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 have some EPD an don't mind dealing with the K-1ut I am retired and have plenty of time to figure it out. As stated you can get it online usually a couple of weeks before 4/15
The tax consequences of selling it are complicated but you can figure…
I think there is a conspiracy between the auto manufacturers and insurance companies and state government.
A friend just knocked of her outside rear view mirror. $7000 to replace it with the al the electronics heated mirror etc.
When was the last …
And they don't tell you much about how much they get paid. Most "directors" are listed as directors for dozens of funds
Jeff DeMAso of Independent Vanguard Advisor says that Deana Mulligan got $1.5 million as a director in the six years she was on…
I you can read it and not behind paywall good article about the crisis in home insurance
https://www.nytimes.com/interactive/2024/05/13/climate/insurance-homes-climate-change-weather.html
Regarding car insurance, we had an old station wagon that g…
I have done well in commodities and companies that produce them recently, primarily due to exposure to oil and uranium.
The "story" that you hear especially for oil and energy is that there is significant underinvestment in production as oil compan…
I have lost al hope that most organizations can keep up with hackers. The only hacks we probably hear about seem to be health care institutions that are probably legally mandated to report.
Can you imagine the downside to Schwab's stock price if …
Somewhere there is a calculation of their equity returns, exclusive of their large cash position. It is quite good. I am not sure why they don't put more money into the names they like.
@Low_Tech
I made a concerted effort several years ago to find out what the CEO et at VG REALLY make.
Sometimes you can find their published salaries but the key employes get to participate i a sort "profit sharing plan" similar to stock options.Th…
@Mark
Is that 5.8% of your current account value, or your cost basis? Isn't it hard to generate a yield that high without a lot of MLPs and REITS and /or BDCs etc?
the payout looks pretty variable. 74 cents a share last year but only 22 cents in 2021. I wonder if a lot of this in interest on the Treasuries
58% in natural resource stocks. Other Natural resource funds have done some better recently
@Mark
Many of the stocks you mention are in SHCD which pays 3.4%
It excludes REITS and while I think it has too many small positions it is good for one stop shopping, relatively low volatility ad a decent payout.
I just finished a look for best performing Dividend and Dividend growth funds and was surprised that VDIGX has not beaten many similar funds.
VIG pays a higher Dividend and is ahead for last few years, as is SCHD
PRDGX seems to be a better div…
Schwab let me transfer Admiral shares and when I asked nicely, my account rep eliminated the fee to purchase more, but this may depend on the size of all your accounts
It looks like the fee starts in July, unless you have $5,000,000 in funds there
Better get out while the getting is good
This might be the final nail in the Vanguard coffin for me
I started a position in GPMCX around the time most everyone else did here back in 2015. After going great guns, and then recovering from Covid, since 2021 it has been all downhill. Fortunately I sold most of the position.
I have a hard time figu…
I assume you are referring to problems with the online version? I have used the CD version for years and have never had a problem, and use it to do multiple family members returns
My son had trouble printing his return from the online version one …
@MikeW
I have used Quicken for decades to monitor and manage our multiple accounts. Even though we are retired, and have consolidated most, we have two R/O’s ( one managed by advisor), Roth IRAs, two non retirement account, small joint account and …
@rforno
the legislature responds to
1) money ( most comes from special interests, but only because the average American wont contribute)
2) Votes
I believe if the American public voted and demanded change it would happen, but most are too busy…
I can migrate all my portfolios both watch and portfolio to Investor, thanks to your previous reminder on how to do it
If you download an excel compatible file, you can include #shares, Ave cost etc. to a watch list
I find setting up a watch list …
I have had credit freezes on al our accounts since we were notified ( years ago) that our data had been hacked three times in one year.
Blue Cross Blue Shield
Yale New Haven Hospital (this year got hacked again for third time !)
and People's …
I don't find Schwab's or Fidelities portfolio analysi very robust, and do not want to give either one the ability to download my account information from another brokerage.
I use Quicken to download my transactions from my brokerage accounts into …
Simplify has $ 4 Billion AUM. Maybe not Vanguard ( or Fidelity ) but they have accumulated this in only a couple of years
I don't quite understand why FIDO feels the need to do this other than to make $. Is their role in ETFs more involved than buy…
His mother taught “legal ethics”. Father was on board of FTX and provided them with a lot of legal advice. I do not know but assume feds are looking at them too.
He was also convicted for witness tampering! Why didnt Momma sit down after things…
The Board consists of Trump son, Devin Nunes ( ex CA MAGA congressman ) Linda McMahon ( runs World Wide Wrestling) all three true believers who will almost certainly do what DJT wants.
I haven't bothered to look up the affiliations of the others E…
Interview in Bloomberg today. Active stockpickers. The first one profiled has a holding period of at least ten years, preferably forever!
https://www.bloomberg.com/news/articles/2024-03-27/some-stock-pickers-show-active-can-still-beat-passive-inve…
I have not had issues with identity theft, but have had fairly good luck talking to the IRS about my deceased mother's now 3 year overdue refund. Of course 2/4 times I called the agent either really didn't know why I had gotten a letter ( as he cla…
They cost $145 to $199 a year
I assume you do not have to also have a M* premium membership but I am just guessing
I have subscribed to most of them of andon over the years but never found them particularly useful
They did have model portfoli…
You have to know" what interest rates will do and then still assume the funds duration will not change.
So in a year you will get the dividend plus the % change in interest rates time duration.
A 1% decline in rates will produce a 5% increase in N…
You here little about the massive stock buybacks of most companies. The main reason they do it is to avoid dilution from the even more massive option awards that they give their top employees.
SP500 companies spent 2/3s of profits purchasing 2.7% …
@msf
Thanks for the Parnassus stuff.
I don't think most individuals spend much time analysing the funds they own, other than maybe reading the title, or following the advice of an advisor.
The prospectuses of the "ESG" funds I have read are us…
This came in my email from "As you Sow" a climate advocacy group that
"Some view ESG as a framework for assessing risk - the key to achieving a sustainable and just future. Others see it as threat to capitalism and cover for a liberal elite politi…
