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Have you noticed that Morningstar lists the PrimeCap Vanguard funds status as "open," while Morningstar Investor lists them as "closed" ?
Poor editing.
3rd line in M* Analyst - Summary, "...The fund, subadvised by Primecap and closed to all investo…
I helped a friend buy Treasury (ladder) at Fido and Vanguard. And I have bought Treasuries at Fido and Schwab. Each has its pros and cons. One good thing with Vanguard was that the Treasury ladder could be named, saved and accessed for analysis or f…
I have Paxlovid box & insert. It is a combo oral and each dose is:
300mg nirmatrelvir (2 x 150mg) - it is the Covid antiviral. It interferes with the process of Covid replication in other cells. So, Paxloid must be started within 5 days on ini…
My long-term logins continue to work from PC and Android phone. But I won't test issues by M* logoff and login.
There are separate logins,
M* Discussion https://community.morningstar.com/s/discussion-categories
M* Home https://www.morningstar.com/
Paxlovid seems an effective medication. It is by prescription but is free from government or from health insurance. I don't know, how much Pfizer gets paid for it although I read somewhere that it would sell it for $530/box (5-day course) list.
It…
Thanks for well wishes & suggestions.
Will give Cinnamon Red Hots candies a try. A relative is coming tomorrow to drop some meds & supplies at the door. Will ask her to also stop at the nearby Walmart.
We were waiting to get the new bivale…
Paxlovid seems an effective medication. It is by prescription but is free from government or from health insurance. I don't know, how much Pfizer gets paid for it although I read somewhere that it would sell it for $530/box (5-day course) list.
It…
Treasury Direct FAQs say that Friday October 28, 2022 will be the last day for the current 9.62% rate. Beyond that, lower November 1 rate will apply.
https://www.treasurydirect.gov/help-center/savings-bond-faqs/
I had planned some transactions for October and I got them done by last week. Some were minor tinkering. One move was higher allocations for multi-asset funds (FMSDX, VPGDX) with money coming from some traditional allocation funds.
This bounce coul…
Keep in mind that the 30-day SEC yield is the PROSPECTIVE yield (one in the bush) and it crazy good due to a historic selloff in the bond market (worse for global bonds). Off course, strong dollar piles up on that negative return.
https://ybbpersona…
Current Barron's has a Q&A with David Hero. LINK1 LINK2
David HERO, Harris (international CIO; OAKIX). There are attractive values in EUROPE and CHINA (several big Chinese companies have dual-listed in the US and HK). Rising dollar is a headwin…
PM Truss resigned.
If BJ comes back, that would give a new meaning to recall.
https://www.cnbc.com/2022/10/20/uk-prime-minister-liz-truss-resigns-after-failed-budget-and-market-turmoil.html
YB-Let me try - Cusip - 912796ZU6 UNITED STATES TREAS BILLS ZERO CPN 0.00000% 02/14/2023 - asking 98.6860 ask yield 4.155 what will I get when it matures on 2/14/2023.
Thanks,
D
T-Bills are sold at discount. So, you buy at $98.686, get $100.00 on…
@kings53man, the secondary market for Treasuries is huge and liquid, so bid-ask spreads are tiny, unlike those for corporates and munis.
I do prefer buying Treasuries at auctions, but I was saying that it is easy to START a Treasury ladder by buyin…
All branded or unbranded gasoline comes from the same regional distributions centers (to which it is pipelined unblended to avoid corrosion in the pipelines). The magic formula/mix/branding is done for the tankers.
I pass by such a distribution cen…
Resignations start.
The Home/Interior Minister has resigned "citing her minor breach/mistake of using her personal email for an official business" (an easy excuse to make up that doesn't rattle the apple cart) but also citing her other concerns. On…
Outside of the US, surcharges for credit card purchases are common. Once when I returned from a foreign trip, I was surprised to see not only 4% card surcharges (expected) but also 3% currency fees (unexpected), for a total of 7%!
