Yessir! I've looked at DHL, too. But I don't wanna have tax removed before I see my dividend. That's what the Norwegian Tax Authority did when I owned Norsk Hydro. A great company, been around forever. NHYDY ticker, OTC in USA. A 25% haircut. I sold it--- especially because we owe no US federal income tax. So, why pay the Europeans, eh?
https://www.stockrover.com/quotes/insight/analysts/Quotes/q_NHYDY

Related to DHL... Overseas mail carriers are starting to suspend shipments to the US over tariff nonsense.
https://archive.ph/MSlxl (BBG article)

Glad you let us all know! Thank you. Trumpy's tariff crap is hitting ordinary people like myself. Some of my 'scripts I order through Winnipeg. Somehow, my stuff gets sent to me via the Belgian Post. They are among those suspending delivery to the US. I expect there are alternatives, but this whole picture is shit.
Orange Cretin Clown...

https://www.sec.gov/Archives/edgar/data/914775/000174177325002968/c497.htm
497 1 c497.htm SUPPLEMENT TO PROSPECTUS AND SAI
August 22, 2025
BNY Mellon Advantage Funds, Inc.
BNY Mellon Dynamic Total Return Fund
Supplement to Summary Prospectus, Prospectus and Statement of Additional Information
The Board of Directors of BNY Mellon Advantage Funds, Inc. (the "Company") has approved the liquidation of BNY Mellon Dynamic Total Return Fund (the "Fund"), a series of the Company, effective on or about October 24, 2025 (the "Liquidation Date"). Before the Liquidation Date, and at the discretion of Fund management, the Fund's portfolio securities, including the Fund's investments in DTR Commodity Fund Ltd., a wholly-owned and controlled subsidiary of the Fund organized under the laws of the Cayman Islands, will be sold and the Fund may cease to pursue its investment objective and policies. The liquidation of the Fund may result in one or more taxable events for shareholders subject to federal income tax.
Accordingly, effective on or about September 26, 2025 (the "Closing Date"), the Fund will be closed to any investments for new accounts, except that new accounts may be established by participants in group retirement plans if the Fund is established as an investment option under the plans before the Closing Date. The Fund will continue to accept subsequent investments until the Liquidation Date, except that subsequent investments made by check or pursuant to TeleTransfer or Automatic Asset Builder no longer will be accepted after October 14, 2025. However, subsequent investments by Individual Retirement Accounts and retirement plans sponsored by BNY Mellon Investment Adviser, Inc. or its affiliates (together, "BNYIA Retirement Plans") pursuant to TeleTransfer or Automatic Asset Builder (but not by check) will be accepted after October 14, 2025.
Effective on the Closing Date, the front-end sales load applicable to purchases of the Fund's Class A shares will be waived on investments made in the Fund's Class A shares. In addition, as of that date, the contingent deferred sales charge ("CDSC") applicable to redemptions of Class C shares and Class A shares of the Fund will be waived on any redemption of such Fund shares.
To the extent subsequent investments are made in the Fund on or after the Closing Date, the Fund's distributor will not compensate financial institutions (which may include banks, securities dealers and other industry professionals) for selling Class C shares or Class A shares subject to a CDSC at the time of purchase.
Fund shares held on the Liquidation Date in BNYIA Retirement Plans will be exchanged for Wealth shares of Dreyfus Government Cash Management ("DGCM"). Investors may obtain a copy of the Prospectus of DGCM by calling 1-800-373-9387.
6140STK0825

He was on a episode of the Compound with Josh Brown and Michael Batnick. I was super impressed with Grantham and his ability to speak intelligently about markets, the past, future estimates. But I still can't get around how poorly he's navigated the past 15 years.

From Markets A.M. newsletter by Aaron Back.
On this day in 1787, John Fitch launched the first successful steamboat run
in U.S. waters when his 45-foot boat smoked and boomed up the Delaware River.
But he never got costs under control, so Robert Fulton—whose own steamboat launch
came 20 years later—is instead remembered as the father of the steamboat.

