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.
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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
Are you suggesting modern-day senators emulate their 19th century counterparts?
https://www.history.com/news/charles-sumner-caning-cilley-duel-congressional-violence
yes, I was, though perhaps women-only
catfights and tomfights better than frank c…
I have had a Fidelity credit card for decades and as I say I was pretty sure I never requested anything. I am now recalling when it was Amex and how very nice a situation that was. Long ago.
Roger what @Tarwheel posted. Everybody is fast at detect…
I recall my Fidelity Visa card had been 2% from the getgo, but evidently my memory is faulty. Never had to ask for 2%. Have dealt w Elan a lot and no problems, except that the card gets hacked a lot. I have replaced ours maybe 4 times the last year-…
fwiw, you cannot buy QLTY at Merrill (!):
\\ Trading of this security is generally not permitted on the Merrill platform as it carries unique risks, as further described in the prospectus. Merrill maintains a Block List for certain Exchanged Traded…
For many years now we have used Costco's American Family Connect for all three types of coverage, umbrella through some subsidiary. While I often feel I should shop around and compare premiums in detail, I've been very happy with their cost, their s…
MINT sure has done nicely the last year (~6.5%) and ytd. For simplicity, speaking of which, if with slightly lower returns, I use only FZDXX at Fido and FIGXX at ML, the latter of which outperforms there for some reason (with highish ER, no less), ~…
Mark, rtop
YBB, I have not checked other JPM etfs, but that's a good idea. I am just so flabbergasted at this from ML that (as so often happens) I look (again) for costless ways to leave them and move more to Fido. (Costless meaning giving up bene…
Yes, that's true- I'm just saying that if JPM can save 10¢ they will, so expect it.
OJ, come on, Jamie D has explained how tfg did so much ‘sort of right’
@Old_Joe:
>>Idle cash at Fido is swept into a fund which earns about 5% right now.
Yeah, my accounts:
FIDELITY GOVERNMENT CASH RESERVES (FDRXX) is currently 4.96% while FIDELITY GOVERNMENT MONEY MARKET (SPAXX) is currently 4.97%
@msf:
>…
When I sell a holding or transfer money into Fido brokerage or retirement account, it goes into a 5% money market fund automatically; perhaps this was something I set up manually
glad to hear that
here is another cool Krug against-the-grain piece, just for kicks, and the hotdog-buns link at the bottom leds to still another (subtle args!)
https://www.nytimes.com/2024/02/06/opinion/trump-immigration-lump-of-labor.html
Total nut is grown 0.3%.
FMSDX up a half percent, while all else --- BSV, CCOR (what a goddamn dog), BND, VGIT, STIP --- is barely flat or down over a percent, ffs.
JQUA, which I do not have nearly enough of, up 4.7%.
SP500 up 4%, of course.
Yeah, this is pretty much how I approach it as well although now that cash earns 5% I’m more comfortable having quite a bit in MM funds and especially since Merrill lets you into Fidelity funds that are otherwise high minimum.
But I’ve never been a…
then and now, supply chains, shipping, job churn, lags, and core harmonization:
https://www.nytimes.com/2024/01/16/opinion/red-sea-houthis-shipping-inflation.html
>> Merely showing that ... a typical balanced fund outperformed the market is not sufficient to show that the bond sleeve helped.
Could you elaborate on this a bit? Not seeing how it could not; sorry. Or is it that specific stockpicking did …
FPURX from Jan '73 to summer '82, Ray Gun era, way more than doubles. Granted the end period was a time of 15% inflation
\\\ Inflation in 1974 (the era of Watergate and Whip Inflation Now) was about the same as inflation in 1980 - a shade over 12%.…
I am confused about Hulbert's '70s-'80s assertion, even though (perhaps because) I lived through it, from lowly Catholic-schoolteacher to tech writer w new family in thriving CE.
FPURX from Jan '73 to summer '82, Ray Gun era, way more than doubles…
\\\ Other times stocks will lag bonds, for decades.
>> When was that, and why was it? The 'decades' part.
Answered my own question, sort of, if not exactly the 'decades' quantity.
I knew that for the period Jan 2000 - Jan 2010 SP500 was fla…
So ... the bottom line is that there is no broad advice which can be taken as generally helpful for all time? Uh, okay.
>> Other times stocks will lag bonds, for decades.
When was that, and why was it? The 'decades' part.
I've been studyi…
