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.
@Crash. I use Brave most of the time. I ran a test just now and mine pulls-up & plays UTube videos fine. I checked settings and the search engine option is set to “Brave Search.” Dunno. I think I’ve had some issues like the one you report in th…
Oh, I don’t wish that on anyone. AFAIK he hasn’t actually shot anybody on 5th Avenue - just bragged about being able to do so. Remember that the end of a single cockroach's existence doesn’t solve the underlying problem.
"TMWOT." @hank.
Tickled Me Wet On Top?
Tues-Mon-Wed-ORK-Trot?
Terrible Minced Water Off Turkeys?
All of the above sound super silly to my way of thinking. :)
Thank you @BaluBalu for the interesting tip on how these are traded. Makes sense. I’ve owned a few CEFs in the past but confess to never having paid attention to how they behave around the X-Dividend date. In this case the buy is intended as a long…
I goofed. Thanks fellas. Will move.
Great tip @Mark. Fido has some good content. To be honest, one CEF is about all I can handle. Not at all dissuaded from owning it. Just a really weird dive. Makes one wonder what drives the markets.
Probably could be termed … MGGA
The sad thing is that more and more people went along as the movement snowballed. If you happened to be on the “wrong” side your life and those of your family were endangered by “things that go bump in the night.”
…
I was surprised to learn recently that regardless of “tread-wear” tires need to be replaced at a time interval set by the manufacturer - usually about 6 years - a year or so longer with some premium brands. The reason is that the sidewalls deteriora…
I used to be fanatical about oil changes. Up until around 2005 I did my own - crawling around under the pickup or driving my small cars up on ramps to work underneath. A couple things changed. Vehicles got lower and lower to the ground making it ve…
From Bloomberg this evening:
”How the US Mopped Up a Third of Global Capital Flows Since Covid “
(Excerpt) “In the face of calls around the world to diversify out of the dollar in recent years, the US has nabbed almost one-third of all the investm…
As US-based companies earn revenues in other countries so do foreign-based companies earn revenues in the US. I’d be curious to see how public company revenues break down based on where the company is legally domiciled. Does anyone know of any data …
@msf said, ”If China is doing so well, should one be investing more in China, despite the political risks involved?”
That would be a contrarian bet for sure. All my sources (various financial writers / commentators / pundits) are really down on Chi…
Diversification means always having to say you're sorry about some investment in your portfolio!
Thanks @Observant1. I’m quite fond of Love Story with Ali MacGraw and Ryan O’Neil having first seen it around ‘71, a few years after graduating from …
I was surprised by Zakaria’s claim that Britain’s per-capita GDP is lower than that of any of our 50 states.
Like others here, I own a slice of GLFOX which invests in infrastructure and, for whatever reason, stays mainly in Europe. It has retu…
”I'm not sure what benefit anyone could derive from that …”
Oh, every bit helps. :)
Thanks for commenting. When I switched from investing at just a few fund houses to a full service brokerage 4 or 5 years ago it was as if a dark curtain had bee…
Great contributions all. Thanks for the insights.
I didn’t state my allocation earlier. I’m currently at 40% equity, 30% bond, 20% short-term fixed income and 10% “other.” The equity stake usually fluctuates between 40% and 50%. Anywhere in that …
A lot of things don’t work as well “by committee.” Learned that the hard way some 40+ years ago when a helpful neighbor and I nearly dropped a large tree onto my home while cutting it down. We ignored simple precautions like securing it to someth…
@msf said, ”Regarding Fidelity cash management - it will shortly be adding SPAXX (current SEC yield is 4.97%) as a core account option to its CMA account. Currently you're limited to a bank sweep paying 2.69% APR (2.72% APY)”. Elsewhere, @msf pro…
I have only two options, 99+% MM or 99+% in the market. Then I look when to sell.
Since 11/2022, it keeps saying 99+% invested. Right now it's not even close to a SELL signal.
I can’t believe you said that. It throws everything I’ve ever learned a…
Thanks @msf. That addresses the dividends. However, are not capital gains separate? Are the cap gains also included in the NAV? I’ve heard (in the distant past) that some fund managers will not reveal the date the cap gains are to be distributed …
I kinda of liked the old way better, having learned how to use a card printer while spending summers at a filling station working my way through college (60s). You had to apply a little bit of elbow-grease to the process. There was a “knack” to i…
@hank
Fido has an issue where you get a pop-up when you sell a fund saying “If you think you may be entitled to a fee wavier
I don't consider this as 'bad; but that the company trying to be helpful, no?.
Umm. Yes. I guess. Their online trading plat…
Rarely use chat. Too easy to bump the ipad’s screen and have everything disappear. Plus - typing fast I make a lot of embarrassing mistakes. True, you can take screen shots and have a record. Fido has an issue where you get a pop-up when you sell …
Thanks for the suggestion @bee / Nice looking etf. I’m just looking out a month or two at a potential need. Adding things to my watch list that look enticing. Yes - I’m aware Yogi pointed out that BKIPX was for retirement plans. I was just jesting …
Thank you @yogibearbull.
BAIPX wouldn’t come up for me at Fido.
BIIPX did come up, but with a $2 Mil minimum. So I shouldn’t need it any time soon.
BKIPX which I asked about now shows a $5 Mil minimum. (Didn’t notice that earlier) Yet in a sepa…
Does anyone know if nvda provides financing to their customers? What are the terms of that financing? Do they do business with special purpose vehicles? Does anyone know when exactly they book a sale vs actual deliveries? Especially with SPVs under…
I visited Costco last week.
The "greeter" at the entrance held a sign which stated gold bars were in stock.
I was aware Costco started selling gold a while ago but haven't seen it promoted like this previously.
I'm not sure if gold bars were physic…
OMG NVIDA TANKED to 120$/share! I called it the other day, I'm an investing *genius*! /sarc
(couldn't resist, folks...) :)
It’s nice that small mom & pop investors will now be able to afford it. :)
WCPGW?
…"Costco selling as much as $200 million in gold bars monthly"
I wonder if they have their "same-day" delivery service using their minimum wage delivery drivers for those?. And would you have to tip the delivery person in gold?
I think I read som…
My high school graduation gift in ‘64 was a Zenith 7-Transistor radio. State of the art. Fit in a shirt pocket. My family coughed up around $40 to buy it for me. That was the going price in 1964.
Yeah. Them vacuum tubes were nasty. Hot. Easy to br…
Since GLD inception 11-18-2004 recent history:
CAGR SPY 10.07% VBINX 60/40 7.38% and GLD 8.52%.
Interesting. Since inception GLD has done a little better on average than VBINX. However, VBINX’s inception date is about 12 years earlier (1992).
…
What happens when everyone who thinks they need NVDA chips has bought enough?
There's always leveraged trades on GameStop....lol
Don’t overlook DraftKings either … :)
@Sven - Naw - No apology necessary. I can’t speak for others on how they use technology. Just wanted to make clear I’m not anti-technology - except for not wanting to carry a “live” telephone in my pocket everywhere I go.
It’s been just fantastic w…
