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He emphasized inflation "expectations" several times - it's monitoring or anchoring.
I see 2 common quantitative measures for "expectations":
1. Inflation-"expectation" = Nominal Treasury yield - TIPS yield.
FRED has data for 1, 2, 5, 10, 20+ yea…
Well, some private-equity works out, but some doesn't. X/Twitter was a miss for Fido. But it has been in the news that Fido has been marking down its X/Twitter positions aggressively - without much reported trading on X/Twitter, those Fido valuation…
FWIW, in our IL 529 plan, I relied mostly on balanced option thinking that I couldn't tweak things myself (1-2 trade per year rule; but can redirect new contributions). Basically untouched for 20+ years, it does add up.
@catch22: the 50/50 equity/bond portfolio is reset to 50/50 each September, per the contract
Unclear what kind of "contract"? Did you use one of the 2 annual exchanges allowed to rebalance, or a 529 advisor did it for you?
Was 529 all used up? SEC…
@dpf749, you make good points.
The concerns have been:
1. Status of the M* Legacy Portfolio and it's good that it's continuing.
2. Status of free/basic subscribers who had access to M* Legacy Portfolio until yesterday. And that has now been verif…
I have linked VG account (initiating) to accounts at CU and bank (targets). But the reverse may not work - i.e. initiating process at CU or bank to link to VG (target).
CU and banks are easy to link to other CUs and banks, so no problem linking to…
@Derf, I am not sure how it's for the brokerage cash accounts.
In my margin a/c, I see that if there is cash in the core, it is taken within days after the Treasury Auction day but well before the settlement day; but if the cash isn't there, then m…
What I meant was those that had basic/free signups for M*.
There are 2 reports, one each from M* Discussions and Big Bang, that free/basic access to old Portfolio is still working.
Are people with basic/free old M* Legacy Portfolio able to access their information? Charts?
I cannot check this as I am a subscriber.
But all I see now is a button for Legacy Portfolio WITHIN the new M* Investor/Portfolio.
Path is Home/Tools/Po…
Money for Treasury auctions is blocked off within days of the auction even when the settlement is later. So, after Monday T-Bill auction, expect the money to be blocked off by Monday or Tuesday, when the settlement may be on Thursday. Only exception…
Patelco CU has been in the news for a while - check X/Twitter.
There have been previous posts on data breaches - MOVEit data transfer, Inforsys/MacCamish, etc.
A typical deal offered is 2-3 years of credit monitoring by one of the credit agencies …
Puts are bets on market or stocks falling.
If the market or stocks rise instead, the put buyer just loses the premium, and put seller just pockets the premium. These are small amounts.
It would be different for investors who are short the market/…
As per new information from Morningstar,
FREE/basic access to Legacy Portfolio will remain.
M* Discussions will continue as now.
Good that M* monitors this forum.
I have tried to file complaints with the SEC, and it required specific description of the situation, amount of money lost, remedy asked for (in monetary compensation or otherwise).
No experience with the CFPB.
@fred495 , it's unclear if the free access to old M* Legacy Portfolio will continue.
Right now, there are distinct links for M* Legacy Portfolio and the new M* Investor.
1) M* Legacy Portfolio https://www.morningstar.com/portfolio-manager
2) M* I…
I assume so from the link:
"...we’ll integrate Investor’s core tools, including Portfolios (which will be called Portfolio at launch), Screener, and Watchlists, into Morningstar.com...Former Premium users will be able to access legacy Portfolio Man…
Compare those chart events with Reagan years (1980-88) and Volcker years at the Fed, 08/1979* - 08/1983** - 08/1987.
In 1987, rumor went both ways - one was that Volcker didn't want a 3rd term, and another that Reagan wasn't going to nominate him …
M* Risk Score & SD indicate what is.
M* Risk Score LCORX 32, VFIAX 73, so for LCORX 43.84%
SD LCORX 9.92, VFIAX 17.84, so for LCORX 55.61%
Moderate-allocation range is 50-70%, so it's effectively near the lower end of moderate allocation or up…
Expanding the strategy beyond HY to include preferreds, equities (SPACs), private credits, foreign credits.
"The income producing fixed income securities in which the Fund invests include: bills, notes, bonds, debentures, convertible bonds, bank lo…
Those were ultra-SY bond funds around GFC and the category then had lots of ST-HY. Schwab, Fido and others had them. This Category was killed by the GFC.
A new category reemerged a few years later as ultra-ST with inv-grade bonds only. So, the ult…
HOSIX is only 2+ year old. So, it has none of the baggage of HOBIX and much of M* data is NA. It's also mostly structured credit and its average credit quality of BB is lower than that for HOBIX (BBB).
TestFol data with 12-mo rolling periods looks…
Just checked X/Twitter comments - awful. Not taking them at face value, there may be something to those.
Much of the M* report on HOBIX is computer-generated gobbledygook. Overall, it looks like run of the mill ST bond funds. But one M* comment in …
Wiki explains, https://en.wikipedia.org/wiki/Abrdn
"In February 2021, the company announced that it was considering selling or abandoning use of the Standard Life name.[16][17] In April 2021, the company announced that – having sold the Standard Li…
This looks like a part of the Live Barron's coverage of the CPI release this week,
https://www.barrons.com/livecoverage/cpi-inflation-july-report-data-today/card/benign-july-cpi-sets-up-another-good-report-on-fed-s-preferred-inflation-gauge-2xknEUdp…
After stock or ETF order execution but before the settlement, Schwab does offer a screen of lots showing the default sell lot selection that can be overridden. Apparently, to inform the broker before the sale means that before the settlement - or, t…
If I remember correctly, March 2008 was just the "appetizer", not the "main course" GFC that started in Fall 2008. Early in 2008, a couple of Bear Stearns hedge funds collapsed. Most investors went on with their merry-ways thinking that Bear Stearns…
I found old Fund Alarm archived pages at Wayback Machine/Internet Archives (nonprofit)
This page is from 12/29/08. Free sign up may be required. This is as close to a true time machine as one can get.
https://web.archive.org/web/20081217024432/http:…
It seems Fido has Venmo but not Zelle yet.
Schwab has Zelle.
My bank & credit union have Zelle. I have it active only at 1 place as a unique phone# is required. If I want to activate another Zelle, I would have to use email. There are daily/mont…
Linking accounts with different titles requires paperwork guaranteed with Medallion Signatures. I had to do this years ago when I linked my Schwab Brokerage to my daughter's JPM Chase bank a/c. It took about 2 weeks after I mailed the paperwork. Onc…
Bankruptcy is in some companies' business model: Grow rapidly with lots of borrowed money, stiff the lenders by filing bankruptcy, emerge from bankruptcy in some sustainable form, rinse and repeat.
I think that Argentina has perfected that model am…
@Mark, on PC mouse, there is left-click (more common) that opens the link and right-click (less common) that open a menu.
@msf, true, image link must be .jpg (lower quality), .png (higher quality), etc.
So, if an image link doesn't end that way, …
Congress staggered the terms of Fed Chait and US Presidents by 2 years.
A recent tradition is almost monthly meetings between the Fed Chair and the Treasury Secretary (representative of the Administration) to provide regular and orderly communicati…
Well, covered calls don't have downside protections unless puts are also bought. But that will cut into the income/premium from calls.
There are also funds with collars but their goal seems to be to just beat the money-market funds.
CNBC VIX seems more current than that at Yahoo Finance. Anyway, VIX of 62 means expected daily volatility in SP500 = +/- 62/19 = +/- 3.26%. Cryptos are collapsing too - they have high correlation with Nasdaq Comp.
CNBC https://www.cnbc.com/quotes/.V…
