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.
Hummus is a popular Middle Eastern side dish that is made from chickpeas/garbanzo-beans. It is basically bland but can be spiced up. One can eat it with pita-bread, pita-chips, or other chips.
https://en.m.wikipedia.org/wiki/Hummus
In the MFO list of fund CGs (by @TheShadow), est for MAPOX as of 11/10/22 was in 4.93% - 5.50% range. It came out at 5.44%.
https://www.mutualfundobserver.com/discuss/discussion/60074/2022-year-end-capital-gains-distribution-estimates-vanguard-s-fi…
If your taxable income after deductions was $0, and there were no other capital gains or losses, then $1,000 tax-loss will offset fully taxable $1,000 withdrawal from T-IRA.
But if you had ordinary income from all sources, net of deductions, of $50…
Billionaires do whatever they feel like (and think later) because they have an army of lawyers on retainer and have money to burn. Most of us just follow the law to stay out of trouble.
Unless Griffin can prove deliberate intent on the part of gove…
@sma3, it does take some time to initially enter portfolios; .csv files can also be used. But then, updating transactions manually is simpler.
I imported all M* Portfolios into Stock Rover (SR). It is a bit tricky, but I have described details/ste…
Direct link to M* article that also shows that allocation/balance works best vs all stocks or bonds,
https://www.morningstar.com/articles/1128840/whats-a-safe-withdrawal-rate-today
Info that @Observant1 provided from Fido is similar to what I have seen at other places too. Please read it carefully. Banks/brokers say that if you share your login with ANYONE, they are no longer responsible. I assume that ANYONE to mean relatives…
Watch Silvergate/SI, one of the crypto banks. Its deposits are covered by the FDIC. Crypto loans are small but significant part of its business. It also has SEN-network that provides an interface or link between crypto accounts and regular bank acco…
Unfortunately, 11/30/22 distribution would be WITHIN the +/- 30 day wash sale window.
Good news is that only the distribution amount would be disqualified due to wash sale. In case of partial sale, that amount would be added to cost basis of the re…
But TIPS/real-rates moved up 4-5 bps across the board. Nominal yields didn't move much. So, inflation-expectations (nominal yield - TIPS yield) came down a bit.
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type…
Notes from Above + Powell's Press Conference
Fed funds rate +50 bps to 4.25-4.50%; (bank) reserve balance rate 4.4%; primary (discount) rate 4.5%. More rate hikes should be expected. Rates will remain higher for longer & rate cuts in 2023 are u…
I also read that QuickBooks CANNOT do mark-to-market accounting and isn't appropriate for keeping records for multi-billion dollar exchanges (cryptos or regular). I am personally not familiar with QuickBooks.
I didn't see any problems with the materials cited in the OP. But don't consider those as 2 independent sources. Dotdash Meredith owns both Investopedia and The Balance. People may have opinions about them, but at Dotdash Meredith, the former is con…
@Sven, many investors were impressed that SBF's parents were lawyers (father in security compliance law) at a prestigious university - CNBC Mr Wonderful Kevin O publicly mentioned that (KO became a PR face for FTX). SBF was good in dropping names, e…
@Old_Joe, you ARE right, it is right there in the Summary page that BTW is my starting page! But I went looking for something in the tabs, searched Schwab and also the web and those didn't direct me to the link on Summary page.
Thanks, YOU found t…
I couldn't find general account aggregation feature at Schwab.
But there is such a feature for Schwab Advisory Accounts, called Schwab Alliance program.
https://advisorservices.schwab.com/system/file/P-10672401
BTW, I don't use account services fe…
On a volatile day, ALL volatilities were DOWN: stock VIX, VXN, RVX; bond MOVE;
EM VXEEM; gold GVZ; oil OVX. In fact, several crashed by 10% or more.
This was also unusual.
CPI +7.1% WAS less than expected +7.3%. Somebody KNEW something yesterday afternoon. That would explain the sudden runup yesterday, and of course, the futures this AM AFTER the CPI report.
