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.
Thanks Catch. I was thinking about linking similar.
Ahh … Renovation is never pretty. That’s just an aside and not meant to be a judgement on the particular project.
Thanks guys. Individual stocks are a bit of a gamble. Their volatility continues to humble me. I did want to note that I’ve had good luck with a small stake in MSGS - purchased 2 months ago based on a Barron’s recommendation. Double-digit gain on …
@Crash said “Real Estate?”
Real estate is an interesting idea. I’ve toyed with it - but no significant investment at present. Real estate investments (REITS, OEFs, ETFs, CEFs) take very different paths because it’s such a diverse area. Do you wa…
Bought some CZR 2 or 3 weeks ago and it promptly tumbled about 15%. Sold. Bought some AJG a week ago and it fell 8 or 9% in 3 days. (Still hanging on). This morning I added a little SWZ to the CEF basket (replacing ETJ). Each of the investments…
Where I notice this is when I buy something I hadn’t bought is a year or two. Used to throw 4 oz cans of mushrooms into a lot different dishes. Then stopped for no particular reason. I remember them being well under a dollar (49 - 69 cents for a s…
I want to say "Duh, who didn't see that happening" but .....
I've experienced all, or most of, the changes the folks in the article state and I don't expect it to get any better anytime soon. But again that's not new news.
Ditto.
If the BLS get…
I think anything published by Zero Hedge needs to be fact checked.
Factual reporting on the ZeroHedge website is rated low by Media Bias Fact Check.
https://mediabiasfactcheck.com/zero-hedge/
Thanks. Fortunately, TechCrunch (the 24% figure I cit…
”I think anything published by Zero Hedge needs to be fact checked.”
Fair enough. I’m not familiar with ZeroHedge. Another source puts the cap at 24% on used car loans. And their own literature cites a $40 annual fee.
I don’t doubt that 24% figure…
From one frequent contributor (Mr. Skin) on Bill Fleckenstein’s Daily Rap last week:
”I bet I can find a way to securitize cow farts, get a blessing from the GS securitization dept. and gain self esteem from the global warming morons, thus securin…
If I read that (linked story) correctly, Cuban’s company is charging 30% interest on these used car equity loans. Disgusting if true. Like dancing over people’s financial graves for one last ”hurrah” before they’re out on the street.
Vultures gleefu…
There was no looking back for gold after the events in 2022. Investors with gold holdings or those who caught the trade in 2022 (and since) have made lot of money.
I’ve always liked gold. But at this point, for those with shorter time horizons, I…
If I could find an inverse 1X etf I’d have a small short on gold, precious metals ot miners, But the few available appear only to be 2X and 3X.
Attempted to buy DGZ at open yesterday, but it’s a weird animal. Didn’t go through. I should have save…
Crash - Did you raise a stink when Biden pardoned Hunter?
Your WAH (What about him?) argument might apply if we were talking about wrongful or illegal actions. But citing past precedent regarding the exercise of a constitutionally granted power…
Well, Trump also pardoned convicted (former) Illinois Democratic Governor Rod Blagojevich in his first term. Was there any yelling and screaming then?
Link.
Was justice ever really blind? I doubt it. A myth we were taught perhaps in civics class somewhere. If you can afford a good enough legal team or makes a very large contribution to the “right” party or partisan ticket judicial candidate you’ll be…
“I have very mixed feelings on taking out those small fast boats- they're basically good-sized speedboats with huge dual outboard engines- that type of boat is used for one thing, and it certainly ain't fishing. I realize that it's pushing the enve…
I thought of you tonight OJ when I heard Trump justify using Navy missile firing ships to blow up Venezuelan boats (instead of using the CG to board & search first) because our USCG boats are ”too slow” … Never heard that one before,
Every …
Pre-ordered audio version of Sorkin’s 1929 several weeks ago after first hearing about it. Started listening last night. Excellent. Very well written and narrated by Sorkin himself. About more than just the market mania / crash. A good historical …
Side sleeper also. That pain in the bones shoots right through you late at night or upon waking. Not any one area. Legs. Arms. Whatever. Enough to make you scream. Nearing 80. Guess that older smaller bed will have to do until figure this one out.…
Today I moved everything I had in NEAR (14-15% of portfolio) into AGZD. That’s the closest I come to holding any cash, except for a few bucks left in SPAAX for trading. AGZD is hedged against rate volatility. Should yield roughly whatever intermed…
Is that a fake picture? It looks like it's sitting on the water or is that when part of the rocker came back and was caught by the tower? ADD: It is 403' when all stages together so that's like launching a 40 story building!! Crazy.
Would I post a…
Nice!
I believe this launch was a month or two ago. Would love to see one live some day. 33 engines on the main booster. So some redundancy. But they all lit on this launch!
Musk is an enigma. Things about him to like and to loath. Technically …
”… everyone does stuff I don't like. I can't continually follow up with all their shenanigans that i might be mad at so just buy what I want from whoever.”
Lately I’ve been mad most of the time.
@rono - ”You’ve been right so long it feels like wrong to me.” :)
Nice post. Debasement yes.
Personally, I haven’t played in the pm’s for a long while. Have maintained some exposure thru a real assets fund, some managed futures, and some collec…
@FD100 - Why hasn’t some big mutual fund company snatched you up yet to run some of their funds? I’d imagine you could make David Giroux look like a rank amateur. Quite amazing TRP hasn’t lured you in with a big singing bonus …
M* is slow, clunky today. However, my usually reliable tracking App isn’t functioning normally either. Still showing Friday’s close for FFUT. And other ETF prices have been gyrating wildly today. So the issue may not be limited to M*.
I do have a s…
I made money last Friday and my portfolio is at all time high.
That would seem exceedingly simple to do just by investing 100% in cash. Provided interest is credited daily, your portfolio would reach a new record high every day.
Interesting there hasn’t been any mention of Friday’s massive crypto losses here - or I might have missed it. The best article I’ve seen is on Bloomberg. I’ve been told these BB gifted links are intrusive / loaded with tracking cookies. So use care…
Probably should be under Investing ? I realize an indictment by a grand jury isn’t the same as a conviction. But still big. Sure to affect the markets.
OK - Of course there’s politics involved. Party in power picks the targets to go after. More a…
Hang on to your Stroh’s!!!!!!
A Ernie Harwell line … Fire brewed!
Not gaming much on the post season. Hard to watch a complete game. Most of the announcing has been good, but they lose me when they bring in the player’s teenage fantasies, first…
