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.
That Verizon credit card is appealing for Verizon cell phone customers
with it's 4% credit for gas and all food-related purchases.
I use my Costco Anywhere Visa by Citi for gas, restaurant, and travel purchases.
This card offers 4% cash back on gas …
From Extra login security FAQs section - "What transactions require extra security steps?"
https://www.fidelity.com/security/extra-security-login
"You will be prompted to verify your identity when you perform highly sensitive transactions such as …
I've used Fidelity's Rewards Visa for approximately 8 years.
I appreciate that it offers 2% cash back on all purchases so that the cardholder
doesn't have to contend with varying cash back rates in "revolving categories."
The Week in Charts (11/01/24)
The most important charts and themes in markets and investing, including:
00:00 Intro
00:55 Topics
02:04 A Cooling Labor Market
08:17 The Expansion Continues
10:31 All Roads Lead to Inflation
17:49 Market to Fed: Slow …
"Does GMO offer any funds that incorporate Grantham’s pessimistic views?"
Don't know if GMO has any such funds.
Several years ago an article stated investments in his foundation* did very well.
Edit/Add:
"Grantham's foundation is about 60% investe…
@msf
Good points!
I realize this is "financial popcorn" but I sometimes read these articles for entertainment.
Perhaps I should pursue a different hobby? ¯\_(ツ)_/¯
The average IRA balance could be skewed much higher if Peter Thiel's IRA was incl…
Yes, this does not compute.
Possible explanations include:
a) Americans have saved huge amounts in taxable accounts.
b) Americans will sell their businesses for large profits and use proceeds to fund retirement.
c) Americans will sell their price…
An online cash transfer was initiated
Presumably initiated from the Schwab side. If it were initiated from the credit union side, Schwab wouldn't know about it until the money hit. At that point it would be immediately available.
Yes, online tra…
It works w/o margin. I placed a test order (not entered, just reviewed) in my Schwab IRA (no margin with IRA accounts). I got a warning about potential freeriding:
1. Caution: This buy order was accepted without sufficient settled funds to trade …
The Week in Charts (10/25/24)
The most important charts and themes in markets and investing, including:
00:00 Intro
00:35 Topics
02:00 How Everything Could Change over the Next 10 Years
17:52 The AI-Driven Multiple Expansion
28:29 Reaching for Yiel…
"No idea, but most prices are stale at M* Legacy, M* Investor portfolios AND M* website.
So, there must be some IT issue there."
I concur with your observation.
I login to M* and stay logged in for a while.
Recently started frequently receiving "Let's confirm you aren't a bot"
challenges where I must choose all the hats, chairs, beds, buckets, bags, etc.
M* may be "improving" their website again!
Many of these posts have absolutely nothing to do with solid-state batteries. ;-)
But that's ok - there are some interesting stories from Old_Joe and catch22!
The Astron Aerospace H2 Starfire hydrogen internal combustion engine (ICE) is rather interesting.
Corresponding infrastructure/support would be needed for hydrogen ICEs to become viable.
https://www.topspeed.com/h2-starfire-engine-promising-disrupto…
Trump has been escalating his threats recently.
He stated Democrats are "an enemy from within" that would create havoc on Election Day
and speculated the National Guard may need to get involved.
As we all know, members from the other major political…
"Hopefully people learn their lesson and build a portfolio with these products for the long term but thats not how it seems it goes. people will still pile into good performers and then sell when it doesn't go their way."
'Twas ever thus.
The Week in Charts (10/11/24)
The most important charts and themes in markets and investing, including:
00:00 Intro
00:16 Free Wealth Path Analysis
00:54 Topics
01:41 Rising Prices at a Slower Pace
06:05 Market Expectations = Fed Expectations
13:24…
"They've got an interested project, for example, on quality factor investing and the funds that seem to excel at it."
@David_Snowball
Are you referring to the following article?
https://research.leutholdgroup.com/section/of-special-interest/articl…
Benz's new book appears to examine retirement holistically.
Non-financial considerations which may lead to improved retirement outcomes
are covered in addition to the financial aspects of retirement.
I haven't yet read Benz's book, but have a librar…
I'd like to know how the creation of two customer accounts allowed access to other
customers' information including Social Security numbers and driver's licenses.
Perhaps we'll never know due to the sensitive nature of certain data breaches.
It's im…
"If one is buying anything other than a passive index, one is a trader regardless of whether your average hold period is 3 months or 3 years or 30 years. You are inherently betting that your pick will perform better than an index from an absolute re…
The Week in Charts (10/08/24)
The most important charts and themes in markets and investing, including:
00:00 Intro
00:19 Free Wealth Path Analysis
01:04 Topics
01:57 The Resilient Jobs Market
04:41 Labor Market: Still Cooling
08:34 Big Shift in Fe…
"Vanguard got their work cut for them, especially with their customer service."
The article suggests Vanguard could deploy AI to potentially solve customer service complaints.
AI can help customers with generic queries.
How will AI help customers w…
It appears the union was able to obtain decent wage increases for its workers.
I'm glad this strike didn't last long.
I doubt the union will be successful curbing automation in future contract negotiations.
The Week in Charts (10/01/24)
20 Rules for Markets and Investing...
00:00 Intro
00:20 Rule #1: Be humble.
01:11 Rule #2: Don't trust, verify.
02:57 Rule #3: Play the long game.
05:24 Rule #4: Understand that every time is different.
07:41 Rule #5: …
A bipartisan group of 741 national security leaders endorsed Harris on Sunday.
From Heather Cox Richardson's Letters from an American:
“We do not agree on everything, but we all adhere to two fundamental principles.
First, we believe America’s nat…
The Week in Charts (09/23/24)
The most important charts and themes in markets and investing, including:
00:00 Intro
00:25 Free Wealth Path Analysis
01:11 Topics
02:14 The Easing Cycle Has Begun
15:15 Everything Is Up
18:32 Is the Consumer Pulling B…
"Meanwhile, the rolling furloughs Boeing announced Wednesday for non-unionized employees — requiring one week off unpaid out of four to conserve cash — are being applied widely across all divisions, including Commercial Airplanes, Defense and Space,…
"But it seems idiotic to expect every Tom, Dick & Harry to possess the foresight and financial discipline to save for something that may well be 30+ years away and to have enough stashed at that point to make it last another 30 years if necessar…
Many people long for the era when defined benefit plans were more prevalent.
However, some estimates indicate that only ~50% of employees were eligible for pensions then.
Pensions are costly for businesses to fund and administer.
Moreover, a company…
