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.
One downside to JEPI - "JEPI may be tax-inefficient, as distributions from the fund may be taxed as income, and dividends from underlying stock holdings are not considered qualified because of the offsetting options positions."
I thought this was a…
@sma3 - you forgot to mention ""In 2022, Blackstone delivered record distributable earnings, $226 billion in inflows, and realized a number of the most profitable fund investments in our history," a Blackstone spokesperson said in an emailed stateme…
@hank - 99% Apple mostly. reserving the 1% to be a danger on PC's only if I have too. Thankfully I have a 12-yr old grandson to get me out of trouble when necessary.
I don't use the wallet app whatsoever despite Apple's incessant nagging to get me…
Can anyone please explain what does reorganizing a mutual fund into a mutual fund trust accomplish? Layman's terms please if you can. Also, is this move good for the shareholders? TIA
I was thinking along the same lines @Old_Joe. There are so-so many others who deserve a spot on the list as well but I don't have a full list of witnesses questioned by the grand jury.
I took a small position in AVGE for a few reasons. One, I hold no other foreign equities other than what might be buried somewhere in some other mutual fund I hold. I haven't ever felt that I needed any nor did I feel they added anything to my total…
If easy is what you're after you could always go with the Mrs. Warren Buffett portfolio - Mr. Buffett indicated that upon his passing, the trustee of his estate will invest 90% of his wife's inheritance in a low-cost index fund and 10% in short-term…
As an add on to trickling into FXAIX I also do the same with SCHD and CDC. Over the long term they do slightly better than FXAIX but not enough to bet the farm on. Also CDC does not have that long a history and may look less appealing in a long bull…
Morningstar Ratings 101: What You Need to Know
"A 5-star risk rating indicates that a fund has been among the market's top performers in terms of risk-adjusted return over the past three, five, or ten-year period."
@sma3 - Did you leave out the word "less" in your statement "The VA spent 54% than Medicare part D because they can negotiate"?
Maybe true but they are still sticking this vet with a much less effective medication to feed their bottom line. I speak…
At Fidelity I also use SPAXX as a core/settlement fund in my regular (taxable) account and FDRXX in my Roth. In addition I also hold FZDXX in my Roth and just transfer funds as the want or need arises.
From where most people sit financially in this world I'm betting that it's going to be hard scratching up any sympathy for Mr. Solomon and he'll manage to get by on just his base salary alone. However the paycheck cut does suggest that this economic…
From Barron's:
By Alex Eule Friday, January 27
"The January Effect. Stocks closed out another strong week, with the Nasdaq Composite, in particular, benefiting from the 2023 rebound. The tech-heavy index rose another 1% today, pushing its weekly g…
