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.
”Isn’t Biden bad for the 2025 tax expiration? Won't that cost these guys a lot?”
- I’m not sure what you mean here Anna. Biden and most Democrats would raise taxes on the very wealthy. So, yes, a Democratic victory in November might “cost these gu…
If so, what is your rationale, and what has your experience been?
I have some limited indirect exposure. But I do not hold any gold / precious metals funds or stocks at this time..
My experience: Gold / PC miners are explosive (no pun intended)…
David - Outstanding issue. Thank you.
You & Chip are in for a real treat in Michigan’s UP. Tahquamenon Falls State Park, about 10 minutes from Paradise, is one of my favorite spots. Also near Paradise is Whitefish Point with a small shipwr…
Thanks @Mark / Interesting speculation …
Something has to give ….
I suspect pressure is being applied on Biden by Harris & her supporters to hang tough. Obvious reasons. Problem is - He may be afflicted with a degenerative condition. Don’…
To All - I’d like to withdraw my earlier request that the thread be moved to Off Topic. I made the comment in good faith thinking I was supporting @BaluBalu’s “Yes” response to @Derf’s question as to whether the thread should move to OT. My comm…
Maybe any time an "expert" talks on TV, the host should pull out his/her record and challenge them. If they do that, no expert would show up and they would not have any shows. What a joke?
The good news - This is not the same MME (Media Market…
Thanks for the feedback @Crash. Agree somewhat. What I try to do with something like the lengthy M* piece is just skim it, selecting only certain parts to read. I’ve broadened out the theme a bit & added a couple additional sources after see…
” Houston, we have a problem … “
That shout-out to Mission Control from Apollo 13 commander Jim Lovell in April 1970 signaled the beginning of a dizzying full-front effort to save the severely crippled craft and return the 3-man crew safely to E…
Managed to charge exactly $100 on the new card yesterday. $83.83 bought a (very good) bottle of single malt + tax. $16.17 went for motor fuel. The plan is to study the card’s workings (billing cycles, due dates, minimum payments, 2% cash-back …
LOL / @Mark - Thanks. I just discovered CEF Connect recently. Great source. What I take away from your link is that since its initial offering at $25 in 2012 PDI has seen highs near $33-34 and lows as low as $16. That’s a little deceptive because…
Use a chopper to get around. See them all the time flying over NYC. But their subway was “state of the art” in the 1920s I think.
Thanks @Crash for adding some comment about the show. Improves the thread. Haven’t viewed yet, but plan to.
Sold a tech CEF fund that I bought when it was heavily mis-priced but I am still hanging on to its ETF bigger brothers. Stashing the proceeds into a MM fund until I see more clarity ahead. Yes, I'm in the cautious camp.
Good for you. Sounds like goo…
NASA / Boeing Insist Starliner Crew isn’t Stranded in Space
"We're not stuck on the ISS," said Mark Nappi, Boeing's vice president in charge of the Starliner program. "It's pretty painful to read the things that are out there. We've gotten a real…
“The keystone address was cued up with pounding music and a disembodied voice urging up to put our hands together for Ivanna … “
Sounds like you landed at a Trump rally by accident ... :)
Nice article @Mark. Thanks.
Here’s a shorter one that perhaps adds a little more:
Credit-Based Insurance Scores Aren’t the Same as a Credit Score. Understand How Credit and Other Factors Determine Your Premiums.
Various sources suggest a max use…
Edit: I read links in @msf post. I decided to pay off the CC. Please do not assume your situation will be similar to mine. Please do your DD. I do not want my posts resulting in financial draw backs (incl opportunity costs) for others. I am incline…
I have posted in the insurance thread that anecdotally I have observed that home, auto, and health insurance premiums are worse for poorer zip codes - that is based on my personal experience of living in different zip codes and also by comparing wit…
Yes, that kind of steep insurance increase is an eye-grabber. Let us know if you are able to confirm a link between the insurance increase and credit. I’m thinking probably not.
My general reading suggests one’s credit score is partially based on t…
I’ll activate the card tomorrow and then quickly charge $100 gas on it just to get an early feel for how things operate: billing cycles, minimum payments, how to make a payment, etc. I’d expect it to be a few more weeks before the project begin…
Agree with @BenWP to an extent. Something more than age here. I’m not medically trained, but the man did not look well. Did not sound well. More then a simple question of age. Was this just a “one-off? Let us pray.
I don't know if this applies to your situation or not but one common "gotcha" on many "No fees or Interest for the First X Years" is that interest and fees will accrue over the X time span if the credit charge account is not paid off before the end …
Thanks @msf. Excellent information. Credit score is typically around 800. I could be wrong, but doubt it would take a big hit. I still have another Elan card that’s been paid in full every month since first issued about 20 years ago. No auto loan…
Fidelity’s card has arrived. Plenty of available credit. Haven’t gotten around to activating it yet. The paperwork that came along says no interest on purchases until around the end of December 2025. Have contracted to have a major landscape / out…
The U.S. surgeon general declared gun violence in the country a public health crisis on Tuesday,
In 2020, gun violence became the leading cause of death among U.S. children and adolescents, the report noted. The firearm mortality rate among yout…
On the main "Discussions" and "Discussions that have comments" pages each thread has a small "star" icon out at the end. If you click on that star it saves the thread to your "My Bookmarks" list, making it very easy to find that thread in the future…
”Customers will be able to buy “yes” contracts or “no” contracts based on a stated outcome for an indicator.”
Yes, this sounds a lot like DraftKings. Could cut into their business.
Well, there is a difference. On DraftKings you click whether a tea…
Don’t get megoing on the airlines …
- Of 3 trips since the first of December I’ve been boarded and then taxied and returned to the terminal 4 times.
- On a 5th we got within a couple hundred miles of the final destination (home) and turned b…
Yep. I get a lot of those emails from every Dem in the country. With the Apple mail app it’s pretty easy to shoot things over to “junk” and that kills the particular sender (like blocking).
ESPN gives me a baseball game nightly. So that helps esc…
Thanks for all the tips @msf / I ‘ve been tripped up before by the different M* views. Yours is a brief lesson I’ll keep referring to for reference! Often find myself hunting for old threads that contained some special nugget of information.
BINC looks a lot better on Blackrock’s website than at M*. Geeeeze.
It has no cash (actually a few percent negative) compared to M*’s reported 43%!
And very little sub investment grade paper - roughly 25% (but almost all BB). You couldn’t tell that…
This was a tough day for duration. The 10-Year spiked to 4.34% (10 basis points).
A few bond funds I watch, with today’s move …
JPIE -0.09%
LSST -0.14%
BINC -0.15%
PYLD -0.16%
GNMA -0.32%
JPIB -0.40%
BRTR -0.52%
GBAB -0.88…
Thanks FD. I’m trying to go up the ladder in credit quality for portfolio purposes. Also unsure of how big a distribution I’ll be taking or exactly when. Would prefer not to buy into a (OEF) mutual fund at this time.
” -31.09% "net other short duration instruments,"
Thanks @AndyJ. Sounds like M* was off by roughly a factor of 3. When I held PYLD in the past, Fido’s analytics didn’t seem to notice anything abnormal. Appeared to read it as a normal bond al…
