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.
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MikeM
I know you are not a fan of his, Mona (understatement :) )
Another Bills fan!!! Junkster just sent me a note saying the same. GO BILLS! They will be right down the road from me when training camp starts next week at St. John Fisher College. But tickets sold out in hours, so I won't be going. Are you from the area, Western NY?
@BaluBalu said: I warned you guys!
Well, from the glass 1/2 full perspective, BLNDX is still up substantially YTD... for now.
p.s, do you plan to exit soon? :)
@Crash, not questioning the plan, but say, if you don't have enough income to pay any taxes, and if you or your wife had some work income during the year, wouldn't that be an ideal situation to convert T IRA money to a Roth? In fact, as a retired se…
Could it be that a Trump victory isn't a shoe in any more with Harris taking the reins? I think recently there was quite a bump in trump sectors that may now not be as secure as thought.
I have the answer @hank. I just checked my Roth, 401k and T IRA accounts, which I try to manage as one portfolio, and the answer to your question is 15. 16 if you add cash that I group as treasuries, CDs and MM. No more, no less should be used!
I…
It's been a very good fund for me. I bought in 2021-2022. It had a mediocre 2023, but over it's history, it has delivered as well or better than PRWCX and FBALX, 2 balanced/alternative funds I also own. It's doing better than these 2 funds YTD and, …
Dennis Baran did a write up on MRFOX in the Feb. 2019 MFO commentary. He mentions that the funds' philosophy, process and discipline have been used successfully by the managers since 2008 with winning results and gives data on that SMA method. As D…
@rforno, I agree. The way they handle cash accounts is revenue for them, not us. That is the main reason, among others, that I sold out of my Intelligent Portfolio robo account. They hold 12% of assets in cash in a robo, which makes nothing for the …
" in 2023 Schwab made 50% of their revenue from interest on uninvested cash"
@rforno, @Old_Joe, I don't find anywhere where the interest from uninvested cash is 50% of their revenue. I do find this, below, that lays out where the 50%+ interest incom…
Not apples to apples, but a comparison where the manager uses an alternative strategy using specific stock picks compared to the same strategy using representative index ETFs would be Leuthold Core Investment, LCORX versus LCR. I would assume LCORX …
@Shostakovich, fwiw, I've held IAU since the start of covid in 2020. I've added and subtracted slightly during that time. This year I'm probably at my highest total. I believe it to be a good diversifier. Portfolio Visualizer shows gold to have a lo…
To Mark's point, you should be able to set up a monthly auto payment to cover the minimum amount. In that way you wouldn't have to worry about missing a payment and getting "gotcha'ed". FWIW. I know I can do that with my Capital One card, though I h…
Ditto what Andy said. I am very annoyed to be getting 2 or 3 texts a day for donations to Democratic candidates. "Triple the match if I donate now". I block the number and delete, but it doesn't matter. They have thousands of them.
Side note: Does Schwab offer fractional CDs (units of $100 instead of $1000)? I just opened a Schwab account and don't see this product offered.
@msf, multiples of $1000 is all I've ever seen at Schwab. And as I think @Old_Joe mentioned, you are alm…
I knew one of their "top investment partners " or whatever they called their independent broker salesmen.
That had to be a long time ago, @sma3, when you could only buy from American and you had to pay a load/commission for the "privilege". Those da…
@BenWP, XMHQ shows a very large dividend payment toady, 6/24. $4.58 per share. I noticed the drop in the market value in my account also at the start of the day and was a bit startled. But if you look at the ETF daily return, it is actually up about…
@Old_Joe said:
JPMorgan callables are sucker bait. They will be called, and as soon as possible.
Only sucker bait if you don't expect the call, Dan. I've bought quite a few CDs and Gov. Agency bonds that have been called, but you can play that game …
@hank, beer may never be your preferred beverage, but you sure picked a good one in Founders Porter. Happens to be my current favorite right now, If you ever are inclined to try another brand, Great Lakes in Cleveland has some excellent choices. I'd…
Thanks @hank. I found this quite interesting and positive with the content. I Have a lot invested in Capital Group. I put quite a bit in CGBL, the balanced fund and have a good holding in CGDV, dividend value. Also have a stake in CGGR, their domes…
He's the worse thing that's happened to this country in my lifetime.
Surprisingly and terrifyingly, it says so much about this country we live in. I can only imagine what Germany looked like in the late 20's, early 30's.
All I thought I did in the post you quoted was attempt to respond to the OP about our market participation level and briefly specify how. That ain't bragging in my books but YMMV.
@stillers, you may not realize it, but you do pretty much brag in eve…
The 4% rule assumes your investment portfolio contains about 60% stocks and 40% bonds. It also assumes you'll keep your spending level throughout retirement.
I like FLRN a lot. A nice steady trend. If you extrapolate out the 1 and 3 month results, it is returning in the range of 6.8% and 7.2% respectively, very close to it's 1 year return of 6.9%. I also hold RPHYX in this space.
Going out a bit farther…
Use google to find services on a map closest to where you live.
I think that's @hank's point, @WABAC. A search for services in your area seems contrived. Almost like the first to pop up have paid their way to the top. Finding the local mom amd pop s…
Portfolio-Check-Up on Schwab says I have about 5% international over all. If we are just looking at percent of equities, that would make me about 8-10%. My only dedicated international fund is FMIJX with smaller positions in a global fund, GQRPX an…
There is a transaction fees for secondaries.
@BaluBalu, to my knowledge, I've never paid a fee for a transaction for secondary agency bonds, treasuries or corporate bonds on that page. Last time this was brought up here, I went through all my buy hi…
@BaluBalu, I typically go to Research - Bonds, CDs and Fixed Income and it defaults to the 'overview' page. That's where I look. I don't look for new issues. Not sure why that would matter if the yield you get is stated. But also, I may not know wha…
Bought a callable10 year Federal Agency bond in my Schwab IRA, yield 5.97%. Yield-to-call is 6.175%. First call is 2/24/25, which I assume will happen.
I've been playing the same callable game as @BaluBalu on these bonds, and they do readily get ca…
To be honest, I don't hear any of that stuff because I tune it out. Of course I see news feeds, but I don't generally click to read a story. I don't watch the news. As we learned from the 2016 elections, polls and opinions are meaningless right up …
@BaluBalu, it's not a bond fund so it shouldn't be compared to other bond funds. It doesn't fit an equity fund portfolio so it shouldn't be compared to other equity funds, small cap or otherwise. The only other descriptor it can have is a flexible "…
:) @FD1000, you seem to have an incredulous dislike for this manager and his fund.
I think others in this thread have said they see this fund as a sleep-easy investment in small caps. If that is important to the investor, what's wrong with that? W…
@Old_Joe, I checked history, and I do not see any misc or extra fees, adjustments or any other type of charges on any of my buys. I checked trade details on buy transactions and no extra charges found.
@BaluBalu, I checked my account profile and i…
I don't know what to tell you @BaluBalu.
I just trialed a purchase now to make sure I'm not crazy. I have $19 in one of my sweep accounts, in this case a Roth IRA but I've done it numerous times in my traditional. I placed a limit order to buy an …
