etf.db shows TMFC as passive/indexed with ER of 50 bps. Is that for Motley Fool name? There is big iShares SP100 OEF at 20 bps.
FBCG is active LC-growth with ER of 59 bps. FBCG had difficult 2022, but it leads for YTD, 1y, 2y.
https://stockcharts.com/sc3/ui/?s=TMFC&id=p68017090487&compare=OEF,FBCG&perf=false

@BaluBalu

I look at its chart and can not figure out why it does not get love in this forum. Any thoughts? Looks better than FBCG to my eye.

Lots of choices in large growth, be it etf's, mutual funds or an index. A LOT of choices period when looking at all market areas.
Since FBCG (Fidelity Blue Chip Growth) inception in June, 2020 vs TMFC, FBCG is +133.6% and TMFC is +126.5%.
Notes about this sector indicate 869 offerings now vs 476, 15 years ago. FBCG is an active managed etf, TMFC is set against an index.
For our house, if we can have an investment that is a Fidelity product and compares equal to another vendor product, we will choose Fidelity.

@BaluBalu- A KVM switch is a device that allows the use of a single keyboard (K), video monitor (V), and mouse (M) to be switched between two or more separate computers.
I have two small minis stacked on top of an ancient G5 (definitely not "mini"). Each of those computers runs a different Mac Operating System (OS), and they can all be run at the same time. The different operating systems are necessary because I have some very old programs/apps that will not run on the newer Mac Operating Systems. The KVM switch allows instant switching between any of the computers.
It's actually a pretty clunky setup with wires and cables everywhere, but I have the room for it and it works OK for my needs. Not recommended for sane people.

'Course there are many other active events globally, too.
AP News links below:
South Korea
France

https://www.sec.gov/Archives/edgar/data/1217286/000119312524269484/d905814d497.htm
JPMorgan U.S. Applied Data Science Value Fund
JPMorgan Mortgage-Backed Securities Fund
JPMorgan International Hedged Equity Fund

Hope not too far removed. There were numerous sellers up and down the sidewalks of Times Square when I visited NYC a few weeks ago with stacks and stacks of unopened Apple products for sale at 50% or more off. I use mostly Apple products and know what the factory packaging looks like. Two hunches - (1) The items were likely stolen off the shelves by organized raids of thieves which have become common in big cities and (2) Signing the device in on my Apple account likely would have been impossible since Apple surely has the ID numbers of any stolen merchandise. I suppose for some who don’t want to sign-in to use the devices or enable the GPS they might have been a good bargain. But turn on the GPS / location feature and there might soon be a knock on the door from your friendly police.
Another possibility is these were “knock-offs” (fakes) …

Personal tax implications of expiring TCJA in 2025.

Mac Minis were easy to sell on eBay because they were easy to package and there were always buyers that were nuts about them dead or alive.
@Old_joe's 2014 editions would have been brand new to me. If they can't run the latest OS from Apple I wonder if they can run linux? Silly me. Of course you can.
iMacs were a pain to sell, so I was always happy to find someone local who was willing to take lots of them off my hands.
iPhones and iPads were usually trashed by the time they made it to us. Those could could be bundled by date and model number and sold in lots on eBay to parts buyers.
I certainly sold used Apple products to many people that were perfectly satisfied. It was just my experience that they developed fiddly hardware problems at a higher rate than other manufacturers. But that was just about 15% all-cause issues to 5%. What was more irritating was that it always seemed to be the case that the newer Apple products were less robust and required new sets of cables to connect anything external.
I like iPhones myself. Android always strikes me as some ugly linux desktop from the late 20th century. I look for sellers that have new phones that have recently gone out of production. Even then they don't last nearly as long as the old original iPhone 2G I had for many years.
@BaluBalu, I think you made the right choice for you. As with investing, there is much to be said for the comfort level of the shopping experience for tech.

