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.
@mikeW-
I also use Schwab and am quite happy- none of the stupid BS that Crash details. I've never used Fido, but Catch22 likes them a lot. Since you already have the Schwab account, if I were in your position I would seriously consider opening a …
@JoJo26: It will obviously come as a surprise to you, but it is possible to disagree with someone without being a total snot. The difficulty is that it takes a bit of thought, subtlety, and consideration for others, and some of us don't seem to poss…
"It's almost like damaging GE was the objective"
Yes, I had unease in that direction also. A bit like the firefighter who turns out to be an arsonist. GE is claiming "market manipulation". Stranger things have surely happened.
That is exactly why …
@Ted: I completely agree, and that's the exact reason that I made no comment on the article. It's an accusation at this point, and nothing more until proven one way or the other. For one thing, I'm a bit skeptical about the odds of a second major "f…
@LewisBraham- I hope that you're not suggesting that our government would attempt to distort reality. Why, that would amount to an attempt to be less than truthful to the citizens of this great country!
(If we're not really great again yet, we're s…
Hey David- re-read Hank's comment- he's not saying that one party or one set of executive actions isn't actually responsible for initiating or amplifying problems- he's simply saying that it's impossible to assign blame that all sides will agree on …
"It really makes no difference with a long time horizon."
And that is one of the most important facts to always keep in mind. It's also the reason that Ted, myself, and a few others here have greatly reduced our exposure to the markets: when you hi…
@hank- good luck on that one. As you well know, over the many years there have been a number of posters who stoked up fights because they had deeply felt partisan positions on economic matters.
Not seemingly the case here. More like hollering "fire…
"Since 1890, U.S. real estate has produced an annualized return above inflation of just 0.4%, as judged by the Case-Shiller U.S. National Home Price Index and the consumer-price index."
"U.S. real estate". "U.S. National Home Price Index". There yo…
"Homes that were purchased for $30,000 in the 60’s are now worth over a million."
No, they're definitely not worth over a million. However, they do now cost well over a million.
And the Midwest grain storage facilities are now overflowing with grain unsold since the tariffs became effective. At least our Canadian friends won't take advantage of us by selling their grain to China. Oh, wait... I forgot... our master negotiato…
@AndyJ: Yes, sir- that's a really good question, isn't it? The way things seem to be heading it looks like we'll have to wait until the next downturn/panic to see reality in ratings. Yet again.