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.
"The other day I noted 1 & 2 month Jumbo CD rates were in the 2% range"
@Derf - but where did you note this ???
On the website of some bank or at a brokerage??
As any of you who have put up with my years-long MFO commentary are well aware, it's sometimes difficult to know if I'm being facetious, sarcastic, ironic or absolutely serious.
Let me be real clear on this: until Trump and COVID I just sort of ass…
U'mmmm ... could an unregulated capitalist system possibly be involved in that? Or... dare I even think it... massive "campaign contributions" to our wonderful politicians?
"I had an external electrical box with a male plug mounted on the side of the house. And some switches inside which allow me to connect the generator into the house that way. The switching inside assures you can’t accidentally run hot current into t…
"Low quality bonds can make an income fund feel very safe and secure for long periods. When the s*** strikes the fan they can fall out of bed overnight."
We haven't heard much from JohnN in quite a while.
Well, in fairness it's not all that unusual to have one-off component failures on any aircraft. Stuff just happens. Same with vehicles. It's the system failures, management failures, communications failures, design failures, and shoddy assembly prac…
@BaluBalu - To expand a bit on Yogi's answer above, Schwab shows the price to buy that Boeing bond as 121.14. Since you would be paying 21% more than the face value (100) for that bond, your return rate of 5.346% would be much less than the original…
"I have a hard time paying a computer even 0.3% for advice. You are also stuck with their version of Asset Allocation"
Kind of like paying the mice to watch the cheese for you.
@Crash - I've been a Democrat since forever. And I have to tell you, I agree with everything that you just said.
@hank - Yes. we also did well with Mario, many years ago.
Smart move. Rather than have hoards of passengers upset by last minute cancellations they give customers time to make alternate arrangements if possible and then gradually revise the UAL schedules as things get sorted out.
@Equalizer - I almost overlooked complimenting you on BYOB / Bring Your Own Bolts. My wife and I could hardly stop laughing at that one. At dinner last night for some reason it replayed in my mind and I started laughing all over again. The wife say…
The FAA is tightening oversight of Boeing and will audit production of the 737 Max 9
Following are extensively edited excerpts from a current NPR report:
The Federal Aviation Administration says it will increase its oversight of Boeing and its su…
FYI: In the Off-Topic section there is now an updated report: the FAA will increase oversight of Boeing citing ‘other manufacturing problems’.
The latest update is 1/12/24, 10:16 AM (PST)
Some years ago we were all boarded on United and ready to leave Frankfurt for Sf. The pilots noticed that a small piece of metal on the wing appeared to be loose, and we all sat there while the local United mechanical guys did their best to temporar…
@hank- I dunno- remember how Ted very angrily called me out when I was posting about the software automation /two-crash fiasco. "The best aircraft manufacturer in the world- they'll be right back on top very soon, etc.
Following are edited excerpts from a current report in The Guardian:
Boeing is facing a formal investigation into whether it made sure 737 Max 9 planes were “in a condition for safe operation” after a cabin panel blew off during an Alaska Airlines …
FYI: In the Off-Topic section there is now an updated report regarding an F.A.A investigation into the Boeing 737 Max 9.
The latest update is 1/11/24, 1:09 PM (PST)
@Derf - Doesn't look like a roll pin to me- looks like the so-called "bolt" is simply a short piece of round bar stock with a head which is a larger diameter than the bar itself. The bar stock would have a small hole drilled through it near the end,…
@Sven- Hello therre- I am using the term "cotter pin" very loosely, as many people are familiar with that term. The actual bolt/pin setup on the 737 appears to be a part designed specifically for that application.
Well yes... perhaps the most impressive part is how they get the "bolt" through the hole since the bolt "head" is bigger than the bolt hole. (Picky, picky... it really is a decent graphic.)
Yes, it's sort of a dark silver colored piece- very short. The actual bolt has a small hole drilled through the end, and the locking (cotter?) pin is then pushed through that hole and typically bent a little to prevent it's sliding out again. It's s…
