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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.
Just got off the phone with TRPRice.
@$250K AUM they offer access to their closed funds such as PRWCX
@$500K AUM they offer access to their institutional share class funds such as TRAIX
@BaluBalu is that your understanding?
I do not trust my memo…
Is TRAIX downgraded to PRWCX if the balance falls below the TRAIX minimum?
(Vanguard downgrades Vanguard funds from Admiral shares to investor class but many other fund families I dealt with do not downgrade the institutional class for fall in bala…
Thanks, @Mona. I should check the other platforms too. Vanguard is only slightly better than TRP! I closed Vanguard IRA and plan to close their taxable account as well.
@BaluBalu
Noam Chomsky, "The Common Good:"
The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum – even encourage the more critical and dissident…
I am not eligible for Medicare. I was debating whether I should get Medicare Advantage or Medicare supplemental insurance when eligible. My Dad tells me that Medicare Advantage patients are more likely to be denied essential treatment (in favor of…
I am waiting for the “Thoughts and Prayers” party’s response to this -
https://archive.li/2025.01.02-105153/https://www.wsj.com/health/healthcare/how-health-insurers-racked-up-billions-in-extra-payments-from-medicare-advantage-9d4c8a89
PRWCX is OPEN at TRP for new investors who invest at least X amount. Check TRP website for details.
Per M*, last year the fund performance was the lowest percentile in the last 10 years. There were noticeable net outflows in Dec 2024. 2021 als…
@Crash, you should be able to convert your PRWCX into TRAIX ( for the lower ER of 13 basis points). I think TRAIX is available on TRP platform only. Many do not like the TRP platform and do not want to move their PRWCX to TRP even if they meet the…
PRWCX is investor class and ITRIX is institutional class. Investor class is ITRAX with ER of 1.24% and the difference in ER should cause it to underperform PRWCX. The Voya fund is not available on the Schwab / Fidelity/ Merrill / Vanguard platform…
Sure:
https://www.proshares.com/our-etfs/strategic/ispy
This is just a plain vanilla covered call strategy, targeting 100% of notional amount. I am surprised they need 0.55% ER for something that can be automated. Pro shares are reputable with de…
Never get involved with other people’s kids or their money. It is a thankless exercise. I think school teachers are brave.
At the same time know that no one takes care of your kids or your money like you would. So, if you trust these to other …
Any update on Brookmont ETF offering, @TheShadow?
Brookmont has signed on a sub-advisor / portfolio manager for the ETF (so the launch date must be getting closer) -
https://www.artemis.bm/news/pagnani-manghnani-launch-ils-manager-king-ridge-will-…
Upon my search, this is the first thread where PRWCX was mentioned.
All the data providers I have access to show its NAV is unchanged today which is a big surprise to me, given the down day in other allocation funds. Please post if there is a revi…
@Crash, please do not re-watch for my sake. 5 day old macro is as actionable as a 5 day old fish. Besides, next Friday is around the corner and we will get a new episode.
I forgot, are you entirely at Schwab now? Their fixed income desk is at 8…
On Thursday, the bond market will operate on a shortened schedule, closing early at 2:00 PM Eastern Time (ET) rather than its usual 4:00 PM ET close. Both equity and option markets are closed on Thursday.
@crash, I missed this episode on Friday as my TV forgot to record, I assumed the show was on a break, and I missed your post on Friday. If either of you remember the highlights of the episode,, pl post.
Jan 6 used to be just another date on the calendar.
Enjoy today’s John Stewart episode.
All joking aside, the line between normal and not normal seems so blurred these days. We have to feel for the people who will live on this earth 50 yrs fr…
A product that tries to address the following needs of home owners:
*certainty about the size of their wealth if they are worried about real estate price corrections
*desire to continue to live in the house after they lock in the sales price
*reduc…
Feel free to continue to entertain ourselves spending more time talking about shareholder prudence, rather than informing shareholders that adequate measures have been put in place to prevent future failures.
No one expects or expected NRDCX to p…
No confusion. My assumption was before I read the thread, and was acknowledging you guys educating me. The only time I had previously heard about reverse mortgages was from the Tom SelecK Ads.
In any case,
Are there AA-AAA rated companies th…
@WABAC,
You know the guy likes to work the crowd (requires hyperbole). If Hollywood producers offered him to play the President on the screen, he could not have cared less for the responsibilities of the real one.
I do not think he really has a…
CrossingBridge is keenly aware of the processing error that resulted in a stated NAV that was artificially high. Further, as many of you noticed, the NAV was properly adjusted the following day. Unfortunately, a dividend was also made during this …
USFR rate is a nominal fixed rate (assume zero) + weekly auctioned 3 mo Treasury bill rate. My guess is Trump will put pressure to lower this to at least 3% by the end of 2025.
No doubt.
And he wants the oil companies to drill until they're givi…
USFR rate is a nominal fixed rate (assume zero) + weekly auctioned 3 mo Treasury bill rate. My guess is Trump will put pressure to lower this to at least 3% by the end of 2025.
I never researched reverse mortgages but assumed they are seller financed sales + life estate retained by the seller.
Are there AA-AAA rated companies that would do seller financed purchases, with or without life estate?
What is the highest dur…
@Derf,
I remember the chip was at eye level on the driver side. It was 5-10 years ago. The fix has held up. The kits are sold by all chain auto parts shops (Amazon might have it too). You have to use it before the chip becomes a spreading crack.…
@WABAC, That is the first line in the declarations page. I do not think you can have car insurance in CA without that liability to third party insurance. It would not make sense to self insure that part.
I removed both collision and comprehensiv…
Friday, the S Ct will hear oral arguments in the TikTok case. The Court’s ruling in this will tell us how independent it is from DJT. I do not get why the Ct has even taken this case.
The IRS website can give you the IRS determination letter for tax exempt status. Do you know if I can get from the IRS a copy of the application filed to get the tax exempt status of a public charity?
Edit: Re-reading @Old-Joe post, I now realize that I only restated what he succinctly stated.
I would rather the women in this forum rebut / agree with some of the assumptions (assertions?, even through surveys) made about women.
Have you guys…
