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.
I need to take some of the Oleandrin that Michael Lindell (the pillow guy) is peddling. He has an financial interest in Phoenix Biotechnology so he can get my money.
https://en.wikipedia.org/wiki/Mike_Lindell#:~:text=Mankato, Minnesota, U.S.&am…
Out of all the millions and millions of mail in ballots, they have found a small number of instances of voter fraud over the years.
https://www.whitehouse.gov/sites/whitehouse.gov/files/docs/pacei-voterfraudcases.pdf
@Old_Skeet ,
You are right to a point. Here is an excerpt from CNN:
https://www.cnn.com/2020/08/19/politics/trump-biden-social-security-funding-fact-check/index.html
Trump's current plan:
During a press briefing on August 12, Trump outlined wh…
@LewisBraham
I thought Trump's businesses filed bankruptcy six times, primarily his casinos.
https://en.wikipedia.org/wiki/Business_career_of_Donald_Trump#:~:text=Although Trump has never filed,small businesses (unsecured%20creditors).
Except:
A…
@Derf
The link, while it comes up, did take a little time to load. When I clicked the link the initial part showed up, but it continued to load for about seven seconds.
Here is the link to the above story:
https://www.marketwatch.com/story/a-small-subset-of-vanguard-investors-moved-entirely-into-cash-when-the-market-tumbled-heres-how-they-did-2020-08-13
@msf,
I always want to keep my options available for possible opportunities. Sterling Capital allowed Stratton Fund investors to open other "I" share class accounts once the Stratton accounts were consolidated under Sterling Capital moniker. A cou…
I have held FPPTX for numerous years. After Rodriguez moved up in the company, the fund was never the same afterwards. I also owned QRSVX some years ago, but it didn't really move for the several years I owned it so I sold it.
The combination is …
Trump probably has hand in it as he has hand out to get something as he never has enough. Trump wanted to give more money to FBI in the proposed stimulus plan for their existing building to modernize it so they will not move. If they move, a possi…
Trump and Navarro probably held large interest in KODK prior to the announcement. I didn't even read the link prior to drawing that hypothesis. Questionable fast money and the sleaziness of the executive branch of government are tied at the hip.
…
LLSCX up $9.36 (or 48.73%) tonight according to Schwab primarily because of the surge in KODK.
"Even a blind squirrel finds a nut" to quote a friend.
Mutual fund investors with largest positions in Kodak:
https://money.cnn.com/quote/shareholders/s…
Just saw KODK stock is up another $32+ mid-day today.
https://www.cnbc.com/2020/07/28/kodak-soars-another-40percent-after-trump-announces-deal-to-manufacture-generic-drug-ingredients.html
https://markets.businessinsider.com/news/stocks/kodak-stoc…
Yes, I thought GPMCX was re-opened only to existing shareholders, but new investors with no prior position, have been able to purchase GPMCX. @Gmarceau purchased a new position, without being an existing shareholder. That is contrary to what is lis…
At least you were able to purchase it.
I just noticed that Schwab has it open to "available to existing shareholders".
Not all the brokerages are up to date with the status of mutual funds which is a problem.
Yes, they opened back in early April. David wrote about it in his monthly commentary.
https://www.mutualfundobserver.com/2020/4/
International Stalwarts is closed to third party financial intermediaries effective June 10.
https://www.mutualfundo…
Many of the CUs in my state have a joint owned CUSO, credit union service organization, or a subsidiary to handle the initial mortgage work. This way, each credit union shares in the overall cost, rather than one credit union bearing the total cost…
If you are a member of a CU that offers residential lending, I would look there first.
If not, find out if you are dealing with a broker or an actual lender. If you deal with a broker, you have to pay them something for their time/efforts.
Many m…
I agree. I am still on the old platform with taxable accounts and will not move until they close the platform as I hold only Vanguard mutual funds. I don't need another brokerage account as I have too many already. I told the CSR the same thing; …
There is an earlier post concerning de Lardemelle's departure:
https://www.mutualfundobserver.com/discuss/discussion/56527/charles-de-lardemelle-is-leaving-iva-fiduciary-trust
Maybe something will be posted concerning it in the upcoming monthly co…
Are we surprised? Did we think the POTUS would hire people with some actual upstanding values/morals and actual ethics? How about some empathy for all of the people passing due to Covid-19? Didn't hear too much about that during his rant in the r…
Another filing from FPA concerning New Income Fund and expense waiver:
https://www.sec.gov/Archives/edgar/data/99203/000110465920083389/tm2024548d5_497seq1.htm
Here is an additional news story concerning the closing and expense waiver:
https://www.businesswire.com/news/home/20200713005370/en/FPA-New-Income-Close-New-Investors#:~:text=(FPNIX%2C%20the%20%E2%80%9CFund%E2%80%9D,business%20on%20July%2031%2C%20…
https://www.sec.gov/Archives/edgar/data/1474103/000168386320007908/f4892d1.htm
Based on the filing, it was previously an institutional class fund.
Excerpt:
This fund is the successor to an institutional account (the “Predecessor”). The performanc…
I still hold all three; however, I sold WAEMX, WAIGX, and OBIOX after holding the initial fund for many years, the second and third for several years as well as one other laggard. Bought LLSCX with the proceeds. The four I sold are performing abou…
updated:
https://www.sec.gov/Archives/edgar/data/1027596/000089418920004855/oshaughnessy497eliquidatio.htm
497 1 oshaughnessy497eliquidatio.htm O'SHAUGHNESSY 497E
O'Shaughnessy Small Cap Value Fund
Class I: OFSIX
Supplement dated June 15, 2020…
Ironic that American Beacon continues to maintain direct account services, but now they will not allow new direct accounts to be opened via exchanges or new applications. Janus Henderson reopens its "D" share class accounts after being closed for 1…
You could purchase one of the Zevenbergen Funds (Growth or Genea) investor class for $2,500.00 which is the same for the "A" class of Virtus Zevenbergen Innovative Growth Fund minus the load (maybe different if using a brokerage). Both Growth and Ge…
POTUS should go hide in his private bunker again with his tail between his legs.
https://www.businessinsider.com/trump-absent-leader-during-national-crisis-hides-in-bunker-tweets-2020-6
Look at how he talks to the Governor of Illinois:
https://ww…
