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 saw an interesting YouTube video on that missile. I'm making up these numbers but it went something like this. Kyiv is at 20N by 40W, Lviv is at 30N by 60w.
The site that got hit is at 20N by 60W (one from each city) so they postulate that whoever…
Ahhh the 70's... loved the late 70's early 80's. Mortgage was 14% BUT we were getting raises every 6-9 months. It's all relative. If bonds get to 10-14% I'm buying as many LONG term CDs as I can. ;^) ;^)
Yes, someone from CA bought the house across the street from me (on the east coast) at well over asking price sight unseen as an investment and are now renting it out for probably more than their mortgage payment. There's probably a lot speculati…
It might be the new norm for a while. People are figuring out, hey I can work from home why pay crazy city prices. I can live anywhere...maybe I should move to where I vacation etc...
Totally out of control... I think people are making up outrageous numbers when they put their houses on the market now from what I've seen and unfortunately they are getting those crazy prices and more. Last one I looked at they only owned for 1.5 y…
Retired @53 and took it @63. I didn't need it but took it because tomorrow is not guaranteed. A bird in the hand yada yada yada... Unfortunately I know someone who only benefited 2 years. I'm glad they took it asap.
Not too worried about it since it only affects those with 1 million+ in annual income. ADD: Unfortunately IMHO they have lawyers and accountants who will play the game to avoid most of it.
I would worry about the US or China or Russia starting their own digital currency. What would that do to bitcoin? I was reading something about China already started their own digital currency. I admit I do not understand it at all. What will become…
SP500 Index for money needed in 3 years?! What happens if in 2-2.5 years the SP500 index drops 20-30% and then takes 3-5 years to recover? You're going to be selling at the worse time. It's been so long people are starting to forget what can happen…
For me... who retired in 2007 and took a BIG hit in 2008,2009 it's hard to jump fully back into the water. I know it's been a while and I'm doing it slowly but I really don't see the need so I stay conservative. I read the following one time and it…
I've read another interesting idea re: gold. Gold usually does well when it looks like inflation will show up but some are saying Bitcoin and Crypto currencies are stealing some of golds thunder.
A lot depends on a double edged sword....immigration. More consumers, more expansion, more growth, more tax payers BUT not welcomed by many and a possible divider political issue.... hence double edged sword. Would our population be growing or shri…
I use Pviz and Stockcharts "PerfChart" dropdown to compare all of the funds I read on various message boards. I always compare equity funds to VTSAX (total stock) and bonds to VBILX (Int Term index) -- I have found over time very few beat them.
But Ritholtz is refreshingly direct, savvy and with wisdom gained from a lot of experience:
I like Ritholtz too. If you haven't already found "The Compound" on YouTube Ritholtz folks have some very interesting discussions.
I liked that tweet (Musk). Did you see the follow up tweet... something about Musk selling cars that didn't exist on the promise they'd be available in the future or something like that. Kind of throwing it back at Musk that he did something sim…
It is sad actually. When big money manipulates the market... ehhh no big deal. When big money starts losing money.. the sky is falling, we have to stop this or the market will collapse! Same with insider trading.. a few senators sold their stock ho…
15 years is a long time. 15 years before we landed on the moon we didn't even have an orbital flight. It seems like a short time but a lot can happen in 15 years, more so with an optimistic outlook. I'm sure in 1954 there were people who said ther…
Locked out again today. Something is going on at Vanguard. System upgrades or something is messing things up as I haven't had this issue for months/years. Now in a 30 minute call back queue. 30 minutes!! This sucks for 2 reasons, it's long AND I n…
True but If you can't get logged in you can't look at statements. I don't get paper statements but I do download a statement quarterly just in case. My mistake, I didn't think to look at it.
Finally got through. Once logged in it's easy to find contact number but if you get locked out it's not easy to get through to a talking person. I never had this problem before so I added the VG number to my contacts.
Welcome to the future and universal basic income. Maybe not my lifetime but it's coming. 20 hour work weeks then Star Trek-ish.... no money. Let me in HAL
The fact they're eliminated says to me someone(s) complained. Probably because they are thin skinned or dislike that everyone doesn't agree with them. Why people can't just ignore what they don't like is beyond me. As we've learned since birth... th…
I just read about a couple who died together 4 minutes apart from covid with this quote from their child:
“It’s not a joke. It’s not a hoax,” Peoples said. “I just don’t [want] anyone else to get hurt. I don’t [want] anyone to feel the grief that…
Most whites don't realize or (I've been there ) don't get it... what if the previous 4 generations to you were shall we say not given a fair shake... THINK ABOUT IT.... . I was always against reparations but not now ...walk a mile in their moccas…
If you're a vet and you vote for Trump I can't understand it. He basically called you an asshole for serving because there was nothing in it for you. The FOX NEWS reporter says her sources are impeccable. I've seen her often and she's about as pr…