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.
Old Skeet is brave posting here knowing how ruthless you all are when he says anything.
Some of this same crowd loves his barometer thread and here he any one leaning conservative just gets pounded. So here we are with the Dems putting up a candida…
Seems like a smart idea would have been to declare a 3 month holiday on all rents and mortgages. Takes pressure off small businesses, alleviates anxiety, and probably easier to manage than all this other stuff.
You mean to defer rent or expunge it …
@Crash,
Ray Gun's damage, which was hardly new, was ginormous and has been sooo longlasting
@parsig9,
Thoughtful reflective response seriously appreciated
Sorry do you mean you would appreciate a response or you have done so?
Not sure how to b…
Not sure if I want it both ways but I see your point. I think of it more as the philosophical side about what is the best way to have a society and the necessary and practical side based on current law. One side is more interesting to discuss than …
Right, limit down again. Man this is really something. More buying tomorrow if it holds.
Deep breath. Looking at tech tomorrow. Maybe some PRISX soon as the banks are so well capitalized. Is that even true? Will it hold? My stomach is iffy enoug…
Incorporation is meant to protect ownership, entrepreneurs, so to encourage the starting of business. It is not a gateway to public ownership of the means of production. I don't really have the legal background but I know our LLC offers similar prot…
Is liquidity not enough value? The results of investing produce a lot. Are the profits from investing detrimental too? What about an investor who creates a private foundation with his profits? Or a library? Who cares what private companies do with …
That is not what rent seeking is in the modern sense of the term. That is how the term first came about.
You don't have to do manual labor to add value. Investors, inventors and others add plenty too.
Some moderate taxation is useful for services.
…
I think there is a misunderstanding of Rand's self interest and Austrian school. The rent seekers who go to gov. with their hand out are nothing more than leaches. They are not liberty loving people or Austrians. It is the duty of government to lim…
Well I was just throwing out a number....Those are not going to be the numbers. Many people have it who will never show up in ICU or even get tested. All or mostly all who die from it will be measured. Overall percentage is therefore much lower. 99%…
Spent 12% of my portfolio on PRFDX, PRDGX, TRVLX . Bit on PRNEX too. I will start moving around 5% a week from my cash equivalent funds into equity until it's gone. I am comfortable buying from here down to oblivion. I have 15- 20 years to retiremen…
A yikes day for sure. I am in Michigan and our restaurants and bars are closing today, except for take out. Dentist just called and is closing until 4/6. I am a teacher and I do not think we will go back until September. One more day like this and …
So what will happen to my bond funds now!?!? PRULX rocketed then last week dropped like a stone. Are they buying bonds with the QE?
So, do you remember that scene in Casino Royale where Dimitrios pushed all his chips in and then drops the keys to t…
I think going to cash and selling the perhaps overbought long funds are something I can accept. Still think yields are going lower and this is no sign of a rebound. We barely have a drop of the virus here and schools are starting to close including …
Yikes, circuit breaker tripped. Buy the dip pshaw...
PRULX will go to the moon today. Wonder if the FED will speak? This and Covid are going to give the President fits.
...the kinfolk said Jed should move away from there. On a serious note, this oil war is a curve ball I did not expect. Do the oil companies really use the undrilled oil as debt collateral? As prices fall the banks might find it hard to justify inves…
I figured most here did their own investments online. I have used TRP online for years and think it works out great. What do you like most about going to the office?
So something hinky is going on. A 900 point rally in 20 minutes on a Friday smells like rubbish. Oil down 10% today. Bond yields crashing and more rate cuts, possibly three in the next 6 weeks. Any of you looking at oil or airlines yet? :)
Looking next week to PRNEX and PRFDX. Both getting hammered but p/e looking good mid teens with low expense ratios. Both oversold.
PRULX finally jumped today. Up almost a dollar since I got it early February. Looking to use some of that. Thoughts?
Other nations in Eur. will be having cases soon, shutting down tourism. Oil is going to move much lower as are the broader indexes as demand drops. I think moving to bond funds is safer ground until at least late May. I say this partly b\c of the di…
I can't tell how serious you are Simon? :)
We'll never see 2008 again in our lifetimes. If you are a long term investor just keep buying the dips until 2035. This a Wave 3 Supercyle that will lead to undreamed of stock prices.
No worries.
Tweety Amin! HAHA. Right rforno, there is a long way to go. Your stats are a great indicator that we have no idea where this is heading. I am all for growing markets but no one would be happy if I was Caesar. Balanced budgets would be number one a…
Wrong time to chase the market. Ever since CNBC stopped allowing comments I read more Marketwatch discussion. I know the Fed can go lower and there is talk of zero and negative rates but they use this to justify confidence and buying at least throug…
First post. Hello all. I think this disease will effect mkts a lot. I have most everything at TRowe inc. my Roth and 403b. Have been in PRHSX and PRGTX along with PRNEX when prices drop for energy or the fund fall into the low 30s at least. Few week…
