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Is Boston for real , (NBA) ?
Dunno Derf. I stopped watching NBA at least a month ago. Only watch BB on my 5x5’ wall mounted movie screen (using a projector TV). Game is so fast moving. But it doesn’t look good on the big screen in the summer whe…
@FD1000 - I found it a thoroughly enjoyable one hour discussion. I didn’t watch expecting to hear any predictions. There weren’t many predictions - of the investment type anyways. But while we’re on the subject I’ll note that making forward looking…
Thanks guys. @Mark - That looks like what I was looking for. Will give it a whirl tomorrow. Really hard getting anything done in this area in the summer. And lots of price gougers. Try to stay away from the big fish when possible.
Thanks. I hadn’t realized the thread first went up in March and that @BaluBalu was noting a new recent ominous development. Appreciate the recent update @BaluBalu. I probably don’t fully understand the issue. Not something I mess around with. More…
@BaluBalu - I just want to reassure everybody I wasn’t responding to Yogi’s post. I share your high opinion of him. Sorry if my post was in any way misleading.
+1 @Old_Joe
Speaking of the “network news” … When did it transition to the evening weather report? I missed the change-over.
Apparently it’s easier and less expensive to gab about wind, rain, sun and hail then to delve into the wars in the …
I watch little of the idiot box. Bloomberg provides “background noise” most of the day. If you’re lucky you might hear a 5-minute interview of somebody who knows wtf they’re talking about. Bloomberg’s (I think excessive) political reporting is pr…
" We live in two totally different worlds."
"Tell me what you watch and I'll tell you how you feel on almost any hot topic"
"The country is divided... It's on purpose because it makes people money."
Indeed. There, my friends, is the story of our …
One of the reasons I went with Roth conversions years ago. @Tarwheel makes a good point. If possible, try to keep all your funds subject to RMD at the same place. Simplifies matters. The calculations shouldn’t be hard. There’s a multitude of free w…
Nothing puzzles me more then when folks harp about the high cost of fuel / vehicles and than climb up into a high riding 4x4 with room for 10+ passengers. In varied driving conditions you’re looking at 15-20 mpg - half of what many 5-6 passenger se…
@Baseball_Fan - Exactly what is that “average person” you are referring to? Could you give a little more detail? Is that white or all-race inclusive? Is that city dwelling or rural? Church going? Or are atheists like myself included? Does th…
Anyone who gets their information from Faux News or other conservative news outlets would think our economy is tanking and the worst ever. Unfortunately, that’s the case for a large segment of the US population.
Once media understood how to appeal t…
Reestablished position in NSRGY / 25 shares @ 101.91 This thing is either deep value or a head-fake. Even received a “buy” wreck rec in Barron’s this week.
"Senior bank examiners texted female employees photos of their penises."
Yikes!
Presumably no problem with the photos being too large for the texted message to handle? ;-)
Well, nobody can say the FDIC isn’t being transparent.
Thanks for the link @rforno. These guys are playing hardball. Similar to how some short-sellers play. As I posted elsewhere, BCAT, run by Rick Rieder gained 4% yesterday. Listened to a Weinstein Bloomberg interview in the recent past. Pretty impr…
It’s fun to play around in this area for experienced investors. RIO is one of several I’ve played with in recent years. What I’ve learned is gambits like that need to be kept small because of the heightened risk. And in small scale they really don’…
Blackrock increased BCAT's dividend to 20%. They are under pressure from SABA - a hedge fund.
Ahh - Very interesting. I was aware of Boaz Weinstein’s Sabra Holdings chasing Blackrock’s tail on several CEFs. He wants them to convert to open ended…
I wasn’t able to copy BCAT’s portfolio from Morningstar. But here’s the rough allocation as M* presents it.
20% equity
42% fixed income
2% other
47% cash
I believe it’s the use of leverage that allows these totals to top 100%. Also, a high …
Really interesting discussion. I’m swayed by a tough experience in the early 90s where I ended up with way too much credit card / revolving debt. ISTM the bottom was reached sometime after I received a CC that had some type of cash-back incentive.…
Could you gift this to a child the day born? He’d then have reason to take care of his health and try to reach the century mark and enjoy his money.
Haven’t looked at the details. Don’t do CDs. But if this is tradable, than it should behave like …
@FD1000
Thanks. I’ve saved the link to penfed. Just wondered … Do they have 24-hour live phone support? Easy to call? How well do they treat clients who call with inquiries, issues, etc?
I don’t think the live support at Elan is as good as it w…
Microsoft’s AI / Chat gpt offered up these (among other) observations. I’ve edited them a bit for brevity.
“The Return Stacked® U.S. Stocks & Managed Futures ETF (RSST) aims for long-term capital appreciation by investing in two complementary…
October 2016 - The Next 10 Years Will be Ugly for Your 401 (k) https://www.mutualfundobserver.com/discuss/discussion/comment/81779/#Comment_81779
February 2021 - Waiting for the Last Dance https://www.mutualfundobserver.com/discuss/discussio…
This supposed clone of Louis Rukeyser’s famed show seems to have forgotten to mention the market’s performance last week, even failing to note that the Dow closed above 40,000 for the first time ever. Rukeyser must be muttering to himself somewh…
Will they PERMIT an .87 cent sale of ANYTHING? No.
I can tell you from experience DraftKings allows you to buy and sell positions for as little as 50-cents. So 87-cents might work at Schwab. There are many similarities between online investing an…