Yessir! I've looked at DHL, too. But I don't wanna have tax removed before I see my dividend. That's what the Norwegian Tax Authority did when I owned Norsk Hydro. A great company, been around forever. NHYDY ticker, OTC in USA. A 25% haircut. I sold it--- especially because we owe no US federal income tax. So, why pay the Europeans, eh?
https://www.stockrover.com/quotes/insight/analysts/Quotes/q_NHYDY

Related to DHL... Overseas mail carriers are starting to suspend shipments to the US over tariff nonsense.
https://archive.ph/MSlxl (BBG article)

In the past, I have discussed SWRM - SWR modified so that the inflation-adjusted initial lump-sum is recovered at the end of the withdrawal period.
https://www.mutualfundobserver.com/discuss/discussion/comment/169522/#Comment_169522

Jeremy's next big prediction after getting the real estate fiasco correct was to begin heavily divesting from us markets and focusing on emerging markets. He has basically reiterated that stance for 15 years. since then, emerging markets have been 4X'ed by the US market. So eventually they'll be right. but to the normal investor who invests some in international, its going to take quite a correction to make up for 15 years of garbo returns in VWO.
signed person who overweights EM in his international allocation and has for 7 years.

351 exchange ETFs are going mainstream - covered by CNBC.
https://www.cnbc.com/2025/08/21/wealthy-investors-etfs-capital-gains-taxes-.html

I have been at "Investcon 5" since the beginning of the year. I did opportunistically buy on April 8 and sell again about 3-4 weeks later.
I am thinking about reducing more equity exposure soon.

2025 Best Robo-Advisors
Industry AUM is $1.36 trillion (2024). Vanguard is the largest robo, the latest entrant is Robinhood/HOOD. Robos are getting boosts from international exposures. Some robos are mixing passive and active funds, alternatives and even some stocks.
2025 Robo Rankings: #1-SoFi, #2-Fidelity Go, #2-Vanguard (PAS), #4- Schwab (SIP), #5-Wealthfront, #6-Betterment, #7-Merrill, #8-Empower, #9-Ally, #10-US Bank, #11-E*Trade (MS), #12-Wells Fargo, #13-SigFig, #14-Interactive Broker.
By Robo AUM: #1-Vanguard, #2-Edelman Financial Engines, #3-Morningstar, #4-Fidelity, #5-Schwab, #6-Betterment, #7-Wealthfront.
(Subscription) https://www.barrons.com/articles/robo-advisors-ranking-international-stocks-d58c340b?mod=hp_latestnews

Gee, I wonder if the value of Trmp's bonds might increase if the Fed lowered interest rates

That is my exact thinking. The true motivation of cutting rate from 4-4.25% to 1%, is to goose the bond prices and his pocket substantially. Wonder who else in the administration are calling to cut rate ?

Whatever he does, wherever he does it, something will always show that it will benefit him personally.
"If I can control the Fed, and if I own corporate bonds, I have my own money-making machine! All mine! Mine! Miiiiine!"

Thanks @Mark
“Here’s What You Should Do” - By Burton G. Malkiel
A bit presumptuous isn’t he? :)
Agree with the scary part. Sound advice in general. I wonder if the NYT editors created the pompous sounding header?
Author: ”Mr. Malkiel is an American economist and financial executive. His 50-year-old book, “A Random Walk Down Wall Street,” is widely credited with popularizing stock index funds.”
Have listened to this book on Audible and found it interesting.

Thanks @Mark
“Here’s What You Should Do” - By Burton G. Malkiel
A bit presumptuous isn’t he?

don't be ignorant
(quite aside from his possible playing down of the clear move toward autocracy)

Thanks @Mark
“Here’s What You Should Do” - By Burton G. Malkiel
A bit presumptuous isn’t he?

don't be ignorant )

You’re starting to sound like the other side. Demean the speaker instead of making your own case for your viewpoint. If you think the article’s

caption is fitting explain why.
I think “Here’s what you should do” is simplistic and assumes the writer understands your needs, goals and situation better than you do. HTH does he know what you or I should do with our investments? As I wrote, it’s a good article. Captions don’t always accurately reflect what’s inside.

\\ “Here’s What You Should Do” - By Burton G. Malkiel
>> A bit presumptuous isn’t he?
Since you are so endlessly prolix on this forum, I just do not understand how often you also are dimly reflexive. Malkiel! It is not as though you are uninformed, just that you behave as if. I think we have had this discussion.

Here’s what a quick search on Brave’s AI tool turned up -
”Article titles in The New York Times can appear strange due to deliberate editorial choices aimed at maximizing attention and engagement, particularly in the online space. The newspaper often alters headlines between their print and digital versions to include more provocative or emotionally charged language, a practice noted as being used to "get attention" and drive traffic. For example, a printed headline about a UK man's reaction to a vaccine was changed online to emphasize the link to the AstraZeneca vaccine, making it more specific and sensational. Additionally, The Times has been criticized for changing headlines after publication, sometimes in response to evolving facts or public reaction, particularly in fast-moving or sensitive stories. This can lead to perceptions of inconsistency or bias, especially when initial headlines are seen as amplifying unverified claims.”
Also - How the NYT Changes Headlines to Get Attention
I wouldn’t need to be so prolix if you would simply stop leveling insults.

