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.
Reply to @hank:
Here is his brief Bio from the blog.
http://oldprof.typepad.com/about.html
I am not sure when he did advise Wisconsin officials. It could be when he was active prof. Or It could be a long time ago. Would you mind email him and a…
Reply to @Mindy: You only need 1 share of the stock to trade up at closing for stock to go up.
Similarly, a series of low volume up trend can make the whole index/market go up.
Do not use this thread anymore for your new positions anymore. There is a newer thread at:
http://www.mutualfundobserver.com/discuss/index.php?p=/discussion/6443/new-thread-what-are-you-buyingsellingpondering
Reply to @AndyJ: we are not going to make fast progress on this. Each recession cuts the fat on companies. In this past recession being so deep forced companies to do much more with fewer human resources. Automation and outsourcing has replaced thes…
Reply to @Charles:
...you must avoid downside losses and be in the right instrument at the right time.
...you must move out of bad investments before losses become serious.
...monitor performance relative to your expectations and cut off signifi…
Reply to @MaxBialystock: if you only have $6000 to put, I would put $5000 for her in her IRA (Roth preferably) and put $1000 in yours. It is only fair that she gets the first in line since it is her job that is making it possible for both of you.
…
Reply to @MaxBialystock: it is ok. What I was warning is this: You can contribute to your own account up to the limit w/o problems if are filing jointly and wife has enough earned income. It is the exceeding of limit that would open you to penalties…
The law allows you to fund an IRA if the family income is sufficient. but IRA is personal account. You cannot simply take her contribution and your contribution and put all in one account. Yours need to go into your account, hers needs to go to her …
Reply to @MaxBialystock: Actually, the bonds that are popular on this board are NOT negatively correlated. In fact, most bonds that are held by this board members have positive correlation. Those high yield bonds, mortgage back securities bonds, et…
Reply to @Art: Sorry for your friends. But, paper mill industry is probably not a growth sector. And yes I understand it is never a good situation where the major manufacturer lay off a lot of workers in a small town. You can always find a place tha…
Reply to @hank: I don't think it has to be a binary in-out decision. If you feel that you need to enter, do it so over a time period.
It does not have to be all stocks. Pick a stock/bond allocation that you are comfortable with. I personally think…
Reply to @AndyJ: If you look deeper in unemployment situation, college graduate unemployment is actually low. The unemployment among those w/o college level education is problematic as companies look cutting costs by outsourcing and/or employing hi…
Reply to @David_Snowball: Very odd indeed... I am very curious of what actually happened.
Perhaps, Adobe PDF plug-in is optimizing the resolution of the images displayed based on server bandwidth/latency but that is a long shot.
I am sorry John but on a day like this, I feel sorry for those that have been fighting the Fed and the market in the past 4-5 years. Now, they regret and question if there is any room left to go.
Reply to @Charles: I would give you thumbs up if these was such a function in the forum.
Though part of the reason for today's rally is that ECB cut interest rates. That should ease credit conditions a bit in Europe which is good for US companies t…
Reply to @MJG: Thanks for mentioning Mandelbrot and the course recommendations...
Mandelbrot's power laws certainly model behavior of the market better but his formulations in that book are hard to use very susceptible to small changes in data, as …
The logo also looks like a bike or big of heavy construction dump truck for moving earth around.
Anyway, I looked at your two PDF documents that incorporate this logo. The black logo in there is grainy/jagged. You need to fix that. Also the blue ve…
Reply to @MaxBialystock: Pension income is not considered 'earned income'. For IRA contribution you need earned income. If you are married filing jointly and if only one of the spouses has earned income as long as earned income is big enough both sp…
Don't you have an account at the company that you can access online? You can perhaps logon your account and check what it became even if you missed the prior communication from the fund. Typically, these things are also announced at the management c…
The grad student who exposed Reinhart and Rogoff: They still can’t get their facts straight.
http://qz.com/79051/thomas-herndon-the-grad-student-who-exposed-reinhart-and-rogoff-they-still-cant-get-their-facts-straight/
Reply to @bee: What you are doing in the second chart is typical rebalancing with pre-established bands. Although you seem to be rebalancing from equities to bonds only.
Reply to @Investor: As an add on to my argument when Interest rates will rise, according to current projections it is likely to be 2015. (When inflation exceed 2% or unemployment is reduced below 6.5%)
http://www.calculatedriskblog.com/2013/04/fomc…
http://blog.yardeni.com/2013/04/s-500-revenues-us-exports-excerpt.html
Both the levels and the growth rates of S&P 500 revenues and US nominal exports are highly correlated. Nominal exports remained in a volatile flat trend during the first two…
Ginko's analysis is correct. The interest on the short term basis is firmly controlled by the fed. The longer term interest rates are controlled partly by Fed but partly by the market. The fed interest rate policies can change as the composition of …
Reply to @MJG: I think it is OK for David to ramble. Some small talk is actually healthy. If we only have serious stuff it gets boring and people lose interest. :(
@Ron, when you sell physical gold what sort of price are you getting? Unless you are a dealer isn't it the paper POG minus commissions which I understand it quite lucrative to the dealer. Conversely if you buy you are buying with a pretty hefty comm…
This issue was taken by Colbert Report. There is a funny prologue followed by second part interview with the Grad student that found the error.
http://www.ritholtz.com/blog/2013/04/colbert-demolishes-reinhart-rogoff/
When I got M* Portfolio Manager I get this right now. Hopefully upgrades resolve the issues we are seeing recently:
We are currently doing some maintenance and upgrades to Morningstar's Portfolio Manager.
Our scheduled downtime is: Tuesday Apr. …
Reply to @Hiyield007: For those that are interested in PGDIX the A share class PGBAX is offered load waived NTF at Fidelity:
"This fund is now available NTF (No Transaction Fee) and offered load-waived through Fidelity"
The fund has about 300 stoc…
Interesting discussion you guys are having here. My aim in opening post and follow up was the interesting fact that government spending this recession despite the stimulus was much less than it was publicized in some circles. I also noted that gover…
Reply to @Ginko: I agree with your observations. I just want to augment the 2nd paragraph that the higher interest rates were often observed in countries when they don't control their own currency or they issue debt in another currency. I add this s…
A bond portfolio that is more in line with what Bogle has said can be constructed using a few ETFs.
50% BND or AGG or SCHZ
30% VCIT or LQD or CORP
10% JNK or HYG or HYLD
10% TIP or IPE or SCHP or TIPZ
If you are uncomfortable with long term bonds …
