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.
Same might apply to corporate debt. WSJ has been sounding alarms. Premium from investment grade corporates over government backed debt is at historic lows. Worse as you go down the ladder.
“Two sudden bankruptcies in the auto world—of a subpr…
Farewell tribute to Johnathan Clements from Jason Zweig. This should be a shared link.
https://www.wsj.com/finance/investing/saying-goodbye-to-the-wsjs-jonathan-clements-c5386910?st=amD5Q5&reflink=article_copyURL_share
For clarification - by “housing upgrade” I meant buying a larger or more extravagant house.
But thanks @msf for the insights into home improvement. I recently replaced the last existing non-insulated (60s era) window in my home with the more …
If you can live comfortably off the income stream generated (or average annual return on investment) then why spend it down? Somebody said, if a man could have half his wishes, he’d double his troubles. In the case of housing upgrades you’re look…
I don’t think there is such a thing as a perfectly “neutral” news source. Slant in one direction or another (whether intended or not) can be achieved by choice of who is (or is not) interviewed on a given topic, types of questions asked or not ask…
Can one by a vehicle today where the default option for all of these functions is OFF and not on?
No. I don’t think so. But you can turn off 90% of the stuff ISTM. Depends on make and model. Test driving and buying a new vehicle is a lot more cha…
I’ve never cared much for plain vanilla bond funds. Rate risk is the most troubling aspect. If you’re investing to stay ahead of inflation, rates are likely to rise if inflation picks up which diminishes a bond’s value. There are work arounds like…
You guy sound like you have wives nagging at you. My truck don't say nothin at me, and that's the way I like it.
What’s really annoying is the sticker-shaker (rattling steering wheel) that activates on many cars if, as @Derf mentions, you swing out…
Are we allowed to guess?
(1) We’ve captured an alien from another world.
(2) Something to do with the 25th Amendment
Keep in mind Pete hasn’t had good luck communicating with his military through normal channels.
@Anna makes a good point.
Just searched for some currency etfs looking for one to hold as a small diversifier. Bunch of different cryptos came up. ”Foreign” to me for sure. I’ll stick with FXF. Good as any.
I think OJ is correct about PBS. . More lean to the left and opposition to Trump and his policies in recent weeks. Lengthy interview with Ty Cobb Friday may be illustrative. In more normal times there’d be a second voice in that interview. These ar…
:) It’s spooky. My Toyota seems to receive software updates regularly, though I’m not informed.
Lately it’s decided to turn on the left turn flashers when I’m parked along a street as soon as I get in and start the engine. Damn - I’d rather deci…
Thanks for the update!
No problem. I lost a few dumb thoughts, but posted new ones late in the day. It’s a privilege to be able to interact with so many informed high quality posters here.
They've got to be watching you, if you're not payattention in self drive mode don't they warn you or something.... so I've read or heard.
Yeah - That’s what I’ve heard. I think many key in on your eyes to decipher whether or not you’re paying atten…
A camera for the back seat?!
@Derf - They used to say “Don’t come a knocking when it’s rocking.” :)
From what I’ve read Tesla’s the worst offender - more so when auto-pilot is engaged. But most seem to track car location and things like how long…
My first investment book was Andrew Tobias’ The Only Investment GuideYou’ll Ever Need. Most memorable point was that if the stock market ever enters bubble territory you should sell everything and move to cash. I may now be in flagrant violation of…
Added bit more risk today. Should raise the equity position from 26% closer to 30%. Buys included a few shares of CZR priced around $26.50.
Edit. I fumbled the hand-off and sold CZR the next day. Too hot to handle. I’m sure it will join the g…
Ford is rolling out new low interest rate loans for F150 buyers with poor credit scores. What could possibly go wrong? Following is supposed to be a shared link to today’s WSJ article.
https://www.wsj.com/business/autos/ford-courts-riskier-bor…
Thanks @Crash. Overall probably correct. But there are a few things in that picture that don’t quite add up.
