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Not sure what you mean by donuts. I mean, all I do is make my morning espressos, log into MFO, check my accounts and OMG WHY DID ONE OF MY FUNDS LOSE 9% OVERNIGHT AND SHOULD I SELL TODAY??
Tis the season --- couldn't resist. ;)
BST or BSTZ or other CEFs might work as well. Also keep an eye on mutual fund expenses (loads, 12(b)-1s, annual expense ratios) ... not sure some of those listed are worth what they charge, even if they look kind of interesting.
Looks like they want to create seperately managed account-type services based around some of their strategies. Other reporting makes it sound like these advisors will continue to advise/run their mutual funds despite being in this new organization.…
I'd been mostly in stocks and some funds since a kid in the '80s. I wanted to get into futures to learn about them as a potential second income stream (active trading). It was an interesting time to be in the markets, as I both 'won' a lot, and lo…
[1] Back when I was still daytrading futures during grad school
Bad idea. Seldom this type of behavior ends well financially or academically.
Actually it paid for a good chunk of my doctoral work (not in finance) plus some extra spending money, s…
I 'went to school' market-wise in 2007-08 during the GFC[1] which means that I did little to anything dramatic during the market gyrations of 2020 ....and little if any of that was on impulse or emotion. If anything, I would sell one thing to imme…
I guess if you don't own PRWCX, VLAAX is a pretty decent alternative. Not thrilled with the ER, but if I didn't own PRWCX in large numbers, I'd strongly consider it.
Getting folks en masse to take the vaccine once is hard enough. Getting them to return for their booster? That'll be an even greater challenge, imho.
@Mark, I am not a pharmacist, but we have doctors and surgeons in our family. Typical 2-shot vacc…
Bought some APR 21 call options on Americold for a very lowball amount. They're a low-paying REIT but pretty much the only name in public REIT-space specializing in refrigerated/cold storage stuff ... call it a speculative play on the vaccine.
Dragon was great - helped me out w/books and articles over the years. Sadly they dropped the Mac version so when i buy it next, it'll be used on Windows via a virtual machine.
Bought 10 22.5/30 JAN 23 combo spread on PING for a credit.
Reason: Been stalking them for a long while, tanked 16% today on an acquisition, and I think the company itself is a possible takeout target at some point.
My TDA guy suggested I leave a foothold in my TD account to keep it active in order to have easy access to my records, statements, tax forms, etc. So I'm doing just that by leaving a few dog stocks DRIPing into themselves --- but otherwise I've b…
This sounds like the ETF version of Barrier Notes / Principal Protected Notes that were all the rage going into the GFC.
You could do the same thing with a short straddle/strangle on the SPY and save your management fee.
Hard pass from me!
Rarely mentioned in articles like this (or political commentary/speeches) is that the vast majority of people who take dividends and capgains will not be affected -- it's only targeted at those making $1M or more per year, but lots of pundits and co…
I know we're getting way off topic for this thread but I was paying $90/mo for Comcast for internet only b/c I didn't need phone or cable, and wouldn't bundle just for the sake of bundling stuff I didn't use and giving them more subscriber counts. …
IMO Schwab's StreetSmart Edge is lightyears behind TDAmeritrade's ThinkDesktop - plus their Mac 'version' feels like a quirky Java-based browser plugin that's nowhere as polished as ThinkDesktop. SSE reminds me of the hideous OptionsXpress active…
I'm 80% moved from TDA > Schwab. They gave me 2 years of free options trades when I moved 200K. I wasn't looking for any bonus, but it was a nice touch. I should followup to see what they'll do for me now that I've moved significantly more o…
Yup. After the TD fiasco in August with ThinkorSwim, and their horrid way of handling it, I created a Schwab account and have been slowly moving assets over. The advantage is that moving now will help keep me away from the inevitable chaos that ha…
Any thoughts on his GE bet?
As a long term turnaround play possibility, I think it's a 50-50 shot. But if anyone was to take the risk who I'd trust in being careful in speculating, it'd be him. I've also toyed with picking up some uber-long-term …
Our state retirement board makes the plans.
We have both Fido and TRP as plan providers (VALIC was dropped a few years back) ... I found it noteworthy that a) 3 of TIAA's most prominent VA offerings were nixed from *their* plan offerings, and b) …
Sold CSCO from my TDA account this morning since I hold it in large quantities elsewhere at a FSB wirehouse. Will probably add to my holding when the yield goes > 4.0.
Note: my 'trading' account is at TDA and I'm in the process of shuffling th…
FWIW saying I prefer to stick to cash as a single defensive holding. Yes, it pays nothing, but it's stable, simple, doesn't have an ER (so to speak), and allows me to pounce quickly and buy stuff I want during volatility when stuff goes on sale.
I …
Sold TpC and ONTKA for small gains on Friday.
Admittedly 2020 has seen me doing more short-term equity trading than my usual buy-and-manage approach over the years, but properly-planned and -managed, I don't feel too bad about it given everythin…
Interestingly Tweety claimed that TikTok was funding a $5B (patriotic?) 'education' fund as part of this transaction. TikTok was like, "huh? We never agreed to that."[1] Turns out, Tweety was referring to likely tax revenues the US-based entity…
If Trump really refuses to concede or if the Democrats win everything things will really tank.
This is not meant to spark a political discussion (please, folks - let's keep being good this week!) but my sense is that if Biden wins decisively, ev…
IMO SNOW is way overpriced and hyped due to the Berkshire involvement. Not interested!
My equity shopping list includes: PING, RPRX, ABBV, CIBR, NSRGY, UTF, BMY, MPW, and a few others.
My fund shopping list includes more PRBLX & PRWCX, possi…
The armchairinvesting forum is what I stood up after leaving M* a few years ago (when lots of ppl there were peeved at the site) but then dropped doing anything with it b/c it wasn't taking off. So it's funny to see him posting there -it's a bl…
