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I understood. What I reproduced above was from Schwab's page showing "wrong" (i.e. stale) data. The same numbers that M* showed at the time.
I've since figured out what is happening (with careful rereading of your post). I'll add more detail l…
Could you say where on Schwab you're looking? What I see as of 9:46PM is:
https://www.schwab.com/research/mutual-funds/quotes/summary/wcpnx
NAV Change Net Expense Ratio YTD Return
$9.68 +0.02 (0.21%) 0.65% 2.90%
Quote data as of close 03/31/2025…
So as not to further offend, I am reproducing below two of your posts in toto. The only editing I've done is to highlight the two sections I have questions about.
With respect to the first (FLPSX pricing) I previously asked: "Speculation or did yo…
IMHO it's not so much a question of what is "normal". If an investor is not comfortable with occasional short term "abormal" fluctuations, then perhaps the investor should be looking elsewhere.
JAAA's price range yesterday was 17¢. That's a shad…
Your FLPSX ($40.21) and other Fidelity funds' marks were updated at Schwab prior to 7PM EST.
Speculation or did you check Fidelity's prices at Schwab prior to 7PM EST last night? When I looked at Schwab's price for FLPSX shortly after making my po…
Just a warning. If you use Portf. Mgr, don't trust it. Check the ACTUAL numbers at your brokerage's website.
While people love to rag on M*, often it's not the one at fault. Tonight, upon checking the ACTUAL numbers at my brokerage's (Fidelity's) …
things didn't work out so well for the last tariff czar McKinley, if you know what I mean!
He didn't get to run for a third term either? :-) Though he was succeeded by a Roosevelt who did run for a third term. No, not that Roosevelt.
IMHO the biggest problem is the uncertainty. What are the tariffs today? Wednesday? Next Tuesday? And because businesses cannot make long term capital allocation plans, this virtually guarantees that GDP will be below potential GDP. That's an…
Some people are better at search queries than others. So let me offer a little tip: if one is looking for a page containing an exact phrase (preferably of more than a couple of words), one can try executing a search for that precise phrase. Here, …
The House's January "Menu of Options" is just that - a laundry list of "some 200 ways the government could raise extra funds to offset the impact of extending the 2017 Trump tax cuts." It's a bunch of bullet item talking points with no detail. W…
I started wondering what would happen if all the "real car" (not SUV, not truck) manufacturers simply picked up their marbles and went home. Reuters reports:
Automakers may spread the tariff cost between U.S.-produced and imported models, cut back…
Yesterday a dividend was received from one of the 9 CEFs. But it was “reinvested” into the fund (as I’d previously established) separately. In other words, the share total in the “basket” for this fund did not increase. Rather, a new position in the…
Would it be possible that by removing advisory boards it might be easier to cook (even maybe overcook) the government books?
You mean like redefining words to mean what the government wants them to mean (thank you Humpty Dumpty)?
Reuters: US Comm…
You might consider SUTXX (Schwab) or FSIXX (Fidelity, Merrill). No B/A spread, no fluctuating prices, no premiums/discounts, no 1099-Bs, no wash sales, and nearly identical performance to SGOV.
Through March 24, FSIXX has returned 0.97% and SGOV h…
Fidelity does not seem to have updated its documentation with respect to Fidelity Wealth Management.
https://www.fidelity.com/wealth-management/wealth-management-detail
Fidelity® Wealth Services (FWS) Wealth Management service-level clients must ge…
It looks like one can trade etf MMFs at T Rowe Price, even though you can't do this at Fidelity or Schwab.
https://mutualfundobserver.com/discuss/discussion/63581/fidelity-schwab-block-orders-of-blackrock-and-texas-capital-etfs
I agree that Fideli…
Based on my experience, I would trust USPS over several American companies, including TRP, for customer service.
The sum total of your experience with USPS expressed in this thread is that the USPS failed to deliver a letter that you were expectin…
I was recently notified by USPS Informed Delivery that a letter from TRP will be delivered. ... I did not receive the said letter... Two days later my neighbor brought over the TRP letter.
...
I would trust USPS over TRP for service reliability.
L…
ISTM that if the FDIC were to be wound down in an orderly manner (hah!), only new deposits would be at risk. So this possibility doesn't strike me as a reason to avoid CDs or other insured bank accounts.
OTOH, if the FDIC were to implode due to …
Vanguard Cash Plus Account benefits
One account. Two ways to divvy up your cash:
Keep all your money in the bank sweep program [and/or] Diversify into 5 Vanguard money market funds
https://investor.vanguard.com/accounts-plans/vanguard-cash-plus-acc…
Otherwise, it's just sparkling idiocy.
