AIRR 1st quartile vs. SP 500 LT 1.5%, 10 yr. 3.7%, 5yr. 8.9%, 3 yr. 13.8%, 1yr. 34.2. Also Down Cycle vs SP 500 2021-2022 (9 mos.) 8.7%. Great Owl and my largest holding.

The Schwab rep already told you YOUR QUOTE

Schwab's responses (edited)
1) To utilize funds from SWVXX, you would first need to place a sell order to liquidate the amount needed
for the Automatic Investment Plan (AIP) purchase of additional PRILX shares.
2) AIP participation can be cancelled anytime by unenrolling.
There are no fees or penalties associated with the cancellation.
3) Purchases via the Automatic Investment Plan would incur the transaction fee stated of 8.5% of principal, up to $10, per transaction.

Can't get easier than the above.
Do you need to create 2 periods? no, see above.
Does it matter if I did already? no, see above.
If you have more questions, I will gladly answer.
Wait, can you cancel it anytime? Yes, you can; see above.

Japan Govt debt may be 150% of GDP but what counts is how much of it is owned by the Japanese, especially its own central bank.
I thought the following was interesting:
“OTHER VOICES. Jenny JOHNSON, President & CEO of Franklin Templeton. AI hype will come to an end and a period of pessimism will follow. Such up and down cycles are normal for new technologies. Early and fast adopters may not be the eventual leaders. The profitless AI capex has to be digested. Look for AI beneficiaries in enterprise software, data analytics, customer service, finance, healthcare, collaborative work, picks and shovels (chipmakers, cloud hosts, data centers).”
How did Franklin growth or value funds perform during 2023 and 2024, the current AI boom period. Just checking if her comments were colored by the performance of her funds.
I used to think business leaders are intellectually honest (I know I was naive). The latest one that killed my optimism about that breed is Howard Lutnick. He had his strategists parade for two years telling us how the economy is going to be bad and that the stock market was about to crash / correct. It turned out he was a Trump bum licker and massively politically biased. I feel sorry for all the opportunity cost he caused for investors who listened to him and his minions who of course will benefit either way.

@BenWP, https://www.ftportfolios.com/Common/ContentFileLoader.aspx?ContentGUID=678fcb8a-2c51-4ef2-a08f-c813cf67fb33
From the prospectus:

issued by companies classified according to the Global Industry Classification Standard as comprising the following industries: (a) Commercial Services & Supplies; (b) Construction & Engineering; (c) Electrical Equipment; (d) Machinery; and (e) Banks.

This was amended on July 10 like so:

issued by companies classified according to the Global Industry Classification Standard as comprising the following industries: (a) Aerospace & Defense; (b) Air Freight & Logistics; (c) Building Products; (d) Commercial Services & Supplies; (e) Construction & Engineering; (f) Electrical Equipment; (g) Ground Transportation; (h) Industrial Conglomerates; (i) Machinery; (j) Marine Transportation; (k) Trading Companies & Distributors; (l) Transportation Infrastructure; and (m) Banks.

Fidelity ... offers the institutional share class BAFWX (ER 0.61) for $1M.
FWIW (the million dollar question), so does Schwab.
I know some mutual funds allow you to purchase the institutional class shares for about $1000 or $2000, such as Pimco at Schwab
Fidelity also offers lower mins for institutional class shares of many funds. Not Brown Advisory funds though.
PIMCO is a relative weakness at Fidelity. Fidelity does sell institutional shares of PIMCO funds (even with a $0 min), but not the institutional class. Rather than sell PIMIX (class I) with its 0.83% net ER, Fidelity sells the higher priced (but still "institutional") PIPNX class I-3 shares with a net 0.98% ER.
Another quirk at Fidelity is that sometimes it offers institutional shares with a low min only in an IRA. This doesn't appear on Fidelity's web pages; you have to have an IRA account and set up a test trade. (It always pays to check.) For example, QRSIX has a $100K min at Fidelity (same as Schwab), but requires only $2500 to buy in an IRA.

