@openice,
I understand from your reply - that in your TDA account - mutual fund investments of less than 180 days - will be charged $66 ($17+$49 redemption fee)?
However, I have also noticed that one advantage of TDA accounts is that recurring investments in TF mutual funds can be executed with not fees ($0).

Hello.
Here is the weekly barometer report for the week and month ending January 26, 2018. I close each month on the last Friday of the month.
The S&P 500 Index has gained (year-to-date) about 7.5%. And, with this ... the barometer closed the week and month with a reading of 127. (The lower range mark has been expanded on the scale and ends at 120 while the higher range now ends at 180 with 150 being the midpoint). It opened the year with a reading of 138. The S&P 500 Index moved from the low range of overvalued (138) on the barometer's scale to the high range of overbought (127) with some saying (now) extremely overbought. Generally, a higher barometer reading indicates there is more investment value in the Index over a lower reading. In checking the short interest for the month it has moved from 1.7 days to cover to 1.9 days. Seems some investors are increasing their short positions.
In following the S&P 500 Index sector compass the current lead pack consist of XLE (energy), XLK (technology) and XLY (consumer discreationary) which is also the lead and my spiff hound.
In following the global compass the current lead pack consist of EWJ (Japan), EEM (emerging markets) and GSP (commodities) which is also the lead and my spiff hound.
I'm thinking with stocks at their current overbought valuation February just might be the month that a pullback developes as prices are out pacing earnings growth. Enjoy the ride before the train starts down the mountain. My spiff positions can get converted to cash real quickly before my profit in them gets vaporized should their be a pullback and they start to falter. Once the trains reaches a valley ... Well, I'll be back into those spiffs (special investment positions). Selling out of the spiffs would raise cash within my portfolio by about 2% to 3%. This will incease as I grow these spiff positions upward to about 5% of the portfolio.
Thanks for stopping by and reading.
I wish all "Good Investing."
Old_Skeet

FYI: (This is a follow-up article to Shadow's link about Oakmark's International Fund closure to new investors.)
David Herro’s popular mutual fund will close to most new investors after attracting $9.7 billion in new cash last year.
The $48.7 billion Oakmark International Fund will close immediately to new investors who buy funds through brokers and advisers. Existing shareholders and participants in retirement plans will still be able to contribute and new accounts can be purchased directly from Harris Associates LP, the Chicago-based firm said in a statement Friday.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-01-26/herro-closes-fund-to-most-new-clients-after-10-billion-haul
M* Snapshot OAKIX:
http://www.morningstar.com/funds/xnas/oakix/quote.html
Lipper Snapshot OAKIX:
https://www.marketwatch.com/investing/fund/oakix
OAKIX Is Ranked #1 In The (F/LCB) Fund category By U.S. News & world Report:
https://money.usnews.com/funds/mutual-funds/foreign-large-blend/oakmark-international-fund/oakix

FYI: Marvin Schwartz, one of Neuberger Berman’s most renowned investors, joined the firm’s research department in 1961 at an hourly wage of $1.25. He caught the eye of Philip Straus, the great contrarian investor who was one of the firm’s first partners, and who taught Schwartz the tenets of value investing. Today, Schwartz leads Neuberger’s Straus Group, whose stock picks have roundly beaten the market for the 30 years that Neuberger has kept track, even counting a recent disappointing stretch when oil investments fizzled
Regards,
Ted
http://www.cetusnews.com/business/An-Investment-Pro-Who’s-Seen-It-All-Still-Sees-Upside-for-Stocks.r1TAD5FSz.html

FYI: The level of stock markets differs widely across countries. And right now the U.S. is leading the world. What everyone wants to know is why—and whether its stock market’s current level is justified.
We can get a simple intuitive measure of the differences between countries by looking at price/earnings ratios. I have long advocated the cyclically adjusted price/earnings ratio, or CAPE, that John Campbell, now at Harvard University, and I developed 30 years ago.
Regards,
Ted
https://www.barrons.com/articles/america-the-worlds-priciest-stock-market-1517019872

FYI: Lawmakers in Illinois are so desperate to shore up the state’s massively underfunded retirement system that they’re willing to entertain an eye-popping wager: Borrowing $107 billion and letting it ride in the financial markets.
The legislature’s personnel and pensions committee plans to meet on Jan. 30 to hear more about a proposal advanced by the State Universities Annuitants Association, according to Representative Robert Martwick. The group wants Illinois to issue the bonds this year to get its retirement system nearly fully funded, assuming that the state can make more on its investments than it will pay in interest.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-01-26/illinois-ponders-pension-fund-moonshot-a-107-billion-bond-sale?srnd=fixedincome

Hate to be missing the Trump bump, but Cinnamond isn't buying, so far as I can tell. (My legacy accounts have enough for the next ten years.) RBS is finally doing well, and I think TEVA will work out. GE will probably work out over a few years, so will average down. Bought some Vanguard Overseas a few months back when my university restricted my options (possibly a good idea, since it's cheaper), although I think I'd be several thousand ahead now otherwise with my previous Fido investment (mostly overseas), but I never know when to sell. Riding VPMAX and VHCAX (adding the yearly minimums) plus VGHAX for the next decade, and moving money from my TDA account into them at the allowable rate. (In hopes that there won't be enough money left when my dementia becomes obvious [strong family history]) for any financial harm to be done.
Will be living on SSI and RMDs from 2019 on, so good ideas are appreciated. (I've really benefited from some, so this is not an idle comment.)

