Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

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.

    Support MFO

  • Donate through PayPal

hank

About

Users name
hank
Joined
Visits
24,297
Last Active
Roles
Member

Comments

  • I absolutely believe drones need to be operated legally. I think that’s what the government assesses is happening. Do we need tougher regulations? I think so, but it’s beyond my expertise. However, homeowners do not own the airspace above thei…
  • What makes you think that Trump wouldn't say that even if fully briefed? The "Deep State" folks, up to their usual deep tricks. Ummm … If he’s getting briefings ISTM he’s now part of the government. Albeit, he has of yet no control. So ….. Do we …
  • Many of this cult do not believe in science. I expect they believe adding prayer to schools and posting the Ten Commandments in every classroom will please The Lord and thereby more than offset whatever harmful effects abandoning vaccines might pos…
  • ”The Psychology of Trafing Trading is a good book I read many moons ago which I recommend to people who want to understand emotional techniques to deal with trading. This is not the same as investing for which you are better off listening to munger…
  • Clueless at the helm. Are they really going to give him a pass to fuck us all up? Mother pus bucket. Hell no, they won’t. Money talks and you know what walks. Too much $$ in big pharma to let this happen. Ask yourself what % of his promises Trum…
  • ”Stocks Could Gain Another 20% in 2025. Embrace the Bubble.” This week’s Barron’s cover story (also linked/ referenced by @Stillers above) Here’s the cover art. Maybe title it “Going, Going, Gone!” ?
  • I’ll go out on a limb and predict HSGFX (even with its new name) will continue its 15-year track record of losing money for investors. On that note, how does one get away with being a permabear in a market that traditionally advances the vast majo…
  • Person of the Year (called Man of the Year or Woman of the Year until 1999) is an annual issue of the American news magazine and website Time featuring a person, group, idea, or object that "for better or for worse ... has done the most to influence…
  • I’ll go out on a limb and predict HSGFX (even with its new name) will continue its 15-year track record of losing money for investors.
  • I attempted to get Symantec (installed on my IPad) to work at Fido for about 2 hours and finally gave up. Tried every way known to man to “scan” the necessary barcode provided by Fidelity. Finally gave in and installed highly regarded Duo Mobile. I…
    in Google Comment by hank December 12
  • I’m buying tulips.
  • Good stuff Yogi. I also run Norton anti-virus on my devices. And subscribe to Identity Guard who actually notified me once that my password had been changed on my Fidelity credit card profile (after I’d done so myself). Probably overkill - but ou…
    in Google Comment by hank December 12
  • I’ve been forgetting who I am ever since I turned 75. Maybe I’ll take a look. Thanks for the heads-up Yogi. I don’t post or read financial discussion boards anywhere else. Something similar happened at Amazon years ago where real names became atta…
  • X or Y or Z wants to know your location. ..... NO EFFING WAY. Google will steal your teeth. I suspect the cat is already out of the bag for most of us. If you’ve ever activated “location services” (perhaps by default) on any device, even once, it’s…
    in Google Comment by hank December 12
  • @FD1000- Thank you for once again reminding us what a fantastic genius you are. With all of the other important stuff that we have to keep track of we sometimes lose track of what you and your fantastic genius are up to. Hoping to hear more about yo…
  • Thanks @yogibearbull for providing the PPI details. Agree it doesn’t look promising for inflation. I mentioned the ”lower portfolio management costs” somewhat in jest. Reminds me of how lower prices for calculators, computers, flat-screen TVs red…
  • Seems to be having a beneficial effect on inflation. Bloomberg today headlined lower portfolio management costs as a reason today’s PPI wasn’t higher. ”US Producer Prices Jump on Eggs But Fed Categories Come in Soft” • PPI increased in November…
  • Easy Sneezy / +10% on the S&P in 2025 according to Goldman Sachs (Not my favorite outfit) Party on .. Does make you wonder why anybody would invest in cash at 5%?
