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.
The school where I taught sent a “committee” over to Japan to study their secondary education in the early 90s when Japan seemed to be beating our pants off technologically, economically and every other which way. The group reported back somewhat s…
It’s a good question. I think some of each. Public school curriculums, I think, have been dumbed down. But, what do you expect in an environment of ”live-fire drills” and high pressure conservative led campaigns to add religion to classes or ban cl…
Boeing would be ”Biggest Ever Fallen Angel” - if cut to junk.
”On Tuesday, S&P Global Ratings said it’s considering downgrading the planemaker to junk as strikes at its manufacturing sites persist, hurting production. Last month, Moody’s Rat…
It’s complicated. Older citizens spend more for health care. That’s been rising faster than the average rate of inflation ISTM. Is this offset by the fact many own their own homes? Or that they don’t have work related expenses (like driving to wor…
As I've said before, the fascists' playbook includes creating chaos and distrust of institutions in order to bamboozle the electorate.
Exactly. Unfortunately, mother nature is contributing to the game plan.
Thanks David. “Reluctantly” sounds just a bit like “Devil made me do it.” :)
Their reference to ”bullish technical indicators” is interesting. Some here will fondly remember @Flack, a prominent contributor more than a decade ago (FundAlarm) who…
Would love to hear Walter Cronkite read this story -
“U.S. Congresswoman, Marjorie Taylor Green of Georgia today alleged that the U.S. government may be controlling the weather and sending devastating hurricanes to Republican leaning states in …
OK - Thanks Yogi
d
I’m not into options. Owned GATEX for short periods in the past and felt it was a more conservative approach than some of the more popular / recent options strategies. But might be wrong.
I suspect when @bee posted this thread August 16 there was widespread assumption rates would decline across the curve. While short term rates - notably the Fed overnight discount rate - have fallen, since @bee posted, that has not been the case wi…
Credit the success of JEPI & JEPQ to JPM PR. There is much older GATEX that isn't hot.
Also, the public misunderstands these - that the upside is limited, but the downside is full. Moreover, the potential LT-CGs get changed into premium income. …
Sounds bad. I often frequented the Tampa area between the ages of 35 and 65. If memory serves, there’s an inlet off of Tampa Bay that is known as “Old Tampa Bay” that is relatively small and very vulnerable to storm surge. There’s a long causeway …
“I also posted … why high-rated funds were terrible in the last 10 years “
@FD / Wouldn’t it help people more if you posted what different investments will do in the next 1, 5, 10 years rather than what they did in the past?
You seem to be inve…
Thanks @bee. Refreshing. A ”bucketeer” he is not.
But probably didn’t need 20 minutes to make his case. Obviously has a preconceived opinion on the matter.
How far does anyone think this reversal on the 10 year may go? I understand the “bond vigilantes” taking control of longer rates out of the Fed’s hands (not that they ever really had it) but am surprised by the speed and magnitude of the reversal. …
Thanks @BenWP for deciding to add this thread to OT. Allows more latitude of discussion. Glad you have enjoyed time in Asheville. I got to Cherokee one day and like you did some serious hiking. I don’t know why G- - didn’t put waterfalls closer to…
Inflation isn’t just increasing prices. It’s also increasing wages. The two may not move in perfect harmony. Longer term it tends to even out. But it can appear herky-jerky on either side of the coin. The old adage / warning about the hazards of l…
Spent about a week near Asheville NC in the spring 2-3 years ago. Lovely mountains. Lots of trout streams. Never dreamed a hurricane could devastate the area the way Helene has. Poor souls. The small town I stayed in was not prosperous. I don’t k…
”Can you have most or all of RMD withheld for taxes?”
I did something like that at T Rowe once. Must have been to meet tax obligation after doing a Roth conversion elsewhere. ISTM it should be simple to do what you are requesting online at Fido. J…
I like to torture their robobot personal assistants!
I like that. :)
FWIW - ”Generally, most taxpayers will avoid this penalty if they either owe less than $1,000 in tax after subtracting their withholding and refundable credits, or if they paid wi…
Thanks folks. If I needed a large chunk I’d pool the funds earlier in a cash equivalent as gman57 suggests. With most markets near record highs - good advice. But that’s not the case for now anyway. One reason is the “interest-free” (til 12/25) …
The 3 years for QLEIX looks good because of 2022. This is where ALT funds excel.
Then, you have years when they trail and way in the back.
BY the time most investors realize markets are going down and load on these funds, they miss most of the melt…
I watched the first 2 episodes of West Wing & part of the 3rd this evening. Excellent. Very fast paced. The kind of show you could watch a second time and discover a lot you missed once through. Enjoyed some of the subtle and not-so-subtle comed…
Thanks Catch. I haven’t followed the Tigers. Watched just 2 games all season as I recall. Placing small wagers is more entertaining if you have no personal interest in either team. Yes - should be good for the city. Haven’t been there in many ye…
The 'Desiderata'. I received this writing on a beautiful high school graduation card.
I still have that card.
+1
I first read it in a high school lit class. Very moved by it. I have a framed copy on the wall at home and gifted one to a dear friend …
+1 Nice post @BenWP
I was surprised to hear Adams is so hard up he (allegedly) performed illegal acts in return for upgrades from coach to business class - Geez - I willingly cough up the extra dough. Never considered resorting to criminal activi…
I believe county sheriffs are popularity elected on partisan tickets. I never understood this practice.
In my area the public wouldn’t tolerate such abuse of power. But not the case everywhere.
- Did I mention that the Trump Victory can’t get wet? From the Trump website: “The Tourbillon watches are not intended for water exposure.”
Everything You Never Wanted to Know About the Trump Watch
A vineyard in the area has a large Harris / Waltz out in front. Classy for sure. I guess they’re not worried about losing business - even in this red area. The Trump supporters around here are far more likely to consume Thunderbird, Boons Far…
I think I saw a guy hawking those watches inTimes Square for $9.95 a couple months ago. Probably be able to grab one for under $5 next time out. Yes, thanks @rforno for the link.
The topic is significant. But is it significant to investing? To mutual funds? Surely it belongs in "Off-Topic".
Right-on @Ben. I debated a while on where to post this. I thought Wednesday evening when the news first broke it might well fit under “…
Sometimes it is a question of finding out where the elevator is. They don't make them easy to find, but if you do find one in Penn station, they might be dilapidated, but it is better than hauling your suitcase up the stairs. They definitely don't c…
steps - lots of them. Ever hear of escalators?
And why didn’t they restore the direct bus from LGA to Port Authority after the pandemic ended? Lots of people now taking taxis and cluttering the already busy roads who’d be happy taking a bus. The…
I love New York. But taxes & prices in the areas around the theaters (my typical experience) are sky high. Now, if those in authority are siphoning off some of the tax take for personal gain, then that might help explain why the subway is for …
@hank- I just love how when you ask Amazon for something 30 inches tall they give you everything but 30" tall...
Yeah. I click “reviews” and then scroll up and often you’ll see “ask a question.” (It’s hidden pretty well.) Then I type something li…
