Google has given us the first experimental evidence that quantum speed-up is achievable, real world Well, this article knowledge is way past my knowledge base; but tech./science remains a valid investment area, in spite of irregular profit patterns over the years.
Yuh think those NFL replays are pulled up fast now; the processing speed indicated in the link article will eliminate referees.
Personal note: Nature Magazine remains an excellent source for scientific/technology studies. Published articles have passed through a peer review process.
Wish the same peer review could apply to published articles regarding investments; in particular those market crash stories that remain in circulation !!!
Okay, 'outta here. Enjoy.
Catch
From
Nature Magazine:
--- Verifying the solution was a further challenge. To do that, the team compared the results with those from simulations of smaller and simpler versions of the circuits, which were done by classical computers — including the Summit supercomputer at Oak Ridge National Laboratory in Tennessee. Extrapolating from these examples, the Google team estimates that simulating the full circuit would take
10,000 years even on a computer with one million processing units (equivalent to around
100,000 desktop computers). Sycamore took just 3 minutes and 20 seconds.
BofA-Merrill Lynch, Raymond James Join The Commission-Cutting Wars Banks with discount brokerage arms started giving their banking customers limited free trades at least as far back as 2005. That was when Wells Fargo
linked free trades to PMA (relationship checking) bank accounts. It even included free mutual fund trades.
WellsTrade
lowered its min to $25K in 2007, after BofA's discount brokerage arm started offering 30 free stock trades/mo in 2006. That was even before BofA bought the Merrill name and
rebranded its discount brokerage.
Until earlier this year, when BofA lowered its requirement to $20K,
it had required at least a $50K combined balance and registration in its Preferred Rewards program to get free trades.
Banks have been playing these games for decades. In the 90s, I held $5K of a T. Rowe Price fund (NTF but with an added
12b-
1 fee) at Citicorp Investment Services to get "free" Citibank services. I currently take advantage of the BofA game, using it to boost the bank's credit card cash rebates.
If a tie-in still works for you, that's great; I'm using one myself. But they are bank driven and qualitatively different from free, no strings attached trades. IMHO representing them as "a similar move" is deceptive. It would be as if you couldn't get free trades at TD Ameritrade without a TD Bank account and tens of thousands of dollars invested.
Royce international premier fund
Harry Dent’s Dismal Record
BofA-Merrill Lynch, Raymond James Join The Commission-Cutting Wars What that text describes as a "similar move" for BofA falls short of matching other brokerages.
First, as noted above and made more explicit later in the article, its Merrill Edge platform attaches strings to "free":
self-directed clients not enrolled in Bank of America or Merrill Lynch loyalty programs will now pay a flat $2.95 rate for all stock and ETF trades.
You have to dump $20K into BofA/Merrill
and open/maintain a checking account at BofA to get those free trades. Since
87% of "member" trades were already free, Merrill isn't really offering much here. It had been behind in lowering commissions ($6.95 vs. $4.95 elsewhere), and it's still behind ($2.95 without jumping through hoops vs. $0 elsewhere).
Second, while
trades in options may be free, exercising an options contract will still
cost you $2.95. Unlike say,
TD Ameritrade or
Fidelity, where there are no fees to exercise options.
Harry Dent’s Dismal Record Hi Guys,
Harry Dent has a dismal record as a forecaster. He has been wrong far more often then on target. It’s a puzzle why he continues to engage the public so effectively with such a disastrous history. But he does. Dent does examine tons and tons of data. That can generate positive findings, but also could guide us down a losing road. One of his most persistent arguments centers on demographics. He simply loves demographic arguments. See his book titled “Demographic Cliff”.
Given Dent’s poor forecasting score, it just might be a winning strategy to go counter to his market forecast for this year. Here is a Link to that forecast:
Is this set of forecasts a useful signal or does it signal just the opposite? That’s
100% of all possibilities. As usual, we get to make a decision. What is the winning choice? Who knows??? The market remains an enigma to me. Some things will never change.
Best Regards
parent - child management teams
parent - child management teams David, if you can access the M* discussion forums here's a little bit on Fisher posted in the CEF Investing Board.
Fisher
parent - child management teams
parent - child management teams This led me to uncover an interesting rift (philosophically) between Robert Stovall and son Sam.
Unfortunately, they haven’t managed any mutual funds that I know of - nor have they worked together.
“Father, Son Play Together but Invest Apart / Stovalls Are Split On Growth vs. Value”https://www.wsj.com/articles/SB121339953151973707
2019 Capital Gains distribution estimates
BofA-Merrill Lynch, Raymond James Join The Commission-Cutting Wars FYI: (This Is A Follow-Up Article.)