Thanks, Guys.
I used Malwarebytes for a few years. I do not recall if I used their paid version but my then computer became increasingly slow after. Then I tried McAfee paid version and not sure what all it cleaned from my computer but the computer functioned normally. Ever since I paid for McAfee.
Last night, I renewed my McAfee license by upgrading it to McAfee+ Premium to a new two year subscription for $35 / yr (unlimited devices) - I use it only on one device. I can add McAfee to any iPad I buy from backmarket.com. I am completely computer technology ignorant and hence, the extra caution expressed in the OP.

I scrolled through BlackRock's 110-page multi-fund prospectus that has BLADX and here are my observations - I may have missed some others:
1. Equity 0-30%, fixed-income 70-100%, so allocation may vary. Morningstar's category is based on the current snapshot and that is conservative-allocation.
2. Meaning of "managed income" isn't clear. A more clear term is "managed distribution" often used for CEFs that may cause ROC's. All I found in prospectus is this wishy-washy language that could apply to BLADX but it isn't mentioned specifically (my underlining):
"n addition, the Fund’s distribution policy may, in certain situations, cause the Fund to make distributions to shareholders in excess of the minimum amounts of such distributions required to avoid liability for federal income and excise taxes. As a result, there is a possibility that the Fund may make total distributions during a fiscal year in an amount that exceeds the Fund’s earnings and profits for U.S. federal income tax purposes. In such situations, the amount by which the Fund’s distributions exceed current and accumulated earnings and profits would generally be treated as a return of capital for U.S. federal income tax purposes and would reduce your basis in your shares, with any amounts exceeding such basis treated as gain from the sale of shares. Fund distributions in excess of the Fund’s minimum distribution requirements but not in excess of the Fund’s current and accumulated earnings and profits will not be treated as returns of capital but will be treated as dividends."
IMO, the SEC should ban these multi-fund prospectus atrocities in this day and age of online documents. Each fund deserves its own self-standing prospectus.
Edit/Add. M* Categories now are:
Conservative Allocation 15-30% equity
Moderately Conservative Allocation 30-50% equity
(Some time ago, both used to be Conservative Allocation 20-50% equity)
Moderate Allocation 50-70% equity
Moderately Aggressive Allocation 70-85% equity
Aggressive Allocation >85% equity (it just used to be within Equity subcategories - LV, LB, LG,...)

MFO Discussions include posts from 4 areas: Fund Discussions, Other Investing, Technical Questions, MFO Premium.
Off-topic posts are NOT shown in MFO Discussions.
When starting a new post, above 5 areas are offered for post selection.
I saw @BaluBalu's post in MFO Discussions (here).

I'm hard pressed to make an intelligent comparison, in order to decide whether to move money into BLADX.
BLADX is put into "Conserv. Alloc" by Morningstar. Same category as WBALX. But BLADX emphasizes income over growth. Most of the AUM are not in equities at all. WBALX holds about 50-50 equity to bonds. And WCPNX is an I.G. Core-Plus fund. WBALX pays 2X per year. June and Dec. The other two pay monthly.
I wonder if anyone has the time and inclination to assist and help me sort it out? Thank you.

"I already verified you can unenroll any time."
You conducted a simulation.
I was hoping someone who actually purchased additional shares via Schwab's AIP would respond.
Based on your results, one could assume subsequent purchases can be cancelled.
"You didn't ask an important question."
This may be very important to you but is irrelevant to me.
I'm not familiar with all of Schwab's different rules/restrictions being a relatively new customer
and didn't want to make any assumptions regarding Schwab's AIP¹.
¹ Note: Schwab's online AIP information was thoroughly reviewed.

Please reread my previous post, it was not a simulation...
"I just entered one and was able to edit or cancel(=Unenroll) it. If I could cancel it after 2 minutes, of course, you can cancel it after the first buy."
The above also means that if I left it untouched, the trade would execute until I unenrolled it.
Fidelity works pretty similar/same. You create an Auto trade. You can cancel it any time, after 2 minutes or after the first trade or the second+ trade. Fidelity charges $5 per trade last time I checked, Schwab $10.