"Elon Musk’s attempt at reinstating his massive $56 billion Tesla pay package was rejected by a Delaware judge—the second time she ruled against the Tesla billionaire. On Monday, Chancellor Kathaleen St. Jude McCormick denied a request by Musk’s attorneys and Tesla’s corporate directors to rescind a ruling she made in January blocking Tesla from paying Musk’s hefty check."
https://www.thedailybeast.com/delaware-judge-rejects-elon-musks-massive-56-billion-tesla-pay-package/

BlackRock/BLK is expanding rapidly in private-credit.
H P S Investment Partners was thinking of an IPO, but BLK bought it for $12 billion (price at 8.1% of AUM seems high, but is paid in BLK stock near all-time high).
In 2024, BLK also bought Global Infrastructure Partners ($12.5 billion) & Preqin ($3.5 billion).
When all done, BLK will have $220 billion AUM in private-credit, 19% of total AUM.
https://www.cnbc.com/2024/12/03/blackrock-expanding-in-private-credit-buys-hps-investment-partners-for-12-billion.html

Good news happened today.
I entered an auto purchase a couple of days ago for today (Mon).
Today, I also entered a fund sell order at 1% higher before 10 AM.
I saw both at 10 AM.
Both were bond fund trades. Both were executed after hours.
Then, I unrolled the auto-purchase.
I did the following around 11 ET. New instructions entered prior to 11:59 p.m. EST can be established for the next business day.
Created another auto-purchase for tomorrow. I could enter a sell order until tomorrow before the market closes (usually, 4 PM).
I unrollled the auto-purchase.
What we just learned?
At Schwab, you can create an auto-purchase the previous day. This is fantastic. I can easily and cheaply make a trade the next day and unrolled it.
As you can see, the sell order was just 1% higher.
At Fidelity it's called "Recurring Investment".
* I could only create for Dec the 5, that's 3 days ahead. This is why I hardly ever use it because every day counts when I want to trade.
* Last time I created Recurring Investment, I entred a sell order on the same day. I saw both in the morning, but the Recurring Investment was cancelled after hours.
If you have a Recurring Investment on Dec 5th, you must sell on Dec 4th to have cash on the 5th in order for it to execute.
* This is a common practice at Fidelity. Suppose I sell all the shares of a bond fund and it's about $500K. You can't enter a buy order until the next day. You have to call a rep and then he/she will enter only 90% = $450K on the same date.
At Schwab, I enter, sell all shares around $500K. Then enter a buy for $495K, no need for any rep for that.
More differences.
At Schwab, I can set up auto-purchase for weekly, every other week, twice per month, monthly, every 3 months, every 6 months, annually
At Fidelity, weekly, every 2 weeks, monthly
Fidelity: " If the cash buying power needed for your automatic investment is not available, your scheduled purchase will be skipped. If funds are not available and the purchase is skipped, the associated plan will not be canceled. All orders placed through recurring investments will be executed as cash orders, even if approved for margin trading.
Recurring investment plans that are funding from the core may be edited or deleted before 9 pm EST the business day before investment date. If the plan is being funding from a bank, the plan may be edited or deleted before 9 pm EST two business days before the investment date."
Bottom line: Fidelity is more restrictive, and in my case I must call a rep which is time-consuming. I stopped doing that because several reps told me I couldn't, and then I insisted on bringing a supervisor on the line, and he said I was right. And why only 90%? every Fidelity rep told me it's a SEC rule. When I pressed them, they admitted it's Fidelity's make-up rules.

Well, I do have to note that we have six Mac Minis (late 2014 version) scattered around, and all but one were bought second-hand from a wide variety of internet sellers, and I've never had a bit of trouble with any of them. The latest OS that they can run is Monterey (12.7.4), but they do just about anything that we need. When received from seller I completely wiped everything and cloned a known good OS from another mini.
I still occasionally need to run some ancient programs (those came before "apps", remember?), so on my main setup I have a kvm switch that allows me to use Monterey and El Capitan minis, and even my ancient G5 emulating OS9. Believe it or not they can all see each other on the local ethernet, and transfer those files which are compatible between them.

https://finance.yahoo.com/news/art-cashin-wall-street-veteran-215404992.html
I used to enjoy his snippets from the floor of the Exchange on CNBC. Bob Pisani always was asking him for input. :(

This is an online marketplace to buy refurbished technology products like computers, tablets, smartphones, etc. on the cheap and with some warranty.
Pl share your experience of purchases through this site and how one makes sure what one buys does not come with malware and how to eliminate any malware. Does a resetting to manufacturer settings help eliminate any malware?

Why buy there rather than at eBay? Sellers on ebay will have a longer track record of buyer reviews. Depending on who you buy from, you will also get more detailed descriptions and pictures of the actual item for sale. That doesn't seem to be the case a backmarket.
I recently helped my daughter buy an HP EliteBook 845 G7 for 229$ on ebay. The same model starts at 539$ on backmarket, and there is only one other choice. EBay certified models start at 249.00$ and there are many more choices.
All that being said, I wouldn't worry about malware on refurbished devices from a site like that. The main things to worry about are the accuracy of description of the condition and how well it is packed for shipment.
Nasty scratches, dead pixels, gummy keyboards are a real drag as are shattered screen due to poor packaging.
Don't go shopping on Craig's List.
What are you in the market for?

