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.
Capital and KKR are planning a series of hybrid funds that will invest in both publicly and privately traded assets. The first two strategies, expected to launch next year, will hold about 60% in public bonds picked by Capital managers, and 40% in …
As a frequent Amazoner, the 5% is great. Its statement credit more than paid for a high-end Bosch dishwasher that I purchased locally a few years ago. I only use it for Amazon/Whole Foods but it serves as a 'backup' in my wallet since I'm mostly a…
Relentlessly scouring the investible world for something. Bell Canada BCE is way-undervalued, per M* at -24% disc. HQ in Verdun-Montreal. Of course the geniuses at Schwab will not allow div. reinvestment. But the share price has dropped to the point…
Per CNBC:
Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social network, reported a net loss of $327.6 million, with total revenue at $770,500 in its first fiscal quarter.
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https://www.cnbc.com/2024/05/…
I do NOT like the new layout of PV's site. I dare say it's been Morningstar'd in its user interface and is much more cumbersome to use and setup, even if it might look prettier to some.
Looks like they're going for subscriptions now, too - https://…
My county has pretty high 'service' fees for credit cards, so I do e-check.
However, I pay my federal taxes in my CC and get double-points for a reasonable 'service' fee, so that's a nice win. :)
Sold out of DBRG/I in pursuit of other income opportunities.
Sold out of FLNG ahead of earnings over concerns about dividend sustainability, coupled with the fact I couldn't DRIP it @ Schwab. They also recently recategorized part of their 2023 div…
And I bet it costs them more then 13 cents to administer/track/journal that amount, too. LOL
Cash management @ Schwab still sucks bigtime but I don't see that changing anytime soon unless there's a large exodus of AUM.
Invesco website says 5.44% comes from underlying funds - holdings look a mix of funds and individual MLPs. Why would there be funds within anything called "Select".
https://www.invesco.com/us/financial-products/mutual-funds/product-detail?audienceTy…
Because they can? *shrug* Heck, there's also a 5.50 front-end load and .25 12(b)-1 fee as well, just in case you really wanted to twist the knife into your gut. Run fast, run far.
In such cases, I'd definitely use an ETF .. there are several. Jus…
@rforno, They have been migrating accounts in stages for more than a year and they had migrated employee accounts first. Since mine (and @graust) were one of the last accounts to move over, I thought Schwab would have figured out all issues by the …
I recall my Fidelity Visa card had been 2% from the getgo, but evidently my memory is faulty. Never had to ask for 2%. Have dealt w Elan a lot and no problems, except that the card gets hacked a lot. I have replaced ours maybe 4 times the last year-…
Scummy, blind greed. DO them. DO THEM hard and deep and long.
Boeing must be gutted and start from scratch. Shareholders would be GRATEFUL, eh?
As a former BA shareholder in large quanties, HELL TO THE YEAH. At this point it's not just 'mistakes' …
Thanks, Yogi. Good idea.
@rforno, I called the transition team to get an ETA on the lot history so I do not check before that date and was told there is no pending work on it (i.e., no ETA) as they are not aware of any issues. (I had to disclose …
When I moved from TD to Schwab in 2020 after the merger was announced, it took a few days for my cost basis / history to populate, but it did. Same thing happened when I transferred that Schwab account into a new Schwab account last fall so I could…
Glad it's not just me.
@Hank, we have similar reading tastes. I also have come to appreciate the crowdsourced comments on SeekingAlpha as well -- many times there's more useful nuggets there from knowlegeable folks like us than the authors who are…
This ought to be a fun thread. Something about dividends seems to get some folks animated. :)
It usually does over @ Bogleheads. :)
As a dividend investor I don't really care about dividends that are 0-3.0 yield. So what if Apple pays 0.55%? I…
Either way you still need to buy/sell a MMF or other cashy fund @ Schwab to make the $$$ available to avoid a short-term margin loan. (T-1 helps, but still, that friction is annoying)
One year/quarter a trend does not make and I just let the position do its thing ... I see no reason for concern w/PRWCX or Giroux at this point, or anytime soon pending some major oddities coming from him or the fund.
Many of you know I don't care …
Thanks @rforno….a good reason to hold ETF “cash-like” holdings for “investable cash” once we move to Schwab. Much obliged.
FWIW saying, if I wanted to move my cash into a fund, I would own an cash-like ETF or t-bill vs a Schwab fund --- just on pri…
As Cory Doctorow says about such things, the 'enshittification' of the world continues.
Somewhat relatedly (but a tangent, I admit) yesterday ATT dropped all their consumer plans down a tier in terms of QCI service levels just so they could launch …
Slightly OT question (for a Buy/Sell thread), but we are moving to Schwab for good from TD Ameritrade next weekend: are the money market holdings at Schwab considered investable cash, or do you have to sell the money market funds first and then trad…
@rforno … it was really interesting with a lot of good information. Examining the heatmap, personally, I’m hoping for a rebound for REITs, and have a big bet on RQI for a down payment in 2 years to buy out my auto lease.
One item was not helpful…on…
@junkster,
Two years ago, I would not have expected floating rate stuff to do well for this long. JBBB and JAAA are green today.
Most of my monies is in CLOs (floating rate) and my complacency there worries me. Even Barron’s is extolling the vi…
Started 500s HESM in my Schwab income-oriented account. Will double it in the coming days depending on the market moves ... but as this is newsy week w/the FOMC, I prefer to tranche into positions, especially when it's commission-free. :)
@Crash, just for info. For another way to sell, my preference most often is to use 'trailing stop'. In that way you can ride the stock higher before it starts to significantly drop. Why cut the flowers before they've fully grown. There are some reas…
Yup. I always use GTC-EXT @ Schwab --- very handy, especially in cases where liquidity is tight and you're only partially filled after pulling the trigger. Plus, even if the trade is open for a few days as it fills, you're only paying one commiss…
In the meantime, I checked that ETF CCOR is recognized by Yahoo Finance, StockCharts, MFO Premium, M* Investor (strangely, the name Core Alternative ETF is recognized, but not the ticker CCOR). M* Home recognizes the name Core Alternative ETF, but t…
From Bloomy -
"Boeing raised $10 billion from a bond sale on Monday that attracted about $77 billion of orders and allowed the planemaker to ease some of its financial strains by refinancing part of its massive debt load. The outsized demand for th…
@rforno,
May 1st is only a couple of days away.
Any additional info you are able to share about CPSM?
The mechanics may be simple. The fund could just buy 1 year collar from a legitimate counterparty.
Nope, I was just passing along the BBG s…