John Rekenthaler's thoughts on the matter: "Putting Larry Fink's Corporate-Governance Comments to the Test"
http://www.morningstar.com/articles/845217/putting-larry-finks-corporate-governance-comments-to-the-test.html
The original thread, including link to Fink's letter:
https://www.mutualfundobserver.com/discuss/discussion/38101/blackrock-s-message-contribute-to-society-or-risk-losing-our-support

Hi @hmgodwin
I was thinking the fund is OMOM , as the discussed fund was related to momentum.
https://www.oppenheimerfunds.com/advisors/fund/russell-1000-momentum-factor-etf/04843

I was just looking at some stocks YTD - Netflix up 43% since Jan. 1? Does that sound correct?

Yup. Pretty crazy, eh?

Hi @Junkster
I'm burning the late night candle for this already long day; but I must note...........
........you've been shoulder deep in bondland for many a day, many more than I am able to know or ever count for our house, but I sure as heck have a tough time looking around right now for a bond sector I would choose to be involved with...
We've been in an ever changing mix of bonds since the melt, the only remaining at this point is FCBFX. Your bond method of course is a much different approach than this house, but I suspect we're both to the positive side sufficiently.
We're up to our arses in equity at this point; approaching the 87/13 of equity to bond.
This was a point attained when we unloaded equity in June of 2008.
Is one able to be lucky two times in a decade???
As the technical indications are riding the high rail and not being sure that fundamentals have a lot of meaning right now; I suspect I will have to track as many articles about every type of retail investor piling into the equity market as my next best signal of a top.
Okay, time to switch my headphone music from Steppenwolf-Monster to something a bit smoother before pillow time, like Ravel; no, Vivaldi-Four Seasons.
ADD: Forgot to note, 10y Treasury yield was intraday at 1.375% on July 5, 2016. WHEW!
Take care of you and yours.
Catch

I was just looking at some stocks YTD - Netflix up 43% since Jan. 1? Does that sound correct?

I didnt see the name of a fund in the interview but it seems that this is one of the funds that fits Sharon's description: https://www.oppenheimerfunds.com/advisors/fund/russell-1000-dynamic-multifactor-etf/04841

Certain bonds may struggle as rates rise, but any near-term shortfall will be recouped during the next recession in 2019-20, as the Fed backs down in response.

I'd also keep the 401k. It is a good program. People choose not to use it because they don't know any better. Let's teach them. Imagine the wealth they're missing right now by not being aware.

I'm actually in agreement with davidmoran. How about taking the money already invested in SSN and invest it. The accounts would actually belong to the investors. When they die, the money should go to their descendants (SSN account). Upon Retirement, send a monthly check (no lump sum, no borrowing). I would also make financial literacy a required course. The portfolio could be 100% in equities until a certain age and then tapered off as the Investor ages. No Annuities.

Sorry, perhaps I missed, but have you worked out already how much you need and when and for how long? Are you thinking output stream only and never touching the holdings?

Right, the intent is mostly output stream only (pension from work should be about $1500mo/18,000yr and SS about 1200mo/14,400yr, which the SS I won't be touching for several years!).

https://www.sec.gov/Archives/edgar/data/872323/000110465918004132/a18-3299_12497k.htm
I also received an email from Oakmark indicating the same.
Excerpt from email:
The Oakmark International Fund will close to new investors at most third-party intermediaries effective 1/26/18.
Excerpt from SEC filing:
PURCHASE AND SALE OF FUND SHARES
Shares of the Fund may be purchased and sold (redeemed) on any business day, normally any day when the New York Stock Exchange is open for regular trading. Such purchases and redemptions can be made through a broker-dealer or other financial intermediary, or directly with the Fund by writing to The Oakmark Funds at P.O. Box 219558 Kansas City, MO 64121-9558, or accessing our website (Oakmark.com). You may pay brokerage commissions on your purchases and sales of Institutional Class shares, which are not described in this prospectus.
The Fund is closed to most new investors as of the close of business on January 26, 2018. See "ELIGIBILITY TO BUY SHARES" in the Fund's prospectus for account eligibility criteria.

FYI: Sharon French, head of Beta Solutions at Oppenheimer funds, explains factor investing, and what's working now.
Regards,
Ted
http://www.barrons.com/video/one-etf-for-a-high-momentum-market/232F28DE-93AE-41DB-9FB2-C1747D077C6E.html