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.
We went to Iceland last September. It is definitely unique. We rented a car and drove the Ring Road. I greatly underestimated how long it takes to drive between locations...two-lane road, not interstate system.
What do you do in Iceland besides look…
We were supposed to go to Crete. But that was for an art festival my wife hooked into.
I'ld like to rent a little abode somewhere on the west side of France. Close to the Loire or Bordeaux. But ideally close to, or in, a town with a good farmer's m…
Something like that. I obviously sold NASDX too soon. Why fool around with 494 losers on the S&P?
Remember when GE was cock of the walk? IBM? Intel? Oracle? Cisco? Microsoft? Hey . . . wait a minute.
I searched on nifty fifty and found it is …
Not a cook, but I love to talk about travel! It's somewhat limited these days, but we can still plan, right?
We were going to Crete. First time for me out of North America
The political discourse vis a vis the two candidates is fine...they are public figures. The posts that target other board members or non-public figures.. ie, "The Dumbest States of America" are not. Just my opinion. I think a lot of people are bored…
Ashes and fine soot covering just about everything around the outside of our house. Heavy smell of smoke. And we're located west of Twin Peaks, if you know SF, where the air is usually very good due to the nearness of the ocean and the prevailing wi…
yeah
“The regulatory environment next year is going to be brutal for these [six] companies."
https://www.washingtonpost.com/business/2020/08/19/tech-stocks-markets/
I hope so.
And I don't read the Bezos Post.
Your post made me think of this one I read recently
The value of companies like Apple, Google and Microsoft is made up primarily of “intangibles”. That term can cover all sorts of things, and is often taken to refer to some special aspect of the fir…
The SF Chronicle today ran an article regarding local landlords making major rent concessions in return for a one-year lease (instead of month-to-month).
At least to those renters that can still pay.
How's the air quality from the fires?
What I found concerning, though not surprising, was the discussion of personal bankruptcies.
It was widely reported yesterday that Walmart was seeing declines in spending as the various stimulants ended, or were spent down. Is Walmart likely in tr…
Inflation seems like a plausible outcome. Loose fiscal policy (MMT in action over time in many developed countries) combined with central bank largess may well eventually cause the inflation rate to increase substantially in a sustained manner.
Ye…
But cash will fall in value too. Gold or hard assets, maybe?
Maybe in comparison to a loaf of bread. Maybe not in comparison to stocks or bonds.
Seems to me the force the central banks have been fighting is deflation. Maybe we will finally get tha…
@Old_Skeet- And why exactly is it that you have installed a quite expensive automatic-start generator?
Maybe because of unusual weather events?
Like hurricanes?
Or maybe once-in-30 years heatwaves?
Come off it, Skeet.
First rolling blackout in…
My power was out for a few hours last night in Arizona where it has been running 115.
Naturally I'm going to vote against the party in power. From top. To bottom.
I also know I won't be voting for any politicians from New York. Because they do a l…
I have friends who live in Moscow, and another who lives in Chelyabinsk. I have been to Russia 5 times- and they dont believe a word Putin says!!!
Hasn't that been the way Russians feel about their government since forever?
I'm very curious as to exactly who in the Post Office is generating these warnings. If it's at the direction of the new Trump appointee, Postmaster General Louis DeJoy, it would seem to be counter to Trump's best interests in that the warnings shoul…
GISYX has surprised the heck out of me. I mainly picked it because it's a midcap with a reasonable expense ratio and reasonable turnover.
Since I bought it on January 9, 2020 it has out-performed FSMEX, and everything else in my portfolio except U…
Yes, HI will have drop-off boxes, too. But that should be an afterthought, were it not for the Orange Traitor.
The Post Office has done a fine job in my experience. I relied on them a lot in my last "career." And it worked out as well, or better, …
I don't know how it is in other states. But in Arizona I have the option to drop off my advance ballot at designated polling stations, or places like city hall. IIRC I had the same option in California.
Folks that are worried about this should che…
And where exactly are all of our vaunted "checks and balances"? Evidently even the founding fathers, who thought that they had seen it all and tried their best to prevent the future destruction of their work, couldn't imagine all of this.
They didn'…
Keep it civil. Remember the wisdom of Desiderata ...
“As far as possible, without surrender, be on good terms with all persons. Speak your truth quietly and clearly; and listen to others, even to the dull and the ignorant; they too have their story…
@Sven: You commented, "It is not too late to dump Pence and pick Nikki Haley. Senator Harris will destroy Pence in the debate, even more lopsided than the debate between Benson versus Quayle. ''
Has this ever happened before , where a VP is droppe…
re DODFX . . . Three of the managers that left were older members of the firm: Gunn, Cameron, and Serrurier. Yamada struck out on his own. And so did Gofman. So, that latter is odd for D&C. But that firm has always had average tenure around 20 y…
@WABAC
Well, since you asked- I believe that you've said it very well- I can't improve on "She didn't impress me when she was the DA in SF, or the AG for California. But it's not like she was a train wreck. She seems amiable, photogenic, and unlikel…
Getting back to investments, maybe Biden's picking Kamala is supporting the markets. She's super close to Silicon Valley, so it's a sign that a Biden administration won't crack down on the tech giants.
Multiple factions in both parties are gunning …
I'll be curious to read what Old_Joe has to say about her.
She didn't impress me when she was the DA in SF, or the AG for California. But it's not like she was a train wreck. She seems amiable, photogenic, and unlikely to make huge mistakes.
She …
To be safe, I requested confirmation in writing. Vanguard then said no, if you add limited authority to one IRA, that will apply to all your IRAs, and thus downgrade the POA on another IRA to limited authority.
I believe this latter info, received …
I'll be curious to read what Old_Joe has to say about her.
She didn't impress me when she was the DA in SF, or the AG for California. But it's not like she was a train wreck. She seems amiable, photogenic, and unlikely to make huge mistakes.
She …
After 40 years in Northern California it's always a shock to travel back east to where people build with brick. Under the circumstances, a 5.1 would make me nervous too. With any luck there won't be another such anytime soon.
Since my Cardinals continue to test positive . . . I don't have much to keep me busy online.
There are good reasons for updating our infrastructure that have little to do with what is happening right now. So I'm not here to criticize infrastructure…
What’s everybody else doing to compensate for so much travel and entertainment being lost this summer?
Eating well on my own home cooking. And drinking better wine with it.
My wife admits I'm a better cook than most restaurants around here. But…
These "experts" missed the fact that the Fed is controlling these markets since 2009 and conventional ideas are not working.
Basically, I disregard all "experts" and articles, their job is to sell you something and/or can't predict the future and de…