Sentiment (AAII) & Market Indicators, 8/20/25
Top: Bearish (44.8%, high)
Bottom: Neutral (24.0%, below average)
Middle: Bullish (30.8%, below average)
AAII Bull-Bear Spread -14.0% (very low)
Sentiments are CONTRARIAN indicators.
NYSE %Above 50-dMA 63.11% (positive)
SP500 %Above 50-dMA 64.40% (positive)
INVESTOR CONCERNS: TARIFFs, budget, jobs, inflation, recession, Fed, debt, dollar, geopolitical, Russia-Ukraine (182+ weeks), Israel-Hamas (67+21 weeks).
For the Survey week (Th-Wed), stocks down, bonds down, oil up, gold down, dollar up.
Negotiations to end Russia-Ukraine war are in a hyperactive mode with the US leading & dragging Europe along. The secondary tariff has become a pressure point to speed up the negotiations.
#AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/post/2167/thread

Yessir! I've looked at DHL, too. But I don't wanna have tax removed before I see my dividend. That's what the Norwegian Tax Authority did when I owned Norsk Hydro. A great company, been around forever. NHYDY ticker, OTC in USA. A 25% haircut. I sold it--- especially because we owe no US federal income tax. So, why pay the Europeans, eh?
https://www.stockrover.com/quotes/insight/analysts/Quotes/q_NHYDY

Gee, I wonder if the value of Trmp's bonds might increase if the Fed lowered interest rates

That is my exact thinking. The true motivation of cutting rate from 4-4.25% to 1%, is to goose the bond prices and his pocket substantially. Wonder who else in the administration are calling to cut rate ?

Thanks for link.
If markets become unstable and we have higher inflation, then “retirees should control what they can, Bengen says. You might feel better reducing your withdrawal rate and watching your spending. You could also work longer, if that’s an option.”
If he really thought 4-5% was safe why does he need a caveat about feeling better by working longer?

”PRPFX has outperformed PRWCX the last 5y, everyone's hard-on here for over that period of time ! --- good on them …”

The information on PRPFX I provided in the thread was solely in response to a question from another participant, @bee. I sold PRPFX a year ago.

@hank,
Do you consider PRPFX a permanent portfolio hedge?
For example, it's LT Bonds holdings should appreciate if ST rates are cuts.
It is ranked #1 in its category YTD, 1 YR, 3 YR, & 5 YR. Impressive.

Here ya go
https://www.facebook.com/share/v/1E5FAi8m4c/?mibextid=wwXIfr

The Week in Charts (08/20/25)
Put These Charts on Your Wall (2025 Edition)
Video
Blog

The following is excerpted from a current report in The Guardian:
Forms posted online show Trump made over 600 financial purchases the day after he was inaugurated for second term

Donald Trump has bought more than $100m in company, state and municipal bonds since taking office in January, according to new disclosures which shed further light on the vast holdings of the US’s billionaire president. The forms, posted online on Tuesday, show the Republican former real estate mogul made more than 600 financial purchases since 21 January, the day after he was inaugurated for his second term in the White House.
They include corporate bonds from Citigroup, Morgan Stanley and Wells Fargo, as well as Meta, Qualcomm, the Home Depot, T-Mobile USA and UnitedHealth Group.
Other debt purchases include various bonds issued by cities, states, counties and school districts as well as gas districts, and other issuers. The holdings cover sectors that could benefit from US policy shifts under his administration, such as financial deregulation.
A senior White House official said Trump continued to file mandatory disclosures about his investment portfolio but that neither he nor his family had a role in managing or selecting the bonds, which are managed by a third-party financial institution.
“President Trump’s net worth has increased substantially, with much of that concentrated in crypto holdings and Trump Media. Given that, there is no evidence currently that his bond purchases are anything other than a prudent diversification within his billions of dollars in assets,” said John Canavan, lead US analyst at Oxford Economics.
Trump’s annual disclosure form filed in June showed his income from various sources still ultimately accrues to the president – something that has opened him up to accusations of conflicts of interest.

Comment:   Gee, I wonder if the value of Trmp's bonds might increase if the Fed lowered interest rates?