FRED CPI https://fred.stlouisfed.org/graph/?g=XCae
Look at the other side, or what happened to McGraw Hill that owned S&P then? It self-destructed. It now exists as private McGraw Hill Education and public S&P Global/SPGI.
FWIW, no other rating agency followed S&P.
One consequence of t…
Actually, not a bad study by Price of its own funds. M* JP noted that comparisons were with M* category averages rather than each fund's benchmark, but that would have only changed some numbers.
https://twitter.com/syouth1/status/159808843115384012…
@johnN, see
https://www.mutualfundobserver.com/discuss/discussion/59179/posting-images
https://ybbpersonalfinance.proboards.com/thread/248/posting-images
Already?
I was expecting this for 2023 Q1-Q3 after the debt-ceiling was hit.
May be the Congressional payroll should be the first to go when there are budget impasses.
@johnN, @catch22, StockCharts for $USTxy will show RSI(14). But it isn't useful in the TA sense of trading (overbought or oversold) as the rates are driven by the FOMC actions.
https://stockcharts.com/h-sc/ui?s=$UST6M&p=D&b=5&…
M* dynamic definition of "small" often doesn't match the market-cap based static definitions used by most funds. M* categories include US "Small" (bottom 10% by market-cap) value, blend, growth; foreign "Small/Mid" (bottom 30%*) and global "Small/Mi…
More ideas this week, 12/10/22.
TAXES and GIVING. The ESTATE exemption of $12.06/$24.12 million (single/joint) is for super-wealthy, but there are many others things that ordinary investors can do. ANNUAL gift EXEMPTION is $16K/yr/person ($17K in 2…
Most sites have RSI default as 14 but it can be adjusted. In daily view, it is 14 days, in weekly view 14 weeks, in monthly view 14 months. Strength or weakness in 14 periods can only tell so much.
There is also a different RSI that is company or f…
Convenience.
I have a brick-&-mortar bank a couple of blocks away where I have some (low-rate) walk-in $s + bank locker. A/C is linked to a fund company, so $s can be shifted easily (it did give me a hard time in setting that ACH link; kept say…
Schwab + TD Ameritrade deal closed in 2020. But integration of large brokerages is complex and Schwab plans to complete most of the transition for retail by early-2023 and for advisors by late-2023.
https://www.aboutschwab.com/schwab-statement-on-a…
@LewisBraham, @msf, I think that discussion was under Vanguard Cash Plus thread,
https://www.mutualfundobserver.com/discuss/discussion/60296/vanguard-cash-plus-savings-fdic-insured
I continued on with my research and finally put a multi-post info …
I think @Old_Joe's explanation for offer rates of CD is plausible.
CDs do take some time to put out. Various brokerage platforms have fees of 35-50 bps (that are paid by the banks, not the retail buyers). So, banks set some offering rate ahead and …
A while ago I checked - Fido & Schwab offer only FDIC insured CDs on their platforms (as do most major brokerages).
But it is an important caution. Many smaller brokerages offer all kinds of CDs. Some may be from foreign banks operating in the …
Biggest SPAC was from Bill Ackman and he returned a handful of billions cash. He did try some creative ideas but those were rejected by regulators.
SPCZ (Sherman's SPAC SPC is similar. I think he posts here.) mentioned by Barron's only invests in th…
House Speaker is a member of the House by tradition but he/she doesn't have to be. Speaker has a tie-breaking vote.
On the other hand, Speaker Pro Tempore must be a member.
https://www.govinfo.gov/content/pkg/GPO-HPRACTICE-108/html/GPO-HPRACTICE-1…
IWM based on R2000 is not a good SC index. Almost 1/3 rd of its companies have no earnings. Russell also has a bad annual rebalancing policy for all of its indexes - the date is preannounced and all is done on a single day, so there is lot of front-…
DAILY PRICING of illiquid securities may not be reliable. The 3rd party pricing services may use matrix pricing or guesswork for things that haven’t traded recently. This would affect interval-funds as well as normal OEFs/ETFs/CEFs. The difference m…
