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@Charles, thanks for your response. Monthly enforcement of allocation is what it looked like from comparison with PV monthly rebalancing. But your official confirmation is important. Here is some data for standard deviation (SD). LINK
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You may join AAII social-media communities.
Some AAII Chapters may be more active than others. They are often looking for speakers.
I don't think AAII caters to daytraders.
List of MN-based funds is small.
@Edmond, Wiki on Stonecipher, Boeing CEO 1997-2001.
https://en.wikipedia.org/wiki/Harry_Stonecipher
In a clash of corporate cultures, where Boeing’s engineers and McDonnell Douglas’s accountants went head-to-head, the smaller company won out. The r…
Well, you can remove GE from that list, thanks to Culp's triple-vision - GE, GEHC, and soon GEV.
Culp retired at Danaher/DHR, was called to fix GE, and some now say that he should now fix Boeing/BA. Will he ever get rest? (-:)
There were several questions related to QT reduction. Powell didn't say how much reduction or what he meant by soon. He did say that eventually, the Fed holdings will be only the Treasuries, as it used to be historically. Uneven impact of QT was als…
@MikeW
Wow learn something new everyday. I somehow missed TSP Mutual Fund window.
But there is nothing about it on my account window
See Fund Options tab,
https://www.tsp.gov/mutual-fund-window/
Post Conference Notes by YBB
Rates were maintained - fed funds 5.25-5.50%, bank reserves rate 5.4%, discount rate 5.5%. Rates may be higher for longer; need more confidence in progress towards inflation goal. No specifics provided for June cut. Cur…
EM ex-China was in response to Fed TSP move to shift its I Fund from broad MSCI EAFE to something ex-China/HK, and that is now MSCI ACWI ex-China/HK.
So, a reality is that such ex-China/HK indexes have been developed after some huffing and puffing.…
Many discussion board logins stop working when VPNs are used. So, I am not surprised that they cause problems with financial institution login where KYC is the law. I once tried a VPN that routed me via Peru that caused a allow connection, & I w…
MFO Premium Tickers - Portfolios, Watchlists, Charts
Lipper (so, MFO Premium too) has FIXED the CREF VA class flip between R1 & R3. Rather than editing the previous posts, here are now the CORRECT tickers presented in 2 groups. In the 12/7/23 O…
Considering that OP has been informed that the a/c is temporarily frozen, and he may guess the reason (and it is not a trade violation) even though Fido hasn't told him, any further attempts to play with the a/c will only add to problems.
This thread has gone in many directions.
Some points I would like to make.
Banks, TSA (and some others) have secrecy by the law. They aren't supposed to tell you the details. It may seem unfair, but don't blame the Reps.
Just ask Warren Buffett …
For gifting some shares from my Schwab a/c to a relative's Fido account, I prepared a letter stating the gift, share#, cost basis, approximate value, both account names and #; some of this was redundant because the brokers provide the info on transf…
Interesting that the OP has some idea and the a/c is frozen until the internal investigation is complete. It could be a trade violation or something else.
Banks are worse. There are many reports on social-media that banks (including big banks) are …
Interesting. Morningstar Magazine (never heard of it before) is a quarterly with 75-80 pages with many M* articles, analyst reports and features; and lots of ads. Free to professionals, but unclear how much it costs otherwise (I couldn't find unless…
After getting involved with NYCB rescue, Mnuchin is eying TikTok.
https://www.cnn.com/2024/03/14/business/steven-mnuchin-tiktok
https://www.cnbc.com/2024/03/14/former-treasury-secretary-mnuchin-is-putting-together-an-investor-group-to-buy-tiktok.html
So far, people who started as Bogle's personal assistants have eventually landed at the top.
At 55 and only 6 years at the top, did Tim Buckley quit or was pushed out? He may have perfected the race to the bottom ER at the expense of everything el…
Fund industry trade association ICI also has features on this "100th Anniversary Year" for mutual funds/OEFs.
https://www.ici.org/news-release/24-news-mf100
https://twitter.com/ICI/status/1752367498039566341
https://twitter.com/ICI/status/1765746727…
Only difference is that Schwab mailed 1099 reports include the Yearend Report supplement, while Fido make you go online for them - it mails only the legal 1099.
