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.
Brokered CDs
@Crash, brokered CDs are expensive for the banks to raise money. They have to pay brokerage platform fees to be listed (25-50 bps), and then offer competitive rates. But banks can raise deposit money through this channel quickly, witho…
CNET says that 2019 breach became known only in 2021. Lot of the data in the current breach is from 2019/2021, but there are also some fresh data from 2024. That says a lot about transparency by AT&T.
https://www.cnet.com/tech/mobile/data-from-7…
That is what a SPAC is. It's a blank-check company that raised money first, then has 2 years to look for suitable acquisitions, and if not successful, just return that money to shareholders.
Even the rich and famous Bill Ackman failed to find a sui…
@realityspeaks, PV results are linkable (see below) and then you can play around with the inputs. This PV run is from 06/2018 - now with 3 sample funds VWINX, VWELX, VTMFX.
https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=4vhQGHbukx…
@sma3, my M* Watchlists don't show share#, but the (old) M* Portfolio default is 1 share for each holding, & that may be the internal default in the (new) M* Investor too. M* Portfolio can run X-Ray on the Watchlists, but how useful is that? M* …
I see the OP as a caution to pay attention to maturing bank CDs. It has been also noted that brokered CDs don't have a similar problem.
This wasn't about recommending CDs.
Many were rolling T-Bills & T-Notes with comparable rates. But even tha…
Well, when tricked as such, customers can cash out of bank CDs with 3-mo penalty in most cases.
Brokerages that offer auto-roll for brokered CDs (Fido, Schwab, etc), they will look for decent options.
"For a maturing CD, the Auto Roll Service wil…
@MikeW, I doubt that any would link to Fed TSP. There are 2 issues:
1. Fed TSP isn't very user-friendly.
2. TSP funds aren't listed, so don't have tickers.
But you can use the correspondence table in the link below, and use #1 - #5 for analytics. …
Portfolio Tracking & Analytics
1. Old M* Portfolio is still around on year-to-year basis, but may go away eventually. It had a limited free version and also subscription Premium version.
https://www.morningstar.com/portfolio-manager
2. New M* …
@yugo, almost ALL analytics data at M*, Yahoo Finance, MFO Premium are based on monthly return data. Computational needs nay be 4x with weekly data, 30x with daily data.
IMO, weekly data is a good compromise after so many years of monthly data use…
M* now provides Drawdown data for 3, 5, 10 yrs only. How did you get the data for 2009? From M* Chart? Old file data?
Yeap. M* Chart.
Depending on the time window used, M* charts may display daily, weekly or monthly data.
Max Drawdowns at M*, MF…
@BaluBalu, searches at MFO Home & MFO Discussions are different. So, MRFOX at MFO Home produced,
https://www.mutualfundobserver.com/2019/02/marshfield-concentrated-opportunity-mrfox/
What do Magazine Covers say about things? Guess what is Barron's Cover tomorrow?
https://www.barrons.com/articles/donald-trump-djt-stock-truth-social-net-worth-election-1005340a?mod=hp_HERO
Edit/Add, 3/30/24. For details, see LINK.
Determination of whether to buy 60-40 or 100-0 should be made before the purchase. No point analyzing the results in hindsight, just as it's pointless to analyze races that have been run, or games that have been played. If we had time machines, we w…
Remember that what used to be a father-son team at this tiny 1-fund BRUFX boutique shop, now has only the son being President, Vice-President, Treasurer, Compliant Officer, analyst, etc. M* is funny when it says, "The fund last saw a manager change …
@yugo, M* now provides Drawdown data for 3, 5, 10 yrs only. How did you get the data for 2009? From M* Chart? Old file data?
MFO Premium provides data for various timeframes.
Of course, PRWCX has been closed for many years, but there are some other …
@yugo, the SEC requires accounting for expenses in the SEC yield calculations - 7-day for m-mkt, 30-day for other funds. Get a strong cup of coffee & look through Form N-1A (-:)
Hardly much is free at M* now. There are subscription screens for everything.
