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.
"Historically low rates may make it harder for central banks to cut rates and thereby stimulate spending during the next downturn."
@hank- Would you please send a note to Mr. Trump advising him of that? I'm sure that he would respond positively as …
I did. If you arbitrarily exclude one group of what you consider to be "outliers", then it's only reasonable to also exclude other obvious "outliers". In other words, the point I've been attempting to drill through your brain is that this entire sub…
@hank- I rather like the continuity of having one major thread on any current major subject, but I also thought that it wouldn't hurt to highlight the nature of the new information with a supplemental "headline" post.
Perhaps I "misunderstood" Ted'…
What a great point! We exclude folks like rforno and me (and most likely the great majority of MFO participants) because we're "outliers" with too much saving to be considered, and then of course to be consistent we also need to eliminate everyone w…
Amplifying the comments of rforno and hank, from the referenced article itself:
"So if you're wondering how your retirement nest egg stacks up against the "average" one, you first need to decide to whom you want to compare yourself (and your egg)—t…
We seem to be foundering on the exact definition of "retirement account", but the headline of this post refers to "Retirement Nest Egg".
Given that, it is difficult to understand why we would limit our consideration to only the sheltered component …
Following are selected excerpts from a current Wall Street Journal news article. They have been lightly edited for brevity.
Boeing’s Own Test Pilots Lacked Key Details of 737 MAX Flight-Control System
Boeing limited the role of its own pilots in t…
So Much Winning! - TWO FOR TWO!
This article is currently running in The Wall Street Journal:
Trump Says Stephen Moore Decided to Withdraw From Fed Process
Withdrawal comes after Republican senators raised concerns about Moore’s comments on wome…
@Mitch- You make several interesting points, especially regarding the propensity for just about everything to sink together in a major downturn, but not to recover in unison.
@Ted- According to additional info in the WSJ article, Occidental said that “We are thrilled to have Berkshire Hathaway’s financial support of this exciting opportunity”.
Anadarko doesn't seem to mind having two prospective buyers outbidding each o…
This just now from The Wall Street Journal:
Berkshire to Invest $10 Billion in Occidental Petroleum to Finance Anadarko Bid
Warren Buffett’s Berkshire Hathaway Inc. agreed to inject $10 billion into Occidental Petroleum Corp.’s bid to acquire Anad…
Yeah, that's what Wickipedia says. All I can tell you is what I remember as a kid- the expression was never heard in our lower middle class social strata until Kate and TV. I doubt that Wickipedia had a lot of input from that particular social cohor…
Following are selected excerpts from a current Wall Street Journal news article. They have not been edited in any manner.
Boeing’s Enduring Puzzle: Why Certain Safety Features on 737 MAX Jets Were Turned Off
Plane maker Boeing Co. BA -0.53% didn’…
@Derf- Not to detract in any way from the excellent comments above, but as a bit of minor television history- in the early days of black and white tv (early 50's) there was a very large woman named Kate Smith who had a variety show of sorts... can't…
"The fat lady hasn't begun to sing."
@Derf- Do you know where that particular saying comes from? (Maybe I should ask "Are you old enough to know...") :)
"I'll always bat 1.000 vs a try hard like yourself."
This may come as something of a surprise since you obviously believe that the sun, moon, and planets revolve around you, but whatever you may think that you "bat" is totally unimportant and unint…
"It" presumably being whatever JoJo26 has personally decided "it" should be, because YOUR opinion is all that counts. Let's not confuse matters by allowing anyone else on the planet to have a different concept of what "it" might be.
@Ted likes to pretend that he doesn't understand that he can add comments to his original post without artificially bumping it. He can be really dense when it suits him to be so.
A real professional job there on that link, Ted. And you call yourself "The Linkster". If you're going to do something, then do it right.
And here's the link.
This may come as something of a surprise since you seem to believe that the sun, moon, and planets revolve around you, but whatever you may consider to be "credible" is totally unimportant and uninteresting to me, and also a fair number of others he…
Urban Dictionary: Noob
"Noob is one of those few words where the word itself is actually part of it's own definition since anyone who even uses the word "Noob" in a serious manner is a Noob himself."
Following are selected excerpts from a current NPR news article, edited for brevity.
Uncertainty: that's what Boeing says is in store for the company and its investors as it tries to get approval for its 737 Max to return to the air. Boeing said We…
A scenario that would be really interesting is if Trump is reelected but the Democrats retake the Senate in 2020. Without Mitch McConnell covering his ass Trump is dead meat. I've not seen any political commentary on this possibility, but it could t…
Following are lightly edited excerpts from the link posted above, without explanation or comment, by johnN.
(CNN) - Hillary Clinton said Tuesday that President Donald Trump would have been indicted in the Mueller investigation if not for a long-sta…
@johnN- I would remind you that posting MFO guidelines stipulate that bare links are not appropriate. A short (and hopefully articulate) comment is requested which either summarizes or outlines the reason for the link.
It would be appreciated if yo…
