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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.
Pure speculation on my part but I do not believe Fidelity would have hit me with margin for any equity trades made yesterday.
If non-sweep Fidelity MM are not trading yesterday and if you did not have money in the sweep to cover your trade, then I e…
Sold fmsdx
I do not see any green across any of my risk asset watch lists. Good timing on your recent selling.
Are you done selling or more risk off to go?
What percentage of portfolio are you targeting for low to no risk (fixed income + MM + cas…
I'm getting an education. Very late last night, I also uncovered the fact that PIAMX is CLOSED---- though wonderful M* asserts it is open. Horsefeathers, stinky poopy. Wasted time. Thanks for the explanations. Lessons learned, as I go sliding down t…
So, NVDA got a 2.1% weighting in DJIA ( it has a 7.1% weight in SPX). While SHW has a 0.2% weight in SPX and 7.1% weight in DJIA. The magic of price weighting in DJIA
This post is a true off Topic but relevant in the current political environment.
My second grader niece goes to a public school in the Bay Area. Both her parents hold masters degree in engineering. The kid was sick with cold and cough and night s…
@BaluBalu, check your preferences:
Username (click) / Edit Profile / Notification Preferences.
You may have turned them OFF.
I did receive notification of your post because you mentioned me.
Tariffs do not necessarily increase inflation in a true sense (it is a onetime increase) but the permanent elevated costs can make consumers miserable if tariffs are not borne by sellers / suppliers (and what is their incentive?). There likely is g…
If Trump is expected to stop all wars, why is the US defense industry stocks going up so much on Trump election. I think many industry stock price bumps must undergo some unwind soon because everything, except HC and utilities, went up and everythi…
Thank Joe. I am not receiving notifications unless someone uses ‘@BaluBalu’ in posts. But messages I have not red are marked as read even when I have not read them.
P.S.: the imprecision (inefficient?) of English language is occasionally making…
Thanks. If I did not look at your post, I would [NOT] have thought every aspect of fixed income did well / +ve last week. Mortgages is a huge sector of fixed income market and it would be great if you could add MBB to the list.
Edit: added the NO…
+1
I think developed Europe economies are going to do worse in the next four years as they spend more money for their own defense and that of Ukraine. Add to that Tariffs, US multinationals which also get a lot of their revenues and profits from Eu…
I also try to buy an ETF (GRNY) today at Merrill which Merrill blocked as high risk. Unfortunately, the online message is a page long with various reasons including “not sufficient funds” for rejection. So, you are baffled. I called the CS and the…
I submitted an online application for Merrill CMA (taxable brokerage) by logging into my existing accounts (IRAs). After a week, when I called them, they said, the application is pending because “we are going to request additional documentation.” W…
Thanks @WABAC. I Know you redid your fixed income funds. What do you have now?
I own a little of CBLDX, NRDCX, and DHEAX but mostly in USFR and MM.
Fixed income and Chinese stocks exhaust me - too many hot stove moments - but I am still in Chine…
To some of the earlier posts, you might miss out on some good people in life if you prejudge them based on which party or candidate they vote for. I personally know some disgusting people from both parties. (Apologies if this implies I am judging …
Until today, I had not read this thread after the first two posts.
When I discovered my mother does not receive the higher spousal benefit, I took my parents to my local SS office (when they retired, they moved States to live with me) and apply fo…
Powell said several times the labor market is strong and then he said once that the labor market is less tight today than it was in 2019 before the pandemic.
Really? Was the comparison to 2019 accurate?
The rise in breakevens since the previou…
@BaluBalu: here is the link to the M* pages devoted to the Composite Index, symbol
MSDIMWMT. You’ll find all the relevant data and a chart therein.
https://indexes.morningstar.com/indexes/details/morningstar-wide-moat-composite-FSUSA09PF6?currenc…
@BenWP,
Do you mind sharing the ticker for the composite index or share a long term comparative chart showing both the Composite and Focus?
BTW, I would rate my investing skill as average at best with a lot of room for improvement. Almost all my n…
From Ed Yardeni today:
"We're sticking with our investment recommendation to Stay Home rather than to Go Global. In other words, overweight the US in global stock portfolios.
For now, we're also sticking with our subjective probabilities for the f…
So, I went to BB and saw the following discussion from today:
Poster Win1177 posted,
"I was surprised by the outcome and vote. I thought Harris had momentum and enough women who were “pissed off”/ incensed by Trump that they would vote against him…
Democratic party can start their work / campaign for the next election today. If I were them, I would pardon right away all the non-violent Jan 6ers (no point ascribing intent), given that in a couple of months all cases against Trump will be dropp…
We had to buy a new stove and a new bed frame recently. I'm glad we did that before the tariffs hit.
That is a good idea. I should start making a list of things I might need to buy in the next year and may be accelerate the purchases.
@BenWP and @BaluBalu, follow this link and click on the Comp tab. It looks like Van Eck has at least five other moaty funds.
I know. At some point, I went through all the indices and investment strategies offered by M* and was surprised that they …
@BaluBalu: MOAT’s largest allocation is now to healthcare (22%), not a hot sector these days. Mid-caps XMMO, XMHQ and VLIFX all had good days, in contrast. I have wished that Van Eck or another fund company would offer an ETF based on the M* Wide Mo…
Let me offer this to you guys and take it for what it is worth -
When I accept all the bad things some of you ascribe to the other side (and repeated in the media daily) as a given, I can not help but think "Seems to me it should have been a cake w…
And 72,389,776 people… The popular vote was a landslide.
A 3% differential is usually not referred to as a landslide. But hey, whatever narrative works for you.
Kamala 67,878,826 votes
Trump 72,560,841 votes
I get 6.9%. Yes, it works for me.
…
