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BaluBalu
Professional Experience:
Corporate Finance (Corporate Venture Fund investments, International and Treasury finance, Public Debt issuances, M&A, Joint Ventures, Planning, Business Divestures, SEC filings);
Policy and Legislative & Regulatory Affairs - Washington DC;
Capital Markets - London and NYC;
Commercial Bank Lending;
Field Biology.
There will be a lot of public support if James Comey is prosecuted even on trumped up charges. I am expecting charges against Comey whether Patel clears Senate or not.
Unfortunately, not much cleaning up of Govt will happen if they go for personal…
Thanks, Guys.
I used Malwarebytes for a few years. I do not recall if I used their paid version but my then computer became increasingly slow after. Then I tried McAfee paid version and not sure what all it cleaned from my computer but the comp…
Unlike you cool guys, I do not have self control on indulgences and try not to visit OT, which I discovered only recently.
We should have a thread, without discussion, in the main forum for PSAs, allowing only one of the chosen ones (moderators) to…
https://www.telegraph.co.uk/us/politics/2024/11/30/trump-appoints-jared-kushners-father-as-french-ambassador/
He would have made a better Attorney General. Missed opportunity for the USA.
Consider posting useful (PSA) info like this in the main forum. I am a recent and infrequent visitor to off-Topic category and I suspect many MFO members are like that as well.
No Turkeys in this forum?
In case any one is interested, after market trades today also qualify for the TLH mentioned in the OP. Place only limit orders in after market session.
IMO, Corporate Restructuring is a painful area. Think about all the activist hedge funds and how many blow ups there have been. If any one is itching to entertain themselves with corporate restructuring investing, distress credit investing could b…
If i want excitement not provided by passive equity funds or active equity funds (practicing some element of factor investing), then I try M&A investing on my own with individual stocks than buy one of these funds. Why waste capital on one of …
Not disputing the conclusions in the OP. I certainly have done poorly fiddling with some of my accounts vs accounts I do not touch. Does seeking active over passive funds not include an expectation that the manager would practice some timing bett…
Thank you, Joe. I tried to place the trade and 25161FZX9 is no longer available at Schwab (was never available at Fido).
I bought today when the dealers were selling them in the secondary market. Transaction fees applies. Schwab quote includes th…
Yesterday's post -"3130B3W82 - Inventory at Fidelity and not at Schwab."
Today, I bought more of and whatever was left of this new issue. Currently, at Fidelity the highest yield of new issue Agencies maturing in 2034 is 5.5% (only one issue). I…
Guys,
I guess one could buy DB bond until 2PM Wednesday if DB does not close the offering sooner.
DB might close the offering before fully subscribed. If your trade does not execute on Wednesday, I would presume DB cancelled the offering which is…
Bought two new issue Agencies at Fidelity (they do not settle for a few days).
3133ERF22 - FYI, No inventory left at Fidelity (sorry I took whatever was available) but it is available in Schwab inventory; however, Shwab is charging a transaction fe…
A quick search of their site does not show these ETFs are out yet.
I am interested in the Hedge Equity ETF so I can move PHEFX out of my IRA.
Edit: The draft prospectus is dated Jan 17, 2025
2008 type event gave us plenty of lead time. Covid crash probably is a better test of “cash like.” Even that may seem like plenty of lead time vs how fast markets move these days. Yen carry trade event in Aug gave us a glimpse of our current reac…
"I have found when reviewing the available lists on Schwab, you need to 1) look at the 'yield to worst and the 'yield to call'. Those can be different than the advertised 'yield to maturity'. 2) when reviewing Schwab's lists, the longest 'next call …
"I do not currently have a single Agency bond as every one of them I bought got called."
"[A]gree, agency bonds never seem to get past the first call date for me . . ."
While that has been our collective experience, there is a non-zero probability …
Here is the link for TCAF and you guys can compare if composition is same / similar to the equity sleeve of PRWCX - https://www.troweprice.com/personal-investing/tools/fund-research/etf/TCAF
From a quick glance, there is a marked difference in allo…
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…
@MikeM, Thanks for sharing your research process. I agree with it. BTW, I owned DB equity until recently. Going forward, I will try to note each different thought distinctly.
@Old_Joe & @rforno, Thanks.
Thanks. do they charge 0.1% ($1 for every $1K face amount) in transaction fees?
I do not currently have a single Agency bond as every one of them I bought got called. I lost a 6% and a 5.6% for redemptions in the last couple of days.
About AI, Teresa Heitsenrether, JPM Chief for AI was on CNBC in the last couple of days. I tried to find the clip on YouTube (Google AI must have blocked it!). She poured cold water on the productivity gain enthusiasm from AI. JPM has spent a lot…
Thanks. Now that I look at how non-Legacy version looks, it is easier to understand the OP.
P.S.: I deleted my previous post so both your posts are uninterrupted.
I've been doing to same @Level5 for much of this year, buying higher yielding long term callable bonds where you can still get at least 5.5+% until called. I just put an order in for a 10 year from DEUTSCHE BK yielding 5.75% at call. The next call i…
What is the status of TikTok ban / divestment?
The federal government has been talking about it even during Trump 1.0 and TT continues to thrive and increase in value in the US for the benefit of PRC Party in power. There are too many US investo…
Thank you all for the additional replies.
@WABAC, As always, on the money. That is what led me to start with FSCSX and the 25% in MSFT was a turn off for me. I do not mind focused / concentrated portfolios but 25% is too much for a Trump Presiden…
Undervalued but has a potential for upturn - Software and related services, I am told. XESW though has done well YTD. I have not looked why or what is inside it. Not sure why IGV and FSCSX lagged.
Edit: deletions for correction of errors. For m…
Thanks for all the replies. I read the fund page at Fidelity before posting.
25% in one company and not sufficient discussion from the manager about it.
I know there is IGV. I will have to explore what else is available in the space.
Having sa…
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?
You mean it …
