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.
Bought a tiny bit of DSENX just to watch it and see how things evolve. So far I'm down $3, so if your position also went down at least you know who to blame.
Got rid of couple of very small bond fund positions just to clean things up a little.
@VintageFreak- With the market up 5.5% YTD, if DSENX was shorting consistently how could they be beating the market at 7.4%? That doesn't seem to compute.
From a current article in "The New York Times"-
American Medical Association Opposes Republican Health Plan
"The American Medical Association, a powerful lobbying group representing the nation’s doctors, announced on Wednesday that it opposed the …
From a current article in "The Guardian"-
How Republican opposition to healthcare reform is taking shape:
These are the five most important people or groups on the fence about the proposal so far:
• House Freedom Caucus
• Senate conservatives
• O…
From a news site recently recommended by an MFO member:
"The GOP health care plan is in critical condition. The plan is going to have to fight a three-front war to survive: 1) conservatives are calling this “Obamacare-Lite” or “Obamacare 2.0”; 2) m…
"I wish you and your family well and much pure luck too."
@MJG: Well said, and thank you. I wish the same for you and yours.
With respect to "mirrored my initial entry" I was struck by our parallel experiences and deliberately utilized (stole; reu…
"More sophisticated time related portfolio failure rates are not the problem with the codes."
"The problem is that many code designers elect not to include that data in their output summaries."
If the data is not included in the output then the ou…
The Swedroe article is very informative and interesting, especially with respect to taking a hard look at the retirement plan projected failure rate. While various plans may have an apparently similar rate, the failure may occur at significantly dif…
"the government will virtually ensure the cycle of poverty continues as many of the poorest people are young single mothers"
[sarc] How else are we going to insure that there's always "us" and "them"? If everyone was like "us", who would be left to…
My wife was a teacher in the SF Public School System for 35 years (and deserves a hero medal). She was extremely fortunate, in that the SF teachers had a decent pension system (CA Teachers Retirement), were allowed to also contribute to Social Secur…
@David_Snowball- Nice work, David. Multiple identities used to be a firing-squad offense at FundAlarm, as you'll recall. How pathetic that someone needs to resort to "clones" to simulate a supportive audience.
Very pleased that we're to continue wi…
"it appears that one member of the community has posted under two main identities (one appearing after the other was placed in the moderation queue) and then seems to have created two other identities to offer "grassroots support" for their opinions…
@LLJB- Yeah, you're right. I shouldn't be so hard on ol' mjg. It'll be a struggle, but I'll try to be nice. Pedantry isn't a capital offense, I suppose, even though maybe it should be.
@Sven- Nothing like a good war to get the economy moving! Helps with manufacturing, unemployment and wages too! Good for everyone, except of course those wounded or killed. But making replacement people is fun, so that's sort of OK too.
A phenomena which seems to be ancillary to this conversation: In many of the more controversial discussions that are the subject of this thread I've frequently observed an interesting pattern.
A thread, frequently having no overt "political" overto…
@Edmond- Thank you for a serious and well thought-out evaluation of the controversy, and a closely reasoned recommendation for leaving things alone. Your perspective is of a quality that would have been appreciated by the founders of our country. Th…
@MikeM- Yes, that was our experience with my mother also. The assisted living costs exhausted all of her assets, and it was necessary to draw against the value of her home to maintain her support. Fortunately her home was fully paid for, and my wife…
"Even posting with your real name does not stop people at the WSJ from awful comments."
@sma3- Man, is that ever the truth. We subscribe, but I refuse to enter into that pool of merde.
One major difference here: it's true, we do tend to wander off…
@Ace- I'm happy with Vulcan Value Partners Small Cap Fund VVPSX, +4.3% YTD. Available No fee, $100 minimum @ Schwab (and probably many other places too).
@JohnChisum
But how about:
Poster B: Up to this point Trump's administration has made numerous proposals that have virtually no chance of being approved by the Republican controlled Congress.
Now that is a factual statement, but somehow I don't th…
"I would be more than happy to take nominations of people who you'd trust with the magic eraser, who'd also have the time and willingness to wield it."
@David_Snowball- I hereby withdraw my vote for Dex!
:)
"I would be more than happy to take nominations of people who you'd trust with the magic eraser, who'd also have the time and willingness to wield it."
@David_Snowball- I vote for Dex!
:)