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Part of that cargo, DKNG, is currently flirting with $25, having been around $75 earlier in the year. Suspect it will close below $25. If I were Wood I’d consider tossing that one overboard.
I'm sure she will double-down and buy more, because, as…
It's very easy to make predictions.
It's extremely difficult to make ACCURATE and TIMELY predictions, especially for the near-term.[1]
... but unfortunately, the financal infotainment media/punditocracy have very short memories and just need pe…
I'm reminded of Rob Arnott's continued holding a 20%+ short S&P position in PAUIX for nearly a decade after the GFC of '08 because of his dogmatic adherence to his 'strategy'. Performance lagged .... significantly.
Investing should not be dog…
Thx YBB. I figured if anyone did, you'd probably have an answer ... though i was hoping for a more modern/automated way of doing that research b/c SEC/Edgar (or the fund ARs themselves) feels antequated and isn't exactly user-friendly.
Back in '08 I'd be getting excited at red markets and scrambling to hedge and/or trade it. Now, I'm like 'meh .... it's 'only' down 300 right now". ;/
I'll continue to watch things and stalk positions I want to own or increase, but otherwise am…
@JonGaltill: right, BST is a BlackRock closed end science and tech fund, but it does have a global portfolio. Of its 3 managers, 1 also serves on BME, the Health Sciences CEF that has done well previously, although it has done little to merit its M*…
To followup on my 11/10 comment, I may actually dump MGGIX and go with BST instead, to rotate into some large cap tech+income (ie, adding more 'value' and less 'growth') versus a more growth/tech-oriented 'world stock' fund as the markets continue t…
icym
https://www.reddit.com/r/wallstreetbets/comments/rciqbx/this_is_what_its_really_like_to_be_a_trader_on/
just chased a tip thanks to someone here, went through this exactly (almost)
play loud :)
The Phantom Tendy
LOL Excellent!!!
(Not …
IIRC Cathie is soon launching a fund to buy stuff that she sells from the flagship funds, presumably for a big drop in momentum/price ... eg, for her fallen angels.
I can't help wondering how that can't be considered a market manipulation if word …
I've got some TRP funds but consolidated everything at Schwab. Been very pleased with them over the past year compared to where I came from (TD Ameritrade, which they bought).
Given his cryptocurrency remarks, I'm reminded of the Simpsons meme of "Old Man Yells At Cloud"...... how many US Dollars have been used for illicit purposes over the years? Just because something is new and/or misused (or not understood) by some do…
Here is comment from the Schwabie : " Not suitable for most investors. These exchange traded products (ETPs) represent unique risks, including leverage, derivatives, and complex investment strategies. These securities are designed for daily use only…
Grantham reminds me of Marc Faber of the 'Gloom Boom and Doom Report' ... pithy, witty, educated, and great for media hits --- but wrong for a lot longer than you can profit from their advice.
Sadly when the Bear strikes, everyone goes 'oh, they we…
FYI --- American Funds is not the same as American Century.
I don't care if an active fund tracks an index on the upside, but I do care if it tracks an index on the downside. The SPY lost like 38% in the GFC while PRBLX was down only 22. I'll take…
I bought into MGGIX (MGGPX) before it soft-closed. It's tread water to been slightly up over the past year, but I'll continue to hold it until I feel otherwise. After all, barring blatant weirdness or idiocy, one 'bad' year after a multi-year mult…
Roth IRA used to have $2,000 limit when it started in 1998. Many people don’t have jobs with 401K) and 403(b) plans. How can one save enough for retirement with $6,000 and 1,000 catch-up, per year?
Agreed. I think it's IRAs are joke compared to 4X…
@David_Snowball
It pretty much summarizes the capital gain distribution estimates of many of the mutual fund families and related links cited above.
20% for PRGTX is noteworthy, but I had no idea that 8% for PRWCX constitutes a 'big distribution' i…
Oops - Parnassus is NOT yet showing end of year on all funds
I called them last Thursday and they told me the distros would be "soon" ... which makes sense since they tend to pay in mid-to-late November (18/19-ish this year I think they said).
I was concerned about possible integration issues, so a year ago we took advantage of Schwab waiving account closing fees at TDA and made the move before it was done in mass.
Same here. I've been through brokerage mergers before and wanted to avoi…
Well, there is that Starbucks inside a Wells Fargo at 19th Ave. Talk about a disaster inside a financial disaster.
Hah! Charbucks will probably burn the beans on a drink that Wells Fargo ordered for you without your knowledge.
Most of my holdings across accounts are individual stocks, mainly bought and managed for the long term, though I do trade some of them a bit more in one of my accounts. Overall I'd say a 60-40 split between dividend-paying stocks and various equity…
IMO M* stopped being relevant to me years ago. Their move into managing money shifted how their 'analysts' covered stocks and as a result their insights and newsletters (which were ususally good) really began to lose value to me since they became l…
At the moment, the only psrt of the crypto economy I prefer to own are miners. I own a spec position in one and may add to it sometime before year-end.
I wonder if that was due to a geographical overlap between existing TD and Schwab branches?
Here in DC they were around the corner from each other, so the TD branch closed, but 'my guy' (er, my TD POC) said he'll be working out of the Schwab office …
I'm looking in the usual place for the TRP estimated distributions. No show so far. This week they usually publish. I also noted that by the end of November they usually have a closer estimate to the real numbers.
I used to be in BRUFX and never fo…
FWIW saying I created a new Schwab account in Aug 2020 and moved those significant assets over soonafter because I have been through brokerage migrations before and they always are problematic ... I didn't want to go through it again. Not to menti…
Changing to 24 hour trading will break a ton of how the markets currently operate I think. The after-hours provides a pause for everything from system upgrades to EOD pricing to letting traders eat, sleep, and have a life outside of work. And espec…
When Washington enters the irrational bats--t crazy phase as it is right now, it's good to be prudent. Trim or sell if you want to lock in gains or preserve capital, do something, do nothing ... do whatever lets you sleep well at night.
Everyone s…
IMO they also need to spin off Wells Fargo Advisors. I have a great team supporting my account there, but every time I see their logo on my monthly statement I cringe. :/
Anyone buying Chinese-based debt is likely rolling the dice and hoping for the best (given the nature of PRC markets and governments) imho. I wouldn't touch it with a bargepole.
