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.
@LewisBraham it appears that they purchase bond funds that are experiencing a liquidity crunch...ie, IOFAX during pandemic sell off...and wait for them to recover.
I think some of the buying frenzy is due to the lengthy time it takes to build a new house...about a year in my town, due to shortages of materials and labor.
If you live in FL, your insurance rate increase is likely due to the homeowners replacing roofs before the Hurricane Irma time frame expired...whether they were legitimately affected or if they just needed to replace an old roof. Unfortunately, ther…
We played golf about two months ago with two men who work at a large furniture store down here...one was the CFO... and they said the cost of shipping has gone up tremendously, mostly due to a shortage of containers.
And before the trial even started:
https://nbc-2.com/news/local/2021/03/22/casey-crowther-admits-to-faking-bank-statements-ppp-fraud-trial-moves-forward/
We went to FEMA mass vaxx site in Tampa yesterday and got J&J. Boyfriend had zero side effects other than sore arm. I have a headache, body aches and fatigue. I have a history of anaphylaxis, so this was a mild and tolerable reaction.
I tried to purchase ITCSX at Saturna, which uses Pershing Fund marketplace AFAIK. Got the following message: "The fund you have selected is not available to be purchased by residents of your state or country. Please contact Saturna for further assis…
Just looked at this fund again on Schwab. On the first page under "fund profile", it says "leveraged fund"....no. I wonder if the outperformance is from buying distressed funds...one of their largest holdings, BDKNX, is still down 30% from the COV…
Now our governor has instituted tougher restrictions, aimed to curtail "vaccine tourism". You must be able to show proof of FL residence (dl or id) or 2 other pieces of proof (utility bill, lease agreement, etc.) that are recent. The fact that this …
Our governor has been driving around the state to announce the partnership with Publix, including my county. Today is the first day for Publix online sign up. For those lucky enough to get through the queue, apparently they can be assigned to a Pub…
@BenWP I opened Schwab accounts for both of my sons while they were in college. I liked that they could withdraw $20 or so out of the ATM with no transaction fee. Never liked the idea of them walking around with lots of cash, just to save money on…
@Mark - Florida doesn't have enough for its own residents...let alone those from other countries. Our governor's reasoning is that if they are down here for the winter, he doesn't want them contracting the virus and spreading it. But his constituenc…
In MN it seems that the supply is unable to keep up with the demand. At least that is the story we are being told. I am considered a disabled vet and seen regularly at VA hospitals and clinics. I am 70+ also. The VA keeps telling me that I will be i…
@Derf I won't be eligible till May, but it's a moot point because my odds of getting through for an appointment are slim to none. My boyfriend will be 68 in February, but he is waiting till the J&J one-dose shot is available because we've heard …
Okay. Good to know that they have a bank now. That was a big minus for me when I had my account there...much too unwieldy and slow to transfer money. Great info...thanks!
I live in Florida. In my county, it is very rare to see anyone out and about who is not wearing a mask. I am in the older demo, however, so I can't speak for the bar scene, etc., but while I'm shopping, running errands, doing community activities, e…
I used to have a trading account there. Personally, I prefer Schwab because my checking account is there, as well. Also, Schwab's customer service is excellent. If I have to pay a slight premium for those two things, so be it.
This article was just published today:
https://www.bloomberg.com/news/articles/2020-12-29/bruce-berkowitz-scores-big-with-decade-long-bet-on-florida-land
I would move there tomorrow if the hurricane threat was minimal. Beautiful part of Florida, b…
I have owned it since the Covid downturn. Although the yield is not as attractive now, I have no intention of selling, but will buy more if we have a dip. My only issue with it is that the bid/ask spread is usually larger than I like. Several years …
