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.
We have owned almost all of those seven American Funds over the many years we were building our pile, varying allocations depending on what was going on in the world economy. Did just fine for us- very stable. I always did like the committee approac…
No problems linking Schwab to JPMC- in fact we have automatic transfers twice a month from JPMC to Schwab. Our SS & pensions are auto-deposited to JPMC checking, then auto-transferred to Schwab for deployment. This allows two potential sources f…
Well, we also started investing in our early 30's. If he's persistent he should be fine in 30 or 40 years. As John Templeton said: "The power of compounding..."
"But Barack Obama stole the show."
Not at all sure that I agree with that... I thought that Michelle Obama gave one of the most powerful speeches that I've ever had the pleasure to hear. Barack was very good, but...
"i don’t believe any report which claims to explain why the market does what it does."
Well, you can believe this report:
• If I buy something because I think that the market is going up, the market immediately goes down.
•If I sell something bec…
We also us JPMC as our primary bank- all of our SS and retirement income is channeled through them, and then automatically transferred to Schwab twice a month. Both JPMC and Schwab have offices one block away from our home, so dealing with either of…
Yes, I also thought that the interview with Manchin was really good. I especially liked his comment that he wasn't going to vote for anything that he couldn't go home to his constituency and explain in plain English.
Why does Musk remind me of a bigoted "one set of rules for multi-billionaires" and another completely different set of rules for "just ordinary persons"?
"Lived through 20% interest rates in the 70s or 80s."
Made a killing on that... bonds out of Utah (Mormons) to build a huge electric generating facility at Four Corners. Terrific income until they were called a couple of years later. It wasn't unti…
I am somewhat amused by all of the criticism regarding BofA. I came to the same conclusion over fifty years ago. When BofA took over the bank that held our mortgage I walked into our local branch, was granted an audience with the surly unfriendly wo…
We prefer DVDs to streaming for a number of reasons. The entire set was about $120 on Amazon, and we have been watching anywhere from 3 to 5 episodes a week. Really cheap when you consider the price for a decent movie these days.
We hadn't either, …
@Catch22- Hey Mark, thanks so much. The 3-DVD set is available at Amazon, but for some reason they don't show any info on the subtitles or CC. We have a couple of "unrestricted" DVD players which can play from any region, and have been able to get s…
If tips become untaxed I predict that it will take about twenty minutes for high-wealth taxpayers to suddenly start receiving large amounts of income as "tips". "You did real good this year, Mr Trump- here's a decent tip for you!"
Speaking of West Wing, my wife and I didn't watch very much TV when we were working, and so now we've bought a whole bunch of DVD sets of some of the great shows that we missed.
By coincidence we're now in year 7 of West Wing, and it's absolutely u…
I won't be surprised if before this is all over we see Trump mentally deteriorating also. Although given where he's starting from, it may be harder to measure.
