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I continue to use MM which pays 4.9-5% compared to 3-6 months treasuries at 5.2-5.3%. The difference is insignificant. MM lets me trade in/out of funds very easily.
I have been complaining about the above for over 10 years to Fidelity reps/supervisors. Several reps told me it's a finra/sec rules but it's not correct. It's Fidelity's own imposed rules.
As a trader, it's just annoying and wasting extra time. Whe…
Over the years when I wanted to own/ trade bank loans, I used one of the following FAFRX,EIFAX,OOSAX.
WABAC, the only fund I have used instead of MM/CD YTD, was RPHIX. I don't trust any other funds.
DT, good analysis. The CME-fedwatch-tool shows no rate increase this week, a 62% chance increase of 0.25 next month, and a decrease of 0.25% by year's end. Looks to me, not much change while the Fed fund rate stays elevated.
If I search by Sharpe(si…
Hank: FD - Just a reaction to your use of “proprietary”. It sounds as if you can’t share your approach on a board dedicated to sharing and helping one another. But perhaps I misunderstood your intent. Sorry if I offended you.
FD: I did share, read …
Some people have T-DS and some have FD-DS.
Hank, if you think that my system is too funny, I welcome you to dive a bit into it(link). Several did and doing very well. The whole idea is to find great risk/reward funds, small AUM is a plus, an uptren…
YTD: I had already 2 roundtrips of several weeks each, in January and March to mid-April, all in HY Munis. Last week, I started roundtrip #3, and invested back at 99+% all in bond OEFs.
Unfortunately, I can't discuss what funds I own because it's p…
stillers: BTW, I'm starting to feel genuine sorrow for your family. And I consider that a big step on my part.
FD: Your usual, I post about investments and you troll my thread and attack me personally. After years that you claimed I don't have a cl…
Several past posts:
1) "MSF describes it—blend—a blue chip stock with its heady growth days in the past.
"Agree with msf and Lewis assessment. The fast growing business (iPhones, computers, music, and AppleTV) since Steve Jobs's returned has plateau…
So I read the linked (sic) article.
Then I read the OP.
After which, my only thought was/is:
I thought Roseanne Roseannadanna passed away a long time ago.
I see that the OP has also posted the same link (sic) on another forum and has been met wit…
OK, I got it when I'm correct, advisors MAY be wrong. They are actually wrong many times, and why I don't listen to them. I just invest based on what has worked recently.
Just checking in again since the first post on March 8th. Quote "78% prefer Value (IWD) (VONV) vs. 12% who like Growth (IWF)"
This (chart) since March 8th shows that IWF=growth continues to outperform IWD=value by more than 9% since and GLD did pret…
Well to be fair the survey was taken to assess how managers 'intend' to invest moving forward and not how they were positioned. The part FD left off from Yahoo:
"Defensiveness is in style among financial advisers, according to the BofA Securities …
Pretty sloppy for a guy who is always not only on top of everything, but actually well ahead of everything... he didn't bother to check his link response, which seems pretty odd considering that he has such superior financial systems. Makes you wond…
Wish there was someone who never got anything wrong. Why is that so difficult?!
That's not the point. My main point is that Wilson got many things wrong. He is getting paid to make great forecasts, if he fails, he should be fired.
The SP500 was pos…
Takes a million dollars to get into SNAXX, so you often must give up about .15% yield and settle for its sibling SWVXX. I was able to buy SNAXX, in one of my accounts, in March of 2022, when I sold/reduced OEFs, but since then I have been able to r…
Several posts I made over the years
1) 2020, going to cash on 2/29/2000(link). I actually posted here too(link)
2) In early 2022, going to cash(link).
3) In 11/2022, going back in and why (link).
4) I posted about one good indicator I have been usin…
My indicators triggered a sell, in early Feb. Since then I'm at 99+%, mainly in two MM SWVXX-SNAXX paying 4.47-6.2%. I will join the next bond uptrend.
mmm...I started a thread https://big-bang-investors.proboards.com/thread/1959/bond-future-musings
Keep reading until you get to a post saying "As promised, my posts about what I do would be late by weeks instead of days (you know why). Let's start f…
I posted in early 11/2022 that the turnaround in bonds started....1) Bad losses should turn to a nice rebound 2) we can see the end of rate increase, no need to wait 3) the charts/uptrend gave a clear signal 4) Inflation starts to go down).
I wen…
We can have turmoil and crisis but if it will not last for months-years, the global financial system will collapse. If you can't trust MM in Vanguard, Fidelity and Schwab we have a bigger problem. A real crisis would lead to big stock+bond decline, …
Why are you not buying broker CD/Treasury? Fidelity treasuries pays 4.8% for 6 months (https://fixedincome.fidelity.com/ftgw/fi/FILanding) and you don't pay state tax.
Can I trade back and forth with CD/Treasury? it's inconvenienced.
Can I buy sev…
But all you can come up with now is a mortgage fund and a one-day inverse gov ETF?
Weren’t you whingeing on about BSV months ago?
Do you have any nonwacky thoughts?
I posted already "You can make several % more in managed bond fund, this is where t…
@FD1000
>> You can make several % more in managed bond fund, this is where they shine.
go on, please (as always)
DODIX was down just under 10% for the year, a few percent better (yes) than FTBFX, FBND, AGG, BOND, and the others, not as good…
I will invest hugely in bond OEFs in 2023, as I have done in the last several years.
But, I must see an uptrend to be invested. I think 2023 will be a good year.
You can make several % more in managed bond fund, this is where they shine. Think DODIX…
RPHIX is a unique bond fund. I don't think you can find another one for 2022, with that kind of low SD + performance. The fund is closed to new investors at Fidelity and Schwab.
I have been using https://www.taxhawk.com/ for years.
Federal filing is always free. State is $14.99, but every year, they have 10% coupon.
It's simple, but can also do complicate scenarios. You can ask questions, and you get answers within sever…
Made a mistake, Interest earned on all U.S. Treasury securities, including Treasury bills (T-Bills), is exempt from taxation at the state and local level but is fully taxable at the federal level.
I was talking only about buying and selling treasuri…
Greatly diminished choices and longer maturities have gone away. Because of Bank holiday or a tipping point in rate expectations? Same at Fido and Vanguard?
Let's think about it.
1) Inflation is much higher than CD. You lose money.
2) High inflati…
BAC - 24% YTD
APPL - 19% YTD
BRK - 12& YTD
Does diversification work ? Looks like over YTD it does.
Have a good day, Derf
YTD? Look at the last 10 years and see why you needed only APPL.
I'm talking more ab…
@hank -
Warren Buffett on diversification:
"Warren Buffett has famously said he is against diversification. "Diversification is a protection against ignorance," Buffett once said. "[It] makes very little sense for those who know what they're doin…
Thanks FD. Yes $2500 min at Fido. And one more “fund performance site” to add to my collection and further mess with my brain.
I decided years ago to stop using ALT funds. They are not reliable and inconsistent. I developed my own timing system(l…
FARIX seems like an interesting fund, but it has a $1 million minimum investment.
All you got to do is check it out. Fidelity and Schwab have only $2500 min.
Several past posts:
1) "MSF describes it—blend—a blue chip stock with its heady growth days in the past.
"Agree with msf and Lewis assessment. The fast growing business (iPhones, computers, music, and AppleTV) since Steve Jobs's returned has plateau…