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.
Support MFO
Donate through PayPal
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.
Anyone that transferred HSA to Fidelity,
I would like to gather your personal experience which I recognize may vary and could be different from my eventual experience:
Did Fidelity reimburse any fees charged by your HSA provider for partial or fu…
@BaluBalu RE: MRFOX I'll get back to you.
Appreciate it. Not having more contemporaneous fund info is making it difficult to hold. I hope they put out commentary at least once a month. When the fund is underperforming is when we need to hear more…
Credit user davidmoran for sending this link:
https://www.snideradvisors.com/blog/dividends-play-a-big-part-in-performance/
@dfp749, That is a promotional material meant to appeal to one’s deep seated anchor, if any. I am more inclined to read the …
@dpf749: "PRCWX traditionally lags its peers further and further as the year goes on, then distributes a massive dividend and CG payout in December, putting it squarely back in the pre-tax Total Return lead."
@BaluBalu: "@dpf749, I do not think it…
@dpf749, I created a thread for you here https://www.mutualfundobserver.com/discuss/discussion/62401/is-tr-of-an-oef-directly-proportional-to-the-amount-of-distribution-paid-by-the-fund
If you would like me to change the subject or OP, please draft…
@dpf749,
It seems you feel you have a nuanced view on the general subject you have been discussing in this thread that others are not zeroing in on. Since your view is not limited to PRWCX but applies to mutual funds in general, do you mind openin…
@Observant1,
I am with HealthEquity and they do not allow in kind transfers either and my State does not recognize HSA which means State taxes to liquidate and move. I may still do it if the market crashes in 2025.
But you may have leverage I do …
@msf,
I made this single sentence paragraph to set it apart for a reason - "The fund commentary indicates the fund was not static and had turnover during the quarter."
If I stated the following in a separate paragraph perhaps it would have been ea…
@stillers,
While I am not directly invested in the AI theme, I would appreciate you telling us when you think it may be time to get off the semi-conductor or Nvidia trade train (or when you sell). I know from your posts that you are directly inves…
@msf,
You spent all that time and effort for your reply post which I read and re-read three times to see if I can get any value out of it and I could not find any.
I recognize there are posters in this forum at different levels of knowledge, dil…
@BaluBalu The only thing I can add is that she isn't sure about when to close the fund, specifically would it be unannounced or be announced later. She said, "I don’t know but we don't particularly want to accelerate the pace…."
Hi Dennis, Do you …
@Baseball_Fan,
Concentrated funds are OK as long as the managers are not averse to portfolio turnover. M* shows MRFOX has zero turnover (8/31/2023) and AKREX at 2% turnover. Not sure what the current MRFOX turnover is. I was hoping with heavy in…
They took nearly 1.5 yrs to move client assets in stages. The final May 13 move involved only 10% of accounts. (After my account moved, the Schwab Rep put me on hold and accessed my TD account.)
I have not withdrawn money from an ATM or from a teller since before Covid. I just keep the ATM card as a back up if my credit card can not be used.
I never signed the back of the credit cards and so did not know that the new ones do not require y…
Schwab website seems to breakdown more often these days. In my accounts the cumulative Day's change today, at the top of the positions page, is more than +50%. But the actual change is correctly negative.
Yesterday, they had log in issues. I cou…
@rforno, thanks for the ProTip. I sent a few suggestions and issues to fix to Schwab through their message center because I was not sure if there is any Schwab internal follow through for my over telephone conversations. Some of which were outright…
High D/E companies (and funds) which tend to be more in the Value camp did not do well today after the hawkish tilt during the presser. I would have thought the real news is the CPI release and today's presser really did not have any value but the …
Thanks @msf and Dt. Somethings for me to consider. I am unlikely to transfer more assets to Schwab for a while.
Just curious why does Merrill still keep the Merrill Edge platform which was useful when there was commission on stocks and ETFs. I…
@yogibearbull,
In my multi-tasking I did not catch this - "Internal review of the Fed will start later in the year." Could you please elaborate?
Also, did JP say that two months in a row of data is not sufficient for him to assess if there is a d…
@msf,
The Merrill cash bonus offer looks better than anything I have seen elsewhere. I did not see the program end date if there is one.
I would be interested in an ACAT transfer from Fidelity IRA to Merrill IRA. I checked a few Fidelity funds…
Broadcom also announced a 10 for 1 stock split. It would be interesting to see how the stock price of the last 10 companies that have done stock splits has done over the next six months, 1 year, and two years - just to get a sense for how long the …
@rforno,
Save chat discussion in case the advice you receive is wrong - it does happen. Also, you can politely ask for a supervisor and the Chat rep will get you one. IME, getting a supervisor on Chat is easier than on the phone and these supervi…
Bought before FOMC. Could not tell the inception AUM but the Volume was good. It is possible it was marketed well.
I did not add after the initial purchase because AUM is not increasing after the first 10 days when it gathered about $90M- current…
Rev Rec rules require a Co to meet criteria before booking revenue. Google or ask ChatGPT for those rules. I am sure NVidia are meeting the criteria in booking the revenue from the Co that is providing them cloud services. I am not sure money needs…
@msf, May be share with us as many or as few examples as you are able to about why T+0 is a concern. Right off the bat I am not able to imagine any. This is an educational enquiry for me.
"MMFs at Merrill (generally next day settlement funds don't restrict transactions to whole dollars)" [underline added to show the previous link location.] FYI - The link takes one to the login page.
"A couple of quirks with buying this [FSIXX] vi…
Below is the latest VanEck commentary (Mea Culpa?) about MOAT. YTD, its TR is lower than that of many bond funds, including your MMs, but ample volatility is provided for free. MOAT is a good example of how anti-momentum can hurt; I do not see a w…
In think what @baseball_fan is asking is if there is a potential fraud involved in Nvidia's revenue recognition? I would venture to guess there is probably some creativity involved (let us say, no more than 5% of the revenue) but within the bounds …
Thanks, @larryB. I had not considered the possibility that the insurance companies may eliminate the agents if all the companies are doing is renew existing policies and not write new policies.
"Several major insurers have limited or stopped writing new homeowners policies in California due to wildfire risk and rising costs. This includes State Farm, Allstate, Farmers, USAA, Travelers, Nationwide, and Chubb."
This probably limits policy c…
@chinfist,
"Every time frame I have looked at (1 month, 3 months, 6 months, 1 year, 2 years, 3 years, and 5 years) RPHIX has outperformed USFR. Expense ratios can be important, but ultimately don’t matter if the returns after the expense ratio are …
Personally, I would care more about getting access to as many funds as possible than having to pay a transaction fees. I am fine to pay Fidelity's $50+$5 (auto pay). For example, I can not buy QLENX in my Schwab retail account ("institutional cust…
