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.
"tariffs could add to the prices of imported goods"
While this is of course true, it's one of those boilerplate constructions that doesn't prompt one to think about the ordinary stuff used daily that has a large "imported" component. I'm thinking a…
Way up above @Catch22 quoted "wealth is more likely the outcome of prudent spending and saving habits than high income or inherited wealth"
You couldn't find a better description of the path my wife and I traveled.
For the hell of it I just checked Treasury (91282CAY7) at Schwab, and today the best return is down to 4.32%. This whole scene is apparently very volatile and can change very rapidly.
Speaking of Schwab, I just purchased a Treasury (91282CAY7) paying 4.338 out to 11/30/27. There's also a fair number of similar offerings there on Schwab.
The purchase was financed by selling an equivalent amount of SUTXX, which was 4.92% on 9/30/2…
Like old times- Trump sends Congress scrambling to avoid a shutdown
From a current NPR report:
President-elect Donald Trump hasn't been sworn in yet but he's already running Washington again in his familiar style of upheaval and intraparty drama, s…
"I have mixed feelings about George Stephanopoulos. Excellent speaker/ smooth easy delivery. Likable persona. Bright. I enjoy him. But I’ve long felt his show was slanted to the liberal side."
Seems like a fair evaluation to me also.
I'd really be surprised if a significant percentage of the people who voted for Trump have the slightest idea who Viktor Orban is or what he stands for.
Maybe it's the same with those who voted for Harris... I have no idea.
Oh, they mention it on and off, whenever they want a news splash on a slow day. It's perfectly safe to do so because they know that it will never happen.
I believe that what had been erected of the wall remains standing. If I remember correctly there were some piles of wall material which was unsuited for the terrain where it had been intended to be used, and that was sold for scrap.
I'm not super-s…
Yep- the bad guys are going to have a frigging ball with AI. The rest of us are going to be sitting there like sheep, wondering how we got sheared. This could easily mean the end of electronic commerce as we now know it.
Really glad that I'm as old…
However from that WSJ report:
But FDIC deposit insurance is considered near sacred. Any move that threatened to undermine even the perception of deposit insurance could quickly ripple through banks and in a crisis might compound customer fears.
Aft…
@FD1000- Thank you for once again reminding us what a fantastic genius you are. With all of the other important stuff that we have to keep track of we sometimes lose track of what you and your fantastic genius are up to. Hoping to hear more about yo…
"Forget investor protections, I fear for consumer protections going out the window."
From the perspective of our new improved executive office consumers have one and only one function: to be exploited to the maximum extent possible.
The only Google offering that I allow anywhere near my computers is Google Earth, for which there is no other option. Google has one and only one motivation: to find out as much about you as possible, and then to somehow commercialize that informati…
"Is McAfee really necessary on Mac products?"
I've been using Macs for some thirty years and have never needed McAfee or any other antivirus product. rforno is right- good ad-blocking software is all that you need.
i use the Firefox browser which …
I'm using SUTTX at Schwab as a holding operation, waiting to see what our shiny new and improved administration winds up doing re inflationary possibilities.
