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.
Or you could just calculate the amount yourself on one of the dozens of free calculators available online and then make a note on your calendar for the day you intend to pull it.
Or say, “Hey Siri: Remind me to …..”
If you’re able to manage y…
Some say the world will end in fire,
Some say in ice.
From what I've tasted of desire
I hold with those who favor fire.
But if it had to perish twice,
I think I know enough of hate
To know that for destruction ice
Is also great
And would suffice.
…
@dtconroe said, ”Thanks for your information Hank! Your comparisons are actually to those of "bee", which I quoted in my post”
Yeah - @bee and I both taught. Probably some similarities to situations. We’ve both been here through thick and thin ma…
”hank, are you willing to provide more personal details about your situation, so your opinions have some context?”
Which opinion? I’ll try to compare my situation to yours but not sure if that affects most of my opinions about investing or finance…
Thanks @hank. But respectfully, I still wish he would never post here again. But since that isn't going to happen, I can remove myself from his antagonizing BS.
HA - Ignoring provocative threads like that is great advice.
In FD’s case, he does c…
Regarding Reverse Mortgages -
Wouldn’t it be smarter to do a traditional refinance of your existing home for whatever you can pull out? Then invest the money and draw it down as you need it? The bank or other institution would of course hold a li…
It seems like others here are waiting for a drop, too.
Non-U.S. equity + “other” = 30% of my portfolio / U.S. equity = 18% (remainder fixed income)
Not necessarily “waiting” for the drop. Just allocating risk as best I can. Certainly might be …
The WSJ clip says nothing we didn’t already know. I just thought coming on a morning when the indexes were off sharply, it was a worthy study in contrast. I’ve looked at Geroux’s Barron’s Roundtable remarks from January ‘22 and he seems to have be…
This brought back bitter memories for me. About 5 years ago I had really gotten into writing product reviews at Amazon. With each new effort my writing skills improved. In placing reviews from “most helpful” to “least helpful” Amazon employs an al…
I thought I knew a lot about investing until opening a brokerage account at Fido 4-5 years ago. Much wider landscape to work with than just having investments at a few different houses. So am still learning. But I do know my 2022 (bear market) r…
”a sudden 60% in ROC after a long period of relatively little was something worth noting.”
Yeah - Agree!
Cohen & Steers where I’ve had a couple investments plays the ROC game with at least some of their funds. It’s covered by prospectus and …
When "other" becomes a bigger part of the funds make up I look for "another" fund. :)
@bee - I like a lot of “other” as long as I understand what it is.
A good chunk is in LPXAX (Limited Term Preferred Stock + Income). So Mark seems to have hit…
Yeah - I searched Brave on the subject and got pretty much the same (Link)
Even if (a big if) so equipped it sounds like the backup would be only on the CVR (voice recorder) and not the data recorder. Curious mention in the CNN piece about a polic…
I respectfully disagree with @MikeM. If kept civil and in proportion (tending not to monopolize the board or a discussion) I think right-wing thinking has a place in OT. Attack the argument rather than the poster whenever possible. An old cliche: …
I thoroughly enjoy the round-table discussions every January. This week’s is the first of three. Mainly covers each panel member’s market outlook for 2025. The usual gang. I won’t bother pulling up the names. David Giroux leads off. Bearish on…
@FD
- Do you agree with MTG that Democrats can control the weather?
- Have you ever stood in a 100 mph wind?
Typical of your side to try and make political hay out of natural disasters and human suffering. How can you sleep at night?
Both Black Boxes Stopped Recording About 4 Minutes Before Crash
My thought - If they had lost all electrical power for 4 minutes, how were they able to navigate back to the runway? Did Sully lose all electrical power? I don’t think so. The APU w…
"If you're first out the door, that's not called panicking."
LOL. Then there’s …
- ”You have to pay to play …”
- ”No pain … No gain”
- ”Rules #1 & 2 - Don’t lose money …” (WB)
Sold INCM (not a bad income play). Leaped into RLTY. Gives me 3 equal weight CEFs in the equity / income sleeve, which is something I’d hoped to achieve, It’s a risky bet on rates falling and real estate turning up. Most of my other stuff is pretty…
Just a tip @Mark. You can click on the “copy link” icon in the upper right corner and then repost the link for a better appearance. A minor issue for sure.
Thanks for the post.
Southwest “wrote the book” on fast turn-arounds. In the late 70s and early 80s I’d watch with awe as they’d pull in at TPA, unload, load & push-back in 20 minutes. Other (major) carriers back then were allowing 90 minutes or more. Of course, 7…
Really interesting.
”The 37 pilots were a bit grumpy about that.”
Yeah - The Southwest pilots had a reputation for being “cowboys.” You spoiled their fun. :)
Didn't realize that the '27s were still out there. Not too fuel efficient but one hell of a good plane.
Oops! Neither did I. Corrected the goof. 727 was noisy - especially if seated in the rear which is all I could afford in those days.
They had …
Instead of eating time, energy and money attempting to fulfill the dopey dream of possessing any of Canada, Greenland or the Panama Canal what say we use those resources to lower prescription drug costs, make healthcare more affordable for all and l…
I think fixed income is looking better (perhaps fairly valued) as the 10-year closes in on 5%. Added a bit to WEA, GGN & INCM. / Some CEFs with leverage may benefit from a sharp decline in rates should it occur (not a prediction). Sold the s…
I’m getting a sense he would like to team up with buddy Putin (secretly of course) and divide up as much of the world as possible between the two powers. Ukraine would go to Putin. Possibly he sees this as a way to stave off China’s growing pow…
@hank Thanks for that lengthy note. Are you snowed in or just in the "freezer" ? I see temps rising into 30's next week, then down again. Thankfully no below O readings!
Typical January weather. Sunny and cold. 15 F near Lake Michigan this morning…
All good. I worked as what we affectionately called a “grease monkey” in my younger years. So crawling around underneath my personal vehicles like @BenWP was common up until sometime after 2000 when the carriages became so low to the ground it was …
They were on top of the mountain in the late 90s. Even had a big professional sports stadium named after them in Texas. A lot of funds owned the stock. I guess what followed is legend.
This is the lead-in to a longer WSJ article today (online edition). So crazy I haven’t dug beneath the surface. But it does mention one of his sons is in Greenland laying some kind of groundwork.
“Trump Ratchets Up Campaign to Gain Control of Gr…
Just rode a couple 727s 737s. Seemed to hold together pretty well. (Just stay away from the door plugs.)
I recall flying Spirit once out of Detroit in the 80s on a trip to Tampa. We were delayed about an hour because they couldn’t find anyb…
WP was an excellent newspaper 25 years ago. Newspapers & broadcast used to adhere to a separation between opinion pieces and hard news. Nowadays it’s all jumbled together. Just a matter of degree. What to do?
Makes me “blue”. There are 2 sides to this coin however. No one wants the crew pushing the limits and taking off to meet a time-line (or to get the airline back on schedule) when weather, staffing shortages, mechanical or other factors make it p…
”Two Roads Diverged …”
ISTM the initial post dealt with dropping the medical and / or collision insurance (damage to your own vehicle). Liability (causing injury to others) is a separate type of coverage, mandated in Michigan, and probably most o…
Haven’t had time to read much of this week’s edition. But there’s an article referencing a “Fire Sale” in European equities with an admonition to hurry in before it’s too late. Another article focuses on opportunities in income - including dividend…
We have the option to discontinue the medical part of auto insurance in Michigan. Having a good health plan, I opt-out. Unfortunately, for my insurer this involves signing and mailing in a form every 6 months or you default back to the more expensi…