***** If you have a credible source for the actions within the bond markets this week, please share here; if you are willing.
ADD: There remains global warfare; and a few new adds this week. Perhaps there is some form of flight to safety.
NOTE:

My intention, at this time; is to present the data for the selected bond sectors, as listed; through the end of the year (2024). This 'end date' will take us through the U.S. elections period, pending actions/legislation dependent upon the election results, pending Federal Reserve actions and market movers trying to 'guess' future directions of the U.S. economy. As important during this period, are any number of global circumstances that may take a path that is not expected; and/or 'new' circumstances. In the 'cooking pot' we currently have the big ingredients of the middle east and also, how much damage Ukraine may inflict upon Russia and the response.

FIRST: NOTHING TO ADD/ALTER regarding 'Never-Never Land'. The pre-DC world shift of January, 2025 remains 'interesting' at this time! We're in a 'Never-Never Land' (events you never imagined) of potential large impacts upon various economic functions emanating from a central government in the coming months and years. What comes next for the investing world of bonds is not yet known or fully understood, except for those have a better guessing system than I. I can only watch and listen a little bit and let the numbers try to bring forth meaningful directions.
W/E November 29 , 2024..... Bond NAV's LARGE gains
--- 'Course, all the bond sectors in the list find their reasons for price movements, and we find 'most bond sectors 'UP BIG' for this week's pricing. Many bond sectors were very positive each day of the week. Long durations had the biggest gains. WHAT happened to the 'inflation scare' thing ??? So, depending on where you're 'hanging' your bond market monies, the pricing this week, was erratic . The MINT etf, to the best of my recall, has maintained a positive price for the year, each and every week; and this remains for this week.
A few numbers for your viewing pleasure.
NEXT:
*** UST yields chart, 6 month - 30 year. This chart is active and will display a 6 month time frame going forward to a future date. Place/hover the mouse pointer anywhere on a line to display the date and yield for that date. The percent to the right side is the percentage change in the yield from the chart beginning date for a particular item. You may also 'right click' on the 126 days at the chart bottom to change a 'time frame' from a drop down menu. Hopefully, the line graph also lets you view the 'yield curve' in a different fashion, for the longer duration issues, at this time. Save the page to your own device for future reference. NOTE: take a peek at the right side of this graph to find the yield swings of the past week, and for the current yields for the last business day.
For the WEEK/YTD, NAV price changes, November 25 - November 29, 2024
***** This week (Friday), FZDXX, MM yield continues to move with Fed funds/repo/SOFR rates; and ended the week at 4.45% yield (Unchanged for the week). Fidelity's MM's continue to maintain decent yields, as is presumed with other vendors similar MM's. Theoretically, a new yield bottom is in place, until the next FED action. SO, one is still obtaining a decent MM yield. MOST MM's found a few hundreds basis drop in yield for the week. MM's yields were down SLIGHTLY at .02 basis points, more or less, for the week.................
--- AGG = +1.42% / +3.05% (I-Shares Core bond), a benchmark, (AAA-BBB holdings)
--- MINT = +.11% / +5.48% (PIMCO Enhanced short maturity, AAA-BBB rated)
--- SHY = +.38% / +3.65 % (UST 1-3 yr bills)
--- IEI = +1.01% / +2.64% (UST 3-7 yr notes/bonds)
--- IEF = +1.70% / +1.66% (UST 7-10 yr bonds)
--- TIP = +.92% / +3.42% (UST Tips, 3-10 yrs duration, some 20+ yr duration)
--- VTIP = +.27% / +4.84% (Vanguard Short-Term Infl-Prot Secs ETF)
--- STPZ = +.36% / +4.60% (UST, short duration TIPs bonds, PIMCO)
--- LTPZ = +2.73% / +.84 % (UST, long duration TIPs bonds, PIMCO)
--- TLT = +3.96% / -1.80% (I Shares 20+ Yr UST Bond
--- EDV = +5.65% / -4.40% (UST Vanguard extended duration bonds)
--- ZROZ = +6.23% / -6.60% (UST., AAA, long duration zero coupon bonds, PIMCO
--- TBT = -7.24% / +11.56% (ProShares UltraShort 20+ Year Treasury (about 23 holdings)
--- TMF = +11.36 % / -21.21% (Direxion Daily 20+ Yr Trsy Bull 3X ETF (about a 2x version of EDV etf)
*** Additional important bond sectors, for reference:
--- BAGIX = +1.47% / +3.63% Baird Aggregate Bond Fund (active managed, plain vanilla, high quality bond fund)
--- USFR = +.08% / +5.00% (WisdomTree Floating Rate Treasury)
--- LQD = +1.98% / +3.63% (I Shares IG, corp. bonds)
--- MBB = +1.44% / +3.13% (I-Shares Mortgage Backed Bonds)
--- BKLN = +.09% / +7.79% (Invesco Senior Loan, Corp. rated BB & lower)
--- HYG = +.69% / +8.81 % (I Shares High Yield bonds, proxy ETF)
--- HYD = +.88%/+6.12% (VanEck HY Muni)
--- MUB = +.86% /+2.63% (I Shares, National Muni Bond)
--- EMB = +1.43%/+7.94% (I Shares, USD, Emerging Markets Bond)
--- CWB = +.91% / +15.06% (SPDR Bloomberg Convertible Securities)
--- PFF = +.76% / +11.20% (I Shares, Preferred & Income Securities)
--- FZDXX = 4.45% yield (7 day), Fidelity Premium MM fund
*** FZDXX yield was .11%, April,2022. (For reference to current date)
Comments and corrections, please.
Remain curious,
Catch

