his numerous self-admiratory claims I believe that he invented it.
In his own mind he is without Peer, or as he would have it: Pierre.
The ups and downs of stock funds are nothing new to me, and I accept the risks, but losing money invested in a bond fund is frustrating to me, since I have naively thought of them as safe spots.
It's probably just me, but it feels like most of the…
”It sure was a fine example of an Emily Litella rant.”
Thanks for the clarification. I thought perhaps a parody of a half snockered Fox News personality.
Just my impression, but there's room for plenty more, that's for sure. So much room.
Another scream of “Doom!” because fear sells clicks and keeps the base scared. But the kids (and the adults) are catching on: the monster under the bed is just a sock puppet.
Ah, "Ms. Pier" lands again—gotta love the autocorrect rebellion. If you'r…
@FD1000,
Thanks for the AI piece.
Is that how Sonali Pier turned into Karine Jean-Pierre? I was wondering.
It sure was a fine example of an Emily Litella rant.
Action in the taxable: Sold PEY and CSB. They just aren't doing anything for me besides going sideways.
When the dust settles I'll be buying some foreign stuff. Everything US is too expensive for me--except for consumer durables and health, which …
Only fortunate because I know it would drive me crazy obsessing over every detail all the time. So I'm not as crazy as I could be. :-D
I bought SMH for the taxable in February 2024 when some poster here was talking about chips. So I put a few bucks…
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…
