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 would think high Div (growth or not) ought to be looked in conjunction with debt levels. Many companies are still paying low interest rates on legacy borrowing which may come up for refinancing / repayment
The relentless inflows continue with April inflows. Each month this year saw more inflows than the previous month or at anytime in the history of the fund. With its short term redemption fees, this is a fund for long term holders so YTD performanc…
Recently, AARP did a study of the largest fund families in 1989 and in March 2024.
Vanguard was at #5 with less than $50B in assets in 1989 and now is #1 with $8T in assets (grew 160 times).
Currently, in #2 position is ishares + BlackRock at $3T…
VG transferred investments in the account but still sitting on cash. Why? None of the investments pay distributions until December. Please share your experience in transferring assets from VG - whether they transfer the cash on their own or they…
New MM rules coming later this year. I think these were covered in the forum before. Article does not appear to be behind paywall as I was able to read - https://www.bloomberg.com/news/articles/2024-05-08/money-funds-start-shuffling-assets-ahead-o…
I tend to make after market buys which means I have to leave some amount of unrestricted cash in sweep which is good for the brokerage that pays nothing on the sweep.
If you do not have free cash in your sweep, you will not be able to place after hour buy orders in your IRA and non- marginable taxable accounts, and margin interest charge in the margin taxable account. With high MM rates, liquidity in the after h…
Thanks, @Mona.
I am not looking for the lowest premium provider. I already have a 20% lower quote from a different company than my current insurer (increased YOY premium by >50%) but my current insurer has marginally better customer satisfact…
"Non-profits don't have to please their customers. For-profits do -- or they're in trouble, sooner or later." That sums up nicely.
A lot of hospitals and big box healthcare service providers are also non-profit, and boy their price gauging is leg…
@graust,
Just an FYI - In the trade ticket at TD, if you click on the Ask price, the trade ticket will automatically change from a sell order to a buy order. If you do not pay attention to this glitch, you will end up buying when you planned to se…
Update on account transfer from Vanguard.
May 1st after market Close, I submitted the request at Schwab.
On May 2nd, without any alert / notification, Vanguard promptly cancelled my buy order and did not allow me to cancel my sell order. Simultaneo…
@hank, check out DYNF, an active multi factor (or factor rotation) 5 yr old ETF from Blackrock. The ETF could not pay to get AUM until this year. Then all of a sudden 95% of the inflows came in 2024, with $4.5B coming on 2 days. Now, it has more …
Betting on America, I bought BA stock in the after hours as I did not see the launch being cancelled yet.
and then this -
https://apnews.com/article/faa-boeing-787-inspection-investigation-4b6ac28d8ab0d7687112e2cbb7bf6e00
This is how a culture pr…
@old_joe,
Thanks. I am fairly certain it is a Fidelity Community thread where at least one Fidelity Rep participated. I tried to search for that thread using the Community search function but could not locate it. I go there only once a month an…
From the comments, I think all you guys, just like me, are passive holders of PRWCX. I tried to make extra effort not to sound alarm about the fund or PM as I was afraid some posters might take it that way. I am not concerned about the fund but b…
Thanks, Yogi.
When I have time, I would like to dig up that previous thread on how a brokerages apply (FIFO vs cost basis) STTF (and short term redemption fees). If it is not here, it would be at Fidelity Community.
https://www.fidelity.com/mutual-funds/all-mutual-funds/fees
To me, the Fidelity text on short term trading fees (STTR) on transferred OEFs is not as clear as Schwab's ("Schwab's short-term redemption fee of $49.95 will be charged on redemption of f…
They can not bill you for the IRA. If you are fully invested in your IRA, how does the outgoing company charge their fees: liquidate pro-rata each of the investments?
"How Schwab handles free cash is the only serious problem I've had with them since moving from TD back in Oct 2020."
I thought their handling cash has been the same ever since the acquisition was announced. So, even if you were to stay with TD unt…
Harry Sit created a guide for transferring Vanguard accounts for those who already decided to leave for one reason or another. Everyone should make their own decisions and many should perhaps stay at Vanguard.
https://thefinancebuff.com/steps-before…
Moved all our VSCSX to VG mmkt (5.28%) to be re-deployed into individual t-bills, notes, bonds (upcoming 3-yr and 10-yr auctions). Moved an overweight position in VWIAX to VG mmkt for future reinvestment to VTI, JQUA, and individual treasuries as w…
Try not to do full account transfer. As some here have already suggested see if you can do it in two steps: partial account transfer leave a few dollars and then closing account. Check if there is additional fees for the two step process.
I learn…
I'm sorry some of you have had poor experiences with Vanguard. Our experiences have been exactly the opposite. We have had accounts with Vanguard for 30+ years and have received excellent support. I don't want newbies reading this thread to think Va…
@BaluBalu, bought at Schwab, yesterday in the A.M. It is not on the list this morning. .
Thanks. Last year I bought a few agencies and all those got called after rates bottomed in Dec / Jan. Fidelity is currently showing 6.1% for a first settlemen…
I saw today’s Fed action as no change (no news) from what was disclosed in the previous FOMC release and presser. As Yogi said everything was well telegraphed. So, not sure why the market went up initially.
Thanks, Yogi
Thanks.
I get that the principal policy tool is FF funds rates and not the balance sheet but could you please remind the forum why the Fed chose to reduce QT, rather than drop an equivalent FF rate (may be 0.25%)? They may have discussed this in t…
Thanks, Guys, for the replies. I now see the email I would have ignored if not for the thread. Submitted a request at Schwab to pull the Vanguard account. VANGUARD BROKERAGE SERVICES (ACAT) DTC 0062.
I would take a picture of the account holding…
@davidrmoran,
i hope you recover soon.
I have my car insurance through AmFam for sometime and I do not shop around. Many, many years ago when I took their auto insurance, they were quite expensive for home insurance but they no longer underwrite …