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.
Thanks @hank for doing the legwork and posting this. From what I gather from rapidly reading from the links provided, most of those who participate on this board may not qualify for the new ETFs. The strategy appears aimed at people who have north o…
Maybe @msf could check my math and simplify further
Eyeballing (mentally multiplying $12K by yogi's 1.3+x to get approximately $15.6K+), things look about right.
It's been a looong time since I graded math papers. I'm not restarting now :-)
I assume my deductible and my copay are additive ($200 +$1800 = $2000). At that point the cost of meds are fully coverage by my plan...whoopie!
Yup. Took me years to understand the interplay between copays, deductibles, and out of pocket max's, es…
wonder how much Prolia costs here (did not drill down):
https://www.pocketpills.com/drug/prolia
One can't drill down without a Canadian address - signing up requires one to enter a province name.
GoodRx shows pricing between $1,700 and $1,800 per…
Zero or low costs for all our meds too (Optum, Costco, CVS)
Drug plans often get little attention when comparing MAPD plans. For most people there's little difference - generics, preferred or otherwise, are either "free" or dirt cheap on most plan…
@Level5
Thanks for the well stated post. I agree that much of this comes down to trust, which is a variant of what @fred495 originally expressed as peace of mind.
Your supplemental plan, whether it is NYC's Senior Care or a standard Medigap plan (…
For a review of the history of our struggle to maintain our choice of health services you can visit one of the union sites here: https://psc-cuny.org/whats-happening-retiree-healthcare/
This is old news because basically nothing has changed since A…
You're talking about old news here. I'll have to dredge up old links from when this was new news and I was talking about it with some NYC retirees. As I recall, neither side was being especially honest. And there was an earlier proposal for cov…
I'm not going to try to dissuade you from staying with Plan F. Peace of mind has a certain intangible value that for you exceeds $372.
Regarding absence of bills with Plan F, that's the theory. And at worst, you may get a couple of bills that you…
@Crash - so much to unpack there about Medicare generally (i.e. not specific to Plan F or G).
Medicare does have a network; it's just very large and includes about 99% of non-pediatric physicians as of June 2023. Unlike Medicare Advantage plans, …
When Plan G came out, the expectation was that over time, its price advantage over Plan F would increase. The reason is that the pool of customers for Plan F would shrink (and age), thus adding risk to for the insurer and increasing potential payo…
Here's the Pub 590A section on withdrawing IRA contributions.
https://www.irs.gov/publications/p590a#en_US_2023_publink1000230703
You can generally make a tax-free withdrawal of contributions if you do it before the due date for filing your tax r…
The salary-cap also went up by a higher wage inflation of 4.45%.
https://blog.ssa.gov/social-security-announces-2-5-percent-benefit-increase-for-2025/
Yes, workers' wages went up more than inflation (CPI-W) last year. This is a good thing. It me…
It's OLD news.
The insurance industry uses 3rd party services from Infosys/McCamish and it had a breach. But companies have been tight lipped about it and the news is coming out like cockroaches. Those that have admitted so far are T Rowe Price/TR…
M* extended methodology is used for many reasons. The second on the list is changing its legal structure.
Last year, QRSIX was moved from one trust run by FPA to another trust run by FPA. Certainly you would not want M* to drop all performanc…
steps - lots of them. Ever hear of escalators?
I was going to add a comment about inaccessibility, but I couldn't find the page I was looking for to cite. NYC is by far the worst system in the country in terms of complying with the Americans with…
decades of corruption and criminality
The scope of the accusations are stunning. Prosecutors say that for almost a decade, Eric Adams abused his power as Brooklyn borough president and later as mayor in order to receive illegal campaign donations an…
Launch a national cryptocoin (pander to rich crypto bros, [negatively] impact the financial system)
But, but ... you don't seem to understand. Impacting the financial system is not a negative, it's a positive to take down the anti-conservative ba…
AP: After just a few hours, U.S. election bets put on hold by appeals court ruling
The Court of Appeals for the District of Columbia Circuit issued an order Thursday night temporarily freezing the matter until it can consider and rule on the issue. …
Have you considered an alternative like NEAR?
Better YTD, 1,3,5 year returns, lower expenses, nearly identical average duration, a positive Sharpe ratio (rare for this type of fund), nearly identical SEC yield, same average credit rating (AA- per…
Here's the wire story. LSST. You can just look at the URL, though the text says more.
https://www.businesswire.com/news/home/20240912751874/en/Natixis-Investment-Managers-to-Close-the-Natixis-Loomis-Sayles-Short-Duration-Income-ETF-NYSE-LSST
TCW MetWest AlphaTrak 500 Fund (M class)
This fund served as a competitor to PSTKX while being slightly cheaper and performing slightly better. It even bested VFIAX over the past decade by a hair, though hugely tax inefficient. But unlike PSTKX…
There are two different figures here, and they may be getting mixed up.
One is interest rate (not yield) assuming daily compounding. The other is total annual return. The former is indeed lower than the stated rate of a T-bill, though the latter…
The fund status is closed to all investors (see prospectus). Only div reinvestments are permitted.
This fund was formerly a State Street Research fund (not to be confused with SSgA). FWIW, there is a sibling fund, formerly SRLAX, now MDFGX. …
I'd skipped over this piece because of its title: Will Active ETFs Outnumber Passive ETFs? I don't care. As the article states, number of funds does not equate to AUM, i.e. market share.
Though as you point out, the piece goes into how these fun…
2 day old piece in the NYTimes on whether Trump and/or other insiders might sell once the lockup period expires.
https://www.nytimes.com/2024/09/09/business/trump-media-stock-lockup-agreement.html
A lot in there. There is some thought that other i…
I also checked ultra-ST FCNVX prospectus & it's still exempt from frequent trading.
As is FMNDX.
The frequent trading rule quoted applies just to Fidelity funds. Other NTF funds purchased at Fidelity are subject to a completely different sho…
Nothing against Duke as a company - I'd rather buy a note from them than a Wall Street company.
Senior unsecured Duke notes are rated Baa2 (Moody's) and BBB (S&P); current Goldman Sachs new issues (Fidelity listing) are rated A2 (Moody's) and B…
Any fresh thoughts re investing a few bucks here?
A number of companies package up variable rate demand notes into bank account-like accounts. Features may vary slightly (e.g. min required, check writing ability, min transaction amount) but the u…
Thanks for the heads-up @WABAC. I have wanted to add-to PRWCX in my 401k at Merrill forever. It would never allow me to do so in the past. I just put in an order to do so. Seems to have been accepted. Has a $49 TF but I'm ok with that. Fingers cros…
I wrote: If there was an announcement about this change, I missed it.
Yup, missed it. I don't generally frequent reddit. From a Fidelity moderator, 10 months ago:
It’s here! We’ve added the ability to automate your stock, ETF, and basket trades…
I suspect there is a setting somewhere that I’m not seeing that would direct them not to process a limit order unless / until all shares requested can be purchased or sold within the limit price set … …
Under "conditions" you can specify "all or no…
@Sven is asking what price is received when a purchase is made automatically, as opposed to being entered by the investor. It's a good question.
Most automatic investments are via DRIP plans. "True" DRIPs are set up with the companies themselves…
Fidelity is repeating what M* reports. You can see what info Fidelity has about each holding in your portfolio by clicking on "Learn more about your asset allocation" under the asset allocation ring in the upper left of the "analysis" page.
"Short…
Kinnel seems to imply you have to subscribe to M* Institutional database to run the screen. I haven't tried it in Fund investor. But why publish articles for individual investors based on a screen only available to high end clients?
It was never p…
