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.
What is the outlook for dollar?
Dollar bottomed in 2008-11 around 72. Now it is 104.66, so +45.36% of the cumulative US fund outperformance in the last dozen years is just due to the currency factor.
Many diversified funds (including TDFs) may hav…
Oh, forget it, they all buckled on revenue-sharing.
https://www.reuters.com/business/finance/fidelity-wont-levy-proposed-fees-purchases-boutique-etf-firms-sources-say-2024-05-30/
There seems to be an ISSUE with how TestFol handled the 3/25/24 reverse-split for BERZ & FNGD. So, there is a huge spike on 3/25/24 & then things are back to normal. Unfortunately, that kills the MaxDD for the period.
https://ybbpersonalfina…
IShares IBIT has no income, so what's the point in having it in "strategic" income funds? It may make more sense in multi-asset funds that do include derivatives - and iShares has those too. But BlackRock may just be testing the investor reaction by…
DRI (Olive Garden, LongHorn Steakhouse, etc) sold Red Lobster years ago. It's now a private company owned by Asian Thai Union Group and others. If it doesn't trade, it cannot become a meme stock.
@Mona, nothing wrong with that. Most people do just that - i.e. take appropriate RMDs from each tax-deferred account. They can do that themselves, or let the institution(s) do it for them.
But the IRS provided additional flexibility to aggregate RM…
@Mona, if you add up all T-IRA balances, apply the RMD divisor, and then round the results, there are some cases when you could be short a few cents for some RMD.
So, it is safer to calculate each RMD, round to 2 decimal places, and then add them u…
BTW, I don't use RMD services at funds/brokerages. But I do subscribe to some for information only, not execution.
I calculate my own RMDs and take them as regular withdrawals. When RMDs apply, the 1st withdrawals from T-IRA or 401k/403b are assumed…
Rollover IRA is just a label for convenience. It's a T-IRA.
With multiple T-IRAs:
1. Find yearend balance for T-IRA#1, calculate the RMD#1, roundup;
2. Repeat for T-IRA#2, T-IRA#3, etc;
3. Add them up (RMD#1 + RMD#2 + RMD#3 + ), and that's the…
Today is the day for T+1!
Stock trading in 1920s was T+1. Then, the volume rose and it was too much to handle manually. So, it became T+5. But with computers around for 60 years, it became T+3, then T+2, and now, finally, T+1 again.
When will be T+…
From Barron's May 6, 2024,
Frequent changes in the RMD rules are confusing. For tax-deferred accounts (T-IRA, 401k, 403b), the RMD age is 73 now (was 72 in 2023, 70.5 in 2020) and it will remain so until 2033. The RMD amount depends on the yearend …
@Observant1, no response (yet) to my email about 4 hours ago to PV/SRL Global support.
After you posted about access, I checked it too and it works.
OK, the reply just came:
From: Analytics Support
Sent: Monday, May 27, 2024 10:37 AM
To: xxx; An…
@Observant1, I see 500 Error too at 5:30am Central 5/27/24 - on Chrome, Edge, Firefox. These 500 0r 50# errors are for some server issues. I did use PV yesterday afternoon.
But technically, the PV site is UP, https://www.isitdownrightnow.com/portfo…
@BaluBalu, it is now integrated within the M* Quote page. Scroll down to the end of the Quote page for a mutual fund ticker, and you will find the info about its other classes.
Oil change schedules depend on the model of car and type of oil (regular vs synthetic). Many imports/foreign brands have longer oil change schedules and use lighter oil (0W20, not common 10W30). Oil life meters (in newer cars) are estimates based on…
excellent. is maxdraw daily or month end?
Drawdown seems based on daily data. Here is the run for 2020 only to see more details of the credit freeze then,
https://tinyurl.com/yc5rumev
That is a great movie clip. It also introduces the CDS (nothing to do with CDs) that really blew up and tanked AIG, etc during the GFC. The Feds had to come to the rescue of these insurance companies and/or banks to the tune of hundreds of billions …
There are only 2 US companies with genuine AAA ratings - JNJ, MSFT.
Securitized credit AAA is a manufactured rating. So, the underlying pool may have only A or BBB or BB rating. It is sliced-and-diced into tranches that are rated AAA, AA, A, BBB,..…
A very old thread!
But I will ask a question here.
Ulcer Index (UI by Martin) is prominently featured and often discussed at MFO; there was even a feature on it in the monthly MFO by @David_Snowball in May 2023. The typical definition of UI is ove…
@BaluBalu, keep an eye on the news.
Goldman Sachs had huge missteps into retail - Marcus online and Apple Card, both big money losers for Goldman Sachs. The expanding retail pie for Goldman Sachs to make money never happened. The relationship betw…
No consistent relationship has been found between point-to-point TR and safe-withdrawal-rates (SWR). Dave Ramsey recently fell into this trap.
Bengen-type withdrawals should be seen as benchmarks. Not many use them as described - 4% initial withdra…
It seems that BlackRock lost a court case on the proxy voting procedure that it had adopted. It had called for a majority of all votes outstanding to win. This may work for small committees, even House and Senate, but not when millions of votes may …
@bee, now try to run 10 years to 2020, i.e. 2010-2020 (i.e. 1/1/2010-12/30/2020 under Year-to-year), but you can not. The result is truncated to 1/1/2015-12/31/2020 (well under 10 years). Then see my post just before yours - my guess is that your 10…
It seems that PV runs for the RECENT YEARS can go back only 10 years from now (i.e. 5/1/2014 in Month-to-month and 1/1/2015 in Year-to-year in 05/2024), but longer than 10-year runs are possible for start and end dates before this 10-year window.
I…
@Observant, new limitation is for 10 years. But you have to change both the start and end dates to capture the older 10-yr periods. Some periods > 10 years do slip by randomly, but I haven't figured out any pattern.
For example, these old 20-yea…
One PV LOOPHOLE is that the 10-year periods don't have to be recent, so free PV runs can be made for successive 10-year periods. Following are the PV runs for Bengen-type 4% withdrawals with annual COLA for 3 10-yr periods covering 30 years. Of cour…
An online bank with "impact" goals that started only in 2022 offering 100-yr CD, 4.75% fixed, as a publicity stunt - 10-yr interest penalty for early withdrawals. Alternatives? 30-yr Treasury bond or zero.
"We had not yet opened for deposits in 2022…
Well, the PV data input interface has changed, and the result format has changed, but on a quick look, almost all of the old free features are still there. The results are still linkable. I think that if one spends 30 minutes to 1 hour, one can get …
^TCAF-IV hasn't worked either.
^TCAF-NV works but that is previous day's NAV.
I asked this question about TCAF IIV but there was no answer.
https://www.mutualfundobserver.com/discuss/discussion/comment/170368/#Comment_170368
Whenever I deposited checks at Schwab, the funds were available to trade immediately, but they weren't available for withdrawals (i.e. Hold) until the check cleared. Similar for Fido.
So, move the $s right away to a Schwab m-mkt fund.
