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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 @MikeM2. JEPI does not appear to be a clone in performance, strategy, yield or how M* classifies it. But it is interesting enough that I have added it to my home work. Thanks.
Are she and Musk related? They are such an outside the box talkers, except he made money for people who got on his train(s). Both moved to a no income tax state as they became rich. They certainly fill a need / role in the market place / society.
@msf, Sorry to hear your troubles with TRP. They are as bureaucratic as Vanguard are. So, you got a double dose in a single transaction. For your troubles, the market rewarded you with some gain. Looks like you do not have a brokerage account at…
Sorry everybody, I meant JHQAX, as you guessed. @MikeM and @Yogibearbull, it is not available to new investors at Schwab - I tried to place the trade and got rejected.
GTTMX is a Target Date fund. As with many of them, it is a fund of funds.
@O…
Recommendations having read just the “What to do”: do not short the market, do not bother sector tilts, go for factor investing. If one wishes to pursue factor investing, there are ETFs and OEFs to try. Having more than a couple of these vehicle m…
Thanks @ Mark. I guess then valuations or not, one needs to look at fund mandate? I have heard this recommendation from money managers to invest in Growth-at-a-reasonable-price” stocks too many times and always wondered if there are any vehicles w…
“Growth-at-a-reasonable-price” stocks? Is there a vehicle (OEF/ETF) with a mandate to invest in these stocks? Do all div growth funds fall into this category?
@Theshadow,
Do we want to keep adding ETF YE distributions in this thread? If you prefer a separate thread, I can start a new thread and copy YBB's post there but such a new thread needs to be pinned to the top. Some fund companies only or primar…
"Our forecast is to have a negative return on US stocks over the next seven years. I strongly believe that will be accurate."
GMO's largest equity fund, GQETX, and probably has more than 50% of all their equity AUM.
https://www.gmo.com/globalasset…
I think you guys understood when I said “I have followed Grantham's various public pronouncements about equity returns for the past 10 years,” I only meant I noted his pronouncements (and prepared a watch list to validate his pronouncements.) Lucki…
FWIW,
I and everybody I personally know invest based on our view of the future - I.e., personal predictions - and within the limitations life imposes on us. Agree that prediction in this context is not the same as certainty of outcome.
I have f…
Notice, Grantham for all his long term predictions does not invest his funds in line with his predictions. You can check his funds' portfolio composition and performance to see whether they reflect his predictions. If he does not pay attention to …
All the Fed Governors / Vices & Chair and regional Fed Presidents are also heavily into equities. So is the executive branch of the Govt and Congress, which of course is widely known because of their insider trading skills. Thinking outside t…
Agree. If you do not trust either financial institution with the password of the other, why give them ur money. This made linking two banks very easy and with Zelle, some transfers between two banks is instantaneous. The difficulty with Vanguard …
I have transferred T Rowe funds to it from other brokerages and was not asked to provide signature guarantee but it was a manual process - they filled out the forms and mailed me by fedex and included a return label. So, that took three extra days …
I added to GISYX last week at Fidelity. The fund has been soft closed at brokerages for a while. GPEOX (not mentioned here) is hard closed at brokerages. Both were announced at the same time if my memory is still good.
Here is some trivial info…
The Clarida investment misstep was already reported in the media and discussed at MFO along with those of Rosengren and Kaplan. Clarida's move was too early and resulted in opportunity cost biggly for his family. I think he should be chastised fo…
I think Nancy picked ARKK when asked to share an investing idea that reflects her prognosis. She obviously was reacting to the question. I am inferring her answer to mean the category “US mid cap growth funds” and let listeners figure out which fu…
Just an update -
Two weeks after I asked Vanguard through their message center to cancel my partial asset transfers because I am not inclined to participate in their manual process (print, sign, and mail), they wrote back saying I can sign and uplo…
On a positive note, my transfer from Vanguard request submitted at Fidelity last Thursday is completed before market open today. Unusually fast, in less than two business days. Vanguard is very good about not causing delays if you want to move ass…
Thanks, @msf. I tried (copy-paste) the link from your post in both firefox and Microsoft edge. In firefox, it led me to the previous process of Yodlee or print and snail mail. In Edge, it took me through a process similar to what you had posted, …
@msf, please see my post which was 2 hours before your last post and I mentioned in there twice that the third party is Yodlee.
In any case, as you suggested, I followed "From My Accounts (drop down) to Buy & Sell" but I do not see a "Transfer …
The alternate process essentially pre-fills an electronic application that I am then required to print and snail mail to Vanguard.
"Your transfer requires paperwork
You'll need to complete paperwork to transfer only some of the investments (rathe…
