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.
"..through the electronic channels..." Yes. A phrase which COMMUNICATES nothing.
Well, to this tail-end boomer, that easily reads as through their website, app or automated telephone service (which I can’t believe is still a thing). Basically, if y…
baron list is bogus! out of fifty top brokerage houses, no listing at all for the very best: charles schwab!
do you know how you become best doc in NJ. you buy the plaque each year. failure to purchase and you are delisted next year.
us news and wo…
Along those lines, another thing to keep in mind is that some brokers offer a higher level of service based on the total assets you have with them. Fido’s Premium Service kicks in when your household has over $250K in its accounts. Schwab used to, b…
Fido Cash Management - no minimum for any account
Also, no minimum to open a Fido brokerage account: https://www.fidelity.com/why-fidelity/pricing-fees
Fidelity Account Opening/Transfer
No minimums at Schwab either: https://www.schwab.com/pricing…
@hank
PRIHX is available NTF at both Fido and Schwab so you could easily transfer your holdings.
Some funds do have short-term redemption fees but they’re clearly laid out.
It’s been a while since I opened a new account but I think you can do it …
If you’re happy with your TRP funds but not happy with their service, are you planning on transferring your TRP funds in-kind to a new house? Both Schwab and Fido offer most TRP funds NTF (Based on my limited data, Schwab seems to have the edge in n…
No shortages or price issues at our local supermarket for chicken thighs, legs, or breasts - they’ve got plenty at the typical sale prices. Haven’t paid much attention to wings since they tend to fly under our radar.
We just refinanced our mortgage and had to get an updated replacement estimate from our insurance company. Compared to the estimate we got about 4 1/2 years ago, replacement costs went up about 40% which meant that even though we reduced our mortgag…
Looks like they pilched the entire ROFIX team to run the fund:
https://www.morningstar.com/articles/1034432/strong-performing-value-funds-management-team-resigns
https://www.feim.com/our-firm/about-us/news/first-eagle-investment-management-establis…
I agreed to be a beta tester, but all I see is an upgraded home page with the same information ( without the portraits of the band of renowns, thank goodness, who needs to see Benz face day after day after day?)
But the portfolio manger is the sam…
M* is beta testing a new Portfolio Manager. It lets you automagically sync your investment accounts and provides a real-time Instant X-Ray for all your account holdings. At least in beta, it doesn’t require a premium membership.
If you haven’t already, you might want to check with your local, regional, or state nonprofit association. They can be a good resource of both information and networking - if they don’t have an answer they might know a nonprofit that had a similar e…
Mr. Solomon likely thinks he’s earned his lunch - it’s the old “if I had to do it back in the day, then you have to do it now” attitude.
What’s really ironic is that research and data-driven companies like investment banks don’t even think about l…
@catch22
Based on my experience as a certified VITA tax preparer, I wouldn’t recommend waiting to file their returns - this will just delay the receipt of their stimulus money. (If they haven’t gotten the first or second payment it’s likely not com…
What I have been doing is phasing strongly into PMEFX, Penn Mutual AM 1847 Income Fund, run in part by a couple of fund managers who used to run BERIX (Berwyn Income Fund)
Baseball Fan
I’m watching PMEFX but looking to put in a decent chunk becau…
Barron’s Article: https://www.barrons.com/articles/arks-cathie-wood-disrupted-investment-management-shes-not-done-yet-51614992508 (may be paywalled - I accessed it through Apple News without a sub)
One cautionary tidbit: her mentor at USC was Arth…
When I'm logged into my Fidelity account, there is a link to TurboTax and Fidelity pays the fees.
David
The only thing I see on both our Fido accounts (we have Premium Services) is the usual “up to $20 off” offer. Even with the discount, it’s still …
Thanks for letting us know PMEFX is now available at Schwab. I’ve been keeping an eye on this fund since I saw the former BERIX team was running it - was happy with its performance and also liked its exposure to small caps.
It’s not just Block, TurboTax has always constantly updated its software throughout the tax season. Sometimes, it’s for IRS updates due to last minute tax law changes and other times for bug fixes.
Before they were all the rage, Mrs. Ruffles's employer, which was owned by private equity, merged with a SPAC a few years ago to go public. It has done well based on the share price. Unfortunately, its sponsor started a few more SPAC’s whose mergers…
@MikeW Thanks for the heads up. It looks intriguing. I found a brief article on Kiplinger’s from December 2020 about DSCPX:
Davenport Small Cap Focus (DSCPX) Clobbers the Broader Market
It shows it fell right between the two Paradigm funds perfor…
@gk3105gklm. Thanks much for sharing this. Will take a look. Paradigm Select comes up also on my screen
Coincidentally, I was just coming on to see what people’s thoughts were on PFSLX. It’s a long-term Great Owl, good Martin/Sortino ratios, MFO ra…
There is one option available to some to get into PRWCX: rollover part or all of a 401k to TRP and they’ll let you invest your rollover in their closed funds. You’ll then have an IRA invested in PRWCX.
You can transfer assets to/from an existing IR…
Just wondering if there’s an option to upload documents to TRP’S website so you don’t have to rely on the mail being sorted? I’ve used this option at Schwab in the past and am in the process of doing the same to transfer a 401k out of the nightmare …
Yes, compare HGGIX and DODFX, eh?
I'll be putting a small slug of intermediate-term money into HGGIX this month. I know we are at all-time highs. What else can be said, but "that's a nice problem to have." And "don't fight the Fed."
Not to defend…
With regard to PMEFX , I'd like to see how it handles a 20%+ bear market before investing .
If it’s any indication, during the 2008 bear market, the fund they formerly managed, BERIX, had a MaxDD of 13% and a return of -12.0% with a recovery time o…
If you’re looking for something along the lines of the old Berwyn Income Fund, you might want to look at PMEFX, a new fund run by its former managers that has a very similar strategy. More info here: https://www.pennmutualam.com/strategies/balanced-…
"Clearly DODFX is positioned for a rising rate environment."
I'm not so sure about that. Over the past few years, it had been positioned as a short term fund (see M* historical style boxes here), but in 2020 it extended its duration into intermed…
CTFAX looks good. Important to note new management since 5/2018. Performance since 5/2018 has been stellar. I am seeing an increase in 30/50 fund of funds in the last 5 years. 49% equity allocation.
New management has done well but earlier this year…
"Barbell investing” gives me flashbacks of the late (but not lamented) IPS Millennium Fund which used to use that phrase and an accompanying barbell graphic to describe its investment strategy.
Golub1- I'm at Fidelity as well & you can purchase VWINX at for $5 per transaction vs $75 by setting up automatic investments (dollar cost average). You can set up when you want to start and end the auto purchases. You can also stop them at any …
Goose eggs. They don't like me either.
Wasn't the market closed for Columbus Day? But usually they show the activity of the last day of trading.
No, markets were open yesterday - shouldn’t be the issue.
The above report is from 2015. What happened to Median household income in the United States from 1990 to 2019? It went up very nicely from 2015 to 2019 under you know what president
Correlation is not causation.
If I were making such an investment today I would choose MSFBX.
Too rich for Mrs. Ruffles’s blood - suffered a 40% drawdown in 2008-09
Not according to Yahoo, MSFBX has been steady from the data I have seen.
https://finance.yahoo.com/quote/MSFBX…
