That flies in the face of the "it's your money" argument for investment accounts replacing pensions and social security. I have to think that someone that rises to a position of power in a state government has at least a squeak of understanding of how embedded and complex the definition of "a China asset" really is. Of course, it seems that Texas has had no problem defining investments with a perceived, true or not, liberal bias.
Of course, an accompaning Federal bill could purge the SP500 of any holdings that just might have some product with a battery that China profitted from. So I have legacy 403b in Texas from the 1980s. Corebridge is holding it. I wonder if it is still Texan if Corebridge has to check with Texas for my eligibility to my funds.
Do I throw my 2 cent government bought job Chinese pencil away and have my government job boss buy a 20 cent non-China pencil? Or does spending by political entities not count and they just want control over the money they told me was "my money".
Of course, the truth is that I cannot resist sucking in the world of possibilities when I know, really, I am just being silly. UMMM, or not.

Have purchased the following callable Agency Bonds from MMkt acct:
3130B3MS9 - 30-yr 6.25% (1st call date 2/25) IRA and taxable
3133ERB34 - 7-yr 5.125% (1st call date 5/25) IRA
3133ERB26 - 7-yr 5.0% (only call date posted 11/25) IRA

Thanks for all the replies. I read the fund page at Fidelity before posting.
25% in one company and not sufficient discussion from the manager about it.
I know there is IGV. I will have to explore what else is available in the space.
Having said that I seem to make good money on funds I buy without knowing what is in them. There is a fund ( some of you own) I started buying a weeks ago and it kept going up and I kept throwing more money at it. Then last night I looked to see what is inside it and I froze from what I saw in it. So, following my methods may not be a recipe for making money.

There was no time to get any bids, really, as a legacy flange pipe from an old toilet tying to the main output pipe was sprewing whiffy 70yo 'loam' onto the basement floor. Backed up and blocked all of a sudden, actually aerosoling into the basement air. Kind of gross, though not raw, really. So that entire section of the basement and the plumbing above to the working full master bath needed to be redone.
Then a lav 12' away also needed attention due to simple seepage / weepage (cast iron to pvc), and that drainpiping all got replaced and the lav toilet reseated and resealed.
Original 1950s construction patchworked ever since.
Finally, in checking and rooting out the pipe to the septic tank, some sag and near-collapse (all caught on video) was discovered; so round 2 is next week, excavating in yard. Water on-off and lots schlepping / removal of legacy cast iron.
Sure, I did briefly consider halting work midway and having my regular plumber come and assess things and estimate assembling a crew including rooter and jackhammer dig crew and assistant schleppers and parts and all that, then an outdoor excavator ... to what? See how much his total was under $37k?
Sila was onsite simply to do free sump pump inspection, since we're in a drought and the pump has not run in months. The lead master plumber immediately said Whoa, what is that sewage smell? He had me go flush upstairs several times and yelled at me to come down pronto to watch the spew and the burbling overflow around the cap collar on the floor.
Big outfit Sila is, East Coast, lots of tv ads and lowball promos. Staff seemed v smart and expert and clinically experienced. I distrust outfits that do a ton of advertising, but whatever.
Anyway, one never knows exactly what to do when time is of the essence.
I can send you the entire quote of damages plus lots of images, if you would like to see wtf.

@davidrmoran Was that the low bidder? $35 K seems high. Did you have to open walls also ?
Xplumber,Derf

M* on JFK/PFE:
"President-elect Donald Trump announced on Nov. 14 that he is nominating Robert F. Kennedy Jr. to be secretary of the Department of Health and Human Services under his new administration in 2025. RFK Jr. has strong views on public health and, if confirmed, could use his position to make changes at several of the 13 HHS divisions. In our Nov. 8 note, we discussed the potential tailwinds of a Trump administration, including possible repeal of the Medicare negotiation provision in the Inflation Reduction Act, less Federal Trade Commission scrutiny of acquisitions, and a likely continuation of lower corporate taxes. However, if RFK’s nomination is confirmed, we expect more “wild card” headwinds to the industry will come to fruition. As the HHS covers the US Food and Drug Administration and the Centers for Disease Control and Prevention, an HHS secretary skeptical of vaccine and obesity drug benefits could work to erode public trust, put up roadblocks for approval of new vaccines, and prevent the CDC from recommending any vaccines that make it through the approval process. With less federal guidance, we think it is possible certain states could waver in support of broad mandates for childhood vaccines. All of these could weigh on sales of vaccines in the US, including covid vaccine makers Moderna and BioNTech and big biopharma vaccine makers like GSK (we model 14% of GSK revenue from US vaccine sales in 2024), Pfizer (12%), Merck (9%), and Sanofi (6%)."

I own a little in the taxable. If it's all that, it will eventually become a bigger holding. Unfortunately, my timing has not been great. So it could be a while.
As for Microsloth, their original position dates to 1995. There hasn't been much reason to dump it since then.

no idea, and while I don't know if it's the alltime returns leader, I've been reading of its superiority for over 35y

I was going to start a new thread , but found this one & will add this link.
https://finance.yahoo.com/news/fed-sell-70s-era-gold-212657357.html
Good idea or not !?
All replies appreciated.

Maybe all good card companies are like this, but I just had a huge plumbing emergency (over $35k of work, gah) and the company doing it takes cred cards ...
so while they were jackhammering in the basement and replacing legacy cast iron drainpiping I called Fido for an increase to $50k
They took some financial info (we ain't rich) and said We'll let you know by morning.
At 7a I got text saying yes, increase has been implemented.
Good service.

