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.
Ostensibly, gov't central banks exist to maintain stability of the currency. Yes, central banks do prefer a bit of inflation, so that national debt can be repaid in "smaller" dollars or pounds sterling or whatever. And decision makers don't always g…
”Next in line for Sec. of Graft and Cronyism.”
Naw - Their whole intent is to lift up the little people. Spread the wealth around. You don’t believe Musk was giving away those million dollar checks for the sole purpose of lining his own pockets? …
Good today for gold, Bitcoin & investment grade bonds - all seen as “safe havens”. PRPFX should be up today. Already up a crazy 27.5% over the past year. Interesting article on my Bloomberg feed. Can’t link directly to BB. But this article…
Yup. There's a separate thread I started about this very thing. It's all very stinky poopy.
It would be great if there were some way to merge two similar threads. Perhaps MFO will have AI someday which I’m sure could find a way to do that.
I don’t use ”legacy portfolio”, whatever it is. I assume it’s a free portfolio tracker? To each his / her own. I much prefer a couple of different (Ad free) tracker apps from Apple at a nominal monthly cost. Albeit, they are a hassle to understand…
Have any of these names been formally submitted to Congress? I doubt it. Forsyth asserts in this week’s Barron’s that it’s these nominations that caused stocks to reverse course and fall this week. News Nation has played videos of the Fox show hos…
Glad I'm not PAYING them.
I’m paying them. Frustrating this morning when I tried to compare a few different funds’ performance history. Just checked. Working now.
@Anna - I remember 25 cent/gallon gasoline. Whew! Talk about the *wayback* machine.
You rang? :)
I have to chime in. I recall gas at 19 cents.
There were “gas wars” in the 70s in the Detroit area - including outlying suburbs. All the various fil…
Yes. I think I own some Bitcoin through an etf “fund-of-etfs” (TRTY). It holds a couple momentum / trend following etfs - but those are a small part of its 16-17 etf stable. Best guess is bitcoin probably represents something like 0.05% of my portf…
Since when have mutual funds in their prospectuses felt a need to caution investors that domestic political events might result in loss of money?
”Some political leaders around the world (including in the U.S. and certain European nations) have b…
Yes. They are annoying. We got lots of leaves but no blower. One of the few power tools I’ve never owned or used. Generally I mulch them up mowing. Occasionally I’ll rake some. Rake quality is important. About $30 gets you an exceptional rake. One …
There is a tradition of regular meetings between the Fed Chair & the Treasury Secretary.
The Fed Chair also appears semiannually before the House & Senate subcommittees.
These mechanisms provide for inputs/feedback from the administratio…
May be MFO gods will be kind enough to allow us to pin the link in the Discussions so everyone does not have to book mark it and all can easily access it when they visit MFO as a first order of business in the AM. It will also relieve you to from h…
Re yield: Inflation fears in expectation of and after Trump's win and more tariffs / higher inflation. Re gold: People are switching from gold to crypto after Trump's win / remarks as inflation hedge. Just my 2c.
Appreciate the 2 cents. Trying to an…
Distribution date is a couple of days away.
GGN (at small premium) cousin GNT (at double-digit discount) didn't drop as much.
Sometimes, there isn't any good reason for a CEF to drop.
https://finance.yahoo.com/quotes/GGN,GNT/
Thanks Yogi. So GGN’s …
Remember the now-classic warning from Eisenhower (elected 1952) about the Military Industrial Complex?
Yes. It made the evening news that day. Remember it well. All the networks carried it. (Tuesday January 17, 1961). And we discussed it in our …
”Yes politics...politicians...they are very much the spoon that stirs the pot or sets out the punch bowl.”
Got me wondering. How have various Presidents / Administrations affected our investment fortunes over the time most of us have been investi…
”Since 2000, I invest based on what has worked lately.”
I suspect most people do. They just don’t like to admit it.
Sounds just a bit like the ”trend following” tactic discussed by Meb Faber in this week’s Barron’s. (Perhaps once known affectio…
OOPS!
Thanks @Derf! What was I thinking? Yes, TRTY has over $100 Mil AUM - still relatively small. And the publicity from the Barron’s interview should help. Some of Cambrea’s etfs are nearer $50 Mil. From what I’ve read, they have never cl…
I’m confused by the thread title. If this is about the markets it belongs in the investing section. But if it is about the election it belongs over here.
In keeping with the election idea - SNL aired a full apology to Trump last evening (Saturday…
Sorry! Try TRTY
Link to this fund
This is a unique fund from what M* would call a small ”niche” etf provider. Not for everyone or for growth oriented investors. At a bit over $1 Mil $100 Mil AUM, it is one of Cambrea’s larger funds. And please r…
Nice to see Meb Faber get some attention (Barron’s Interview). I’ve been binging on his podcasts dating back several years - mostly interviews with market players / fund managers. Accessing these through my Amazon Audible accounts- though they are…
I’ll have to say I found watching the original “Godfather” with Marlon Brando infinitely more entertaining than this version. However, similar ethics in play.
”AND what about CSPAN or PBS ??”
Both excellent. I watch a lot of PBS. Thanks for the suggestion. I’ve edited the earlier post to clarify that I didn’t intend to criticize the election coverage of C-Span or PBS.
Some of what you’re seeing I think is relief that this probably won’t be a long contested election. Helps explain stocks up. Interesting that gold is steady or slightly down tonight. Suspect some of its recent run-up was related to fears about a co…
Tuned to Bloomberg. Too much artificial “hype” on the other major commercial networks, Go at it folks. All ears here. Bonds are reacting to a “perceived” Trump win & resultant higher inflation. Just crossed over 4.40% on the 10-year. Still ea…
For those wondering, I'm just treading water today. Not buying or selling unless something happens. Tomorrow may be a different day, but unless there's a good opportunity somewhere, I'll probably still be sitting on my hands.
Edit: I did buy som…
@hank
Well, I agree; my songs were not from 'South Pacific' or 'Doris Day', etc themed.
I recall watching a few of these shows, but at the time, my work load was way too big; and I didn't have much tv time.
And Norman Lear changed the social fabri…
Hi Catch. Sorry but your jazzy sassy music wasn’t the elixir needed here to calm frayed nerves. Whatever floats your boat! However, I dug up a collection of old Mary Hartman TV shows on DVD and been watching a couple every night. Unfortunatly, the…
Written like a poet … +1
I was looking at another investment forum last evening. Boasting about how much some claim to have made had gotten so bad they’d implemented a new rule that you could only do so on weekends when the board is not as active.
…
