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 recently saw Neil deGrasse Tyson talking about AI and how he thinks it will obsolete social media. He feels people will get so fed up not knowing what is real and what is not real they will abandon it. I think he may be on to something. I use it…
I’m in a one-year subscription. Was advised by many here it’s free at various sites. Color me dumb. There are periods, like the past 3 or 4 weeks, when I use M* 10-25 times in a day. More than most I’d guess. I use the performance numbers in invers…
Comparisons are hard to come by owing to the recency of ETFs that replicate (or approximate) a longer standing OEF. One target that sheds a little light on the subject might be the Leuthhold core investment funds. Over 3 years (according to Morni…
Sold all the CEFs purchased in the first couple weeks of ‘25. The last one acquired, RLTY (bought 1/10), did best. All bounced after rates on the 10-year reversed trend earlier this week. Pocketed a 4-5% gain on the CEF collection (including 2 pe…
Yes, I've seen pictures of the damage... about a 6 inch hole in the leading edge of one wing. How nice. How thoughtful. F'ing idiots.
Makes you wonder where this will end. Drones will only get more sophisticated (perhaps an oxymoron?). Can you sho…
A typical grass fire is easy to contain. It’s on the surface. Wet down the surrounding area and you got it. But a forest fire is a different animal. Not only does wood (trees) burn at incredibly hot temperatures but the very extensive root systems…
Stack advised followers to iniatiate a 3% position in 1X Inverse S&P over the weekend. I’ve found his timing calls of questionable value. Did not indulge.
+1 Congrats @rforno on the 33% gain.
Added My LS fund (CPLSX) has been behaving like an …
I worry that in a market rout, the heavy reliance on ETFs will amplify the downward spiral. With an OEF the manager has some discretion (albeit limited) when and what to unload. With an ETF it’s a direct pass-through. Owning stocks in an ETF may su…
Sold part of my ”tread water” funds (CVSIX / LPXAX) yesterday. Reestablished a position in GAA this morning at open. Had sold it 2-3 months ago and it’s off a couple percent since then. This should raise my equity exposure from 33% to around 40%. …
@hondo - Thanks for the feedback. My humorous comment was not intended to criticize the post. Probably a good idea to re-check all your auto settings at VG. Excellent post. I’m a bit OCD and so always check, check, check & re-check those sorts …
@Observant1 What drives you to purchase addition share of this fund? A quick look on yahoo fin. shows it to be running "way behind" in the category over 1 & 3 years!
If I may opine here, when I look to buy a new car, computer, piece of furnit…
S&P Returns by Year
2024 +25.02%.
2023 +26.29%.
2022 -18.11%. (neg)
2021 +28.71%.
2020 +18.40%.
2019 +31.49%.
2018 -4.38%. (neg)
2017 +21.83%.
2016 +11.96%.
2015 +1.38%.
”If it walks like a duck and quacks like a duck …..”…
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 …
