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.
Update on account transfer from Vanguard.
May 1st after market Close, I submitted the request at Schwab.
On May 2nd, without any alert / notification, Vanguard promptly cancelled my buy order and did not allow me to cancel my sell order. Simultaneo…
@hank, check out DYNF, an active multi factor (or factor rotation) 5 yr old ETF from Blackrock. The ETF could not pay to get AUM until this year. Then all of a sudden 95% of the inflows came in 2024, with $4.5B coming on 2 days. Now, it has more …
Betting on America, I bought BA stock in the after hours as I did not see the launch being cancelled yet.
and then this -
https://apnews.com/article/faa-boeing-787-inspection-investigation-4b6ac28d8ab0d7687112e2cbb7bf6e00
This is how a culture pr…
@old_joe,
Thanks. I am fairly certain it is a Fidelity Community thread where at least one Fidelity Rep participated. I tried to search for that thread using the Community search function but could not locate it. I go there only once a month an…
From the comments, I think all you guys, just like me, are passive holders of PRWCX. I tried to make extra effort not to sound alarm about the fund or PM as I was afraid some posters might take it that way. I am not concerned about the fund but b…
Thanks, Yogi.
When I have time, I would like to dig up that previous thread on how a brokerages apply (FIFO vs cost basis) STTF (and short term redemption fees). If it is not here, it would be at Fidelity Community.
https://www.fidelity.com/mutual-funds/all-mutual-funds/fees
To me, the Fidelity text on short term trading fees (STTR) on transferred OEFs is not as clear as Schwab's ("Schwab's short-term redemption fee of $49.95 will be charged on redemption of f…
They can not bill you for the IRA. If you are fully invested in your IRA, how does the outgoing company charge their fees: liquidate pro-rata each of the investments?
"How Schwab handles free cash is the only serious problem I've had with them since moving from TD back in Oct 2020."
I thought their handling cash has been the same ever since the acquisition was announced. So, even if you were to stay with TD unt…
Harry Sit created a guide for transferring Vanguard accounts for those who already decided to leave for one reason or another. Everyone should make their own decisions and many should perhaps stay at Vanguard.
https://thefinancebuff.com/steps-before…
Moved all our VSCSX to VG mmkt (5.28%) to be re-deployed into individual t-bills, notes, bonds (upcoming 3-yr and 10-yr auctions). Moved an overweight position in VWIAX to VG mmkt for future reinvestment to VTI, JQUA, and individual treasuries as w…
Try not to do full account transfer. As some here have already suggested see if you can do it in two steps: partial account transfer leave a few dollars and then closing account. Check if there is additional fees for the two step process.
I learn…
I'm sorry some of you have had poor experiences with Vanguard. Our experiences have been exactly the opposite. We have had accounts with Vanguard for 30+ years and have received excellent support. I don't want newbies reading this thread to think Va…
@BaluBalu, bought at Schwab, yesterday in the A.M. It is not on the list this morning. .
Thanks. Last year I bought a few agencies and all those got called after rates bottomed in Dec / Jan. Fidelity is currently showing 6.1% for a first settlemen…
I saw today’s Fed action as no change (no news) from what was disclosed in the previous FOMC release and presser. As Yogi said everything was well telegraphed. So, not sure why the market went up initially.
Thanks, Yogi
Thanks.
I get that the principal policy tool is FF funds rates and not the balance sheet but could you please remind the forum why the Fed chose to reduce QT, rather than drop an equivalent FF rate (may be 0.25%)? They may have discussed this in t…
Thanks, Guys, for the replies. I now see the email I would have ignored if not for the thread. Submitted a request at Schwab to pull the Vanguard account. VANGUARD BROKERAGE SERVICES (ACAT) DTC 0062.
I would take a picture of the account holding…
@davidrmoran,
i hope you recover soon.
I have my car insurance through AmFam for sometime and I do not shop around. Many, many years ago when I took their auto insurance, they were quite expensive for home insurance but they no longer underwrite …
Thank you, @Theshadow.
"The Fund’s return will be further reduced by brokerage commissions, trading fees, taxes and non-routine or extraordinary expenses not included in the Fund’s management fee, as described in the prospectus."
I am reading the …
Like many things in life... simple is better.
Yep. That is what I try to live by for my money / in my life.
P.S.: 2 yr GS CD: CP brokered CD at Fidelity is at 4.9% vs at Marcus it is 4.2% - no judgement on my part. It is true that reading agree…
@larryB, Zip Codes or some other geographical segmentation probably also determine crime and potential for damage. No? Housing density may also be an issue for the potential for large scale damage per sq ft covered.
Location also could cause the …
This may be a digression but how many of you Californians have earthquake insurance? (I do not and none of my friends and family do - may be we are all asking for trouble!)
P.S.: @larryB, I checked with all my extended family members and reached a…
Thanks, @msf. if Marcus offers a different term (not 20 mo) RBCD at a higher rate after one invests in a RBCD, can one still request a bump in rate or does the term of the newer RBCD have to be the same as the RBCD initially invest in?
The more …
@BaluBalu, minimum is $10,000
CUSIP: 3130B13H8
Security Type: Government Agencies
Issuer Name: Federal Home Loan Bks
Maturity Date: 05/03/2029
Coupon Rate: 6.250%
Thanks. I was going to buy it at Fidelity. The first settlement for this is May 14.…
I was looking at Rate Bump CD at Marcus by GS. It says, "Prior to maturity, you may request a one-time rate increase to the highest APY and interest rate we offer for the same Rate Bump CD term as of the day of your request." [bold added]
Current…
Bought a 5 year government agencies bond today yielding 6.25%. Callable of course.
I had some treasuries mature today and am interested in the issue you bought. Do you mind sharing the CUSIP? Message is fine too.
P.S.: MJ is up cause of news he…
What is work from home “subsidizing”? Both my daughter and son in law work from home. They use less gas, drive less miles, don’t use dry cleaners, don’t eat lunch out, buy less clothes,,,, not inflationary at all.
I fixed the Apple auto correction.…
@junkster,
In my universe of watch lists, managed futures ETFs, MMM, SNAP, HC, and utilities are doing alright today. Even nuclear based stuff is seeing big red.
Two years ago, I would not have expected floating rate stuff to do well for this lon…
How do we [investors] solve / decrease the burden of rising insurance costs through targeted [personal] investments? Any ideas and discussion would be great.
Insurance and work from home are two of the biggest reasons for services inflation. The second cause is slowly subsiding as more and more employers are requiring full time office work, which hopefully will also cause the wild swings in individual s…
In one of my first posts in this thread, I reported approaching my insurance co re increasing deductible by 2,500 to $7,500. The premium would go down by $80 on a $1,800 renewal which was not much of a decrease. The choices I have are stay with cu…
