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.
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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.
I do not think I was thick skinned when I was unemployed a few years at a time or when I was employed for that matter. If I were thick skinned, perhaps, I would not have been as unemployed as I was. Once I decided I am not going to look for a job …
Yep. I added more last week. I am probably down about 5% in the current foray into this stock - third time in four years. I started the first time during Covid at near $100. I will hate to give back any profits I already took on BA stock. Each …
As a shareholder, I am fine with the wage increases. Co initial offer was 30%. They recently announced 10% layoffs across the board. So, there should be enough productivity gains. I am happy they will be back to work soon.
I just need the execs…
Hi @catch22,
Sorry to hear your back to back health / medical situations. I hope you make a full recovery and adjust to the changes.
please reconsider the end date for this series. You can skip some weeks to attend to personal matters / vacat…
and finally,
"Boeing, Union Reach Tentative Deal to End Strike. Wages Would Jump 35%."
https://www.barrons.com/articles/boeing-union-tentative-deal-strike-b8023738?mod=Searchresults
"Posts in only the following 4 categories show up in MFO Discussions feed: Fund Discussions, MFO Premium, Other Investing, Technical Questions."
I like it this way - not putting the Off-topic threads into the general feed. If I am itching to enter…
@Junkster,
Yes, the dividend was 14.4 cents.
Thanks for catching my error. I crossed off the erroneous info in my last post so others are not mislead. My bad for not remembering that EMPIX has switched to monthly dividends. Obviously, I do not…
Got it. There is only ONE forum, MFO, which has a few pre-designated "CATEGORIES" under which threads / discussions can be started and had. Off-Topic is one of the CATEGORIES (see the left margin of this page), not a separate forum.
For the day, CBYYX +0.7%, SHRIX +0.66%, EMPIX +0.63% - 0.77%. That is a big divergence between CBYYX and EMPIX. With today's divergence, EMPIX fell behind CBYYX by 0.8% in Milton effect. I hope CBYYX is not going to give back today's gain on Mond…
Seems like overlapping regulatory bodies with neither of them being held accountable for the ultimate outcome. When parents bicker, kids take advantage, which is what BA is doing. May be the bigger problem is our non-functioning / non-effective Go…
@Crash,
Making me do more work?!
Your article says, "Net of interest earned on the government’s investments, the total was a record $882 billion." Consistent with the rounded $900B in my post.
"off-topic" forum? May be share a link so I can che…
There is always makers and takers in personal life and at society level. Many of those guys / States making noise about the huge deficits, immigrants, etc. are not necessarily worried about the future of the country (they already think they are a d…
Today seemed like a good day to sell THOPX and WCPNX. That leaves MNHAX as my longest duration bond fund. It has been fairly steady so far. I'll be keeping an eye on it.
Here is the Yahoo print of the Bloomberg story mentioned by @BaluBalu above.
k…
I don't know about nukes, but green-hydrogen fuel cells are going to replace batteries sooner than we think.
At a campaign pit stop, DJT gave his pronouncement against hydrogen. As is customary for him, he took the crowd along with him in mocking …
Berkshire sold its BYD stake down to 5% from more than 20%, after holding it since 2008 (bought initially for approx $1 a share). That made me think may be battery technology does not have as much a future as is needed for non-nuclear renewable ene…
last week I bought a few thousand SMR and OKLO to increase my nuclear energy investments.
WOW up 75%!!! Unfortunately the "few thousand " was dollars, not shares
SMRs will allow decentralized infrastructure, increasing national security, lower Gr…
Time to move to Vanguard Treasury MM, VUSXX, 7 day yield of 4.85% from 3mo Treas Bills at 4.65% (after today's rise of 2 bps) & USFR?
Fidelity Treasury Only MM (FDLXX) at 4.51% - come on Fidelity.
"The above example not applicable to the CrossingBridge funds as they are priced in micro cents daily and you could never see an unchanged NAV day after day. Not sure I have seen bond funds priced in such manner."
You are too kind @junkster.
The i…
Several years ago, in a discussion of those two types of bond div accounting, Yogi coined "accrual" vs. "NAV flow" as handles for them, which has always seemed pretty transparent language to me.
If we want to get accounting geeky, both are accruals:…
@Mona, It makes no difference in proceeds.
Edit: There can be tax differences whether you sold before or on or after ex-dividends.
BTW, I edited my previous post to elaborate.
"Also I have a quirk when it comes to OEF bond funds. I prefer the ones that pay daily vs. the ones that pay monthly."
I share that feeling because the monthly ones give the illusion of smoother NAV than what the NAV otherwise would be. They do n…
"Also I have a quirk when it comes to OEF bond funds. I prefer the ones that pay daily vs. the ones that pay monthly."
I share that feeling because the monthly ones give the illusion of smoother NAV than what the NAV otherwise would be. They do n…
I bought something and sold Schwab MM fund on Friday. What I bought settled on Monday and evidently Schwab MM fund settled on Tuesday because Monday was a holiday for the MM fund, resulting in an overdraft and trading violation alert because it is …
I never listen to the guy on purpose but today I was on bloomberg and noticed that they are interviewing him. So, decided to give it a go. I recommend listening / watching the interview if a recording is available - does not matter whether you lik…
I really do appreciate those of us here who are able to admit that we sometimes try things which turn out to be not such great ideas. Pretty real, compared to those few who have never made a mistake or done a bad deal.
2024 is a shameful year for me…
Trust me. Many of us that do not post our trades continue to have some horror stories of our own. E.g., I would never be hired to manage others' money.
I do not know anyone in our forum that has said (since I joined) that they have never made a …
@yogibearbull,
In continuation of my above post, why are other brokerages allowing same day settlement of their own Money Market funds, unlike Schwab? Does the settlement timing depend on how the fund is set up (e.g., prospectus) and somehow the …