any updates here re a conservative portfolio? Any out of box thoughts...for instance:
10% FBTC
10% GRNY
10% BRK.B
70% rolling 3 month Tbils
PRCFX looks good still for a simple large portion of a portfolio, no?
And this looks good still too:
30% PHEFX
70% rolling 3 month Tbills
Is simple better? anyone else thinking of noodling less with their portfolio in 2025?
FD1000 stated something recently that resonated...paraphrasing.."most invest too little in some funds to make a difference"...100%, that resonates with me.
Best Regards to ALL,
Baseball Fan (Dodgers got to be odds on fav's for next year too with the Snell signing, no?)

@Mav12 - You can buy the 'investor" share class BIAWX (ER 0.76) at Fidelity for as little as $250. Fidelity, does not carry the depending on what page you look at, offers the institutional share class BAFWX (ER 0.61) for $1M.
FWIW I only tried the purchases in an IRA account. I hold BIAWX there. I bought as much as I could initially to spread that TF of $49.95 across as many shares as possible. Subsequent additions have been performed using the AIP system at $5/pop.

As expected, nothing new.
You must sell MM in order to buy a mutual fund.
I already verified you can unenroll any time.
Every new purchase of non participating funds have a fee. Using the auto feature reduces it to $10.
Selling shares is always free.
You didn't ask an important question.
This is how I trade. Suppose I own $500K in THOPX.
I want to sell everything and buy $495K in PIMIX and pay a fee of $49.95.
I just enter both on the same date, let's say at 10 AM. I always want to be invested. Both would happen on the same day.
Now, suppose I want to use the Auto feature for $10 and save almost $40. Can I do the following? Enroll PIMIX to buy $495K, let's say next Tuesday. Next Tuesday, I manually sell $500K of THOPX. Is the PIMIX trade going to happen, or must I sell THOPX the day before on Monday?
I tried the above at Fidelity and I had to sell the prior date, which means I'm one day outside the market. It's a no-go for me because if I miss just 0.1%, it can cost me a $1000.
At Schwab most times these fees are waived, and I never used the auto feature, but I want to know the answer.
I'm going to test the auto feature on the same date of the sell this coming Monday. My prediction is that the buy will not happen.

