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?? i would not be surprised if giroux realized >10-bagger in GE !
even then he admitted it was a more a chance on culp than his usual hard numbers GARP process.
regardless, no GE investor used leverage to outpace culp's personal return, and pro…
I have wondered about Mr Giroux's decision to sell PRWCX's stake in GE. I would like to know his reasoning for selling the three stocks that were part of the GE spin off that he always felt was a great undervalued discovery.
Seems he did not let th…
@Mona,
I agree. Vanguard to Pay More than $100M to taxable account holders of their Target Date Funds:
The Vanguard Group, Inc. will pay $106.41 million to settle charges for misleading statements related to capital gains distributions and tax conse…
@msf, Once again you are "Price-less"! Thanks.
M* Tax Efficiency Methodology:
The Morningstar Tax Cost Ratio measures how much a fund's annualized return is reduced by the taxes investors pay on distributions.
Tax Cost Ratio Methodology
Potential…
This topic (AI Robotics) is near and dear to my heart. As a Industrial Art teacher turned Technology Education teacher turned STEM teacher I connected my HS kid's with the Engineers that worked next to our school. Kids, teachers and engineers came t…
@yogibearbull,
Good point. USBLX is also a Balance fund using munis on the bond side.
I believe these other tax managed funds mentioned are all equity funds.
Thanks everyone. I appreciate all the responses.
I recall USBLX using a similar tax managed strategy as VTMFX by investing in munis bonds. @msf or @observant1, do you know if the small cap funds, VTMSX or FSMD, are managed similarly?
I would like…
Thanks @equalizer.
Many of your points hit home with me. I recall getting "pay raises" (wage inflation), yet my take home pay was less due to workplace cost share deductions that increased more than my pay raise (insurance, union dues, retiree ins…
@Cluade, Welcome to MFO.
@Old_Joe thanks for that introduction to Claude.
Here's Claude using Microsoft Excel to help you find savings by analyzing your budget:
https://youtube.com/watch?v=YAv0Efy3TGs
We also are experiencing a cluster of Hindenburgs:
the Hindenburg Omen signal is that during a normal uptrend, there should be more stocks making New Highs than making New Lows. That is the normal condition. If you get a condition where the uptren…
It will be interesting to see how we as humans evolve through these changes inside and outside the workplace.
Optimistically:
Whether AI brings prosperity along with disruption—or only disruption—depends on choices made now by employers and educat…
PM companies hire Retired US generals to navigate the minds of Washington to support their mines... and elsewhere.
From comment section:
Afghanistan.
A world class mining site is basically defined as a deposit of rare-Earth mineral found in abundan…
Thanks @lynnbolin2021,
I noticed that there is a link to sign up for a daily newsletter:
Sign up to receive the Daily Dashboard and the latest from S&P Dow Jones Indices
But then I've never been able to figure out the difference between an allocation strategy and a bucket strategy.
One can get almost 4% return from parked cash these days. No great, but not necessarily a drag on overall returns. If a retiree were to…
@Observant1, I typically have WSJ, Bloomberg and NY Times articles blocked by their subscription blocks, but for some reason this article opened for me. Probably a freebie that may not be linking free for others.
Glad you found a work around.
@hank:
I always thought of the following advice as a great way to think about saving in the short term (do as much as you can to save your pennies) and investing over the long term (if you leave the invested pennies alone they become dollars):
"Wat…
@hank, @rono:
You inspired me to rummage through a few junk drawers today.
I rolled $57 in coins...hope the bank still takes them!
I separated out my pre-1982 pennies... heard they have doubled in value just seating there...hope to net 50 cents and…
@msf said,
Banks are going to get their pound and a half of flesh one way or another. When squeezed in one area they often resort to making free accounts harder to get, or eliminating them completely, thus harming lower income people, possibly deba…
I always pay off my credit card balance in full each month.
I try to use cash or my debit card to avoid the 3% credit card transaction fee that now seems ubiquitous in many restaurants and retailers today.
Putting a cap on Credit Card Rates...W…
Found this also interesting:
Eversource Energy sold its 50% ownership stake in the Revolution Wind project (and South Fork Wind) to Global Infrastructure Partners (GIP) in late 2024, exiting the offshore wind business after facing rising costs, with…
Thanks @Observant1,
Reminds me of funds I am still patient with:
VHCOX
VWIAX
PRWCX
PRHSX
FSMEX
VHT (VGHCX)
Reminds me of funds I lost my patients with:
PRNHX
FAIRX
FMIJX
Thought this article, from Fidelity, would be appropriate for this thread.
bear-market-discipline
Their Retirement Plan:
After talking it over with their advisor, Jordan and Shawna decided to invest $1 million in a diversified, professionally mana…
@Old_Joe
I found this... might this be the case with your "take home" reduction:
Medicare's Income-Related Monthly Adjustment Amount (IRMAA) doesn't directly reduce your Social Security benefit amount, but the extra cost for higher Medicare premium…
UMich Consumer Confidence is Low, Which is Bullish
Part of the reason why low consumer sentiment are bullish is that such readings usually arise from a condition of seeing a bad economy, which the Federal Reserve then steps in to do something about.…
Thanks for the video @Crash.
I found Vanguard's CEO stance on crypto a little misleading, in that; many stock companies that vanguard hold in their mutual funds invest in crypto assets.
The article linked points to at least 133 publicly traded co…
Thanks to all for the follow ups and links.
I am trying to glean additional information from my TRP Summit customer service representative, but it has been unproductive so far.
Thanks @Mark, @hank, and especially @Observant1... True to your handle.
I will keep this fund on short lease as it appears the new manager is making many decisions he will have to own.
I can't be the first to ask about its recent under performance…