Welcome to the commission-free trading era.
Bank of America and Raymond James announced commission-free trading programs of their own today, following similar announcements in recent weeks by Fidelity, TD Ameritrade, E*Trade and Schwab.
Raymond James announced that it is eliminating transaction costs for all stock, ETF and option trades for registered investment advisors within its Investment Advisors Division, according to a CNBC report. The decision will only impact fee-based accounts offered by advisors, who were paying $8 to $
10 per trade.
In a similar move, Bank of America announced that any customer in its retail banking loyalty program will now get unlimited free trades for stocks, options and ETFs via its Merrill Edge online platform.
Regards,
Ted
https://www.fa-mag.com/news/following-the-pack--bank-of-america--raymond-james-drop-some-trading-fees-52275.html?print
Will the Dow Jones Crash by the end of 2019? Absolutely not. I'm 100% all in stocks (via mutual funds). This bull has another 15 years to run fueled by demographics and technology. Of course, there will be corrections along the way, some of them steep, which the doomsters will proclaim (as always) as the end of civilization, but I'm having none of that nonsense.
I believe right now is a great time to be buying risk assets - perhaps more so than in 2009. Stocks have essentially been building a mighty base over the last 18 months in preparation for an explosive move higher that will continue for years to come. As the stock market is the most efficient leading economic indicator, I simply cannot see a recession next year or for many years to come. A cursory glance at a basic S&P500, Dow, or Nasdaq chart supports this point of view. Are they collapsing or on a terminal downward spiral? No.
Note: I speak as a 53 year old with at least 10 years to retirement. My circumstances and outlook may be different to yours and I encourage some degree of diversification no matter your age.
CD's It may have changed, but 1.85 / 1yr was about the best at Schwab last week.
CD's @Ted, in relative terms, nice! In real money, that sucks, but that's where the low interest rate market has brought us. I see the same 6 mo. CDs on Schwab's site and with their MM down to
1.77% I may join you in that buy. I expect the MM will drop further in that time frame.
Tax Free investing for a taxable account? @Old_Skeet: Good afternoon. I took a peek at Yahoo & this showed up.
Morningstar Risk Rating★★★★
Number of Years Up26
Number of Years Down4
Best
1 Yr Total Return (Feb 3, 20
19)25.29%
Worst
1 Yr Total Return (Feb 3, 20
19)-
13.85%
How does best & worst return happen in same year ?
Think I will check else ware .
Derf
Will the Dow Jones Crash by the end of 2019? I know a fellow named Catch22 who says that he knows a guy that
really knows, and
that guy says...
Yes!! @JohnN: Using advanced logic and mathematical analysis, since there are two answers to your question and they both say "yes", then the odds are obviously
100% that the answer is
YES.
(Percentage of error in this poll is +/- 50%, unless maybe it is some other number.)
M*: It's Open Enrollment Season. Have You Taken A Good Look At An HSA? The data have been updated to 2020, e.g.:
For 2019, plans with annual deductibles of at least $1,350 for individuals and $2,700 for families are classified as high-deductible; for 2020, those numbers inch up to $1,400 and $2,800.
Not only the data, but links as well, e.g. the KFF link in:
SEE THE MOVIE! From One Review: “The Laundromat is invariably going to draw comparisons to Adam McKay's Oscar-winning The Big Short, which took a similar approach to its handling of the 2008 housing crisis. Soderbergh looks to blend entertainment and eduction, employing a number of fourth-wall breaks and stylish sequences that explain various terms such as shell companies. While this ensures The Laundromat isn't a drag to watch (Oldman and Banderas in particular have a lot of fun hamming it up as sleazy lawyers), it perhaps isn't the most effective way of conveying the message Soderbergh is trying to deliver. At times, The Laundromat is almost guilty of trying too hard to be the next Big Short, which undercuts the anger and frustration the creative team feels about the topic at hand.” https://screenrant.com/laundromat-2019-movie-reviews/ My Thoughts: You can find both good and bad reviews of this movie. The one I linked sounds pretty much down the middle. Problem assessing a movie or any other creative effort is that we as consumers of the medium tend to value entirely different elements of the creative process (a reason for the mixed reviews). I suspect
@Alex is recommending the film based on its depiction of the vast international underground money flows documented in
The Panama Papers (2016) which
@Catch22 referenced. I enjoyed
The Big Short, but thought
The Post (also featuring Meryl Streep) a better film artistically. This one? Might watch it someday. No hurry.
