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.
Hey there @catch22- No, with that opening pic of our glorious leader I realized that it was an "official" site... but really just another "official porn" site. One glance was enough.
• All brokerages need/want to make money.
• All brokerages are going to do that by removing money from customers, some way, somehow.
• Schwab does it by creating situations where they, not the customer, use the customer's money.
• If Schwab stops do…
50k CD came due today- redeployed into SUTXX MMKT rather than new CD or Treasury because rates seem to be rising a bit and didn't want to lock up yield until I see where things are going to settle.
Yes, Francis was a very good man, and a very good pope. It will be interesting to watch the succession politics- there's a very strong right-wing in the Catholic Church upper hierarchy, as well. The archbishop of San Francisco, for example, is a dri…
Following are excerpts from a current report in The Washington Post:
As might be expected from our King of Chaos-
Trump administration: Letter “unauthorized” and should not have been sent.
On Friday, the New York Times reported that two Trump admi…
Hey Catch- thanks for that... really like it. BTW, we just upped our contribution to the ACLU after their success in getting the serious attention of the Supreme Court. I'm hoping for some 7:2 decisions from that group on some of the really dangerou…
Schwab SUTXX broke its long-term gradual 7-day interest decrease today, increasing from 4.12% to 4.13%. Not a big deal, but that rate is like a very large ship- it moves slowly but inexorably, and takes a long time to reverse direction.
OK, I'll bite-what the heck is an "Antetokounmpo" anyhow? I guess the "Ante" means that it comes before the "tokounmpo" , but that's really not much help.
:)
"they told me to take my hands off the keyboard and leave the building"
Sounds a lot like some suggestions that I've seen right here on MFO. Makes one wonder...
Well seems like Lutnick was right- evidently they were temporary- just over the weekend.
Maybe those will be in a new bucket: Mon-Fri only , or maybe even "weekday only but suspended for 90 days" , unless of course they convert to "Trump think…
@Crash- your inadvertent use of a "loose canon" surely harks back to one of your previous lives, but is actually quite appropriate:
canon: 1) a general law, rule, principle, or criterion by which something is judged
2) a collection or…
"I am just waiting to see if FEMA/budget will be cut by DOGE? Govt. should not be in business to provide insurance."
Absolutely right... @kings53man tells it like it is! When major disasters occur no one should expect any help from the government-…
Frankly, I've never liked bond funds because in this type of situation you have absolutely no control over the potential for rapid swings in value. My perspective on individual bonds is entirely different: I buy a specific bond for (hopefully) safet…
@Sven- hey, what's to offend? I hadn't added the to the original post and I was afraid that someone might think that I was serious. Takes a lot more than something like this to offend me, Sven. :)
"Sorry but that sentence really had me laughing."
@Anna- me too, but the sad part is that so many Americans are going to believe all of the BS after the predictable applause by Fox "News" .
@Sven- I hope that you realize that my comments were sarcastic.
Does anyone really believe that some guys could just walk into an immense program such as Social Security, which like many government operations is still using computing technology ch…
