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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.
Thanks, @WABAC, for adding the link to the article.
For those that are color challenged (blind) -
https://www.morningstar.com/columns/rekenthaler-report/boomer-candy-sweet-treats-or-investment-toothache
I have not read JR's previous articles on…
CPSJ for July started yesterday. Not well subscribed yet. In the July version, Starting cap dropped from the May version, CPSM.
https://www.calamos.com/funds/etf/
Note that with these products, there is no guaranteed positive return, there is …
I learned today that JR from M* has written a few articles on the subject. There is a new article from him on the topic and may be someone can link that article here.
@hank, I was not throwing you under the bus. I specifically left the time trail for other to see so you are not in the cross fire.
My first reaction to Derf's question was in the same jest as his question; afraid this thread could derail fast in…
@catch22, I and others did not think or assume that you intend or meant to make this a political thread. I am open to whichever direction you want to take the thread.
Whether the thread should be moved to OT or stay where it is, my previous post s…
Yes
Edit: but @catch22 should have a say as it is his thread. Some one can help contrast today's decision to the one given in Nixon's case. In any case, I am not sure how today's ruling would impact the US capital markets in the short to interme…
Congress persons already have such immunity. They should extend the same immunity to all Judges so all three branches can enjoy the same privileges. In due course, they should extend that privilege to all corporate officers. E.g., bribes (gifts) …
Just an FYI - I am using about 10% of my total credit limit but 50% of that one card. I had previously asked and had CC companies decrease my credit limit, not knowing what percentage of available credit one is using is important.
Any way, I thi…
Yes, that kind of steep insurance increase is an eye-grabber. Let us know if you are able to confirm a link between the insurance increase and credit. I’m thinking probably not.( But I specialize in denial).
Thanks for sharing @BaluBalu.
There is n…
I have posted in the insurance thread that anecdotally I have observed that home, auto, and health insurance premiums are worse for poorer zip codes - that is based on my personal experience of living in different zip codes and also by comparing wit…
@hank,
I have one of those payment holiday cards that requires only minimum payments every month, which I am guessing is about 1% of the account balance. The balance increases every month because I keep charging it to that card.
I did not set…
@stillers and @graust,
I have been adding to NEAGX steadily hoping it will perform. Today I sold everything not subject to the 60 day Fidelity STRF. Thanks for your NEAGX posts.
@BaluBalu
I provided as much detail as I ever have/intend to provide online about our portfolio at this thread:
https://www.mutualfundobserver.com/discuss/discussion/comment/177280/#Comment_177280
Here's an update to our Market Portfolio (MP) after…
@stillers, Thanks for your posts.
Do you mind clueing us in for why you exited NEAGX? I see the negative momentum with - 1% and -5%, respectively of 3 and 1 month returns. But what is your expectation going forward that caused you to throw in…
@WABAC, Thanks for the link.
I have not looked into the fund rules (by prospectus) for syncing up with the index.
I expect passive ETFs to have cap gains of any kind when constituents get acquired or are otherwise eliminated (as a publicly trad…
I do not keep up about XMHQ, as it is passive.
I would check Invesco website for composition of distribution. M* says all income.
I have some of it in my taxable account.
"Schwab found ways to earn back quickly that account transfer bonus they gave me"
But of course. Every business needs to make a profit somehow. You can bet that Fidelity or any other brokerage is also shaving a few dollars here and there. Just go d…
@BaluBalu : Are you using T's instead of CD's to catch the tax break given by states ?
Added : Or for protect against Bank failure ?
My investing actions are not always rational. I do a lot of things out of laziness. I am still learning about my…
Hi @BaluBalu You wrote: My Treasury positions at Schwab and Fidelity matured on June 15 Fidelity moved the money to sweep account
You're using the term 'sweep account', so this transaction is within a Fido Cash Management Account?? I ask, as a stand…
My Treasury positions at Schwab and Fidelity matured on June 15 (Saturday). ... Schwab did not show anything last night and added to cash this [Tuesday] AM.
Unlike Fidelity (at least from what other posters here have written), you can trade online …
Makes sense. So, Schwab not giving my Treasury maturity proceeds until today and tomorrow being a holiday, I lose interest on those proceeds for two extra days relative to the same maturity at Fidelity. I guess Schwab found ways to earn back quick…
This almost feels like the moment when PRWCX announced closure and I snuck in before building a sizable position that's done okay by me .... I'd be inclined to get a toehold in it now, but not thrilled about having to create another account just for…
MOAT reconstitution / rebalancing is on Friday (6/21). Since the last quarterly reconstitution / rebalancing, the fund returned negative 2% while SPY returned positive 7% during the same period.
@hank,
There is a lot of froth underneath the surface.
look at the relentless insider sales at HIMS and the relentless retail purchase of the stock.
Since they announced about 2-3 weeks ago about getting into weight loss drugs, there are a lot o…
Trying to figure out if this is the thread where we discussed Schwab platform being behind Fidelity for Treasury and Agency purchases, I noticed that we completely destroyed this thread with off (thread) topics. With apologies, I go one more time.
…
I had some issues with my Healthequity account. The first line Rep said I did not know how to use their website and I immediately asked for a supervisor. The Sup had a completely different attitude. She started by saying she is confident of solvi…
@BaluBalu Around July 15th is when MRFOX updates the website with new info. Updating after quarter-end is the most efficient for them. The PM also writes, "However, I'll kick this to our marketing and ops folks to see if they have thoughts. And then…
@hank, I used to own fixed income CEFs until sometime in 2021. After that I switched to trading them but not regularly as fixed income volatility has been high. Except for MLP CEFs, the only equity CEFs I ever owned are preferred stock CEFs which…
@hank,
Unless I have a longer view, I do not hold CEFs past the day before the ex-div date. This month I sold some even on ex-div minus 2 days, which is not common for me. I sell mostly on ex-div minus 1 day.
One of the ones I sold, sold off …
Good point on the liquidity issues if not adjusted for free-float. I guess liquidity is paramount for capital markets functioning.
I see heavy insider selling in some company shares for nearly year and no insider buying. I am also seeing hedge …
@yogibearbull,
I am starting to notice that a lot of indices are free float adjusted in applying their primary criteria. That is like poring oil on fire and feeding further into prevailing retail sentiment. Is there an implication in the reverse …
@dfp749,
I see you are getting a lot of participation. I am a slow reader and a slow writer and so, I shall let you guys have a productive discussion without my interference.
If I may ask a favor, at any point, please make a stand alone (not as …
This is from a few minutes ago and i was surprised by the magnitude of change
https://www.cnbc.com/2024/06/17/nvidia-to-get-20percent-weighting-and-billions-in-investor-demand-while-apple-demoted-in-major-tech-fund.html
This seems to be the October 1 - Sep 30, 2025 outcome period version of CPSM which started on May 1. Not sure why they picked Oct 1. May be they received interest with enough size for that date to make it worthwhile for them.
It is the same with shoes. You should wear them at least once in a while; otherwise, the soles will just crumble. I stopped working soon after I bought a couple of pairs of formal, expensive shoes. When I took them out after a few years, the sol…
