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stayCalm
That said Fidelity and Vanguard imo are still better imo because one is not forced to manually enter a 2nd MMF trade for every single buy/sell.
Most should don't trade, and most shouldn't own MM.
This is such a small thing, no need to worry…
Catch 22. If your investing knowledge is below average, you don't know if your RIA is good. If it's above average, you don't need one.
RIA is a jack of all trades and a master of none.
Anytime you need a real advice, you need to see a real pro. For …
How is the above possible when you don't know what the sale proceeds will be(or even that the sale will actually go through) or do you do a conservative estimate and sweep up the remaining next day?
Well, pretty easy. Suppose you own US LC, before c…
Schwab relies very heavily on uninvested cash from customers -- don't know why there is confusion around this. Not offering auto sweeps into a MM fund like Fidelity and Vanguard is not due to Schwab being lazy, it is central to Schwab's strategy. Al…
This week is why I always maintain small cap exposure in my portfolio. My small cap fund (FDSCX) has made huge gains this week, over 3% today alone. Big gains (and losses) tend to happen very quickly with small cap funds.
It's "only" 290% behind QQQ…
I held 3 funds most of the years between 2000-10...FAIRX,SGIIX,OAKBX because the SP500 was not good (it lost money for 10 years). In 2010, I replaced the above funds with US LC tilting growth. So, I want to thank Bruce.
I don't care how good any m…
It's pretty sad and going on for years. Be scared of US LC, especially the MAG 5-6-7
But let me sell you NOW Value, SC, EM and CEFs.
Wait, last Dec the "experts" told us that the Fed is going to cut 5-6-7 times, buy Treasuries. VGIT is finally at 0.…
"Dovish may be for rates but not for equities where the action really stunk."
mmm....the SP500, the most known index in the world, looks pretty good to me, at making "only" 17+% YTD...(https://schrts.co/KgUBfiaZ)
Maybe ...... https://www.cnbc.com/2024/07/05/us-treasury-yields-flat-ahead-of-key-jobs-report.html
That's what I was thinking
Next week, rates may go up, and the explanation will not look great. These articles explaining stuff can be generated by…
I never had a problem with Schwab MM and I'm a trader. I always trade funds/MM on the same date, just make it a habit. MM is just another fund for me. I have had both Fidelity and Schwab for over 20 years.
Observations:
1) Gold has been a terrible investment for a long term holders.
2) If you are a good trader, why bother with gold.
3) Investing small % is meaningless longer term.
4) The breakdown of the world is a long term scare that hasn't material…
Studies have indicated exploiting the momentum factor can generate alpha.
Skilled traders who use momentum may be able to harvest some of this alpha.
Numerous studies also indicate active trading often leads to poor performance.
I contend the vast m…
As LTC Hal Moore said at the Battle of Ia Drang Valley, "Nothing's wrong ... except there's nothing's wrong."
I agree the markets are treading water and churning - there is a false sense of security forming, but at least it's not overwhelmed with…
(link)
Oppenheimer Asset Management is bullish on equities as H2 kicks off.
How about the truth...the SP500 has been positive at about 80% since 1980 every year. We don't have a clue what the SP500 will do in the short+long term.
With that in min…
Robinhood offers 1% without a cap, so $50,000 for a $5m transfer with a 2y holding period. Stocks and ETFs, no mutual funds. Tempting, but I passed on it.
The above is expired on 6-28-2024
https://go.robinhood.com/acats
All you have to do is read posts about trading, and the majority of them are in ETF/CEF/Stocks.
If someone trades very liquid ETFs such as SPY,QQQ the buy-sell difference is very small, and getting out in melting markets is easy. The less liquid, is…
Ok Raq, I already said that I forgot the word MOST in the post.
With that in mind, you are correct 100% about this minor issue.
So, adding the word MOST makes my statement 100% right
Now, if you want to make posts with real significant, such as whe…
Subramanian doesn't make sense.
If 1+2 above are correct then Subramanian models and predictions are useless too.
Quote "we recently reached, she reports, a 5,000 year low in interest rates" is false of course.
See (link1) (link2) and look at 5 yea…
I read what I said, and I found that if I added "MOST Investors who own ETFs trade" it would be better.
So, instead of being only 90% correct, I could have been 100%. I'll take that.
You start to remind me Bill Clinton...what is is?
Now, let's a…
So what you're saying mirrors my own statement. You can find people for which each approach could be 'correct' or 'incorrect'. Your original post said nothing about "the average Joe". For someone who trades, the fund is probably the inferior prod…
hank
Thanks FD. I’m trying to go up the ladder in credit quality for portfolio purposes. Also unsure of how big a distribution I’ll be taking or exactly when. Would prefer not to buy into a (OEF) mutual fund at this time.
Since we are discussing Mul…
Instead of PIMIX or PYLD(both are similar), look at RCTIX.
One year chart(https://schrts.co/JRNGpRmT)
3 year chart(https://schrts.co/RfSCENuJ)
The above is not a recommendation or a guarantee; do your own due diligence.
I sold PIMIX in 01/2018 aft…
Observant1+JD
My post wasn't an answer to you, but if you find anything wrong, I love to hear your "pearl of wisdom".
As usual, I analyze funds, no comments about posters.
BB "Concentrated funds are OK as long as the managers are not averse to portfolio turnover."
Low/high turnover and/or Concentrated/non-Concentrated funds don't guarantee better performance or better risk-adjusted performance.
Concentrated portfoli…
@FD1000 Are you bragging or complaining? You're not tired OR proud, are you? LOL.
Neither. It wasn't the first time I posted at crucial times. See (link). One of them was on this site.
"Like others here, I own a slice of GLFOX which invests in infrastructure and, for whatever reason, stays mainly in Europe. It has returned a big zero this year. Not a concern to me. I can be content with some holdings rising and some falling. If ev…
Suppose you have 1 million in Fidelity SP500 (FXAIX) and you want $4K monthly. You can create a sell monthly trade on a specific date to run for years to do it...and you are done.
Only if you have the stomach for it. If you had $1M on Jan 1, 2022,…
It's a very old argument that higher distributions are better than lower ones (or none)...and it's a bogus one.
Until the 70s blue chip big companies paid div to prove they are healthier. Then the technology revolution took off and these new compani…
Crash, technology isn't perfect, but the old ways isn't either. Technology has presented us with a lot more choices. Choices = a lot more development and interactions between systems.
I used to pay $1.5 per minute calling abroad, I have used WhatsA…
I never paid attention to MM before 2022 and after that because I'm invested at 99+%, but I was in MM from 01/2022 to the beginning of 11/2022.
To get the best Schwab MM you need one million. I bought all/most of the options(SNAXX,SUTXX,SCOXX) in ou…
I'm a bit confused by all the complaints.
1) I never used debit cards, a few showed up many years ago and I just cut them up immediately. CC have better protection = end of story.
2) I got/replaced/opened several CC, including this week, none is mad…
FD,
When you say "99+% in the market", what does this mean?
Are you referring to equity markets, fixed-income markets, or other markets?
Just curious...
Thanks!
Easy answer.
First you tell me your breakdown of stocks, bonds, cash.
Second, let me kn…
