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M* responded with another nontrivial solution: Open new M* Investor/Click on Portfolios/click on "?" at the upper-left/click Legacy M* Portfolio. Obviously, it assumes M* Premium or M* Investor subscription.
So, M* was indeed doing some internal sh…
The era of growth-utilities (unregulated) started in 1980s and has now picked up steam with alternate energy. If you want to trace developments in this industry, check the history of Vanguard VWINX benchmark changes - it started with a very simple i…
I logged OFF and logged back ON using this direct link. After first refusing to connect, it connected anyway. Looks like M* is doing some internal server shifting and some clicks may be temporarily broken.
I was unable to access Portfolio from M* …
Interest-sensitive equities (utilities, REITs, dividend-paying stocks) are often called bond-proxies. I don't think that words such as surrogates or substitutes are appropriate for this. Contrast this with growth that is doing gangbusters this year.…
As posted nearby, the AAII Sentiment Bull-Bear spread is at 2.25-yr high.
I am starting to scale my tactical-asset-allocation (TAA) back to normal - for me, 40-60% effective-equity. My TAA had become too high from purchases during 2020-2022.
The …
Update, 7/18/23
Thanks for all the well wishes and prayers for recovery.
Current Score: YBB 1, Pneumonia 0.
I just completed a 5-day course of a strong antibiotics. It didn’t do much for 3 days – that was disheartening at one point. But then, thi…
I have stayed in Cleveland (major paper The Plain Dealer), Palo Alto (major Bay area paper San Francisco Chronicle/Hearst) and now Chicago (major paper Chicago Tribune; the list of its famous owners and/or editors would be too long to be included he…
@sma3, within the TSP, there isn't a m-mkt option, so G Fund has served that purpose admirably over time. It had nonzero rates when most m-mkt funds were hanging at 0.01% just to avoid breaking the buck, but now some m-mkts are paying better than th…
Be aware that most preferreds now are bank preferreds. And most bank preferreds are noncumulative - a regulatory requirement to be counted as bank capital. Some won't touch noncumulative preferreds. This shouldn't be an issue for the best too-big-to…
Article 2 is the "Explainer" for the proposal that has been around for months for comments.
Article 1 is the news TODAY (also leaked yesterday) that the SEC has dropped swing-pricing due to intense objections from the fund industry including its tr…
TSP G Fund is a unique stable value (SV) fund that I track monthly here.
TSP F fund is just the US total bond market (ETF AGG). "Total" is misleading because it's all investment-grade, so a true US TOTAL bond market is IUSB.
Anyway, this is the c…
He may diversify by selling and buying QQQ or SPY.
His student loans may have low rates, so he can keep them if he is handling payments. Car loan depends - if low 1-3%, he should keep them.
He will have opportunities to save more for wedding, hous…
M* Investor has good analytics, but lot of it just showcases M* databases, & not what many investors may need or want. Its shortcomings are in its portfolio functions (transactional or overview portfolio data).
M* originally promised not to ret…
Related Wiki article has better explanations and that "On March 10, 2000, the index peaked at 5,132.52, but fell 78% from its peak by October 2002." https://en.wikipedia.org/wiki/Nasdaq_Composite
My guess is that the other summary article may have…
The SEC rules require CEFs to report the total ER including interest & leverage expenses as applicable to the common shares. This rule has been in effect since 1940s. The mutual funds/OEFs at the time pushed for this "penalty" for CEFs because t…
@MikeM, many corporations offer retail corporate notes ($1,000 denominations) with slightly higher rates. Some offer them directly & even offer check writing. But there is no FDIC protection, & in case of trouble, you become a general credit…
It's expanding ETF lineup almost across the board.
FUND SUMMARIES
GLOBAL EMERGING MARKETS STRATEGIES
Matthews Emerging Markets Sustainable Future Active ETF
ASIA GROWTH STRATEGIES
Matthews Pacific Tiger Active ETF
Matthews India Active ETF
Ma…
Only Stock Rover (SR) premium & above have portfolio transactional capabilites. Others I looked at (PV, etc) are really for portfolio analytics, so info with % weights or $amounts must be uploaded via Excel or brokerage connection (I won't do th…
Starting THIS year, Q ratings designation was removed (or, merged into regular ratings) because M* felt that those were almost as good as live analyst report. However, some flags for Q remain and I can sense a Q report just from the gobbledygook.
M…
Technically, M* X-ray within M* Portfolio still works but it's a Premium feature.
Instant X-ray was free to use by everyone. That is gone now.
The new M* Investor doesn't have X-ray.
FR/BL have long maturities but short duration due to their frequent rate resets. BUT near maturity, they also face re-fi risks in bad economic environment.
I haven't used subscription-PV. But when it allowed storing portfolios with free-PV, I recall that the stored portfolio could be edited (%) and resaved. But there wasn't any portfolio transactional capability.
On the other hand, SR has transactiona…
@Observant1 may be referring to free PV runs that are limited to 3 portfolios + 1 benchmark, so 4 total.
I keep several PV portfolios in Excel that I load 3 at a time to save data entry. PV subscription may store them - a while ago, even free PV …
I have moved on to Stock Rover (SR).
I use M* Portfolio as backup until it disappears. Some features in M* Portfolio, such as auto-updating for dividends/distributions, are/will be hard to find elsewhere. SR has only manual updating. SR says just t…
Instant X-ray link is gone from M*.
X-ray within M* Portfolio still works. M* has promised to keep it going through 2023.
I don't see any X-ray feature in the new M* Investor.
A good but incomplete history of Fidelity and its famous star managers.
Post Tsai, a young Ned Johnson III (of course related to Johnson II) ran a private/in-house Fido fund called Magellan from 1963-71 with quite spectacular performance. Ned would…
For those who don't have pensions but wish that they had one should look at low-cost SPIA (for guaranteed lifetime income). There are several online quote services. Obviously, there is tradeoff - they have to give up the principal. Some in the annui…
After the GFC 2008-09, there was some consolidation among the m-mkt funds. Current complex rules make the operation of m-mkt funds difficult. Many smaller shops shut or merged their m-mkt funds and made m-mkt funds from other firms available. But bi…
One could say that equal-weight is the oldest "factor" around. It removes the large-cap bias of market-cap based ETFs.
PV Runs are easy to link by using the "Link" click on the PV results title line. As these URLs are long, it is best to use them …
Invesco/VZ has changed the tickers for its equal-weight sector ETFs and those are updated here, https://ybbpersonalfinance.proboards.com/post/1097/thread
@Sven, at one time I thought the Fido would never do that! Now, my own large Fido 403b plan has Fido index TDFs. So, the firms have to deliver what the plans want or lose business. Let us see how long T Rowe Price can hold - my guess is not long.
Foreign small-cap universe is very different from that for the US small-caps. As Barron's noted recently, the largest telecom in some country may just be a small-cap by the US standards for LC, MC, SC.
BTW, applying a similar roll yield calculation for Treasuries doesn't yield a clear cut answer.
As of 6/30/23 EOD:
1-yr 5.40%
2-yr 4.87%
3-yr 4.49%
Breakeven yield 4.035%
So, if 2-yr 1 yr from now will be > 4.035% (it is 4.87% now), then b…
See this thread nearby on Twitter becoming "closed"/member-only. https://www.mutualfundobserver.com/discuss/discussion/61266/twitter-is-now-also-closed#latest