Or foamy idiocy. As in "The Champagne of [Bottle] Beers", something the EU may smash on sight (if on site)
https://www.foodandwine.com/miller-high-life-destroyed-belgium-customs-champagne-7483246
Perhaps ou…
That sort of makes sense. The Social Security Fairness Act of 2023 makes adjustments to claimed benefits. These adjustments are made to all eligible claims beginning Jan 1, 2024.
Independent of this is another SS rule: you can make claims retroac…
Here's Raymond James table of which GSEs are state taxable and which are state tax-exempt (eg. TVA exempt, GNMA not):
https://www.raymondjames.com/wealth-management/advice-products-and-services/investment-solutions/fixed-income/taxable-bonds/govern…
Tthe complaint hinged partly on CapOne advertising the old account as having one of the highest interest rates. Otherwise, it might have no more obligation to its customers to notify them of a better in-house account than it would have to notify th…
I believe the total to be 37.2 +8 = 45.2% state non taxable ? Agree or not ?
Disagree. I believe (but haven't checked lately) that it is percentage of income, not assets that matters. In any case, Schwab, like all fund sponsors, provides taxpayer…
Not that it matters, but this "bug" was not well reported.
The way many of the reports came out (COBOL, ancient people supposedly getting benefits) made it sound like a Y2K problem. A lot of business programs, often written in COBOL, represente…
which may indicate investor demand
Just speculating here since I haven't taken a close look at newly launched ETFs. ISTM that since there are no owners when an ETF launches, there could only be buyers in the secondary market. A premium might not…
"...in a country where people are facing systematically higher financial and job insecurity, the people are, on average, less likely to save...."
This is a rather odd conclusion involving multiple uses of the word "saving". It does not come from t…
There's the real NAV (what a fund is actually worth at 4:01PM) and the perception of a fund's worth. For perhaps many hours or even days, that perception is distorted. What we perceive now is a reflection of what the NAV used to be then (stale data…
Thanks @Crash.
stats do catch-up to reality
Exactly. Not just M* stats but official (fund sponsor) stats as well. As of 4PM every trading day the NAV of funds is determined, metaphysically speaking. That's reality, even though the funds are jus…
Beware that preferred "stocks" are really debt of very long or indefinite maturities
That's a good practical description, i.e. from the investor's perspective preferred stocks are debt. Though for most tax purposes they are treated as dividend-pay…
If VTCLX floats your boat, there are a couple of ETFs tracking the R1K. VONE (Vanguard) and IWB (iShares). VTCLX also tracks the R1K though more loosely for better tax efficiency.
The ETFs have slightly higher tax cost ratios than VTCLX (0.41% and…
The only competitor for VTMFX that I'm aware of is TAIFX. It is also 5*, also M* silver-rated (FWIW), but performance is slightly less.
Index funds are naturally somewhat tax efficient. So with a fund like VTMSX you might look at "regular" index …
I didn't realize that FullerThaler sub-managed any funds. This (UBVAX) is a SCV fund. The same managers as this fund also manage an open MCV fund under the FullerThaler name: FTVNX.
In the SCV space, FullerThaler does offer one fund, FTMSX, but …
OJ - Likewise I agree with your points.
My concern is that painting with broad brushstrokes, conflating the messengers with the messages, inculcates distrust in government research and analysis. And in doing so, enables "Donald Trump and his co…
that the government was telling the voters that all was OK
The government (read Bureau of Labor Statistics) produced accurate data, though with misleading headlines. It was politicians and some reporters (who knew better or were ignorant) who told…
Actually, I understood him to say that the tools and metrics do measure what they are supposed to measure, but it's the wrong stuff.
What he wrote was: Our research revealed that the data collected by the various agencies is largely accurate. Moreo…
intellectual dishonesty of the author
IMHO he overstated the adjustments necessary to come up with values that represent what people think they represent. That's a second level exaggeration. It still gets closer to the truth.
His points and t…
His point, as I take it, is that the numbers, though accurate are misunderstood. So things are worse than people get from the numbers reading them simplistically. True enough. But then he goes and does the same thing by simplistically presentin…
For most people, an egg a day does not increase your risk of a heart attack, a stroke, or any other type of cardiovascular disease.
...
Of course, it matters greatly what you eat with your eggs. The saturated fat in butter, cheese, bacon, sausage, m…
