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rforno

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rforno
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  • Official TRP page is up, including holdings... https://www.troweprice.com/content/fai/us/en/investments/etfs/capital-appreciation-equity-etf.html#primary-holdings
  • Was this transfer for all TD accounts, mine seem unchanged as of now?. FWIW, I think everyone's accounts are not transferred yet. You can create your new User name and password on Schwab.com, and it will tell you when all your accounts are scheduled…
  • Well supposedly Treasury 'only' had like $45B on-hand the other day, so they probably need all the cash they can get to meet daily outflows/payments.
  • Sheesh, that's unreal. One almost wants to throw some $$$ into it b/c the interest rate is likely going to be .... big?
  • Speaking as a professor, if medical school faculty had such a laughable 'grading' scale like the credit agencies have to keep issuers from receiving failing grades, they'd be a mortician's delight.
  • I don't plan to do anything marke-wise until (er if) Biden signs the bill into law. Until then, it's still a total crap-shoot imho. I think he punted on the 14th b/c it wouldn't be an immediate solution to the current problem/deadline -- but with …
  • Interesting the many American Funds significantly increased their AUM over the decade. (I've held several of them in moderately-large positions since 2005)
  • It'll be newsworthy, believable, and/or actionable only when Biden signs the final law......
  • In the spirit of Dr. Strangelove: "How I Learned to Stop Worrying and Love the Bomb". Whatever comes, comes and I will ride it down if it breaks loose. Yee, haw, here we go again. The original ending of the movie was supposed to be a massive pie fig…
  • @bee: you are very kind to suggest I might be capable of opening a new web site devoted to ETFs. I would need a cast of volunteers to do the real work as well as a minder to prevent me from buying every can’t-miss ETF that will surely come along. Ho…
  • Congress is on Memorial Recess now, but may be recalled on short notice. More precious days to the debt-ceiling deadline wasted. Meanwhile, very short-term T-Bills yields are acting up, while the dollar is getting stronger. This may be getting comp…
  • If sp500 go to 3300 I will load all margins sell my house and put everything in spy Iwm eem Tsla tqqq They say maybe 10% drop next few wks/large corrections Get ready My gameplan: 10% down I will nibble as appropriate. (IMO such a move is hard…
  • " A true permanent solution would be future balanced budgets, or making the debt-ceiling an integral part of the deficit budgets, i.e. , no pork-barrel/Christmas-tree deficit budgets without an appropriate increase in the debt-ceiling to keep all on…
  • Let’s hope the “rally” doesn’t amount to a Wile E. Coyote moment. Could be a case of “sell the news” GOOD POINT! Watch the markets pop higher on *any* news of a deal. If it's a short-term deal, 30-day delay, or other punting, I would expect a po…
  • What will I buy? Some more high-end single malt scotch. ... and equitiies on my shopping list that may plunge in value to fire-sale prices if/when/as the markets respond to the abject delusive insanity emanating from the idiots across the river f…
  • DC political media was reporting the other day that the House Dem leadership met w/Kevin and said they'd protect his right flank should hard-right GQP'ers launch an effort to oust him as a protest to whatever deal he might arrange. (Sure, it'd keep…
  • So what's the (GQP) plaintiff's argument for likely suing the administration for invoking the 14th as a way of killing this stupid debt ceiling nonsense? "Your Honors, we disagree with requiring the government pay for things it's already purchased?…
  • Schwab Bank pays whopping 0.45-0.48% on its checking and savings accounts. Hey it's probably still more than they pay their brokerage sweep account! Amazing that in 2023 they still want folks to buy into their (expensive) MMFs and take an extra ste…
  • I am likely starting a position in CGDV and CGGO sometime soon as well. Been tracking it for the past year and am a general fan of Capital Group's style.
    in CGDV Comment by rforno May 2023
  • Sold my MMP for a 20%+ gain between the OKE acquisition this morning and existing profits on the position. Price action thus far suggests folks may not be entirely thrilled with the deal and are perhaps worried that regulators might step in to muc…
  • The state budget/pension situation is why I gleefully bought into the 403(b) option versus the state pension when I joined the uni system. Not only was the 403b portable and fully-vested immediately, but if I was going to lose (or make) money, I wa…
  • Thx. This would be a 22% capgain which I'd bank and it'd just add to my cash pile that I'm trying to invest-down. A good problem to have, admittedly. Since I only bought into this bunch of MMP last year my tax hit on this should be fairly mild. …
  • @hank: Yeah. I will probably do what I usually do in such cases and liquidate my position tomorrow morning. This will leave me with EPD as my only pipeline MLP remaining, which I feel pretty good about holding and/or adding to until the cows come …
  • Apparently Conspiracy Twitter is having a collective meltdown because of her association w/the World Economic Forum, which they view as the root of all evil in the world ... and now saying Musk isn't holding true to his 'word' about 'free speech.' …
  • FWIW saying I reloaded the liquor cabinet and went long on popcorn futures the other day. So I'm ready for whatever may come from these lunatics across the river from me.
  • She may be CEO but you can be damn sure he'll still be calling the shots. I wonder how long she'll last. As someone on social media said, this may be a 'Glass Cliff' -- namely, hiring an experienced woman executive to fix a failing dumpsterfire si…
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  • @NumbersGal, what brings these funds to your attention? I've never heard of Envestnet. Do they have good pedigree? I do see them available at Schwab, but as you said, really no info given. ActivePassive. Kind of like a split personality :) Compan…
  • I haven't been able to find a clear article on what exactly happened, but one thing is clear: the House wouldn't have been the problem. If there was a legislative block, it was in the Senate. Dems couldn't have passed it on their own; it takes 60 v…
  • 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…
  • When I first saw that, I thought "why is a car repair franchise running a mutual fund"? Therein lies your Monday afternoon yukk..... :)
  • Long-term PFF chart from Twitter LINK. It is underperforming financials by a lot because of the concerns that noncumulative bank preferred may be worthless in the FDIC or other bank rescues. This is the #1 reason why I refuse to hold bank preferred…
  • If only we lowly little people could be empowered to manage our money like Congress, life would be totally awesome....
  • @rforno I think that applies to less than a majority of the GOP, maybe 20%. They hold influence because only 50% of people bother to vote When your bank closes and the ATM is empty and your SS check doesn't arrive, I suspect people will notice. …
  • @mikeM. Virtually all Trump supporters and for that matter most repugs vote against their pocketbooks. So to answer your question “would they?” Why wouldn’t they now?They always have. Their culture war issues matter more than anything to them. E…
  • What happened in the case of First Republic was that (large) uninsured depositors were made whole at the expense of bond holders; the equity will likely be wiped out even though FRCB (it replaced FRC) is trading at 32c. If there was a formal bankrup…
  • QUACKman ... yawn. I read earlier that both fed and state regulators are starting to look into possible market manipulation and/or short attacks on the regionals by various parties. Frankly, I wouldn't rule out economic warfare being another way o…
  • So it's like VectorVest, just with AI. (or any other 'we make it simple!' sort of product/service/signal/screener) Yawn.... Edit: Actually, I just got a VectorVest brochure in the mail today, which I take as a sign that we're in for (more of) an …
  • Tastyworks is by Tom Sosnoff, JJ Kinihan, and others who helped build ThinkorSwim (which ThinkDesktop was/is fantastic) back in the day. They've been around forever and Tom is a recognizable name who knows his stuff, especially when it comes to opt…