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Was able to initiate new BIVRX position via Schwab's PCRA retirement plan portal. Don't know how or why, but it gives access to (soft?) closed funds.
I've just tried testing this by setting up a Schwab PCRA trade and got a message: "Buys for existi…
Sure, it's a personal choice. Just to add my 2c: a CC application itself normally causes a hard pull on the credit report which can, indeed, 'stay' on your report for 2 years but 'affects' your score for 1 year. I did this offer last year - it cost …
@Derf per Schwab: "The combined total of our SIPC coverage and our "excess SIPC" coverage means Schwab provides protection up to an aggregate of US$600 million, limited to a combined return of US$150 million per customer, up to US$1.15 million of wh…
I agree with pretty much everything said above. Something to add:
1. Elan is a real pain to deal with if you ever have a problem with an incorrect charge or, say, a refund that does not go through. I have had such issues on several cards and, in s…
Coverage is $500K per 'separate capacity' - defined, loosely, by account ownership and type: https://www.sipc.org/for-investors/investors-with-multiple-accounts
Since it sounds like everything is currently in a "joint" account, you could open an 'i…
Tough love here, so take my comments with a proverbial grain of salt and PLEASE do not be offended. Just trying to help.
No offence taken whatsoever. On the contrary, I'd asked for advice and sometimes the best advice is straight-up critique.
Her…
Thanks for the advice, everybody!
Its a good starting point for research.
Please post any other suggestions you might have.
Also, I mostly invest in funds but am game for individual stocks / other securities in smaller amounts to spice up the p…
Before doing anything, you might first consider checking your credit reports from all 3 agencies. (You could get those free here: https://www.annualcreditreport.com)
Hopefully, you will not see anything alarming and the entire incident would turn o…
Beer googles?
Definition from Oxford Languages:
"Beer goggles" - used to refer to the supposed influence of alcohol on one's visual perception, whereby one is sexually attracted to people who would not otherwise be appealing,
when applied to finan…
Thanks @msf - I did not know that.
I had always assumed that when they said "Fidelity charges a short-term trading fee each time you sell or exchange shares of a FundsNetwork NTF fund held less than 60 days." they meant actual share lots. Is there…
But it also used to be that a Private Client customer at Fidelity was assigned a specific rep. No more at either brokerage. Fidelity still assigns you an individual Premier Services Advisor.
@msf did they also used to assign another kind of "…
Recently, Fidelity website did not allow me to place a trade and I called their tel line from my car. The Rep placed a trade and confirmed that there will not be a fees or commission. But I was charged a broker assisted fees. At some point we jus…
They charged me. But I didn't buy them through Fido. So I'm not complaining. I am glad I sold at the lower rate.
Hmm... The fund profile page for VWINX seems pretty clear:
You will only be charged a transaction fee when you buy a FundsNetwork TF fu…
@WABC: you forgot "Alcohol makes people buy stocks" :)
LOL. Yeah. Beer goggles.
And if you can't find a Ginger or Mary Ann, blame the Fed.
"Beer GOOGLs"
Fidelity does not charge a fee when selling any mutual fund - even if there is one for purchasing - unless it is an NTF fund held for less than 60 days.
So, is the 8.79% yield basically a pass-through of the ST 40% taxable income component from the commodity-linked derivatives trading then - or is this mostly coming from a bunch of high-yielding MLPs / pipeliners they are holding?
Fidelity list of 0 minimum and 0 E.R. offerings, as well as, very low E.R. offerings.
Good catch @catch22 - I did not realize Fidelity has gotten their index fund ER's below Vanguard's... and is even offering some 0% ER funds!
Alas, I guess this i…
All the brokerages have been pushing people toward digital "solutions" and away from human interaction. It used to be that a Flagship customer at Vanguard was assigned a specific rep. But it also used to be that a Private Client customer at Fid…
"Calamos Investments filed Monday for so-called “structured-protection” exchange-traded funds that will track a portion of the returns of the S&P 500, Nasdaq 100 and Russell 2000 while hedging 100% of the downside via the options market, accordi…
@catch22 MStar shows a < -2% DD w Div in 2022 - not sure I'd want this instead of a CD or MM fund.
@yogibearbull Any particular reason you use two different funds?
M* used to have a feature called Similar Funds that found the most similar funds in the same category as the given fund. It provided three similarity scores - portfolio composition, performance, and a combination of those two. That's long gone, …
I don’t ever buy CDs with automatic rollover. When they mature, I either reinvest in CDs with the highest rates, Treasuries or short-term to intermediate bond funds. I also have set up several CD ladders extending out 5 years, with yields averaging …
@yugo. “ to each his own, it’s all unknown.” Bob Dylan. While the future in unknown I am thinking that MM and HYS rates will decline over the next twelve months. I am overweight in both. Lots of space to fill in the non equity side of our p…
This wasn't about recommending CDs.
I get that, @yogibearbull. It's just that the question of why there was such a huge spike of people putting money into CDs these days has puzzled me for a while.
So, when I saw in the article that,
"Americans po…
@larryB
Hmm... Sorry, but that did not explain anything to me.
Right now there are so many options which are more flexible and pay the same or more, including over similar time frames: MM funds, Tres., HYS, Bank promo rates, etc. CDs don't even h…
To each his own. :) Did I read that you are a new subscriber to the data side of MFO? I hope you have as much fun with it as I do.
Yeap. Very much looking forward to it!
A five year run at MFO runs from March through February at this point. I am cur…
@yogibearbull thanks for the pointer re Stock Rover.
Unless I am missing something, I think you are overestimating the complexity of refinement from monthly to daily. Once, monthly data is computed, all one needs to do is scan at most a month-worth…
M* now provides Drawdown data for 3, 5, 10 yrs only. How did you get the data for 2009? From M* Chart? Old file data?
Yeap. M* Chart.
Depending on the time window used, M* charts may display daily, weekly or monthly data.
Max Drawdowns at M*, M…
The main problem with I've not been a fan since losing money investing in ARIVX (I think that was Cinnamond's first solo adventure with his "disciplined" style).
I won't try to defend Mr. Cinnamond's record or explain why I find his approach compe…
Hi yugo,
I invest where markets tell me.
1995-2000 US LC 100% indexes
2000-2010 Value, SC, international mainly in 3 funds FAIRX,OAKBX, SGIIX
Since 2010 mainly US LC+ PIMIX until 2018. Then mainly bond funds.
In 2009 PAUIX(Arnott) + Cinsmond loo…
I don't find FPACX compelling.
I think FPACX is a good fund and would not have raised the issue if we were discussing funds per se. It just looks to me - especially after the above attempt at analysis - that active management has not contributed muc…
@David_Snowball
Hi David.
Thank you for sharing as always.
Your list of top managers largely and understandably looks like the cream of the crop from the funds in your portfolio as per most recent post. (I am less of a bond fund investor: Mr. Sh…
When did VSMIX close? If you have the weblink readily available to you, please share. M* does not show it is closed.
Officially, it closes 03/29/24 but the markets are closed then for Good Friday.
One can still mail them a check which they prom…
The difference between the value funds in my accounts and PVCMX might be the commitment to the value stocks identified. I don't see how a value oriented stock fund can make much progress if it is unwilling to back its best stock picks past 17% of ho…