M* Investor https://investor.morningstar.com/mm/
M* Newsletters https://newsletters.morningstar.com/
@MikeM, Treasury-obligation m-mkt funds would be safe, but you won't get state/local tax exemptions that some buy Treasury-only m-mkt funds for. My caution was that there is more to these funds than "Treasury" in their names.
Several firms, including Fido, publish the required 7-day SEC yield and an optional daily-compounded yield. So, for FIGXX, there are 5.21% and 5.34%, respectively.
https://fundresearch.fidelity.com/mutual-funds/view-all/316175108
New money market r…
This was a SPAC merger. Former DWAC acquired Trump Media and post-merger, changed the name to Trump Media and ticker to DJT (holdover from now defunct Trump Casinos). No new money was raised. Trump himself owns 58% of the merged entity but has 6-mo …
Barron's publishes 4-wk MA of fund flows (OEFs + ETFs) into equity, taxable bonds, munis, m-mkt funds. For the last several weeks, ALL are positive. So money is moving from banks and/or stocks into funds.
MBSF is a new fund launched on 2/27/24; the ER is 49 bps. Its still missing basic data on yield, etc. M* shows portfolio as lower quality (unclear what ratings are used for GSEs or securitized holdings), but it invests in floating rate RMBS from GSE…
Rajiv Jain of GQG uses value conscious growth approach. But unlike the traditional GARP, he combines value portion with momentum portion. Firm only has a handful of funds. Its other funds seems to have reasonable turnovers, but the high turnover for…
FCNVX is an ultra-short-term bond. Its retail class was eliminated a few years ago, and the ER was also lowered for the remaining class. Besides the Fido m-mkt funds, it's the only Fido fund without any frequent-trading restrictions; it settles T+1.…
How do I turn the notifications off for threads I start but did not bookmark?
Go to Profile/Edit Profile/Notification Preferences (on the left panel) - select.
New Boeing Board Chair CEO (as noted by @BaluBalu) is an electrical engineer who once ran Qualcomm.
https://www.boeing.com/company/bios/steven-m-mollenkopf-bio
https://boeing.mediaroom.com/2024-03-25-Boeing-Announces-Board-and-Management-Changes
New Boeing Board Chair CEO (as noted by @BaluBalu) is an electrical engineer who once ran Qualcomm.
https://www.boeing.com/company/bios/steven-m-mollenkopf-bio
https://boeing.mediaroom.com/2024-03-25-Boeing-Announces-Board-and-Management-Changes
@Charles, thanks. Here is my experience after the latest MFO Premium update.
Background - Yesterday (3/24/24), I had manually changed all old TIAA/CREF IF-xxxx tickers to Qxxxxx except the 2 residuals QCBMP (CREF Bond R2) and IF-SMZQ (TIAA REA).
T…
A minor issue is that the following list (for CREF Stock) runs fine under Portfolio, but not under Watchlist.
QCSTIX QCSTPX QCSTRX
Each ticker runs fine individually under the Watchlist, but defaults to QCSTIX.
The previous list ran fine under bo…
More letters from TIAA to signup with Kroll re Infosys McCamish (IMS) breach. Must use another email than the one used for previous MOVEit breach signup.
This breach has affected thousands at TIAA, Fidelity, Vanguard, T Rowe Price, Principal, Ascen…
Vow, it's done (almost)! Thanks @Charles!!
In this massive change at MFO Premium, there were (only) 2 issues:
CREF Bond Market R2 ticker is wrong, QCBMP should be QCBMPX (note the missing X)
TIAA REA is still the old IF-SMZQ and should also be ch…
Thanks for this great news about Q-tickers for TIAA/CREF VAs initially. The MFO Premium fix will be appreciated while Lipper catches up with the rest of data providers.
