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.
Differences of opinions is what makes markets I guess. I have no prediction on TIP's but I tend to think more highly of Gundlach. His calls have been far more accurate in the last couple of years to anyone following him.
I respect Gross immense…
What a novel idea that employers are required to contribute a bigger percentage of their overall comp into retirement account. If I had any confidence that eventually congress wouldn't try to spend such an account like they've done with SS, I would …
I agree with Junkster's original post about these articles being silly. Obviously the vast majority of Americans are able to retire with less than $1m. The labor force participation rate for those 65-74 is only 27% right now, so clearly many are a…
Any time you see articles of why now is a great time to buy XYZ asset class, it's time to get cautious, IMO.
Most of these financial writers are all talk. Their job is to write about stuff. I will bet 98 out of 100 vastly under perform a 60/40 …
The New Deal has run it's course. We need serious discussion on creative ways to engage those who are on the lower end of the social economic range in this country.
Everything I see or read is "what can government do to redistribute wealth" or "w…
I don't see any change. We currently have a total stalemate. Reid won't bring any House bills up for a vote. Obama and Reid know they can't get much through the House.
The only thing going on right now is some tactical executive actions and a l…
Junkster, I tend to agree that a lot can be told about equities, by looking at junk. They certainly don't move hand in hand, but I think junk can be a proxy for stocks.
Love Gundlach. He's one of the few "talking heads" in this industry worth listening to. I love the fact that he's a contrarian, and his track record has certainly earned him credibility.
It will be interesting to watch high yield funds over the next few weeks/months. I feel like junk can be a good proxy for what's to come for equities. Canary in the coal mine, so to speak.
I tend to think that when junk bonds turn, it will signal the end is near for stocks. I'm not talking about a small correction (if or when that happens), but if we see junk bond funds going below their 10 month moving average, we will be in for a s…
I would definitely second Scottrade for MF investing/trading. I have accounts at Vanguard, Scottrade, Interactivbrokers and TDAmeritrade. Each have their own advantages and disadvantages, but for mutual funds, Scottrade is by far the best, IMO.
The speaker also fails to make the jump between personal spending and investment spending. Rich people who have 5,000 times the median net worth, obviously don't spend 5,000 x on personal spending, but they invest in stocks, bonds and cash which pr…
I certainly would agree that just because someone is rich, doesn't automatically mean they create jobs.
However, the job creators I know tend to be smart, creative, driven, talented and entrepreneurial and because of those traits, they usually beco…
If she's emphatic about passing as much as possible to her kids, I think LTC insurance would be a wise choice.
Also, she has to consider the possibility that she may be forced out of the work place, but not in a position to need LTC, in which case …
For much of the last 4 years, the investor sentiment has been very bearish. Of course, the market is designed to make the "majority" wrong and has skyrocketed during that time.
Now it seems that sentiment has shifted towards something like.... "Se…
I can't predict these things but I surely hope their won't be a Federal bail out to prevent such a thing.
These borrowers -AND- lenders need to understand that there is risk involved and have to suffer the consequences of default.
A big wave of d…
I took his interview and comments about market declines as "generally speaking", you must be prepared for that ANY TIME you invest in the market. I don't believe he was making a prediction per se, but saying "you have to accept that these things ha…
This is a horrible precedent, IMO.
I don't understand why the EU would take this stance, unless things there are spiraling out of control from either a monetary standpoint, or politically.
Confidence in your banking system is paramount to a stab…
Gundlach has recently become very bullish on US treasuries. His total return fund has been doing very well since launching it, so he has a nice handle on the bond market. He's one of the guys that when he talks, he's worth listening to.
Austerity.... Ends Badly
Deficit Spending/Currency Devaluation.... Ends Badly
Raising Taxes.... Ends Badly (as the consumers have no more income to spare)
Any Combination of the Above..... Ends Badly
Everyone wants a plan that will solve our proble…
Reply to @WallStreetRanter:
The BOJ will buy bonds to keep rates low. The Japanese citizens will buy bonds because they have endured a couple of decades of deflation recently.
It's out of necessity, not because their debt is looked at more favor…
Thanks for the post. I do agree that moving averages can probably save you some serious draw downs and there seems to be a lot of data that backs that up.
Of course, you have to be ok with being chopped up during certain periods. In order for a …
Reply to @rono:
rono,
No hard feelings and I was probably a bit touchy. I could easily get behind your tax proposal.
I don't believe that Bush or for that matter Obama are to blame as much as demographics for our current malaise and other glo…
Reply to @rono:
I'm sorry that you think I wasn't civil. I see nothing in my response that was uncivil, but maybe your feelings were hurt that I didn't agree with your point of view. Don't be surprised when someone posts a link with a very politic…
