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.
Wellstrade has one of the highest closeout fee around, $95. So it's a good thing that Firstrade covers those fees up to $200. I got so fed up with Wellstrade that, free trades and all, I left them years ago.
Remember Scottrade? Or before th…
You appear to have dropped the idea that violent crime is worse now in NYC than it was under Rudy. That's good, because violent crime dropped so much nationwide in the past two decades that even the worst mayors now are likely to have better numbe…
I believe Vanguard was merely "persuading" you (with threats?) to convert your account from the mutual fund platform to the brokerage platform. Vanguard has been sending me email every couple of weeks for months now asking me to convert. Here's s…
Finally. The Jetsons' car has arrived. Been waiting for one since I was a kid.
I'll keep waiting until they come out with the compact version that folds up into a briefcase. Too bad Sven had to say something about weight.
@Level5 - nice post. The lack of green space is obvious to anyone who has eyes and walks around less privileged neighborhoods. But it's good to have studies and statistics to not only substantiate this, but to quantify the effects.
The NY Times…
What do you think the object of BLM is? In the years since [forming], we’ve committed to struggling together and to imagining and creating a world free of anti-Blackness, where every Black person has the social, economic, and political power to th…
I just used wash sales as a concrete example of where the cost basis that the brokerage reports to the IRS is not correct - to illustrate that the ultimate responsibility for getting this right is the taxpayer's.
If the sale and repurchase of the s…
You misunderstood my comment. No, you overreached.
You even made it clear what your comment was about, literally, with a followup shortly thereafter:
Oh, and to be clear...having been in NYC dozens of times during both the Rudy and de Blasio …
That's true. The law strictly concerns information that the brokerage is required to provide the IRS. It is there to make it easier for the IRS to identify filers who misrepresent their costs. It is not there to relieve taxpayers of the responsi…
Here are a couple of earlier Section 19a docs for the fund: March and April. There may be others.
As @Vegomatic posted in another thread, sometimes these interim classifications of distributions change before getting to the official 1099-DIV.
T…
But is it gluten-free?
Actually a semi-serious question, since the article says only that the ice cream ribbon will be a "crispy golden cracker swirl". Consider that Coolhaus Yellow Cake Batter ice cream has no flour; at least it is yellow.
Gi…
Not all "facts" can be checked ... MSNBC commentator ... said that the number of murders in NYC this year were similar to "the 90's" when when Rudy was in office
You heard wrong, and some facts are incontestable:
The number of murders per year in…
I'm starting with no knowledge of the lumber industry, and am just picking things up as I go along.
It seems fair to say that uncertainty created by the pandemic is adversely affecting many industries, including this one. It's just that the "how" …
He delivered his remarks from a flag-festooned stage
Great, terse description. I found the whole display including the fireworks somewhat reminiscent of the Casino Royale (1967) scene in which Orson Wells performs magic in an over-the-top settin…
You're describing a "just in time" industry. This is something I was wondering about.
There are some industries that function that way. Think toilet paper. No inventory is kept because this is a product that takes up a lot of space relative t…
Here's Vanguard's press release (largely duplicative of the above info)
https://pressroom.vanguard.com/news/Press-Release-Vanguard-Announces-Changes-Money-Market-Fund-Lineup-082720.html
Over the past two decades, Vanguard’s approach has helped Prime…
"Other states and other jurisdictions may develop their own lists of essential industries and workers who would be excluded from broad 'shelter in place' or similar quarantine orders."
Exactly - one cannot say that on a national level any industry…
Wood products declared essential industry by US government (March 20th story)
https://kpic.com/news/local/wood-products-declared-essential-industry-by-us-government
A significant part of the problem is on the demand side, as reported in the story …
For the most part, I agree with you. If I liked the funds run by each management company, I might purchase 2-3 of them, perhaps because I couldn't decide, perhaps because I wanted to diversify management risk. Either way, I'd get the same result…
Large Blend, both, IRA and Taxable accounts.
That helps. I didn't know whether you were looking for a core fund or a good esoteric fund.
For the past several years, the more growthy a large cap international fund has been, the better it is likel…
MPEGX - that's a blast from the past. I owned it in my 401(k) years ago when it was called MAS (Miller Anderson & Sherrerd) Mid Cap Growth, and managed by Arden C Armstrong. Pure rocket fuel on the way up and on the way down.
Glancing at…
The first thing dictatorial regimes do upon seizing control is replace the legitimate media outlets with their own puppets
That's certainly one of the first things. The Bard had a different take:
Shakespeare's exact line ''The first thing we do, …
Under Clinton, the number of letter boxes increased from 282K in 1992 to 365K in 2000. That was the largest number of boxes from 1975 to the present.
https://about.usps.com/who-we-are/postal-history/mail-collection-boxes.pdf
Under Bush, they decre…
Thanks. That makes a lot more sense now.
Here are three funds that actually meet your more stringent original requirements, but there is no way I would suggest any of these as something to use in lieu of VWINX:
GBLMX - max drawdown 11.83% (8/31/1…
DHHIX was @davfor 's suggestion. It looks like you're restricting max drawdown to the past five years, else (I believe) VWINX's max drawdown would be -21.77%, between 10/29/07 and 3/9/09.
On the one hand, limiting your time frame to five years do…
Lewis wrote: "he final two are credits that benefit the middle class." The implication is that they benefit primarily the middle class. (For any tax law change one can usually find some middle class person somewhere who benefits.)
Yes, Section 8…
What's the point of the experiment? This mixes figures over spans of five years (annualized returns) and three years (Sharpe ratio); this mixes daily volatility (max drawdown day-to-day) with monthly volatility (Sharpe ratio based on monthly return…
Why do you think the Democrats are pushing Cheat by Mail and Ballot Harvesting so hard?
Ignoring the obviously biased (misinformed) characterization of something that's been repeatedly addressed, there's a simple one word answer to the neutral que…
From what I read, Hawaii is an OPEN PRIMARY state. "In Hawaii, any voter can participate in a political party's primary election regardless of the voter's partisan affiliation."
https://ballotpedia.org/Primary_elections_in_Hawaii
See also Ninth Cir…
Fidelity does not charge commissions for trading US stocks online. Any number of orders.
https://www.fidelity.com/trading/commissions-margin-rates
Vanguard also has no commissions for trading stocks online. Any client level, any number of orders…
These days, all ETFs are free at many brokerages, including Vanguard and Fidelity.
An exception is that Vanguard will not let you buy leveraged or inverse ETFs, and will charge you a commission to sell those ETFs you already hold there.
https://in…
Another problem with holding Vanguard funds at Fidelity is that you can't buy Admiral shares (except for index funds, where Vanguard no longer sells Investor shares to retail investors, and where the Admiral shares have a $3K min).
Fidelity will le…
Regarding debit/credit card rewards, Amex has beefed up its traditional Shop Small incentive. If you register your Amex card by tomorrow, they'll give you $5 credit if you buy $10+ at a wide variety of small businesses by Sept. 20th. You can do …
Vanguard? You mean that organization with no shareholders, where the customers ("clients") own the company and any profits made go to the customers in the form of lower prices?
You'd think they were running a food co-op.
https://www.commonground.…
One can open the accounts online and all the terms are online. What else did you need?
Even if one gets more information verbally, all one can safely rely on is what one has in writing.
Not all funds open for purchase at Fidelity are eligible for automatic investment. For any fund, this eligibility is subject to change, just as a fund being offered NTF is subject to change.
Unfortunately, the only way you can find out whether a …
