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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.
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…
"a CD of any bank that has the potential to be forced by regulators/ FDIC to be taken over by another bank, the acquiring bank is allowed to change the interest rate on the CD for the remaining time period prior to maturity - generally speaking.
Ye…
There are institutional share classes and institutional investors. Schwab has designated more funds as accessible only to institutional investors / advisory platform; some of these funds are accessible to retail at Fido but the institutional share …
What purpose is RPHIX currently serving in a portfolio? Perhaps, looking for active management in anticipation of drop in yields at the short end? But at 1% ER? I think @WABAC or some one else already commented recently about this high ER. Also,…
Thanks, Guys.
Beyond pricing, having a responsible, problem solving Rep has the benefit of assigning any issue one might have so you can go do other things. It is easy for many Reps to just explain away the issue or give you a "N0" or "can not b…
@MrRuffles, if you are willing to disclose, do you have an advisory account or other special account at Schwab? How did you come to have a dedicated remote CFP assigned to your account when you already have a local branch rep assigned to your accou…
What is the difference between VMFXX and VMRXX, except for the 1 or 2 basis points 7-day yield difference?
VMRXX product summary from VG website: "The fund invests at least 99.5% of its total assets in cash, U.S. government securities, and/or repur…
I asked my Schwab rep out of Texas if they could waive TF’s on a number of MF’s after a rep in my local office gave me the thumbs down. The remote rep was happy to do it and I just had to inform them after making my purchases.
It seems it is discret…
Sorry about that. Please see above ER for completeness.
You are good. I was not referring to you or any one in particular but was making a general observation for improvements in sharing info.
@Mark, Both Schwab and Fidelity charge their own fees only on one leg of the transaction. TF funds charge when buying. NTF charge when selling if there is a violation of minimum required holding period (multiple violations attract multiple fees).
"The rest i will sell in the future without incurring fees at Fidelity. Can’t exactly do that at Schwab."
Try finding earlier posts re Schwab fees on mutual funds transferred to Schwab. As of a couple of weeks ago, Schwab did not impose its own ST…
Just an FYI FWIW -
For a number of years now, my home and auto insurance are with separate companies. I could not get them to be cheaper with the same company and with multi-policy discount. In any case, at renewal time of my home owners' I trie…
As rates are stabilizing, I do not see an edge over the past one year. Since storms are always possible, May be this can have an appeal in the future. I personally do not pay a ot of attention to M* medal ratings but pay attention to their * rati…
@rforno …. Thanks very much for posting this. I didn’t realize that Schwab was charging so much for their MMs. I will have to explore some of these alternatives that folks here are recommending. So did you put all your excess cash into SGOV?
Are…
Telling the members that the fund is new but no other facts about the fund is not useful, unless you would like members to tell you that it is OK to invest in a 2 yr old fund. Some of us do invest in newer funds. irrespective of whether the manager…
Fido website trade ticket is so archaic. What is up with the default Type margin for Buys and default Type cash for Sells? They do not seem to want to change while admitting that it is a nuisance for clients. You can not also submit a GTC + exten…
This SEC has been a disappointment. They are just entertaining themselves with small stuff and missing big stuff like SBF. The whole Alameda and FTX complex was allowed to continue until market forces took them down. One may say prior SECs were n…
Not sure how we can keep pulling up the market without software names and small caps going up. Sold small cap software names and bought industrial value to keep equity constant but unwittingly this further reduced my tech exposure below market weig…
An update on fund flows -
The fund had the same or higher inflows than the previous month since Sept 23. That trend broke in May when the inflows are about half of those in April.
