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.
@Junkster- Larry B. seems to believe that he is the judge of our "credibility". Your credibility with me is perfectly fine, sir.
Thanks OJ. I was trying to say something along that line tactfully, but couldn’t find the right words. You put it well…
TSLA closed @ $287.99 today up 66.83% over the past year. Over 5 years it is up 740%.
I guess the folks that have held it a while can afford to lose a bit shorter term. I’m not aware of anyone who posts on this board owning it currently. But 5 o…
C’mon @Crash. Why complain?
Get yourself some camouflage to wear, an AK-47 to tote, a big loud oversized red pickup to drive (swap out the headlights with an illegal aftermarket kit to make them super bright), a cool MAGA cap to wear - plus…
I left TRP for the reason cited earlier by @BaluBalu. I’’d shut down a P.O. box used over the years for secure mailings and had switched my settings at TRP to “paperless.” But for months they continued to mail out account statements and other doc…
JD said, "If Trump can disappear them, he can disappear you." Yes. It’s a Putin specialty. He’s really good at it. And he doesn’t mind if he takes out a couple others in the process as in a recent plane “accident” on departure from Moscow.
Not quite ready for prime time! - A good description of Fido’s basket system based on early impressions. Today I increased the CEF basket holdings from 7 to 9. Each has a weighting of around 11% inside the basket. (As a group they represent 17.…
TRP’s retail client interface has been a wreck for many years now. Guess I’m fortunate in that Fidelity had everything I needed ready to download sometime in January.
I’m of an age where « environmental embrittlement » might cause any part of me to fly away. What an expression for « glue failure! »
Mostly held together with glue here … :)
Lost $1.12 betting on Wisconsin last night.
Much prefer pro - but the money lines are all so lopsided lately that it’s hard to bet on or enjoy a game. My hunch is that those without much chance traded away their better players at some recent point…
@hank The price is right it seems to me. Let us know if it works out for you.
Thanks, Derf
I’m not sure $60 per year is the “right” price @Derf. Sounds high to me.
My thoughts are that my CEF collection …
@hondo - My view is that if a financial website and its participants can help me make money, I don’t care which way they lean politically.
I subscribe to / read a daily site run by a pro-Trump Republican. I may disagree 100% with his politics a…
Fine @Mark. Columbia was covered in the same PBS News Hour. ISTM Rowan of Apollo was raising a big stink last fall over Columbia & withdrew his personal financial backing. He was in line for a top job in the Trump administration - but passed …
So depressing. PBS News Hour did a segment on this Friday evening. :(
Then I followed up with Washington Week with The Atlantic :(
David Brooks’ closing sentence (PBS News Hour) is alarming & prophetic. Something to the effect that everyon…
Just bought a new replacement window with solid wood frame identical to one purchased from same dealer in February 2018 - just over 7 years ago.
Price in February 2018 with 3-day promised delivery $400
Price today with 6-week estimated deliver…
Markets feel “rudderless.” I haven’t a clue. But until today inflation hedges (gold, etc.) were running hot.
Gundlach is expecting recession. Sounds like he’s cutting risk.
https://www.barrons.com/articles/lutnick-tesla-stock-elon-musk-16a729f4?st=Uqajtr
Short snippet: ”In an apparent bid to reverse that trend, President Donald Trump publicly praised the car company and committed to buying a vehicle during an event wi…
I'm still buy-and-hold, but now with some limitation-bands I keep an eye on. I'm no trader. Like others, I've been growing my MMkt fund, and stocks are not the majority of my portfolio any longer. The turmoil is hard to take, but my homework keeps m…
Once, to try something new, I bought a Scotch labeled "Loch Lomond." Gawd, it was evil. Tasted like CANDY. Sweeter than the flan the Filipinas make for dessert.
https://en.wikipedia.org/wiki/Crème_caramel
Even the name sounds bad.
I can drink Chiv…
from @rforno: They make it sound like individual investors should just go to cash and sit the market out right now...
Yes. The headline is very slanted. How does BB know these retail investors are “losing” money?
Except for the past 2 months they…
Decent Read on Gravitational Lensing
”One profound result of Einstein’s theory of general relativity: gravity bends the path of light, much as it affects the path of massive objects. Very massive astronomical bodies, such as galaxies and galaxy clu…
These broad generalizations are, imo, pointless. What kind of stocks are these retailers buying? MAG-7 momentum stocks? What sector? Or are they just plowing $$$ into index funds, which by their very nature, are market-cappy/momentum-based? They…
@JD_co - You beat me by 3 minutes! I’ll delete my duplicate thread and will endeavor to work faster! :)
From my deleted thread:
This appears to contradict another posted article documenting flows out of U.S. stocks. The difference may lie in…
Excerpt from the WSJ -
(The quote from Powell is from the press conference following statement release and sounds a bit more concerning / critical of the tariffs (“an exogenous source”) than what’s reflected in the official FOMC statement.)
“Th…
Here ya go …
"Bollocks to the rules! We’re strong – we hunt! If there’s a beast, we’ll hunt it down! We’ll close in and beat and beat and beat!"
Quotation from William Goulding’s fictional Lord of the Flies (1954)
And from Oscar Wilde - ”Lif…
Thanks Yogi. It would be nice to think Trump, Musk and Co have had the effect of shaking out the weaker hands. I think that’s somewhat true nearer term (reflected in the bearish sentiment indicators). But wouldn’t bet the ranch on it longer term…
Thanks Yogi. Interesting. What I can’t tell from the numbers is how far out the time horizon is in these surveys - assuming there is one?
Conceivably, one might be bullish near term (1-3 months out), but bearish longer term (3, 5, 10 years or more)…
"The real question is what happens next."
Yes. If Trump blatantly challenges the courts I can't begin to imagine what consequences might flow from that. And, given the man's obvious contempt for any base of power other than his own, I'd bet that's …
Summary from Bloomberg this evening:
”In the day or so since US Supreme Court Chief Justice John Roberts appeared to scold Trump for his attacks on the judiciary, a flurry of lower court decisions were less subtle in taking the 78-year-old presiden…
Thanks Old Joe. I hope they find intelligent life somewhere out there.
Fascinating details in your excerpt.
A recent explanation of gravity I’ve come across. I’ll use our planet as an example. (A) Like all objects the earth tries to move in a st…
Re: “ Curious why you established positions in both funds. Aren't PYLD and PIMIX very similar funds with the same managers?”
I have a large position in PYLD, and reestablished a larger position in PIMIX recently.
Short term, PIMIX seems to have rega…
Re iodine
Then I’ll take David’s word for it and pass.
I did dump a $20 bottle of Teachers down the drain years ago after 1 sip. Peat or no peat. Like to think it worked as drain cleaner.