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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.
HELO is meant to be a replication of all those three mutual funds. HELO is new and so may not have enough data to back test. I own it but I recognize that there is a potential cost of underperformance in the long run in a buy and forget strategy. …
His TCAF and PRWCX follow the same mantra of "you win more by losing less." I do not own TCAF but I watched it enough to know its behavior. I did not buy TCAF as it is not differentiated enough from PRWCX equity. But TCAF being small and new mone…
Is there a difference between organic chicken and regular chicken in California. I figure different states may have different rules and so I mentioned CA, not that everything sold in CA is made or grown in CA.
This post is mostly to thank @msf for the Zelle answer.
Never had a problem with JPMC as a banking or IB client. JPMC no longer offers safe deposit boxes, I am told by the manager - not sure if that is a regional or national thing.
I still can no…
"Wire form UI to other brokerages is a mess"
Please elaborate. I have not done a wire from Fido to other brokerages in a couple of years and I have a short memory for unpleasant things.
Do not you need a Fido CMA account to use zelle?
I am still curious
what was the psychology of retail investors then towards 10, 20, and 30 yr Treasuries when those yielded nearly 15%? With no risk of being called, were retail investors hoovering these instruments? If not, why not?
Were people…
"I didn’t sense as much angst among the public back then over rising prices as today. ... I think it came on gradually over many years and people got used to it. They say if you put a frog in a pot of cold water and heat it up to a boil slowly the f…
Thanks, Yogi.
I use M* mostly for charts and mostly for comparative charts. I have started to use M* Investor for comparative charts as I like the daily ones over monthly or weekly for that purpose.
As mentioned in my previous post, I am not interested in adding LCORX to my portfolio.
Thanks for the offer to educate me on portfolio construction. No thanks.
Just curious, what was the psychology of retail investors then towards 10, 20, and 30 yr Treasuries when interest rates were 20%. Were retail investors hoovering these instruments, with no risk of being called?
"The manager turnover is the main reason M* recently downgraded its rating of LCORX to silver from gold. Interestingly, LCOR retains their gold rating."
Three of the 4 managers are unchanged at least since 2015. There was one manager change in 202…
@hank, Thanks. Thought you are a prospective owner - now I know you are a current owner.
Seems like your goal is Hedged Equity. And then you are using this fund for the means by which it attempts to accomplish the goal. I probably should read…
I never had a bad experience with any of the credit unions I ever had accounts with. (I closed the last of the credit union accounts about a year ago.) One wonders why the fat cat bankers can not provide the same level of service as the credit uni…
I had previously asked the owners of this fund to share a sentence or two about the role of this fund (and PRPFX) plays or would play in their portfolio, which would give us additional context. I am not asking and will not ask them to justify their…
We still have a safe deposit box at another bank that we kept for transition to BoA. My desire to consolidate financial institution relationships down to two (or at best three) is not going so great.
I would be ashamed to work at an institution th…
@hank,
You want an active fund and you got it!
I wonder how many investors really know what this fund does when they may have invested in it going by its name, "Core Investment."
I do not know about money market comparison but you might try the f…
Here is my latest BoA experience. Took my 80+ yr mother to the branch to add her to my safe box account which I had opened exclusively for her.
First Day - the branch lady said she can not accept insurance card, Medicare, or social security card…
@David_Snowball,
I do not own the fund and have not looked up the fund anywhere. I was only guessing based on the write ups in the posts. I would say posters did a good job.
I am exploring options to consolidate my banking and brokerage relationships.
Have you guys dealt with BoA banking?
I have been a client of Merrill for more than 10 years and hence I have a BoA checking (minimal activity) and BoA credit cards.
…
IMO, Fed is not going to drop FF rates in a hurry to 4% or below, unless it sees long term inflation expectations dropping to 2% AND r* at 4% or lower. I can make a case for a total of 50 bps or less cuts this year.
I am surprised the article fo…
Thanks, David. I shall check it out but any amount of reading of discussion is not comparable to a MFO profile when available.
May be someone who owns both funds would be kind enough to do a compare and contrast - they would pick up on nuances o…
Continuing from my previous post,
In looking at a go anywhere fund, does it make sense to look at its innards at any particular time?
From a quick review, PRFPX @JD_co mentioned in the BSW thread seems to have done better over the past five year…
"Today's note: "the 21-day correlation between Large Growth and Large Value turned negative for just the fifth time in 33 years. Two previous signals coincided with major rotations into the Value style.""
If two out of five instances produced a spe…
later today, search for Rick Reider guest appearance today on CNBC (reducing equities: technology and growth; and increasing fixed income).
David Giroux and other moderate allocation funds operate within a range of risk taking and I think that is …
Re timing, all those guys that became famous for timing the GFC, did they ever repeat their timing prowess again in equity markets? A number of us in this forum time the market but any timing success I think is purely luck. I have not found timing…
