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.
"... Trump declared last night that “we are going to have growth in the auto industry like nobody has ever seen.”
Will that come before or after the greatest healthcare program ever seen? Or proof of a stolen election?
Sad isn’t it? I’ve seen est…
Thanks @yogibearbull. I don’t trust M* as far as I can throw them. Just a starting point. Always read the fund prospectus and most recent annual / semiannual report before investing. CEF Connect seems to be a better source of information on CEFs. …
@shipwreckedandalone has cited part of David’s dissertation in the March Observer which went live late yesterday. :)
Here’s the relevant passage: ”The US stock market has a giant problem. ‘Giant’ in the sense that investors have poured money s…
”Added to winning position on ABEV (Brazilian beer), after performing more beer research in the bar last night.”
Peter Lynch always said to invest in what you know. I don’t know where my taste for beer went, but a 6-pack lasts a month now. Much pr…
What’s the significance to me?
- Do my fund managers need / rely on these statistics when they invest my money?
- Does the Federal Reserve rely on any of this stuff in plotting the rate curve?
- Will labor contracts with COLA provisions be …
”I do that at Schwab in an account I only hold mutual funds. Reinvest all dividends”
Thanks. Probably what I’ll do. Can’t imagine there’d be any flack. It’s much easier in this case than getting up to speed at I site I never visit. Appreciate your …
A Corvette definitely meets my narrow definition of “car” and would be a hoot to own (I’d probably keep it under wraps.) :) So you reside in one classy place @Junkster.
Good points on Nissan. I wonder however if Trump’s plan would allow the inter…
”If someone can’t see the connections between NOAA cuts and the economy, they aren’t thinking very hard or are blinded by ideology. The US has seen alarming increases in natural disasters in recent years, much of it due to climate change. Conservati…
Back on track!
Came across this commentary from Guggenheim recently. Appears to dismiss the tight spreads. Just ”talking their book”?
Reframing Tight Spreads in Leveraged Credit
Thanks Yogi. My “scatter-brain” would probably find it easier and more reliable to do by owning a single share. (about $29.00 currently). Don’t run any portfolios online, preferring dedicated apps.
Occurs to me that adding or withdrawing sums in…
I like writing. Amazon recently invited me to become a “Vine” reviewer. You get items (to keep) for free in exchange for “your honest unbiased review.”
But wait! They report every item as income based on its normal retail price to the IRS. So, i…
If you ever want to know how volatile CEFs are, try putting a bunch together (in roughly equal amounts) on a pie chart and watching them jump around. Swapped out a couple from my collection of 7 today, adding TEI (EM credits) from Templeton and LG…
Back and forth over border 6 times before it's a thing.
I’ve known women like that. Promise you everything. Try to cash-in on anything.
Rarely have I owned a domestic vehicle actually assembled insides the states over the past 50 years. Had a Mer…
Foreign assets spiked about the time the U.S. markets began the late day sell off. There were unconfirmed reports the Fed was eyeing more rate cuts than earlier proposed (5 thru year end I think). That would weaken the dollar, but might serve to pus…
Awful. One look at Bloomberg and he’s still running off at the mouth past 10 PM. Thank God for music. If anyone happens to be a Gleason fan, “Love Letters” is the best of the lot IMHO.
Bernie Walks Out …
Thanks guys. Good humor.
Here’s a few snippets characterizing the day’s trading -
Barron’s: “The stock market fell sharply on Tuesday, but some midday dip buying cut into the worst of the day’s declines. The Dow Jones Industrial Average was dow…
”I meant that when you decide to cash out, you will still be getting dollars.”
Yes. I would hope so. After watching a cashier at Walmart try to count change for the $50 Bill I handed her yesterday, I shudder to think what she’d have done had I han…
“The whole point of this thread was to discuss declining safety in areas that were safe but might not be much longer. Because of a reckless and destructive government out of control.”
Fair enough. But sometimes inside a thread a poster asks a non-…
@LarryB . I did not say this thread or anyone’s comments therein contained should be in off-topic. Just that my own feelings regarding politics go there. You are welcome to post anything you want. If you want me to delete my last remark directed t…
”It doesn't seem like there is anywhere to hide. All forms of bonds are based in US dollars, "backed by the full faith and credit of the US gov't". Does anybody here have faith in the US gov't now? I am looking at Invesco currencyshares. Even those …
For what it’s worth (probably not much) - My portfolio was flat yesterday (- 0.01%) despite some real carnage in the major domestic indexes. That’s with 34% in equities (over half in foreign) and 12% in what Fido lists as “other” There’s a lot o…
”Usually, you are correct … “
If folks don’t know, FD has a little difficulty with English - it being a second language. But I need to correct the obvious incorrect statement above.
Should read: ”Usually the point about trading in bull &…
Thank you @Old_Joe for the response. I remain to be convinced that a thread of this nature can remain non-political and non-inflammatory for very long. You already know how I feel. With 90% of all Off-Topic threads currently related to Trump, Mus…
Come on OJ. You know this belongs in OT. :(
And if you provide a “link” here to an off-topic discussion you are well aware it will still be discussed in the investment section due to the failings of “Vanilla” you explained earlier.
Much as I va…
Nicely done @Junkster. Thanks.
”As much as I abhor junk bonds” - Maybe change your handle? How about “Triple A”? / Triple A 1000?
:)
We oldsters all know how successful you have been over many decades plying the junk market, even authoring a b…
Generally a good topic but has low correlation to what markets do in the next 1-4-16 weeks. A trader like me is interested only in what to do now and disregards politics and economic indicators.
There are concerns all the time. My idea is to be inve…
From Oaktree Capital - CLO Myth-Busting: The Top Three Misconceptions
From Wharton - Why Collateralized Loan Obligations Will Not Cause the Next Financial Crisis
From Clarion Capital - Collateralized Loan Obligations (CLOs), which use corpora…
Thanks, Hank. I think of raising cash as a form of hedging.
Absolutely. If there were a big sell-of of equities, that extra cash would be put to work - but probably not all at once. In late ‘08- early ‘09 there was no cash reserve. It was a great…
Good topic. I don’t invest according to the factors listed in the OP (not that it’s a bad idea). But like Yogi Berra said - “It's tough to make predictions, especially about the future.” To a great extent it’s “business as usual” here.
I have tr…
The percentages cited in the story from 2024 are interesting. The S&P 500 bested active management with a 25% gain. I hadn’t realized what a hot run it had.
And a snippet quoted from the referenced article:
”Overall, it wasn’t a shabby year…
”I believe it's unwise to select the "Best Fund Families" focusing on one-year performance.
Consider also that the largest fund(s) may have produced excellent returns (luck?)
while the vast majority of funds in the firm's stable may have greatly und…
I always thought the romance languages like French / Italian / Spanish had a nicer sound. I’d opt for one of them. English is downright kinky to master. Their They’re There / Two To Too.
Will there be an official car? I don’t suppose Toyota has …
