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.
While I was reading about the Comptroller of the Currency last night I was reminded of the history of wildcat banking. I was then reminded of bitcoin.
Thanks to @PRESSmUP, bitcoin, and its imitators, will forever be Tulip coins.
The OCC was created by Congress in 1863, and is already part of the Treasury Department. I'm guessing it would take an act of Congress to get rid of it, but with this Supreme Court, ya' never know.
Apropos of nothing: My maternal grandfather was ap…
"Forget investor protections, I fear for consumer protections going out the window."
From the perspective of our new improved executive office consumers have one and only one function: to be exploited to the maximum extent possible.
If God didn'…
I am a computer illiterate.
Does security features in an OS translate into prevention of virus and malware being implanted in your device? If not, what are the means thru which these things get into my device? I am starting to use mobile Apps on …
Not quite a market prediction at this dinky linky. It's not so much that it's different this time. It's more the case that things aren't what they used to be. Check your assumptions at the door.
Very interesting with my new McAfee antivirus.
I have used McAfee only on Windows products before and did not install McAfee on my iphone and ipad. After my McAfee subscription renewal last week, somehow McAfee started detecting my Mac products a…
Sold JAAA from the IRA. After about a month of ownership I got tired of looking at names like Uncle Billy's Triple A Tranche and Aunt Martha's Well-Endowed CLO's.
I have taken the proceeds, along with some cash, and added to CBLDX and started a pos…
@catch22, I did not find the upper Michigan accent quite so pronounced as accents I met in my college years in Minnesota. I'll never forget friendly teasing from stereotypical Minnesotans commenting on my hick Missour(ah) accent.
I have used they for years, even if it's now wrong in newer ways than it used to be. :)
I have also used y'all through the years, and if I was dealing with a single human with multiple permutations to consider, there is always all y'all.
etf.db shows TMFC as passive/indexed with ER of 50 bps. Is that for Motley Fool name? There is big iShares SP100 OEF at 20 bps.
FBCG is active LC-growth with ER of 59 bps. FBCG had difficult 2022, but it leads for YTD, 1y, 2y.
https://stockcharts.…
Mac Minis were easy to sell on eBay because they were easy to package and there were always buyers that were nuts about them dead or alive.
@Old_joe's 2014 editions would have been brand new to me. If they can't run the latest OS from Apple I won…
I was planning to buy an iPad from this site to gift to someone else and so I want to make sure I inadvertently do not harm them.
Sorry. I didn't see this.
I would not recommend buying used Apple products. Speaking as a former seller of e-recycle…
This is an online marketplace to buy refurbished technology products like computers, tablets, smartphones, etc. on the cheap and with some warranty.
Pl share your experience of purchases through this site and how one makes sure what one buys does …
Many thanks @WABAC for digging up all that valuable info. M* reports 48% turnover, a fair amount for a fund following an index. Not that I object to the active management. I like your conclusion that portfolio changes had already taken place before …
Just going through the purchases since July 10 we can see companies like Zurn Elkay (water infrastructure) and Kirby (tank barge operator) among the top ten holdings.
Looking at some of the other holdings, I think the changes were underway before t…
@BenWP, https://www.ftportfolios.com/Common/ContentFileLoader.aspx?ContentGUID=678fcb8a-2c51-4ef2-a08f-c813cf67fb33
From the prospectus:
issued by companies classified according to the Global Industry Classification Standard as comprising the foll…
Since both groups generate "about as much" future return I'm not sure why one would try too hard to isolate one group from the other outside of a academic research; not that there is anything wrong with academic research.
I see that in the comments…
Structured-CLOs ultra-ST ETFs such as inv-grade JAAA and junk JBBB will do better in strong credit markets.
Question is whether their extra returns are worth the extra risks vs regular ultra-ST ETFs (ICSH, JPST, USFR) ?
Many are new, but 2022 wa…
With the stock market going up this year, my total equity exposure was not going up and so I wanted to check if I am fiddling too much with my port or my fund managers are fiddling too much.
As of 10/31, FBALX is 65% in equity and PRWCX is 60% in e…
@BaluBalu
I don't think there is much that is undervalued by much in tech these days. Given what you're looking for, an active manager might work better for you than a cap-weighted index.
I own a little in the taxable. If it's all that, it will eventually become a bigger holding. Unfortunately, my timing has not been great. So it could be a while.
As for Microsloth, their original position dates to 1995. There hasn't been much reaso…
Pfizer (PFE) is now yielding nearly 7% dividend (if they do not cut!), in case you are into return on investment. How fortunes have changed in such a short time for this company that presumably saved us from near extinction!
Viagra?
@WABAC : "Did some minor tax-lost harvesting selling FYLD and IHDG while I still had a little to the plus side."
One ETF on the plus side & one on the minus side ? Or had sold a previous winner(s
Just…
In the taxable: Did some minor tax-lost harvesting selling FYLD and IHDG while I still had a little to the plus side. To stay fully invested in the dividend sleeve, I added to FDVV, DIVO, and bought RDIV so that they are roughly equally weighted tod…
CBRDX - CrossingBridge Responsible Credit Instl. Vary strange name. Are all the other CB funds Irresponsible Credit?!
Any way, Thanks for sharing @WABAC. 60% dry powder? Good for you.
Not quite that much dry powder. Around 11% in the mm. If you…
In the IRA: Redistributed some of the cash I have been sitting on to get me up to 50% bonds. To that end I went for actively managed etf's that had positive returns in 2022. So I now have equal-sized positions in VRIG, PULS, and JAAA.
I did look h…
@stayCalm. Thanks for your thoughts.
Those data centers aren't going to run on petroleum products pumped out of the ground. If Trump wants to drill baby drill, he's pushing string. We're already the largest oil producer in the world; gas is cheap, …
