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.
"Name one extreme left elected official and his or her extreme-left position(s)."
The problem with that approach, as I know only too well from years of losing arguments with a hard-right acquaintance, is that any position that isn't theirs is autom…
@MikeM- Being a Michigander, Catch speaks fluent Canadian as a second language. "eh?" means "yes?". But then, being from Buffalo, you probably knew that.
:)
@LewisBraham- Oh, yes, that rang a bell. I remember reading that article years ago. Certainly brings back memories... I always thought that John Boehner was at heart a decent man (unlike most of today's crop of brutish right-wing political hacks), e…
With respect to Krugman, I'm pretty much in agreement with his general line of thinking. But I do question some of his premises, such as his suggestion that states should not care about saving "federal" dollars. That's just baloney... those are Unit…
@BobC- Great to hear from you again Bob, and congratulations on your smooth transition to retirement. When someone once asked my father what retirement was like he said "great... every day is Sunday!"
"Old Joe simply doesn’t realize that all of us in Michigan are geniuses"
@hank, @ Catch22-
Actually, by chance I've known quite a few Michiganders and Michigeese over the many years, and with only one single exception they've universally been intel…
@hank- Hell, Catch don't know one end of a horse from the other. But then again, our stable genius of a leader doesn't know one end of the Constitution from the other.
@davfor- You are doing your best to provide forward-looking resource management for your sister, with an eye towards compensating for future market changes, and I think that this is essential.
Earlier DavidV remarked that "He will get help in portf…
@DavidV- With respect to your question: "What would be optimal investment for consistent income return of 4%", I think that @bee, above, gives you a pretty good insight. Both @Ted and @bee are well regarded with respect to financial matters; because…
3k/mth required, offset by 1k SSDI, leaves 24k/yr to be generated. Raw, before any taxes or fund expenses, that is going to require a permanent, consistent income return of 4.8% on the 500k. That means that there is going to have to be what I would …
@Ted- Good choices but Schwab is showing Vanguard Wellington Fund Investor Shares VWELX as only "Available to Existing Shareholders". VWINX is still open, however.
@hank- If you succeed with Einstein's Theory of Relativity you'll be in good shape for the next challenge: figuring out Ted's Theory of Posting Relativity. I've been working on that one for years now with no discernible progress. :)
Have a great N…
@msf- Exactly. There is a disconnect between "17 year old female, who requires an individual plan" and "the parent is looking at other options."
I'm hoping that Catch will clarify the situation.
BTW, wishing you good health and a gratifying new y…
@Ted, @catch22-
Catch is certainly aware that younger people are generally included on their parent's insurance. Yet he specifies "17 year old female, who requires an individual plan".
Additionally, he says "And no, I don't know whether the pare…
"Just our luck at the moment."
@davidrmoran- Wasn't luck. He is the product of a well-planned, carefully orchestrated, and heavily financed conspiracy.
@JoeD- No need to go all of the way to Russia... plenty happening right here at home.
It has been well documented, and there is absolutely no doubt, that the most significant amount of money invested in Donald Trump's election was provided by vari…
@AndyJ- Also you can try clearing all of the Chronicle's cookies before browsing. They usually plant a "counter" cookie there that keeps track of your visits.