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'm deeply engaged in the restaurant industry and I'm calling BS.
The only significant impact that the elections have is that in swing states, TV advertising gets extremely overpriced due to supply & demand since so many spots are purchased b…
I think housing prices will continue to head north for quite some time. The Case-Shiller index is still down about 8% from it's all time high in 2006, so I feel there is still room to run on the upside.
It depends on the charting service if dividends are included or not, but Junkster is correct that dividends have to be taken into account to evaluate total return, so that chart is way off. In reality JNK is very near all time highs, which is not r…
I would definitely agree that something has to give between treasuries and risk assets, but who knows which will give in first. Short term- I would agree that some corrections are in order.
With that said, maybe the paradigm is adjusting to where …
I feel like there would have to be a big credit problem in the US to knock our market down 50%+ ala 2008.
China and commodities seems to be strong headwinds, and we're probably overdue for a bear market of some sort, but I still think there would…
Does anyone know when they will be sending the $2,500 checks to cover the promise that Obama made?
He said that it would save my family $2,500/year. I'm curious when that will happen.
The fact is virtually all insurers are losing money on the ACA plans and most of the co-ops are failing. So that means prices have to come up in order for them to have a long-term viable ACA program.
Prices up + benefits down = Individuals lose
…
Investors and business executives have to run profitable companies, or eventually ALL blue collar jobs will be lost when the company goes bankrupt.
It sucks for the laid off workers, but if all jobs were guaranteed infinitely regardless of financ…
The old saying is that if you look at a bill's title (Affordable Care Act in this situation), you can assume it will do the exact opposite of their stated title.
I agree that this is their narrative regardless of how unlikely it is that they hike. Frankly, I think it's a good thing to not telegraph with certainty that a hike is off the table. The Fed has been very talkative in recent years. Maybe a little…
His leading indicator will work until it doesn't.
Certainly it's plausible that we will see a big drop, but a quick google search showed me that McClellan was saying 2015 would be a good year for stocks based on a Presidential cycle.
He was also …
Unfortunately, the author is a believer in the 1 variable school of thought - i.e. a change in one variable is a good thing.
A crash in stocks could mean fewer jobs and/or lower wages for the younger investor. It also assumes the younger investor …
Since we're cherry picking data, holding PRPFX since 2000 would have yielded 7.7% CAGR vs 4.3% for SPY. Better sharpe, half the volatility and draw down as well.
Holding GLD since its inception has a slightly better return than SPY with roughly …
It seems like the good far outweighs the bad with AV technology. One thing is for sure, you cannot stop technological progress.
If you're in a vocation that can be done more efficiently, you have to consider what you will do when technology change…
Lewis,
70% of personal BK's are Chapter 7.
Also, I would imagine that the vast majority of business BK's are tied to businesses with people that certainly wouldn't fall into the "rich"/Donald Trump category.
"people are not businesses, but apparently businesses are people when it is beneficial for them to be so"
@Clacy: I'm conflating nothing. But I am observing that for the same intrinsic mechanism of financial failure, business has very conveniently …
@Clacy I am talking about going beyond foreclosure in Chapter 13. After foreclosure the bank can enforce a repayment plan on the borrower for years after their house has been liquidated to recover the entirety of its loan. And your saying "there'd b…
"Again, Trump is not going BK, companies are."
@Clacy- Well, that changes everything! So what families need to do is form a small business, and what Greece needs to do is incorporate. Then if they go BK it's OK.
What a joke.
Now you're conflating …
Again, Trump is not going BK, companies are. If all corporate BK's ended up with personal BK, then there would be much less risk taking and entrepreneurism.
You're comparing apples and oranges.
A company is a company and can re-structure or c…
Chapter 7 is the more popular option for personal BK.
I'm not sure which particular double standard you're referring to.
If a consumer gets behind on their mortgage, they will lose their house. Just like a business mortgage holder would lose …
Wait, I'm confused...
Are you suggesting that the US force banks to renegotiate with mortgage holders who stopped paying on a secured asset?
The bank loans money (risk), but has a secured asset (home) that backstops the mortgage. If mortgage ho…
