Our local library card gives us full and free access to M* via a log on to the internet from anywhere, with no ads or any other issues to deal with. It is a great service I have used for years.
[snip]

My local library provides free access to Morningstar Investment Research Center (MIRC).
MIRC includes M* articles and videos, fund analyst reports, Portfolio X-Ray,
newsletters (e.g., FundInvestor, ETFInvestor), and various tools.
Like you, I've also used this great service for years.
MIRC will be replaced with an

"enhanced database experience coming in September."

"enhanced." LOL LOL LOL. I can't wait.

See my original comment : “Linked solely for those who might be interested in Grantham’s latest views.”
If the shoe doesn’t fit, don’t wear it.
Don’t tell me there’s some restriction here against posting out-of-favor / unpopular / or recently unprofitable investment opinion?
Bloomberg? They are what they are. Lots to criticize there.
BTW - Did you notice the 18% drop in the S&P last year? I think we’re in agreement that that was only a minor speed-bump in the overall scheme of things. But to many here it was earth-shaking. Surely you’ve noticed the fervent interest now in T-Bills / CDs and a loss of appetite for equities? I’d guess 2 out of 3 investment posts now are on the subject of cash or cash equivalents. In a sense, these investors are singing Grantham’s song.
Grantham’s bearish equity call (huge U.S. bubble) may be completely bass-ackwards … And yet you posted a month ago (August 2): “I’ve been loading up on CDs and treasuries, with ladders extending out five years in my IRAs and three years in taxable savings. I don’t care if interest rates rise further as I’m happy to be earning better than 5% on all these cash investments.”
https://www.mutualfundobserver.com/discuss/discussion/comment/166524/#Comment_166524

Why does Jeremy Grantham continue to get press? He has been consistently wrong for years, if not decades. He has been predicting underperformance by US stocks for years, while promoting foreign stocks and emerging markets. And he has been wrong, year after year. Sooner or later his predictions will come true, just like a broken clock is correct twice a day. When that day comes, so what? Anyone who has followed his advice has already lost lots and lots of money.

Our local library card gives us full and free access to M* via a log on to the internet from anywhere, with no ads or any other issues to deal with. It is a great service I have used for years.
[snip]

My local library provides free access to Morningstar Investment Research Center (MIRC).
MIRC includes M* articles and videos, fund analyst reports, Portfolio X-Ray,
newsletters (e.g., FundInvestor, ETFInvestor), and various tools.
Like you, I've also used this great service for years.
MIRC will be replaced with an "enhanced database experience coming in September."

Our local library card gives us full and free access to M* via a log on to the internet from anywhere, with no ads or any other issues to deal with. It is a great service I have used for years. Also Firstrade has full access as noted above, if you have an account which is free to open.

I would put it all in PSLV. Sprott Physical Silver or physical silver if I had a place to store it. BRICS will crash the USD eventually, manipulation of metals will end. Silver price will rise once big banks can no longer short gold and silver. Also, could put it all in XRP (ISO20022 coin) probably will do better than silver.
Just another opinion.
Whatever happened to the good old days when you could go to an investing forum and see 50 new post a day? I checked out for a couple of years and when I came back everyone left.

@Hank. Van Patrick was the first Detroit sports announcer I can remember also. I remember he did both the Lions and Tigers but I might be wrong. I sorta recall he got fired for being closely associated with one brand of beer and another brand became the new sponsor. I left Detroit in 1973 and I guess Ernie Harwell still had years to go.

I'm guessing dtconroe wants to lock in 5.4% for 2 or more years. The Fido mm rate would drop significantly if the US enters recession in 2024 or 2025 .

That is correct--I have some cash in SNAXX which is paying a very nice interest rate, but MMs do not guarantee those rates for very long. I do not know how long I will be able to get CDs for 5.4%, but for a retired investor, that is a very attractive rate that I would be very comfortable and satisfied with that, especially when I can get a CD that pays monthly dividends. I am not recommending anyone do what I would do, but 5.4% CDs are very attractive to me for now, and that is where I would put the $100k if it was available to me now. Others can buy that Boat and I wish them well!!
Also, I only buy nonCallable CDs.

@hank, ya truth re hussy. Still wonder if we didn't have all the fiscal and monetary policies in effect over the past 15 years, hussman would be the modern day peter Lynch. He might still be but as I think you stated, we should all hope to live that long .... LOL
And Shoshy be careful running around with that bling on your wrist. Lots of gangsta types out there these days looking to rob folks, maybe better with the rubies in your sock.....

Don't read hussy commentary today if you hold lots of stocks etc.... you'll be investing in whiskey to steel your nerves....

Last time I looked Hussy’s “flagship” fund was averaging -3 or -4% annually for the last 15 years. Must be some sort of a genius to manage to lose that much money!

5.5% 2 year cd jp Morgan chase today at fidelity, stepped in and conducted some commerce at lunchtime
Like the idea of watches. Get outside of financial system.... you've heard me pine about high grade rubies a few years ago
Don't read hussy commentary today if you hold lots of stocks etc.... you'll be investing in whiskey to steel your nerves....

Years ago we were with a group of Michigeese and Michiganders in the old bazaar in Instanbul. Some of the men were busy at a shop specializing in "knock-offs" of expensive watches. As I joined them a couple of salesmen immediately surrounded me asking what particular wonderful watch might I be interested in. Attempting to keep a straight face I asked to see what they might have in a knock-off Timex.
The reaction, from both the salesmen and my traveling companions, was something to remember. Lots of fun.

