From Frank Nash: “I question your recommendation of Lindner Dividend, categorically, and as a fund which “makes a little money in down markets.” In fact it lost money (-4.08 in ’87, -6.51 in 90, -3.31 in ’94) in the last three down markets while underperforming the S&P 500 for (at least) the last 15 years. […]
From AASLCS@aol.com: “What about an IRA for a kid less than 14? After I saw a story in The Wall Street Journal, I asked my accountant and he said it does not make sense for an eight-year-old because the IRA is not a deduction for him.”
I don’t agree with that.
It’s hard to imagine […]
“Last year my wife asked a cab driver in Amsterdam about his country’s politics. ‘We don’t have any,’ he said, ‘everything’s been decided.’” — New Yorker cartoonist Charley Barsotti, telling me why he was thinking of moving to Holland
Here, of course, everything’s not been decided.
A few weeks ago I wrote some comments […]
“I don’t want to tell you how much insurance I carry with the Prudential, but all I can say is: when I go, they go.” — Jack Benny (quoted in Janet Bamford’s forthcoming Smarter Insurance Solutions)
Have you checked your life insurance needs lately? Click here and work through the new estimator it’s added, […]
To me, Public Citizen is one of the basic “good guy” groups, along with Norman Lear’s People for the American Way, the American Civil Liberties Union, Common Cause, Planned Parenthood, Amnesty International — all that. I was a charter member.
But it’s precisely because I think of Public Citizen as being among the good guys […]
Frequent visitors to this site know they are burdened with a couple of my obsessions. One for “historic documents;” another for low-fat foods (have you tried Dannon’s new “Light ‘n Crunchy” frozen yogurt? the peanut butter crunch is fat-free and 440 calories for an entire pint); another — the subject of today’s comments — for […]
Did you see that remarkable little piece in The Wall Street Journal reporting how employees deploy their retirement assets? Typically, employees in a 401(k) plan get four or five choices: their company’s own stock; common stocks in general; some sort of guaranteed-income account; and maybe one or two others. Right?
Based on a survey of […]
From S.N. at Carleton College: “My question pertains to Warren Buffett’s Berkshire Hathaway shares. I was wondering what would happen if Buffett died tomorrow. Wouldn’t the shares tumble in value? And if so, considering that he will die someday, isn’t it a good stock to short for a long-term investor? Excuse me if the question […]
From Syd at Auburn University: “We apply your four-prong technique to our investing, and it has been very rewarding. We also invest for my wife’s foster mother who is 96 years of age. She has always been a very conservative investor, primarily in CD’s and treasury notes. We have broadened her portfolio to include a […]
Ted Turner, who gave us CNN, one of Television’s Seven Best Sibilants (the others being Seinfeld, the Simpsons, C-SPAN, 60 Minutes, Sesame Street, and CBS Sunday Morning), has done it again.
This time, all it took was one of his typically brash, clear-thinking riffs, of the type he used to lay on Tom Snyder, back […]
Quote of the Day
Years ago, in the Carter term, a stockbroker tried to explain what Schlumberger did. 'It goes to 100,' the broker said, exaggerating only a little bit. 'Then it splits three-for-two and goes back to 100 again.'~GRANT'S Interest Rate Observer
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