Seems like a lesson on how to snatch defeat from the jaws of victory.
Spirit of Gordon Moore long spent?
I remember when BAC was thrown off DJI. Did not hurt it.
As for INTC, investors patient enough to wait another 2-3 years for the foundries to take shape? Dig out of $50B debt?
Gelsinger was certainly given rein in 2021, but Intel turned out to be more horse than he could handle, looks like, at this point in his life.
Whoever becomes new CEO will need to be formidable both technically, managerially, even politically. Suspect not a lot of those people exist.
@stayCalm. Not worried INTC is a value trap?
I certainly hope not. Think losing it is akin to losing Boeing. Hopeful they both figure out how to get back to health and leadership.

If one is investing directly with a fund, as one can still do at TRP, it doesn't seem that a brokerage clearing house would be involved. After all, these funds and their associated sales/bookkeeping existed long before fund families branched into brokerages.
"Investment Services, a Maryland corporation formed in 1980 as a wholly owned subsidiary of T. Rowe Price, serves as distributor for all Price Funds on a continuous basis."
Statement of Additional Information
In this sense, TRP is also self-clearing, but only for its funds. Smaller families rely on third party distributors. For example, FPA uses UMB Distribution Services, LLC at least until Friday.
Then UMB Distribution Services will be sold by its current owner to a new owner and renamed Distribution Services. (Not that anyone should care about such minutia.)
https://www.sec.gov/Archives/edgar/data/924727/000110465924123000/tm2429552d1_497.htm

My junk:
From Oct. '21 low to this past Friday: +20.95%. Call it +21%, shall we? TUHYX. Approx. 7 percent per year. I'll take it, in a heartbeat. I'm not reducing my junk, but growing I.G. bonds, these days. I bought into that junk fund precisely at the wrong time, just prior to heavy-handed interest rate increases. I rode it down; now, up. Why pay twice for the same mistake? I note HYG is doing better. I don't like the volatility in ETFs. So I've discovered about myself. If I'm going to endure volatility, I might as well buy single-stocks. I own but two. Pleased with them, in a big way.

AIRR 1st quartile vs. SP 500 LT 1.5%, 10 yr. 3.7%, 5yr. 8.9%, 3 yr. 13.8%, 1yr. 34.2. Also Down Cycle vs SP 500 2021-2022 (9 mos.) 8.7%. Great Owl and my largest holding.

The Schwab rep already told you YOUR QUOTE

Schwab's responses (edited)
1) To utilize funds from SWVXX, you would first need to place a sell order to liquidate the amount needed
for the Automatic Investment Plan (AIP) purchase of additional PRILX shares.
2) AIP participation can be cancelled anytime by unenrolling.
There are no fees or penalties associated with the cancellation.
3) Purchases via the Automatic Investment Plan would incur the transaction fee stated of 8.5% of principal, up to $10, per transaction.

Can't get easier than the above.
Do you need to create 2 periods? no, see above.
Does it matter if I did already? no, see above.
If you have more questions, I will gladly answer.
Wait, can you cancel it anytime? Yes, you can; see above.

Japan Govt debt may be 150% of GDP but what counts is how much of it is owned by the Japanese, especially its own central bank.
I thought the following was interesting:
“OTHER VOICES. Jenny JOHNSON, President & CEO of Franklin Templeton. AI hype will come to an end and a period of pessimism will follow. Such up and down cycles are normal for new technologies. Early and fast adopters may not be the eventual leaders. The profitless AI capex has to be digested. Look for AI beneficiaries in enterprise software, data analytics, customer service, finance, healthcare, collaborative work, picks and shovels (chipmakers, cloud hosts, data centers).”
How did Franklin growth or value funds perform during 2023 and 2024, the current AI boom period. Just checking if her comments were colored by the performance of her funds.
I used to think business leaders are intellectually honest (I know I was naive). The latest one that killed my optimism about that breed is Howard Lutnick. He had his strategists parade for two years telling us how the economy is going to be bad and that the stock market was about to crash / correct. It turned out he was a Trump bum licker and massively politically biased. I feel sorry for all the opportunity cost he caused for investors who listened to him and his minions who of course will benefit either way.