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Thanks for all the input and interesting ideas.
I missed the M* article, but I have dropped a lot of their stuff as it is all nonsense.
How can you take a firm that claims to be aimed at individual investors seriously, when it includes funds (GCC…
Just scanned the Krugman article. But inflation is sure to be “weaponized” by the right - has already been to an extent. (What’s new there?)
The right lacks any coherent policies or initiatives other than opposing all Democratic ideas.
They'll cont…
"The good news is that if you believe that innovation in climate technology is set to take off, the investment industry has introduced a raft of new funds globally. The bad news is that many are unproven and much more volatile than diversified equit…
He's damned if he does...
"Word that the Biden administration was quietly studying the potential market impact of killing the Line 5 pipeline, first reported by POLITICO, set off a firestorm of criticism from Republicans saying the move would worsen…
"Fifteen percent of households in the labor force without employer-sponsored pensions indicated owning an IRA in 2019."
Congressional Research Service, Individual Retirement Account (IRA) Ownership: Data and Policy Issues, Dec 9, 2020.
https://…
Roth IRA used to have $2,000 limit when it started in 1998. Many people don’t have jobs with 401K) and 403(b) plans. How can one save enough for retirement with $6,000 and 1,000 catch-up, per year?
I converted my small Traditional IRA (~ $35K) to a…
I didn't interpret your comment that way.
Speaking from experience, sometimes doing nothing is the best option but it may be difficult not to tinker.
I believe Jack Bogle said: "Don‘t Do Something - Just Stand There!"
This is in response to stillers preceding post which was subsequently deleted.
The gist of the original article suggests that overconfidence leads to excessive trading which often results in lower returns. These particular issues are not necessaril…
IMHO, this is the best "cash" option available today if your holding period is at least one year.
However, you can only purchase $10K of I-Bonds per year (additional $5K possible using tax refund).
The $10k limit is per individual/account. Spouses…
IMHO, this is the best "cash" option available today if your holding period is at least one year.
However, you can only purchase $10K of I-Bonds per year (additional $5K possible using tax refund).
Last year the SEC temporarily suspended trading of Zoom Technologies (ZOOM) partly because investors were confusing it with Zoom Video (ZM). Zoom Technologies also had not publicly disclosed any financial information since 2015.
"Some of the tech sector’s largest constituents could be reclassified: Visa (ticker: V), Mastercard (MA), and PayPal (PYPL) would move to the financial sector; Automatic Data Processing (ADP) and Fidelity National Information Services (FIS) would jo…
We did an IRA transfer from Fidelity to Vanguard a year ago that went via ACAT, just as Observant1 described. When I spoke with Vanguard I was told that the medallion guarantee requirement originates with the sending brokerage. If they don't req…
Thanks for the info!
Taking this all into consideration, purchasing ProShares UltraPro Short on Wednesday may be warranted.
This ETF offers 3x daily short leverage to the NASDAQ-100 Index. ;)
Here are notes related to my 2019 account transfer to Vanguard.
Changes may have been implemented since then...
Will I pay any fees for my transfer?
Vanguard doesn't charge any transfer fees. However, you'll need to contact your current financial…
According to M*, HSGFX has $365.7 Mil in assets.
I wonder why investors have stuck with this dog?
This reminds me of the Steadman Fund family.
Pundits have labeled several Steadman funds as the worst of all time.
"You might wonder why anyone would …
Mr. Hussman was renowned for predicting the market meltdowns of 2000-2002 and 2007-2008.
He has been a perma-bear since then.
When you look that up (perma-bear) in your Funk & Wagnalls, there is a picture of Mr. Hussman!
Long-term HSGFX and HSI…
For the moment at least, one can read M* analyst reports via Firstrade. For example, here's their page for VTCLX; just click on "Read full Analyst Report" under "Morningstar's Take".
https://www.firstrade.com/content/en-us/researchtools/research?t…
@rono,
I'm also very tired of this bullshit.
Although my punishment may be less severe than yours, I hope these traitors are held accountable and are prosecuted to the full extent of the law.
@crash - it's not for everyone but
IOFIX - 1yr.: +18.29% although after last year there really wasn't much place to go but up.
YTD: +13.7%
Yield: 3.98%
IOFIX generated excellent category returns from inception (05/28/2015) through 2019.
IIRC corre…
There has been plenty of discussion about whether recent inflation is transitory or not.
The "experts" disagree on this topic.
Here's a look at S&P 500 (and its predecessor) calendar year returns along with annual inflation.
Link
I don't have much confidence in the M* Quant Ratings after reading a few of them.
Although M* Analyst Ratings are often much better, the quality varies and is dependent on an analyst's skill level.
Are you concerned about the Matthews Asia personnel turnover in 2020?
The following portfolio managers left the firm last year:
Tiffany Hsiao, YuanYuan Ji, Beini Zhou, and Lydia So.
Yu-Ming Wang, president and global CIO, resigned from Matthews Asia…
Although Pimco Income is a decent multisector bond fund, I don't expect the fund's excellent past performance to be repeated. The fund's managers made astute investments in legacy non-agency residential mortgage-backed securities (RMBS) after the gl…
I received an email invitation today from Vanguard to "Enhance your portfolio with our new active fund."
The email contained this link with more details about the Vanguard Core-Plus Bond Fund.
I am considering the fund but will wait until the subsc…
I recently read a very informative article from the Washington Post regarding supply chain issues.
U.S. ports and railroad yards have huge backlogs with many containers awaiting delivery.
Shipping costs have greatly increased.
Our physical infras…
I like Vanguard Tax-Managed Small Cap (VTMSX) for taxable accounts.
The fund attempts to tracks the S&P 600 index while minimizing taxable gains.
VTMSX has performed well vis-a-vis small blend funds since my initial purchase approximately 10 y…
