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.
Well …the current issue (12/23/24) doesn’t have much to offer.
Cover Story ”Shopping Addiction” Really?
Slim pickings inside this week.
- The O’Brien piece on preparing your portfolio for 2025 is downright insulting:
“Rather than plotting…
@hank WEA interesting. Big "cash" position, but looks like a ton of shorts, there. CEF. The predictability of monthly pay-out is a plus, from where I sit.
From its daily behavior I think WEA does carry shorts - probably at the long end. But the fund…
"What's your prediction for the fight?"
Clubber Lang: "Pain"
I don’t have a prediction. But Republican commentator David Brooks on PBS today predicts Musk will be gone in 3 months and the parting unpleasant with acrid barbs hurled in both directio…
Sold AOK (after 1 day) and reduced amount in LVHI. Created an ”Equity & Income” sleeve (18% of portfolio) with equal parts: LVHI, INCM, WEA, GGN. The last one focuses on natural resources and precious metals, but states its primary mission as…
"The expectation is that their inflationary effects will be one-time."
Does he mean 'transitory'? Because that worked out well last time......
Let’s not get “hung-up” on one word. Other Words for Transitory
Thanks for posting this in OT @FD1000. It cuts both ways. FOX of course was successfully sued for asserting that the ‘20 election was rigged when they knew better. We’re a very open-minded bunch over in OT. Enjoy all points of view when presente…
Cambrea’s TRTY did so poorly yesterday I dumped it today. Been struggling for a while. I had viewed it as a low-volatility fund-of-funds (about 40 different holdings). Enough!
Looking over my watchlist, can’t say anything surprised me yesterday…
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 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…
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…
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…
@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%?
”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…
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…
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…