I'm guessing dtconroe wants to lock in 5.4% for 2 or more years. The Fido mm rate would drop significantly if the US enters recession in 2024 or 2025 .

That's a great article, @msf. Thanks. I agree with the Schwab article. In addition, there is the Medicare income adjusted premium (IRMAA) which can add another penalty of around 3% for increasing Modified Adjusted Income (MAGI) from $245,000 to $366,000. Tax-exempt income is not included in AGI, but is included in MAGI.
Below are the Married Filing Jointly thresholds for Federal Tax based on Adjusted Gross Income and Income Adjusted Premium (IRMAA Parts A & B) based on the Modified Adjusted Gross Income which includes tax exempt income. The Net Investment Income Tax (3.8%) starts at $250,000. The big jump in the Federal Income Tax jumps from 24% to 32% at $364,200. IRMAA increases by $2,837 when one crosses the $246,000 MAGI Threshold, another $2,837 when one crosses the $306,000 MAGI Threshold, and another $2,837 when one crosses the $366,000 MAGI Threshold.
Basis AGI MAGI
Threshold Fed Tax Medicare NIIT
Married Premium
(Jointly) (Couple)
$22,000 12% $3,958
$89,450 22% $3,958
$190,750 24% $3,958
$194,000 24% $5,832
$246,000 24% $8,669
$250,000 24% $8,669 3.8%
$306,000 24% $11,503 3.8%
$364,200 32% $11,503 3.8%
$366,000 32% $14,340 3.8%
$462,500 35% $14,340 3.8%
$693,750 37% $14,340 3.8%
$750,000 37% $15,286 3.8%
I am overweight in Traditional IRAs and have deferred Social Security Benefits in order to keep income low for a Roth Conversion and collect a higher Social Security Benefit later. Higher Roth Conversions now reduce RMDs and income taxes later. Depending upon one's goals and savings to pay taxes on a Roth Conversion, there are benefits for Roth Conversions to target AGI/MAGI between the $245,000 to $365,000 range in rough numbers.
I have modeled my preferred plan in a spreadsheet for the next ten years and reviewed it with my CPA. This will become an annual process because there are so many assumptions. For me, it's a trade-off to pay higher taxes now with a Roth Conversion and paying lower taxes with Municipal Bonds. Leaving a tax-efficient inheritance is another factor.
I moved from a state with no income tax to a state with income tax for better "quality of life".

While Prof. Snowball's suggestions are all worth consideration, the situation is, as he wrote above, more nuanced.
Sometimes getting a gifted share does not enable you to invest more in the fund The Artisan Funds prospectus say that

You may open a new account in a closed Fund only if that account meets the Fund’s other criteria (for example, minimum initial investment) and ... you receive shares of the closed Fund as a gift from an existing shareholder of the Fund (additional investments generally are not permitted ..._

A similar technique to the one for getting into closed Artisan funds (investing $250K in Artisan funds that are open) does work for getting into PRWCX. T. Rowe Price's Summit Program provides access to closed funds; to qualify one must have $250K invested at T. Rowe Price.
Rollovers may not get you into a closed fund at T. Rowe Price if you don't already have shares in the fund. Several years ago TRP refused to let me open PRWCX in an IRA when I rolled over assets from my 401(k). But I could roll over shares I already owned in a different closed fund.
(That differs from Vanguard; my experience there is that Vanguard won't let you open a new position even if you're just transferring shares you already own from a different account.)
Perhaps things have changed at T. Rowe Price. Or perhaps there was something different between my situation and what Prof. Snowball was describing. I was not a new investor: my 401(k) was administered by T. Rowe Price and I had an existing IRA with TRP. I was rolling over an individual 401(k) not a vanilla defined contribution plan. My 401(k) did not allow me to open a position in PRWCX; some other defined contribution plans may.
The point is that while all the suggestions are good, they may or may not work depending on the fund company and little quirks that can foul things up. There's no harm in trying. And being a little obstinate :-)
P.S. Vanguard, like other families mentioned above does let investors into some of its closed funds, so long as you have enough invested with them. Here, "enough" is $1M (Flagship status).

Sounds like our weekend place. Didn't build it as an investment- we've had 25 years of use and pleasure out of it. With current insurance problems it may not be easy to sell that either. If we just break even, adjusted for inflation, that will be fine.

Friends of ours got home insurance through USAA. And the wife was just the daughter of a guy who did a hitch way back when.

Re: boats and wealth. Many, many years ago my old man told me that if weren’t for my sailing habit I could have been rich. But sailing twice to Mexico made us rich in experiences. Just should have sold her sooner.

Sounds like our weekend place. Didn't build it as an investment- we've had 25 years of use and pleasure out of it. With current insurance problems it may not be easy to sell that either. If we just break even, adjusted for inflation, that will be fine.

Yes, in some parts of the world including here in California sand dredging has caused major damage to beaches and waterways, destabilizing adjacent land and damaging local fishing. Been going on for some years.

@Baseball_Fan, if you capitalize your mutual fund tickers it would be easier for people to read and review funds. Yes, shout it out :)
I might do:
50% PRWCX
30% AVGE
20% CD/treasury ladder going out 5 years.