And thanks for your JWST article. The time & distances involved are truly incomprehensible.
I’m still trying to comprehend gravity. From what I’ve read, the weight we feel at our feet is much like how you feel when a fast moving auto slows rapidly or rounds a sharp curve. Earth is trying to move in a straight line, but the curvature of sp…
I think one of the loveliest sights is our neighboring galaxy Andromeda. Years ago (before Canadian wildfires) I was able to observe it with 12X (image stabilized) binoculars late in October from the back yard for 3 consecutive nights. Not in the d…
.ABC ends Kimmel's suspension—his show returns Tuesday.
https://apnews.com/article/jimmy-kimmel-suspension-supporters-94b79634a19b2c4ce70a2b4195ef1175
But Sinclair, which owns many ABC affiliates (and my local station), says it won’t carry the show…
Anyone adding significant new money into US equities these days?
You have to be kidding. :) Lowest allocation to equities I can ever remember (+ - 25%).
I bought a little MSGS stock several weeks ago and added it to my 14%+ “hedged” position…
From @Observant1 - “ Two other signs that investors are throwing caution to the wind: The premium investors requireto own investment-grade-rated bonds hit its lowest since 1998 on Friday and trading volume on U.S. stock exchanges was just shy of th…
Thanks Yogi. Nice wrap-up.
From Friday’s WSJ: ”In another sign this week’s rate cut lifted investor confidence and appetite for risk, the premium that investors demand to hold investment-grade-rated companies’ bonds instead of Treasurys hit its …
D&C is one of the oldest mutual fund firms. DODBX opened in 1931 and has a NAV over $111. That doesn’t explain the split except there might be a psychological reason pertaining to public perception of value or a technical reason related to eas…
Been transitioning from a sizable slug in BAMBX to a 50/50 blend of AGZD and IGHG. Figure if I want to ”tread water” may as well do it for an ER of .27% rather than 1.2%. Like @rforno, I’m doing some hedging. Not for tax purposes, but just to mit…
Anna said, ”I've followed several links to the show that got him fired. I have found nothing all that bad. Does anyone have a link to the portion of his show that upset the government so badly?”
I don’t view any of these late night comics. SNL oc…
Perhaps it’s been already noted, but the time stamp on posts is also off-kilter. Mine reads 8:05 PM as I edit, and it’s actually 11:52 PM. (EDT)
Glad the board is back up.
Thank you @bee for posting this. I didn’t know who Charlie Kirk was. But from the clips I watched for an hour or so last evening he appears to have been an extraordinarily gifted communicator. I might have enjoyed hearing him speak even though I …
The numbers on the S&P and 10-year treasury bond are probably accurate. Bond rates do have implications for many older investors who rely heavily on fixed income.
I regret posting the story. Bloomberg was being overly simplistic in attri…
Agree. Well said @DrVenture
“Incredibly daunting” by today’s knowledge and means. This from someone who routinely added up long series of numbers at work 50+ years ago using a big, incredibly slow, loudly “clanking” mechanical adding machine. T…
“They” wouldn’t need to actually travel here in person. Their technology would likely be thousands or millions of years beyond our primitive spacecraft or drones of today and able to survey our planet and send back telemetry. The real trick in try…
There are some rate-hedged bond etfs that might meet some people’s needs if they’re worried about significantly higher interest rates down the road. IGHG (investment grade bonds) AZGD (higher quality bonds)
I’ve been comparing IGHG out to 10 yea…
+1
Purchased it on my Audible account a few months back. Haven’t listened to all of it, but agree with your take. I’m constantly amazed that a lot of very low income people don’t get it. They’ll blame middle class union wage earners or career p…
https://pdfhost.io/v/E..d~yHtX_MStar_MPRS_102024
Response received: The document is missing
If you own a home in an area that is at risk for 100 year floods, it is not safe simply because you haven't had a flood in the past couple of decades that y…
