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.
@Graust- Yes sir, thank you very much. Overtly political rants have absolutely no place in the financial sections of MFO. The Off-Topic arena is the proper place for that sort of thing... a concept that only one or two posters seem to have a problem…
Personally, I have no problem with the process. Every presidential election reflects to some degree people's innermost feelings regarding a spectrum of circumstances- the perceived character and personality of a candidate, the degree of experience i…
Yes, all of this is very interesting, and also very convenient for Microsoft: "If the EU would only leave us alone everything would be fine". Unfortunately the track record strongly suggests that is one of those pesky "untrue facts". The original cl…
"supposed to be impartial" ain't quite the same thing as "are impartial".
All along Cannon has done everything that she could to string this hearing out and give Trump as much delay as possible, hoping that he will be reelected and then shut down t…
"I am guessing all or most of that revenue from uninvested cash goes straight to the bottom line."
Well, let's think about that for a minute. If that's true, then:
• Schwab's "bottom line" must be impressively better than it's competitors. or mayb…
"Landlords have an incentive to come up with inflated building profits so that they can land bigger loans. But lenders also often have an incentive to accept these inflated numbers, especially if they plan to repackage the loan and sell it off to in…
" in 2023 Schwab made 50% of their revenue from interest on uninvested cash"
Stop right there. No need to say anything more. If anyone thinks that any business can give up 50% of their revenue from one source without compensating by redistributing…
The “Rule of Law” concept which has been the standard of U.S. law until now has just been replaced by a new “Rule of Whatever the Supreme Court Says the Law is Today” concept. It looks as if the present majority of the “supremes” wants to defenestra…
We are screwed. Well and truly screwed. Thanks to the "supreme" court the United States is no longer the democracy that it has been since it's birth... that chapter is now closed. The next chapter is likely similar to many of those "well run" "finan…
"most market forecast models are completely useless...that is, there is zero predictive validity in them."
(And now, my market forecast model: "large cap value is the coming sweet spot.")
H'mmm .... There would seem to be some sort of disconnect …
The "Supreme" court has just greased the skids to third-world status for the United States. Trump and his minions will just love this. Clearing the swamp, was it?
@hank said- "Often find myself hunting for old threads that contained some special nugget of information."
On the main "Discussions" and "Discussions that have comments" pages each thread has a small "star" icon out at the end. If you click on that…
JPMorgan CDs are fine- very safe (if the FDIC needs to rescue JPM it's likely that the whole show is over anyway), but predictably called early on. As long as this works for you, no problem at all.
@Anna- My experience with CDs is that the renewal rate will be whatever the bank is paying at that time, not at the original rate. However my experience with that situation is strictly with CDs issued by my bank directly- not with brokered CDs. I ma…
I guess that might depend on how badly one needs that profit. If needs are not critical, it might be wise to just take the money and run. If you need a certain amount of profit to accomplish a certain important goal, then you have to do what you hav…
Yes, it seems that all of the adjustments in CD rates have been predicated on various banks trying to read the future, rather than any actual significant changes in the Fed fund rates for the last year or so.
An additional bit of information, slightly edited, from that WSJ article:
NASA and Boeing are investigating five helium leaks identified in the vehicle’s service module—a propulsion system that includes the thrusters. One was noted before the flight…
Capitol Group's American Funds was our primary investment vehicle for some forty years. I was never impressed with their bond funds, but other than that we made a lot of money through the years in quite a variety of their other fund types.
