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.
"I get that a lot of people hate millennials, but I think it is just a classic hating the younger generation thing."
Why on earth would anyone "hate" an entire generation? Not identify with them, perhaps, not understand them well, OK, but "HATE"???
About that TRP article: actually not a very good American cross-section...
"T. Rowe Price surveyed workers of both generations who were contributing to their workplace 401(k) plans. Admittedly, Americans who are committed to saving for retirement a…
"Many Americans don't have much money saved because quite frankly they're just getting by."
@LewisBraham_ I have no argument with the main thrust of your comment, regarding the basic superiority of a defined benefit pension over the 401k semi-ripof…
Gary Cohn has just resigned his White House position as director of the National Economic Council, because of the tariff decision. Says Trump, per WSJ: "I like conflict".
@Maurice: So in your world an "opinion" is nonfactual and invalid simply because it is an opinion. Unless of course that opinion happens to be yours. Nice try. More absurd by the day.
"collective common good"
@Crash: "I'm sorry, the number that you have dialed is not in service at this time. Please be sure that you have dialed correctly"... "I'm sorry, the number that you have dialed is not ...
"another problem I believe to be at the roots of this is that we don't do a great job educating people on money."
@JoJo26- I agree completely, and have been saying the same thing for at least fifty years now. People of our generation (some of us, a…
@catch22- It's just another one of those simplistic put-downs from the right. You see it frequently from the Trumpsters in the WSJ article commentaries. The inference is that we are still pining over the loss of the White House in the last election,…
"It is an opinion piece, and is highly biased toward unions and singles out Republicans."
@Maurice: It was a fairly detailed article: if it was so nonfactual as you would have us believe surely you could find a few specific examples for us. Your de…
I suggest that most other OT Threads are usually not titled in a manifestly partisan and denigrating way. (That sort of thing may creep into some of the commentary from time-to-time, but at least it's not an in-your-face headline assault.)
Speaking…
Yes, that NBC link squares with information published in this morning's WSJ. Oddly, I can't seem to find that article in WSJ on-line, but that's probably a failure on my part.
@PRESSmUP- That print version article notes that Rob Porter, recently di…
The use of such labels as "repuglican" or loaded comments such as "So sad!" contribute nothing useful to the conversation, and lowers the level of MFO to that of the WSJ blog commentary pages. It is for exactly that reason that management sometimes …
@hank- I didn't realize that your comment had been removed from that thread. I understood what you were saying, and in no way was it either incorrect or offensive.
Anyone of reasonable probity would find it obvious that it would be impossible to give specific dates for David's commentary on this subject over the space of many years. If you want to suggest, in yet another of your flimsy attempts at misdirection…
@Maurice: Show me in her exact language where she "wants to be your new mutual fund manager". Talk about "reading between the lines"! I suggest that it's a false assumption that "integrity" is even identifiable in most of your postings.
David Snowball, the site administrator, has in fact commented or responded to questions from time to time over the years on this topic. Any long-standing member, especially those who go back to FundAlarm days, is (or should be) well aware of the gen…
@larryB- I am not the censor either, but I can guess that the unequivocally negative and partisan thread title was, by itself, enough to cause management to take a dim view of the whole thing.
My personal feelings are pretty much in alignment with…
@jlev- OK, you sent me chasing to Wickipedia with that one. Great, I love it! And the capper is that he eventually "became chairman of the American National Standards Institute (ANSI) and then, president of the International Organization for Standar…
@Ted and @LewisBraham: Thanks. My position exactly. There are plenty of reasons why decent people own guns, for hunting, sporting, marksmanship competition, and even for personal safety. Automatic and semi-automatic assault weapons have absolutely n…
"The notion that Warren is suggesting divestment with her letter is false."
@LewisBraham: Exactly. A fact that seems to elude our friend Maurice, who first introduced her letter. You'd think that he might have read his own "evidence" a little more …
There's an article in today's WSJ about such guessing games. They claim that "40% chance" is the hands-down favorite number for most of the "professional" financial community.
It's a great number because if it doesn't happen, nobody can claim that …
Elizabeth Warren Wants To Be Your New Mutual Fund Manager
We've lost sight of the original misdirection and sleight-of-hand that @Maurice employed in his original post. From his link, here's the appalling suggestion from Elizabeth Warren:
"By leve…
Is it "appropriate" for a US Senator to accept bribes from, and do the bidden dirty work for, an organization that believes that ordinary citizens should be subjected to injury or death at the hands of some gun nut with an automatic rapid-fire weapo…