"Intraday indicative value as of 7:00:00 PM ET, 12/31/1969" [Bold added

"The Unix epoch (or Unix time or POSIX time or Unix timestamp) is the number of seconds that have elapsed since January 1, 1970 (midnight UTC/GMT)"
https://www.epochconverter.com/
Wall Street is 5 hours behind Big Ben. Schwab's clock got clocked (zeroed out).
I tried paying fed and state estimates on the 7th. BofA shows Fed transaction on the 7th, state transaction on the 8th. At least I got the bonus for the larger one.

Do we have any owners of this fund in the forum?
This fund has MSFT at 25% of it composition. For reference, Google at 2+%.
Why does this manager have so much of capital parked in MSFT? Is he using it as a dry powder? Any one with history with this fund perhaps can help. Thanks.

https://www.sec.gov/Archives/edgar/data/1016073/000139834424021060/fp0091087-1_497.htm
497 1 fp0091087-1_497.htm
25 East Erie Street
Chicago, Illinois 60611
1-800-560-6111
DRIEHAUS SMALL CAP GROWTH FUND
Investor Shares: *DVSMX
Institutional Shares: *DNSMX
(the “Fund”)
SUPPLEMENT DATED NOVEMBER 21, 2024
TO THE PROSPECTUS AND SUMMARY PROSPECTUS FOR THE FUND DATED APRIL 30, 2024
(the “Prospectus” and “Summary Prospectus,” respectively)
On September 17, 2024, the Board of Trustees of the Driehaus Mutual Funds approved the closure of the Driehaus Small Cap Growth Fund (the “Fund”) to certain investors, as further described below. This change, referred to as a “soft-close,” will be effective immediately after 4:00 pm Eastern Time on December 2, 2024.
You may purchase Fund shares and reinvest dividends and capital gains you receive on your holdings of Fund shares in additional shares of the Fund if you are:
·A current Fund shareholder;
·A participant in a qualified retirement plan that offers the Fund as an investment option or that has the same or a related plan sponsor as another qualified retirement plan that offers the Fund as an investment option; or
·A financial advisor or registered investment adviser whose clients have Fund accounts.
You may open a new account in the Fund if you:
·Are an employee of Driehaus Capital Management LLC (the “Adviser”) or its affiliates or a Trustee of Driehaus Mutual Funds;
·Exchange your shares of another Driehaus Mutual Fund for shares of the Fund;
·Hold shares of the Fund in another account, provided your new account and your existing account are registered under the same address of record, the same primary Social Security Number or Taxpayer Identification Number, the same name(s), and the same beneficial owner(s); or
·Are a financial advisor or registered investment adviser whose clients have Fund accounts.
These restrictions apply to investments made directly through Foreside Financial Services LLC, the Fund’s distributor, as well as investments made through intermediaries. Intermediaries that maintain omnibus accounts are not allowed to open new sub-accounts for new investors, unless the investor meets the criteria listed above. Once an account is closed, additional investments will not be accepted unless you meet the criteria listed above. Investors may be required to demonstrate eligibility to purchase shares of the Fund before an investment is accepted. The Fund reserves the right to (i) eliminate any of the exceptions listed above and impose additional restrictions on purchases of Fund shares; and (ii) make additional exceptions that, in the Adviser’s judgment, do not adversely affect its ability to manage the Fund.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.
For more information, please call the Driehaus Mutual Funds at 1-800-560-6111

I pulled up a quote for an ETF on Schwab.com (logged in) and wanted to check the indicative value. It showed a loss of 25% with the following notation.
"Intraday indicative value as of 7:00:00 PM ET, 12/31/1969" [Bold added]
With AI, are the computers and their masters becoming stupid or what?

"Bonus: BofA will add an extra 2% cash back (or points) for charges you make on any of its credit cards on Nov 7, up to $2500 in charges (an extra $50 back).
https://promotions.bankofamerica.com/card/morerewardsday"
I charged $2,500 to my BoA credit card on Nov 7 hoping to get this extra $50 back.
I just checked my CC account. Interestingly, BoA is showing the transaction date as Nov 8, (notwithstanding I have the credit card purchase receipt of 11/7) and under the Rewards and Bonus column they do not include the $50.
Any of you that tried to avail this extra bonus may want to check your account.

AAII Sentiment Survey, 11/20/24
BULLISH remained the top sentiment (41.3%, above average) & neutral remained the bottom sentiment (25.5%, below average); bearish remained the middle sentiment (33.2%, above average); Bull-Bear Spread was +8.2% (above average). Investor concerns: Budget deficit, debt, inflation, the Fed, dollar, geopolitical, Russia-Ukraine (143+ weeks), Israel-Hamas (58+ weeks). For the Survey week (Th-Wed), stocks down, bonds up, oil up, gold up, dollar up. NYSE %Above 50-dMA 53.30% (positive). Bitcoin is fast approaching $100,000; 52-wk low was $36,750. #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/post/1737/thread

And some sit on line at the gas station at Costco for 25 minutes to save 20 cents a gallon for their Range Rover...

I sit longer for less. However, I first go in the store to buy the hot dog and soda combo for $1.50 and eat it while in line. I am big on multitasking.

And some sit on line at the gas station at Costco for 25 minutes to save 20 cents a gallon for their Range Rover...

Boy is that the truth. LOL I could never see driving out of my way for gas.