Merchants have de…
AMZN + BRK + JPM tried Haven healthcare for 3 yrs but gave up in 2021. Each may continue somethings by themselves.
AAPL has been talking about Apple TV, Apple Car, etc. Suddenly, it is Apple Healthcare.
@kings52man, setting up Treasury ladder is easy at Fido with secondary market Treasury purchases, and then you rollover at auctions as they mature.
I recently helped a friend set up 6-12-18-24 mo T-Bills/Notes ladders at Fido and Vanguard. He will …
Interval-funds are relatively new. Many major firms have them (BlackRock, Blackstone, BNY Mellon, Calamos, GS, Invesco, KKR, Lord Abbett, Pimco, Principal). And this is Fido's first - can you imagine Fido being left behind in something (it almost go…
In medical, healthcare and safety areas, this dumping of liability of on somebody else isn't allowed.
So, there should be general tracing/tracking/claw-back of other liabilities.
Related. Remember, one problem with subprime mortgages was that thei…
@David_Snowball, that is typical of most private boards. From other sites that I am familiar with, one would make it semi-public - meaning that title is public in site indexes but viewing of content and/or posting rights be member-only. I don't know…
My post at Twitter, 10/14/22 (LINK)
Weak excuses by someone w Harvard & Stanford education, & whose name has been floated for Treasury Secy, Fed Chair, Comp of Currency, etc. Atlanta Fed Prez is really a private sector job w some public rol…
@msf:
"When it comes to Schwab, Schwab Bank is a real, FDIC-insured bank, separate from but affiliated with the broker-dealer Charles Schwab & Co. "Affiliated" here means that they are both owned by the same parent company, The Charles Schwab C…
Are you catching up with March/April 2021?
Anyway, GABVX is a focused MC-blend, but has high exposure to SC; it also has exposure to M&A deals. So, SP500 isn't a good benchmark for it. As it has only 25 stocks, you will have to dig into those f…
There is some validity to what Paul Schatz said.
Stocks beaten down by market forces (not for fundamental reasons) do rebound strongly later. January-effect for small-caps and tax-loss hit stocks is based on that. As they say, grease does float to …
The IRS just denied my deduction for foreign taxes that were shown in my brokerage 1099s; I didn't file From 1116. IRS said that those foreign tax credits were just offset by my AMT obligations. I am really far from AMT but did have high tax-exempt …
Sure, a bond guy can say that.
To friends who have already suffered historic bond losses this year, I have suggested to shift "some" to stocks for better recovery. Better yet, to use multi-asset funds that mix stocks-bonds-alternatives (FMSDX, VPGD…
@Derf, of course, you know that there is no "fund" or "separate account". All FICA taxes go into the general Treasury fund, and all SSA payments come out of that. All this talk about the "fund" and "fund running out of money" is just government inte…
There are various government inflation releases: CPI (by default, CPI-U), C-CPI-U, CPI-W, PCE, PPI. All have headline and core versions, seasonally adjusted and unadjusted versions.
Already we see that different measures are favored by different gr…
Here are live CPI level and %change charts from FRED. I have set them to 10 yrs, but the data goes to Jan 1947 (Max). FRED is updated minutes after the CPI release.
CPI Levels https://fred.stlouisfed.org/graph/?g=UOyx
CPI Annual % Changes https:…
That is correct. For I-Bonds, Treasury Direct uses March, September, March (end) points for 6-mo inflation adjustments for seasonally unadjusted CPI. These are the most recent CPI reports available for May 1 and November 1 I-Bond rate announcements.…
@JD_co, for the variable part, guessing has ended today as Mar-Sep CPI data are in. The fixed part is entirely up to Treasury (Yellen) & it tracks 5-yr real rates (TIPS yields) with some lag - it was negative in Mar but is positive now (+1.8%). …
Oakmark/Harris is a value-oriented boutique shop based in Chicago (not far from M* offices but I don't think that impacts M* ratings). Some of its managers follow concentrated, high-conviction strategy. Hero (OAKIX) and Nygren (OAKMX, OAKLX) are oft…
