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.
Sorry I posted another junk article before changes made...typo...Dr David and Old-_Joe's minds and fingers were extremely fast compared to mine..
Kind regards
Thx
Related - 10 wks to crush the Curve NEMJ read.
https://www.nejm.org/doi/full/10.1056/NEJMe2007263?query=featured_coronavirus
/Fight to win
The economy is in the tank, and anywhere from thousands to more than a million American lives are in jeop…
Thankyou Mr Snowball...(probably Aka MF manager of the year)
Pls consider continued contributions to MFO website
Sorry for all the negative commentary previously...will be much more mindful prior to contribute ideas/articles
Probably so much st…
So many of these pundits will come of woodwork and call market bottoms or nearing bottoms..double dip..impending doom...etc...
The reality is almost impossible to pick bottom...they maybe >
Hope another 600s to 800s points up today??!!
When they start moving they move like herd. No common sense at all
Stocks surge as virus slow down
https://www.nytimes.com/subscription?campaignId=78R87
Hi sir @_rono
What websites do you buy/sell your coins
Friend told us to use, had great experience previously with apmex
https://www.apmex.com/sell-gold-sell-silver-overview
We still have ed gld but only 0.5% of portfolio
Thx
Good morning
Not trying to downplay virus issues /data but seems many major medical centers in major cities are extremelyslow right now [except hotspots NYC New Jersey NOLA]. We have family members working in austin and houston medical centers, t…
Hello
CDC /other agencies learning 25-50% asymptomatic carriers may still transmit the virus. Many young folks really do not go to the doctor leading up to underreporting. Many predict once this is over in few months, calculated death rates maybe …
Thx for clarifications
In Texas tests are free but you need to be screen before getting a code to be cleared. Test centers are also limited. It's much harder than getting 'cholesterol screenings' for sure.
Hi Mark. Many people are probably very angry toward Chinese govt and was not forefront disclose of data that cause so much suffering / near world collapse past few wks...many my friends and family also very angry at president Xi/chinese govt...they …
I would not be surprised if they may do this with all frozen refrigerated foods then....the best things one should do is microwave everything before you eat...I learnt in bio/chem previously any prolong microwave -heat would disrupt all RNA-virus, b…
Been adding to tdf2040 past wk or so. Still 80/20 in tsp...keep rollings/Dca
Portfolio Down >25s% past few months. Hope we dont have double dip and recovery maybe 6-12 wks away if we do get this thing contained
Also added vgstx vanguard star…
I don't think Trump fail us. I think he has acted swiftly knowing the grave conditions after late Feb/formulation of COVID-TEAM, having daily briefings to ease anxieties amongst Americans; although he may have downplay the virus at the beginnings.…
Hi sir I was thinking with that much pain ahead /much uncertainties- (multiple risks factors) _why market has not reached 10k levels yet (or maybe we maybe too early)
Then again in 3 months all these events may pass and we may head to recovery. W…
Hi Sirs...
Maybe too late to get out now. Old_skeet snd catch22 post good investing monthly commentary/strategies. Maybe others posted good guides to follow if retired /closed to retirement. I am so glad following many others advise and place m…
Maybe Old_Joe may hold "virtual prayer services' for mutual fund investors, what a theme ..no hand shakes nor hugging nor kissing the CROSS/ Just 'donate' MFO fees to help management of MFO.
+21% up on 3 days, fastest recovery/fastest recession [only lasting 17days]. Any chance double dip?
Interesting read -where stocks go from here
https://www.thestreet.com/investing/where-to-stocks-go-from-here-prior-correlations-provide-a-playbook…
thankyou Derf - Appreciate your linkage
https://www.marketwatch.com/story/algorithms-sped-up-selling-leading-to-the-fastest-bear-market-in-stock-market-history-2020-03-26
/Opinion: Algorithms sped up selling, leading to the fastest bear market in …
Hi Sir @_Old_Joe, I am always wrong in terms of market timing, hope to stay that way. We are indeed 4-6 weeks behind China, so hopefully by next month, warmer weather at least in Southern States/less virus transmissions, things maybe more Rosy. …
Past 48 hrs feel similar to scene from Titanic movie, where the the end of ship move up before final dive to the bottom of ocean. Unfortunately many hanging on at ship-end do not make it. The ones that left much earlier on small boats were surviv…
What do you do if you are near retirements. We do not know if tomorrow is another large down day. Many predict sp500 can even recede to 1700 levels for another 30s% down. Many near retire hardworking folks may have to break their backs working a…
Hi @_Bobpa
I am not investment guru/expert, but I would imagine betting on more aggressive heavily stock driven portfolio [90/10], or Emerging market/oversea products may get you back to previous peak soon if there is indeed recovery. Many predic…
Buy orange juice, cattle/gold - Upswings recently. Becareful, trends may reverse with blink of an eye
(Thankyou catch22 for website linkage)
https://finviz.com/futures.ashx
Several Asian countries (Japan, S.Korea, China) will open schools soon. Asian stocks starting slow rebounds.
May add more to QQQ and VOO, VTI probably in few weeks if US follow. If Biden/ Trump camps start planning rally events, stores return …
Hi Sven
Severe global contraction/recessions and take effect on every sectors. Never seen anything like this before. Maybe 24s% GDP reduction next quarter/ hovering - 9% unemployment predictions. Total shut downs in all major cities /world/agenc…
Hi FD1000, interesting article regarding sp500 maybe bottom by tom floyd/ (spy 50 days moving average just crossed 200 days
https://www.google.com/amp/s/seekingalpha.com/amp/article/4332963-spy-plan-now-to-buy-bottom
Perhaps start small portions …
Hi sir @old_joe. Perhaps you are right sir,
If near retirement, probably need to sell everything Monday and put in 100%cash/CDs...nothing is working
If still have many years probably continued to buy and DCA
Maybe best time to buy new car or hom…
Hi sir - thought maybe forming bottom past few days...thought we would get more upswing from today ... perhaps breakthrough at sp500 hovering around 2200 levels
DOWS -18% For week
When you see number deaths usa severely up and market still up/curv…