Then, all brokerages are similar - you have to hunt for online document that lists % fr…
CHS Inc is a cooperative with ticker CHSCP - lots of hits at MFO for it.
This article is about a perpetual CHS preferred that became redeemable recently. What a strange thing they cooked up.
There is already a thread for MOVEit breach. This thread is on Infosys/McCamish outage that has been resolved at TIAA.
https://www.mutualfundobserver.com/discuss/discussion/comment/168579/#Comment_168579
Thing to remember is that MPT stats alpha, beta, R^2, r depend on the benchmark used.
But SD is independent of the benchmark. So, it may be used to compare volatility of things that are different, i.e. different asset classes.
A ratio of SD can be…
When Savings bonds mature, taxes are due whether cashed or not. Moreover, you aren't getting any interest credits. That is the worst case. I cashed them on the 1st or 2nd day of the maturity months.
"16. How are savings bonds taxed?
Savings bond in…
Thanks for citing the auto-consent for TD.
But I hate these auto-consents. Almost all websites have them before going into them. I mostly click yes w/o ever reading what I consented to.
Some courts have also ruled that auto-consents cannot take aw…
Most of our very old Savings Bonds have matured. We held then in the paper form and never bothered to convert them into electronic form. So, when we cashed them on maturity at our local bank, we got 1099 from the bank.
For the new I-Bonds that I b…
Well, there are @Devo, DIVO, Davo, Davos.
DIVO is a call-writing funds. It's lags the industry giant JEPI and is more expensive too. In the up markets like this, it may be covering its calls, or its stocks are being called away. But that is the dea…
One thing I have noticed is when selling a stock at Schwab the proceeds are immediately available for trade. Not so at Fidelity, make take 2-3 days for settlement.
I have gotten burned on it at Schwab. What is shown as available on the Schwab Posit…
Looking at the long-term trend for m-mkt fund assets at FRED, during the ZIRP, the m-mkt fund assets were around $2.8 trillion, the pandemic levels around $5 trillion, then the trend picked up in 2023, and the assets now are around $6.36 trillion. U…
@Mark, Bitcoin is a crypto with limited supply of 21 million. Other cryptos don't have supply limits & can be issued at will.
So, the recent new ETFs buying & holding Bitcoin will reduce Bitcoin circulation.
Bitcoin-halving is coming up in…
In my previous post, when I excluded futures from my list, I was thinking of @rforno !
The observation that Coinbase/COIN is an indirect play on crypto "business" is right on. Owning COIN is like owning a casino, owning crypto is like being a gambl…
MFO Home and MFO Discussions have independent searches. I think that is because they are housed in different servers that don't interact with each other or cross reference.
So, you don't like M* chatbot Mo? It has been out for a while.
https://www.prnewswire.com/news-releases/mo-an-ai-chatbot-powered-by-morningstar-intelligence-engine-debuts-in-morningstar-platforms-301822115.html
NYCB raised $1 billion from an equity issue at throwaway prices. These investors will make out like bandits, or will be fools, but only in hindsight.
News https://www.cnbc.com/2024/03/06/new-york-community-bancorp-tumbles-40percent-and-is-halted-as…
I have core & explore.
Core is very boring stuff.
Explore is wilder stuff - stocks, options, futures-based ETFs (but no futures directly), and more recently COIN. Be aware that COIN has businesses of exchange, broker-dealer, custody, all related…
Just look at yesterday - all-time high for Bitcoin & then nearly crashed.
New physical/spot Bitcoin ETFs have attracted billions. Major iShare IBIT, Fido FBTC. Lot of money just shifting from Grayscale GBTC.
Riding this craziness with some Coin…
Now Fido comes clean with the SAME Infosys/INFY - McCamish problem.
In 2 recent breaches, MOVEit data transfer and Infosys - McCamish (IMS), TIAA was out in the front and took lot of flak, but hundreds/thousands of institutions were affected, and I…
I am not impressed by iShares allocation series AOK, AOM, AOR, AOA. These are generic mixes, so there isn't any magic in their mixing sauce.
I haven't looked at active CGBL in detail. Its ER is 33 bps, inception 09/2023. Of the 5 managers, 2 (Berro…
