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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.

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fundly

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fundly
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  • Statement of additional information. Usually an addendum to a prospectus or report.
  • @MSF. Thank you for your comments above. I did review your pros and cons before I made my decision last year. You have a wonderful ability to explain and tease out the issues with financial decisions for those who are not aware of them. My sister is…
  • For those of us that pay state income taxes, it would be a factor in deciding between RPHIX and T-Bills. I cut my RPHIX holding in half and also bought treasuries a year ago because of this reason.
  • @Balu. Yup I mucked it up in my haste to post the info. It is the GMO Quality I fund with about 20% international equity. Thanks!
  • You get this information only within your brokerage account
  • For anyone interested. GMO US Quality fund I GQLIX is available at Firstrade for $100 minimum. The info is available within ones account.
  • We have excellent insurance and credit rating. 2 cars ,home and umbrella is what we have. Was with Metropolitan for 20 years with multiple discounts. For curiosity got multiple quotes 7 years ago. Erie came out on top and always cheaper than Amica,…
  • @Old Joe . One possible solution. Use a discount store such as Aldi or Walmart. Tally up the typical necessity basket of goods for the average family (perhaps 20-30 items at regular price ) cost on day one and and then on day 365 buy the same item…
  • FWIW I just do not believe the numbers CMS spews out as noted in the yellow graph above. Except for the egg cost decreases which I have seen ,almost every other food item in our discount grocery stores has risen sharply in the past year. Along with …
  • Thanks for the CPI-W figures posted. My opinion. A fool would think these figures are true and correct. I do the food shopping for the home. One example. At our Aldi, a true discount food store, a box of saltines has gone from 0.95 to 1.49 in the p…
  • How can anyone be so gullible in quoting CMS press releases that are factually wrong. I am looking at a Cigna part D plan , called Cigna Extra which cost 67.60 per month in 2023 and will cost 79.30 per month in 2024 That is a 17% increase on the 11.…
  • Whatever method used to set the COLA is directed by some government entity. The problem is the method used now (CPI-W) in no way comes close to the true inflation rate seen and endured by your average citizen. Knowing how this is calculated @YBB doe…
  • My guess is that after the expected Medicare part B and D cost increases for next year this 3.2% will be a joke and more closer to 0%. 3.2% HUH! We all know how foolish this number is. Just renewed car and home insurance with an average 13% total …
  • Our local library card gives us full and free access to M* via a log on to the internet from anywhere, with no ads or any other issues to deal with. It is a great service I have used for years. Also Firstrade has full access as noted above, if you…
  • @rforno. As soon as the rates decrease I intend to sell USFR. Until then using this etf makes it easy to keep up with the rate increases with little effort. If the rates remain stable I see no reason not to buy at this time. I do not like auto roll…
  • Per the Wisdom Tree site today. USFR 30 day sec yield 5.30% Distribution yield is 5.35%.This correlates with the dividends I get.
  • @YBB. This is a personal issue where I have set up all my bills to be paid on the 1st of each month. USFR typically pays dividends around 5 days before the end of the month and I can use the dividends to pay bills on the 1st. TFLO pays dividends in …
  • If you live in a high tax state it makes more sense to go with the etf's vs the mmkt funds as the former is 100% state tax free, where the govt mmkt's are not usually, because of their repo holdings. I use both the etf USFR and also S/T bills becau…
  • The best way to get the % of US obligations for most funds is to go directly to the fund sponsor site for it .usually in late Feb for the last tax year. For example. For USFR google "Wisdom tree 2022 tax" and their funds with US obligations will be …
  • @finder. Consider USFR a Floating rate etf with a 7 day duration, 5.28% 30 day sec yield which I expect will increase in the next week. All US treasury bills. No state tax. Easy peasy. Can be bought and sold anytime. Pays monthly.
  • @DavidF. As far as I can tell anyone with a self directed Wellstrade acct. can own it. I do. For other brokerages you would have to inquire.
  • Just to clarify as noted on the pricing sheet all fund types are NTF but loads are not waived per the csr's I have talked to.
  • @ Balu. All share classes sold are NTF from my experience. However with A class shares you would have to pay a load as dictated by the fund company. Firstrade unlike other brokerages does not waive these loads. Also no money market funds are availa…
  • @Balu. You are correct about he STR fees you noted. If you are a.long term investor as I am ,this is unimportant. As we all know PRWCX/TRAIX is a gem and would be held long term in most cases.
  • @ MSF. Thank you for your suggestion. I have not as yet tried what you noted about an in kind transfer but I have thought about doing this. I have a gut suspicion Firstrade may not do this nontaxable conversion as they are usually not able to handle…
  • PRWCX is NOT closed. I purchased TRAIX which is the institutional form of prwcx last week at Firstrade which has a minimum of $ 100. to purchase. Sorry ,but not a myth! If you have an account with them you would have to look it up in your account. I…
  • The institutional form of PRWCX is TRAIX and is available for purchase at Firstrade with a $100 minimum.
  • Other brokerages may have these funds on their platform. I was pleasantly surprised to find FNSXX the highest paying prime fund available with a $0 minimum in my Wellstrade account.
  • Depending on the brokerage ,typically the transferred assets have to stay in the new home for 2 months but can be up to one year so that the bonus is not lost. As with investing, due diligence is necessary to get all the information needed prior to …
  • Another possibility for a "safe harbor" option, if someone is etf savvy is the treasury floating rate ETF, USFR paying 4.79% now. It is all treasury bills with a duration 0f 0.02. In addition it is state tax free with 100% t-bills. This has worked w…
  • I gorked out with my note above. What I meant was Morningstar with its screeners was available not MFO premium ,at my library.
  • Your library may have free access to MF premium from your device . I get this access via my local library
  • My experiences. At Fidelity same as above. Quicker phone help with more seasoned reps with Premium. Dedicated rep disappeared. With Etrade surprise ,surprise, surprise. A dedicated rep who has a direct # and calls back usually within 15 min. He han…
  • @ybb. Kindly interpret this chart and what is ROC? Thanks.
  • @ MrRuffles. If the acct is large, I think greater than 50K ask to be assigned to personal rep and ask for their phone #. Call that person and leave a message. They will facilitate resolution of any problems that might occur I always got a callback …
  • Had to keep the Vanguard acct as Etrade like many other firms ,does not carry most Admiral funds. We put up with the negatives as others have noted but save a lot on the ER.
  • I opened an acct with them 5 months ago and am pleasantly surprised that now, all funds including institutional ones are NTF. I was with ALLY invest and the experience was Horrible. E-trade assigned us an adviser that handled all the issues in the t…
  • I have been quite happy with OUSM a small cap quality dividend ETF which is similar to VDIGX in its philosophy. Volatility is also muted compared to the indexes.
  • If available to you. I own this at Wellstrade with 0 minimum- Fidelity Mmkt- FNSXX todays 7 day yield 3.97%.
  • Sorry I have no way to do this. Suggest you look at their website to see if is posted there.