Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Called Marshfield Funds earlier this week and was told: MRFOX record date 12/13/2024, reinvestment date 12/16/2024, STCG $0.512150/share, LTCG $0.636156/share. I didn't note any dividends, but that could be an error on my part or they're not yet det…
To revert to the title fund of this thread, below is the fund's performance, taken from its quarterly reports, which are available its website
https://www.palmvalleycapital.com/fundcommentary
and are separate from Cinnamond's occasional other commen…
This 2019 comment on in intuit/turbotax discussion indicates (without reference, unfortunately) that interest paid on federal tax refunds is state taxable.
https://ttlc.intuit.com/community/after-you-file/discussion/i-received-interest-income-from-…
This article suggests the rise is from the disparity between ~900 bitcoins mined per day and the >3500 purchased by the ETFs.
https://finance.yahoo.com/news/1-reason-for-new-bitcoin-mania-simply-not-enough-supply-194356549.html
From the FUQIX prospectus: "Fidelity ® SAI is a product name of Fidelity ® funds dedicated to certain programs affiliated with Strategic Advisers" so this looks like it's Strategic Advisers Investments (or Inc. or something). https://www.strategica…
The NIIT is 3.8% of the smaller of (a) the amount your MAGI exceeds the threshold ($250k, $200k, or $125k) or (b) your net investment income.
See "Application to Individuals" section of https://www.irs.gov/instructions/i8960
In the lead/feathers test, I bet people are quite sensitive to the inertia (both linear and angular) when lifting the two supposedly identical boxes and the experimenters neglected this.
A large impact on the upcoming March year-over-year CPI value will be the removal of March 2022's 1.34% contribution (287.504/283.716 = 1.013351...). Good-sized drops in YoY CPI are also likely to occur when May and June 2022 drop out, assuming mon…
The current IRS form 8888 says you can have your refund electronically deposited to a Treasury Direct account, avoiding paper bonds.
"You can request that your refund (or part of it) be used to buy up to $5,000 in series I savings bonds. You can bu…
Interesting article describing SVB efforts to weaken bank regulations. It 2019 its CEO "was elected to serve on the board of directors at the Federal Reserve Bank of San Francisco. Becker left the board on Friday."
https://www.levernews.com/svb-c…
Both Silvergate Bank and Silicon Valley Bank are California state-chartered banks. Is there any reason to think oversight would have been better (or worse) if they had national bank charters?
https://dfpi.ca.gov/2023/03/08/dfpi-statement-silvergat…
"To Sell or Not To Sell?" by Charles Bolin in the March 2023 MFO issue. Chart 2 appears to be using years ending 01/31/23 or perhaps 12/31/22 (the five funds with dashes for later years are all aged just past the years of their last entry). Chart …
@Old_Joe The Economist notified CA readers a few weeks ago of short term delivery days due to flooding at its Sac'to printer. Seems OK now as Feb 25th issue arrived on 24th.
Looks like the Krone only dropped about 1% (vs. US$) over the course of Feb 24th.
https://www.xe.com/currencycharts/?from=USD&to=NOK&view=1W
[Note: must click away from, then back to, the 1W button for proper x-axis labeling]
Check the volume of its trades. Zero shares most days; others a couple of hundred; occasionally a couple thousand. Out of 5.42M shares; 5.21M public float. No wonder some trades greatly affect the price.
Perhaps I misunderstand, as it seems odd to advertise such low returns these days. And the "cumulative bonus percentage" matches what appears to be the total return; nothing seems to be a "bonus". But an "Annual Equivalent Rate" of 0.96% sure seems…
@Crash The table on page 2 of your second link shows this is 10% total (not per year) over 10 years, increasing very slowly to 10% total over that period.
@Derf Texas has by far the most installed wind power capacity of any US state, although it provides less than 1/4 of the state's electricity.
https://windexchange.energy.gov/maps-data/321
Map of its distribution: https://windexchange.energy.gov/st…
@Sven, FOMC meets 8x/year: odd-numbered months, plus June and December.
Jan, Jul: 4th Tues/Weds
Mar, Sep: 3rd Tues/Weds
May, Nov: 1st Tues/Weds
Jun, Dec: 2nd Tues/Weds
Edit: Info above, while it might be typical, is not correct, as 2023 meeting…
Edgar reports PRWCX's quarterly GE holdings as:
12/31/21 25,143,114 shares, 4.41% of holdings
03/31/22 21,712,776 shares, 3.80%
06/30/22 21,005,868 shares, 2.93%
GE stock is nearly unchanged since 07/31 (ignoring the 8¢ dividend on 08/25). It wo…
Why would you think it might? The link you provide shows the five types of contributions that are allowed and HSAs don't appear on that list.
• contributions you make to a traditional or Roth IRA,
• elective salary deferral contributions to a …
The S&P500 index was started in 1957. Not claiming it's the case today, but the larger the share of those companies' stocks held by S&P500 index funds, the more likely those stocks would decline together.
https://www.investopedia.com/ask…
Might be worth watching over time. But the SAI, dated 2/15/22, shows the four managers each with $0 invested. Classes Z and R6 are supposedly not available to retail investors. Also, per the prospectus, also dated 2/15/22 but containing informatio…
From a climate change perspective only green(*) hydrogen is suitable (absent robust carbon capture) and most of what's available is not green
https://www.statista.com/topics/7783/green-hydrogen
The main problem with green-hydrogen fuel-cell vehicle…
Be aware that fund comparison sites can be slow to account for distributions, if they ever do, and might only compare NAV changes. For example, using Marketwatch to compare REBYX and FLPSX still shows sharp drops in REBYX on 12/17/21 and in FLPSX o…
>> Oh, and BTW, inflation in the rest of the world is a minor issue.
Pandemic, and now war, induced inflation is a global phenomenon
https://www.global-rates.com/en/economic-indicators/inflation/inflation.aspx
https://www.ft.com/content/6fc…
The I-bond semiannual variable inflation rate, based on the Sept vs. Mar CPI-U, will be 3.56% starting Nov 1st, for a composite rate of 7.12% (for 6 months) even if the fixed rate (not announced until Monday, Nov 1st) remains 0%, as seems likely.
I…
A different and more readable Section 138311 in the House document @msf cited says:
"this section prohibits all employee after-tax contributions in qualified plans and prohibits after-tax IRA contributions from being converted to Roth regardless of…
Life imitates art imitating life: Years ago IBM had an IBM 9000 computer, made by its IBM Instruments division in Danbury, CT. ["HAL" is "IBM" with a one-letter shift.]
Numerous southern hemisphere countries are reporting record low cases of influenza in their winter, perhaps due to masking, hand washing, social distancing, etc.
https://www.advisory.com/daily-briefing/2020/07/24/coronavirus-restrictions
https://w…
For those interested in hurricanes, I suggest tropicaltidbits.com, which has provided daily updates on what became Laura since it was a tropical depression in the mid Atlantic. Much interesting information on hurricane formation dynamics and behavi…