I just finished a live chat with a Schwab rep.
Posting info here for future reference.
------------------------------------------------------------------------------
My Post
I have some questions regarding Schwab's Automatic Investment Plan (AIP).
When I login to my account and click on the icon next to "Automatic Investment Plan", the text states in part:
"Based on instructions you provide, a specific dollar amount is automatically deducted from your checking/savings account to purchase additional fund shares. Investments into your existing mutual fund position can be scheduled to occur once or twice a month, monthly or quarterly."
As an example, let's say I already have $10,000 invested in Parnassus Core Equity Institutional (PRILX).
PRILX has a Schwab transaction fee of $49.95 and there are no additional fees.
1) Can Schwab Value Advantage Money Investor Shares (SWVXX) be used to purchase additional PRILX shares?
2) If I enroll PRILX in the AIP with a monthly or quarterly frequency, can automatic investing be cancelled after making a single purchase? If so, are there any associated fees or penalties for cancellation?
3) The following webpage states in part: "For applicable mutual funds, a transaction fee of 8.5% of principle with a maximum fee of $10 will apply to Automatic Investment Plan purchases."
https://client.schwab.com/app/trade/aip/#/home
Will I be charged $10 for each PRILX AIP purchase?
------------------------------------------------------------------------------
Schwab's responses (edited)
1) To utilize funds from SWVXX, you would first need to place a sell order to liquidate the amount needed
for the Automatic Investment Plan (AIP) purchase of additional PRILX shares.
2) AIP participation can be cancelled anytime by unenrolling.
There are no fees or penalties associated with the cancellation.
3) Purchases via the Automatic Investment Plan would incur the transaction fee stated of 8.5% of principal, up to $10, per transaction.

Again, all you got to do is try it. I just entered one and was able to edit or cancel(=Unenroll) it. If I could cancel it after 2 minutes, of course, you can cancel it after the first buy. case closed.
I left VG over 25 years ago after I entered a buy order for a VG index fund at 9 AM and wanted to change it at 10 AM and could not do it, even with a rep help. That was enough for me to transfer my money for a better customer experience and service.

Stable-Value (SV) Rates, 12/1/24
TIAA Traditional Annuity (Accumulation) Rates
Rates up by 25 bps
Restricted RC 5.50%, RA 5.25%
Flexible RCP 4.75%, SRA 4.50%, IRA-101110+ 4.75%
(TIAA Declaration Year 3/1 - 2/28)
TSP G Fund 4.250% pending (previous 4.375%).
Options outside of workplace retirement plans include m-mkt funds, bank m-mkt accounts (FDIC insured), T-Bills, short-term brokered CDs.
#StableValue #401k #403b #TIAA #TSP
https://ybbpersonalfinance.proboards.com/post/1752/thread

ISTM that all the fund companies and brokerages are in the business of attracting assets, above all. I often look at the Parent tab on M* to see if a MF or ETF provider has been experiencing inflows or outflows of AUM. It’s a tough business for some of them. Reporting I’ve read suggests that active trading benefits the brokerages far more than the individual investor; therefore, advertising by the Schwabs and Robinhoods of the world encourages active trading even as their message may be cloaked in homilies to “responsibility” and “custodianship.” On a personal level, active etf trading of a small slice of my portfolio has been far more satisfying and profitable than had been my experience trying to pick individual stocks. I enjoy the challenge and I don’t regret the time spent or the opportunity cost; it’s quite probable that the dough I use trading etfs would have made more profits in SPY, but that’s not the point. I wrecked a shoulder and aggravated my back pain playing energetic tennis, however I fully enjoyed my career competing. Nor do I regret the time spent pursuing the perfect 5-iron shot, one with a slight draw. I actually feel worse about have held PLTR at an average cost of $12 and sold it because of volatility than I do about selling a etf before it took off. I still own lots in OEFs and they anchor the overall portfolio. Different strokes for different folks.

Somebody needs to send a copy of this “Reduce Growth Significantly By Being Out Of The Market” thread to Warren Buffett.
Warren Buffett’s Berkshire Hathaway dumps $75.5 billion worth of stock and halves Apple stake
”Berkshire Hathaway Inc. slashed its stake in Apple Inc. by almost 50% as part of a massive second-quarter selling spree that sent billionaire Warren Buffett's cash pile to a record $276.9
billion.” (Fortune - August 3, 2024)

But look at the performance of BRK/B since Q3(7-1-24). It beat the SP500 by 8% (https://schrts.co/XnbnPKQD)

There is a maximum fee of $10 (instead of $49.95) when purchasing
many transaction fee funds via the Schwab Automatic Investment Plan.
Can investors cancel participation in Schwab's plan after making a single fund purchase?
Fidelity allows investors to do this in their corresponding plan.