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.
@sma3
Doesn't take very long to burn through the $'s for a Master's, eh?
I believe I found the correct data that indicates at Michigan State, in state resident; the tuition ranges for $1,850 - $1,000 per credit hour. Fully outrageous.
30-60 credi…
@Graust To add to YBB's comment; this is from Lord Abbett Investment Company site:
529 plan to Roth IRA rollover – Effective in 2024, SECURE 2.0 authorizes 529 plan funds to be directly transferred to a Roth IRA tax and penalty free. Importantly, s…
'Herding Cats'. In my mind, I envision perhaps 12 pieces of data that is the most important for the FED; but is also difficult to pin down for a given time frame and the FED 'watch'; to guide the economy. So, at times; the task is likely to resemble…
@yogibearbull
Powell started the presser hawkish but ended as dovish
My impression, too. This points to the equity/bond market 'pop' at about 2:30pm, being the reaction to his answers to the questions.
Thanks @msf. I recently viewed a 5498 (Fido), received by a friend, who will be 72 in 2023. The RMD box, for 2023, was not checked. I looked at the reverse of the form, too. Line 11 instructions indicates the 50% tax penalty if the RMD is not taken.…
Thank you @yogibearbull
So, if one perhaps is doing the Treasury (bill, note) thing or CD's at the brokerages; an assumption would be decent yields if 1 year of less, yes? On the other hand, with the longer duration; one should be having benefit of …
Well, Yogi and I are playing with charts at the same time. As Yogi noted, both late 2021 and early 2022 found high points.
Note: the below chart is NAV prices WITH distributions included. SPY had a distribution on Dec. 17, 2021.
SPY chart, all o…
Hi @davidrmoran
What do the smart kids here, if at Fido, do with their MM holding? I am in FDRXX, which is just under 4% (hope I am reading this right), and see options of SPAXX and some bank sweep. Thoughts?
No suggestion of 'smart', but some info.…
Too hot, too cold; or ??? GDP relatively strong, employment numbers, inflation data at the input and consumer levels, and any other gauges watched by the FED and the 'pundits' bring different perspectives and suggestions of where to invest or what t…
Although a graphic below the video image notes 1/20/2023; this is the Friday program this week, as I watched in 'real time'. @Crash, you may search BNN and the words 'Real Yield'.
”An investment in knowledge pays the best interest”. But, if you rarely trade or make adjustments than such news is probably of limited value
I suggest that if one doesn't want to pay attention during the 'in between' periods of rarely trading or ma…
Recalling from the peak Covid period of time; which affects my dating of some events. We had an individual assigned to our accounts; if we needed/wanted to have a direct contact at a Fido business office within our region. He did call 2 times to int…
Per Troweprice website:
Choose an account type
--- Open a taxable Brokerage account OR
--- Traditional, Roth or Rollover Brokerage IRA in minutes.
Don't know if this is the same as Fidelity, where an IRA may have brokerage within the account and…
'almost all of the firms in our survey have increased their expectations for stock and bond returns for the next decade'
I have to discover which shop they're using for Magic 8 Ball repairs and tune-up. Mine will only forecast a day or two ahead !!…
@Crash
SCHP portfolio tab at M*
Scroll down to the 'holdings' area for turnover, which is reported at 19%. This is within the normal range for similar funds with less than 50 holdings, with varying maturies.
@hank
This is a one year chart of the 10 year UST. You may hover the cursor on the graph line to see the yield displayed for a date(s) area. You may also change the 250 day range at the bottom right of the chart with a 'right click' onto the 250 da…
Stuck In The Middle With You, Stealers Wheel, 1972, a partial lyric for Congress.
'Clowns to the left of me
Jokers to the right
Here I am stuck in the middle with you'
While it would be highly likely that a debt ceiling impasse would affect bonds…
If I may, a Friday Flashback.
There is a town in north Ontario , the 'Helpless' song lyric
@Crash et al
From my wayback machine.....spring 1974. My father and 3 uncles had an annual fishing trip to WaWa, Ontario (due north of Sault Ste Marie on …
Being from 'the' era.
Of the many 1,000's of songs that still embed my cranial cells; at the top of a small rotating top ten. The harmony is, well.............if only I could.
Nash/Crosby London, 1970
Dont' Worry, Be Happy; as the song lyric goes.....at least so far for this young year in BondLand.
So many here provide timely information regarding a forms of investing, that it is, at times; difficult to find something else. Thank you. Less work …
Hi @Old_Joe
That is for absolutely certain. And it's also certain that politicians and political parties will use and abuse this situation until we no longer have any idea what is a fact and what is not.
Perhaps, too often now; we're mislead about f…
@Level5 Yes for taxes with MMKT. Treasury items not taxed at a local level may also apply, if a municipality/city requires tax filing. Our FZDXX (4.27%) is within IRA and taxable accounts. But, taxes are important to 'total return'. We're/I'm too …
@hank
I changed the ticker, as I did a typo. Should be FZDXX. $10,000 in IRA. The $100,000 is taxable account. One has to do an actual purchase for FZDXX, not unlike buying a mutual fund. So, you could use another MMKT/core account (example: SPAXX o…
@Level5
but our VG money market funds seem just as competitive at the moment (am I missing something here?).
Your VG MMKT are in line with Fidelity MMKT's. SPAXX (3.9%)and FDRXX (3.93%) are standard MMKT core accounts with yield about 3.88%. While a…
@hank @carew388
Fido's FREL etf is a decent RE holding. And it meets your easy in, easy out criteria.
ASRAX v XLRE v FREL chart, limited back date due to fund inception date.
@hank
Can one imagine this type of statement when an advisor is attempting to explain, to the client, the 2022 markets??? One can assume many difficult conversations between the client and the advisor in the past few months.
@hank et al
Correction, the JD A model is two cylinder. There was a single cylinder motor (moveable) for other uses at the farm.
Hank, the IDLE sound you recall (145-190 rpms, typical).
Now, I won't further pervert this decent thread.
@Derf
Had time haying for 2 summers. Usually 2 hay cuts and 1 for straw after the wheat cut. The friends uncle had an old John Deere, single cylinder (putt, putt, putt) tractor, a small baler and a wooden platformed flat farm trailer for stacking. H…
Saturday afternoon, post S.O.T.H. election:
Kevin McCarthy says Republicans 'learned how to govern' and will 'be more effective' after the party's infighting to select a speaker
DAMN !!! As good as it gets?????
Hi @WABAC
I enjoyed your open thinking pondering about re-balancing.
I flash back to very early days and a type of re-balancing that likely carried over to be a new, young investor. Although being 'older' and with much more experience doesn't neces…
