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.
As a retired and conservative investor, and as long as the Fed keeps raising interest rates, I am staying in risk-free MM's and CD's. In the future, I might be looking at bond OEF's like CBLDX, RCTIX and TSIIX, for example.
But, in the meantime, I …
As a retired and conservative investor, and as long as the Fed keeps raising interest rates, I am staying in risk-free MM's and CD's. In the future, I might be looking at bond OEF's like CBLDX, RCTIX and TSIIX, for example.
But, in the meantime, I …
Who is , by a wide margin, the leader of the GOP? And what unites his followers?
I am repeating myself, but what is the Democratic Party offering its former supporters to entice them to return its fold, to have a reason to turn away from "the le…
@dt. Both sides are not fine. One party is so far from decency and democratic norms that ALL patriots need to make sure they lose every election until they return to something resembling what this country stands for. No dt. We don’t need more “bo…
Apparently, Trump is being consulted on the debt talks.
Speaker McCarthy said on Thursday that he spoke with Trump about the debt ceiling negotiations as time runs out for an agreement to avoid a government default.
After all, who knows more abou…
@David. +1. Since we know the current make up of the GOP doesn’t really care about the deficit,,, anyone care to discuss what the true motivation might be for holding the world economy hostage?
Since a significant part of the GOP, including Mc…
dtconroe said:
Hi Fred, I am not sure what kind of portfolio you have. I have both a traditional taxable account, along with an IRA account. I am keeping my Brokerage IRA portion in MMs and CDs, but I am transferring "part" of my traditional brok…
@fred495...question if you are comfortable answering...how much of a change meaning your 100% Treasury MMKT and FDIC CD portfolio from your past portfolio...were you very heavy in those investments prior and if so what % of your portfolio?
FWIW...I…
At this time, and for lack of any better alternatives that meet my comfort level, I am keeping 100% of my portfolio in a Treasury Only MM fund and in FDIC insured CDs issued by the largest national banks until the proverbial dust settles.
Good luc…
I know this is water under the bridge, but I am curious if anybody knows why Biden, Schumer and Pelosi didn't get together at the end of last year and raise the debt ceiling when they still controlled the House?
Especially, in early November, afte…
I would like to take advantage of MFO's "terrific resources" and ask the following question with respect to the FDIC insurance limit:
A poster on BigBang recently informed me that at his brokerage firm "I can hold $250,000 for one bank CD in my tax…
Thanks for the very helpful information, guys.
I raised my question on several other investment sites, but got the most useful replies from all of you terrific MFO posters. Much appreciated, and special thanks to msf for his concise answer.
Fred
I purchased a CD at JP Morgan Chase through Fidelity several months ago. I also have a CD at First Republic. If, as has been reported, the FDIC were to "persuade" Chase to take over First Republic, the combined value of my two CDs at Chase would now…
Banks, including JPMorgan Chase & Co (JPM.NaE) and PNC Financial Services Group Inc (PNC.NaE), are vying to buy First Republic Bank (FRC.NaE) in a deal following a government seizure of the lender, Wall Street Journal reported on Friday.
Banks, including JPMorgan Chase & Co (JPM.NaE) and PNC Financial Services Group Inc (PNC.NaE), are vying to buy First Republic Bank (FRC.NaE) in a deal following a government seizure of the lender, Wall Street Journal reported on Friday.
Have a FDIC insured CD at First Republic. Anything to worry about if the bank goes belly up, other than perhaps a delay in redeeming my funds at the maturity date until the FDIC finds a buyer for the bank?
Fred
As a retired and conservative investor, I currently have investments only in short term FDIC insured CDs by large national US banks and in Treasury only MM funds. As the CDs mature over the next several months, I will put the proceeds also into Tre…
Thank you, hank, for your informative and non-political comments.
But, please notice that I didn't recommend or support any action in my OP. On the contrary, I simply asked a question.
Here is my question again: "Would, for example, FDIC insured…
As a new member of the forum, I am disappointed to see the angry politics inserted into this thread by some, (not all).
Fully agree with you, hondo.
As the OP, I specifically asked: " Would, for example, FDIC insured CDs be a place to hide out …
I don't understand why the Democrats didn't lift the debt ceiling last month when they still controlled all three branches of government? It takes a simple majority in both House and Senate and the signature of the President to do so.
They could h…
FYI, here are some excerpts from an article in today's NYT: How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
"Strategists across Wall Street have sent out a raft of research assessing when the United States will exhaust it…
Thanks, stayCalm and sma3, well said and very informative comments.
Treasury only money market funds seem to be one of the best options if this hopefully unlikely event occurs.
Much appreciated.
Fred
I don't have a plan as yet, but, as has been pointed out, "The coming default will affect all markets".
I am still looking for options that minimize the damage to my portfolio in case of a US government default.
After reading all the responses to…
Just bought 1-year CDs at 3.15%. Expect interest rates to go up and may purchase additional CDs in the future.
As a retiree, I am currently in a capital preservation mode until I get a better sense of how far the Fed will go, and how the market rea…
With extremely low unemployment and still many unfilled jobs looking for applicants, it seems that inflation may remain at a fairly high level for longer than many expect. Hence, the Fed may have to be quite aggressive in its tightening process over…
In an interview with the WSJ, the Fed's James Bullard said that at next month's Federal Open Market Committee meeting he would lean towards voting for a 75 basis point rate hike. "He isn't ready to say that inflation has peaked and it remains import…
Also, Mav123, please explain the appeal of RPHIX? The fund's total return % for 1 and 3 years is 1.70 and 1.78, respectively. Over the past 5 years its 2.21%.
On the other hand, you currently can get a 1-year FDIC insured CD at Fidelity or Vanguard…
Bought a 1-year Wells Fargo Bank CD yesterday from Fidelity at 3.05%. Today, no longer available. Only remaining 1-year CD is from another bank at 2.90%.
Looks like they are selling like hot cakes.
Good luck,
Fred
SVOL of interest to anyone?
A new fund without much of a track record, SVOL has lost 12% YTD, and 5% over the past year.
Why would anyone be interested? What am I missing?
Fred
Sorry, but PQTIX lost 1.70% today.
But, PGAGX - PGIM Wadhwani Systematic Absolute Return Fund gained 0.66%! PGAGX, a fairly new fund, is currently on my watch list. Looking for lower volatility funds in this category. So far, so good.
According to…
@fred495, yes hear you loud and clear...still a bit unease with the PQTIX etc...so many derivatives, futures, swap agreements, forward currency contracts....glass box? Black box?
Sheeet hits the fan, does it all go "Poof" or are you bigly wealthier…
I was a long-time holder of JHQAX but sold it a couple of months ago due to its rather disappointing performance this year. I replaced the fund with PIMCO's Managed Futures fund PQTIX/PQTAX which has been performing quite well in the current market …
CDC, a large value ETF, is one of my favorites:
YTD=5.01%....3Year=20.36%...5Year=14.65%
SD=15.44...Sharpe=1.26...Sortino=2.33
ER=0.36%
SEC Yield=2.91%
Good luck,
Fred
Per Fido - FMSDX:
Portfolio Data Portfolio Data Additional Information
30-Day Yield 4
2.62%
3/31/2022
Duration
4.20 Years
3/31/2022
Distribution Yield (Daily)
1.41%
4/7/2022
Thanks, stillers, I should have checked Fidelity first instead of…
