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rforno

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rforno
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  • You could do it via forex or futures, too. There are e-mini currency contracts, and perhaps even e-micros on them now, too.
  • Interesting they don't mention the nearly 12% in Blackstone's "black box" position that's part of RPGAX. I certainly would consider that a PE position. https://www.troweprice.com/literature/public/country/us/language/en/literature-type/quarterly-fa…
  • Does anyone use short-term Treasuries as cash substitute vs a cash-like ETF? IE, throw large figures into a T-bill paying 4% and then just sell off what you need from it to fund other asset purchases as needed?
  • Yup, Schwab has a bunch of stuff to finish the integration with TDA. I'm *still* waiting for ThinkDesktop to be migrated so I don't need to use that for streaming quotes/active charting and then switch into the website to place orders/trade. Hope …
  • The Fed blackout period doesn't preclude one of the open mouths at the Fed (typically, not a current FOMC voting member) talking to WSJ's Nick Timiraos. As NT wrote book/profiles on some Fed people, I can now see why this strange wink-wink relations…
  • He has a weekly interview series on Bloomberg Weds at 9PM. I like the discussions but hate that they feel the need to interrupt Asian market coverage mid-week to run an hour of other programming, of which this is one of them. Is not that the David…
  • He has a weekly interview series on Bloomberg Weds at 9PM. I like the discussions but hate that they feel the need to interrupt Asian market coverage mid-week to run an hour of other programming, of which this is one of them.
  • Nobody knows nothin' :) 70%-ish of my holdings are in quality SWAN stuff that I rarely touch, with the remaining cash still being deployed opportunistically to buy/add to stuff on big down days when things are going on-sale. Which btw is a grea…
  • Need more AUM, stat. End of year bonuses are coming up!! Wow, when I was in the fund I treated it like a tech fund .... buying the QQQ would've been a better (and cheaper) deal this year!
  • I agree with respect to "Media outlets on both sides", but it seems to me that PBS tends to play things pretty fairly. I'm guessing that others may not agree regarding PBS. StayCalm is 100% right. And yes, i think PBS does the best job of the Ameri…
  • FWIW saying the public photos Bloomie showed of him last night as they reported the story were not the greatest look, perhaps done intentionally --- NK smiling, laughing, and otherwise looking gleeful.
  • Well, I do. All my relatives (separate family units) have offices in their homes. So .. technically true. :)
  • Giroux has been more right more often than not. But of course, we all should monitor how 'our' portfolio managers spend our money and adjust as necessary!
  • As I said on Armchair, I wish more PMs were as self-aware and willing to bluntly own up to positions that didn't go according to plan as Giroux. It was a brutal and honest admission about GE ... and I respect him even more for saying what he did.
  • Reading these comments remind me why I was smart to take the 403(b) option with my state university back in 2010. If I'm going to make/lose money or take on risk, *I* want to be the one responsible, not some politically-tied/appointed 'board' of 'e…
  • Thanks .... they're doing the same thing as others, then.
  • Not looked in a while but I've seen a lot of folks talking about their debt levels, which may or may not be a concern.
  • @Crash, @Mark, @rforno, @PRESSmUP What percentage of your portfolio do you allocate to these companies? Also, is it beneficial to hold them in retirement accounts, IRAs, if they have special tax consequences if held in a normal account? Thank you …
  • Put on a 750s starter position in MMP the other day. It compliments my large EPD position so I'm covering both nat gas and gasoline pipeline distribution.
  • Basic data, but nicely presented and a decent alternative to yahoo or google for basic stuff. I like how it's just data, not gltized-up 'content' targeting the mobile generation. roic.ai is another such site. I find it rather easy to read ... and…
  • @rforno, but you're right and so is @LewisBraham. Will the sub-advisor exclude "all" companies that make public statements about a then-current political hot button item unrelated to their business or just the ones they disagree with? We're goners.…
  • IMO it's another grift and the latest political-oriented ETF to be created in the past few years. To my knowledge they sound nice to some, but I don't think they have much traction or volume. We saw the same thing in crypto-land recently with the …
  • Several of my American Funds have done (big) summertime CG distributions, too.
  • I wish my 403(b) contributed over the summer, but it doesn't. But in my taxable accounts I've definitely been buying and/or looking to buy. Edit: Though I got a healthy dividend and fat LTCG payment at a great time last month, so that's nice. :)
  • And the so-called 'analyst' ratings (er, "wallflower opinions") are shifting ... UBS downgrades TRP to sell "on the basis of a weak flow outlook driven by a slump in fund performance."
  • M* still matters?
  • One handy thing the M* page showed was the price of the fund's individual holdings, which could give you an idea of where things might be at the close of trading in terms of planning buy/sell decisions. You can do the same thing at Yahoo Finance fo…
  • Well, now that it's already down about 70% from its ATH, this is a decent indicator the bottom may be in for Bitcoin, at least for a while...lol ProShares to Launch the First U.S. Short Bitcoin-Linked ETF on June 21 https://www.businesswire.com/new…
  • Personal Capital is a good (free) choice, which I use for periodic snapshots of my portfolios. These guys require a phone number. Wondering if they’ll sell it to advertisers or use it to pester you? They called me once. Told 'em I wasn't interest…
  • Personal Capital is a good (free) choice, which I use for periodic snapshots of my portfolios.
  • Some excellent commentary/analysis on the curent crypto shennanigans by BBG's Matt Levine: https://www.bloomberg.com/opinion/articles/2022-06-15/crypto-debt-can-be-trouble
  • Think it should have been 1%, but we”ll see. I agree 1% would be a bazooka-level move that would've sent a decisive message. Meaning, I wonder if they can comfortably go 2 months w/o making an incremental increase between meetings....
  • fwiw saying IMO EPD is the best-of-breed in the pipeline spaces. Looking to add this week to an already sizable position, actually.
    in EPD Comment by rforno June 15
  • I got into cryptolending last fall and closed out my position earning 7% over a month ago when things first getting a bit ... bumpy in cryptoland. The timing was right as I needed the play money to help pay for home rennovations. lol (Some place…
  • WSJ reporting Coinbase laying off 20% today. The bloodbath continues....
  • I agree with this article. The first one was the best sign of a 'top' in crypto, in my view. The Clues You Missed: 5 Super-Obvious Signs We Were in a Financial Bubble https://nymag.com/intelligencer/2022/06/crypto-crash-5-obvious-market-top-signal…
  • fwiw saying I predict either a relief rebound or perhaps a 'neutral' day tomorrow -- followed by a volatility explosion on Wed as folks act on their post-Fed positioning plans into the latter part of the week. (Other central banks set to make rate …
  • @rforno : Wouldn't one have to take into consideration the % of total drop & not so much the number (600) ? Band aids don't seem to be holding back the flow of blood, I'm calling for a tourniquet ! With the summer season in progress I've decid…
  • Yup. And having seen big moves in the 00s and 10s I'm not panicked. If anything, I only start to get a bit more interested/concerned when the overnight futures tank hard like last night .... but even then, I don't run to sell b/c I hold good stuff…