  • Poor Ike’s ”military / industrial complex” sounds a bit dated. Maybe something today like: ”the military / space and technology complex”.
  • ”Uncle Billy's Triple A Tranche” Hey - That has a nice ring to it. :) I’ve toyed with the idea of including smaller amounts of JAAA in my cash balance, but agree it seems a bit dicy. Barron’s has published several articles over past year or two t…
  • I hasten to add that I don’t think the excesses in the markets are limited to just the one fund I sold. I tried to select for off-loading something I own that I felt was most likely to underperform if the markets fall across the board, There w…
  • We may soon live in a world where it’s perfectly OK to smoke pot on public streets, but illegal to buy a frozen pizza to take home. ”Bass-Ackwards” as they say.
  • Selling PRPFX. Good long term hold, but the pace of the last year (+28%) cannot be sustained IMHO. Not a prediction of imminent doom. Just a “step-back-and-look” at its historical patterns. Two big contributors recently have been precious metals…
  • ”One of the wisest pieces of advice for new grads earning their first salary is not to buy a BMW” Well … I’d agree up until 75 years of age or beyond. Certainly not a prudent financial choice. Photo of one I looked at in an area dealership (Serie…
  • @BenWP - Sorry to hear of your daughter’s near tragedy. Hoping she came through unharmed. Reminds me of 15 years ago when I had a rented Ford Escort totaled under me while waiting at a red light in Key West. I was the middle vehicle in a string of…
  • Maybe they’ll grab Hussman.
  • Two excerpts from this week’s Barron’s that may relate … (Excerpt #1) Randall Forsyth comments on scheduled Dec. 18/19 FOMC Meeting … ”Given the largely as-expected jobs report, the federal-funds futures market put an overwhelming 85.1% proba…
    in Maturing CDs Comment by hank December 8
  • ”Chaos is not good for your portfolios or your sanity.” I’ll affirm the latter.
  • Thanks @Mark. I love M/W’s quote pages which ISTM are running Lipper. This year I was getting blocked out a lot and stopped using them. I thought that with my $45 subscription to Reuters (mentioned elsewhere) I’d gain access to Lipper - but appare…
  • “Does Fleckenstein have a free email or do you have to subscribe?” Subscription $130 YR This takes you to his daily commentary one year ago (in this case 12/7/2023). “Ask Fleck” on the left links to the Q&A section. Be aware that by agre…
  • I scanned Bill Fleckenstein’s site going back a few months and found no mention of this discovery. Lots of gold bugs there - some very well versed. So if it were a big deal I’d expect some comments. Bill has long been bullish gold - but I’m not…
  • … one-handed typing after hand surgery…. @Crash - Wishing you a speedy recovery. On the other hand, you’d make a fine economist.
  • This thread has migrated from the “Off Topic” section onto the big stage since I submitted my list of ”Best for…”. I’d like to note that the reference was only to the sources I currently subscribe to and not intended as an overview of all sources.
  • @hank One more question, what color? @Derf - Same color as the ground around here!
  • - Best All Around News + Financial Information - The Wall Street Journal - Best for Investment Ideas / Insights - Barrons - Best Deal Right Now - Reuters @$45 annually (monthly rate available). I found the internet site loaded with distracting st…
  • So good to hear from you @dtconroe. Was concerned about your absence. You have so much to offer when it comes to fixed income investing. Re ” … or jumping back into the more active investing options “ A couple years older here and never been th…
    in Maturing CDs Comment by hank December 5
  • Thanks @FD. your earlier comments about car shopping were helpful. I recall you got a dealer to put a substantial amount on a credit card. I tried that trick. But they cited a $2,000 cap. But with nearly a year left on my 0% Fido Signature card, the…
  • @Old_Joe - You beat me to the punch! Was going ot post this. Well, nice gesture by Hegseth. I like that. Wish him well in sobriety. OTOH - Please remove my name from consideration for the position … :)
  • I've never thought of Motley Fool as an investment house. I always thought of it as an entertainment site that makes money through advertising. Even their stock recommendations seem to be subpar. @MikeM - I received an anonymous tip from a fella I …