The Week in Charts (10/01/24)
20 Rules for Markets and Investing...
00:00 Intro
00:20 Rule #1: Be humble.
01:11 Rule #2: Don't trust, verify.
02:57 Rule #3: Play the long game.
05:24 Rule #4: Understand that every time is different.
07:41 Rule #5: Pay no heed to predictions and price targets.
09:24 Rule #6: Embrace risk.
10:47 Rule #7: Buy the haystack.
13:16 Rule #8: Fight the Fed.
16:43 Rule #9: Expect the unexpected.
18:10 Rule #10: Don't chase the past.
20:16 Rule #11: Focus on saving before investing.
23:42 Rule #12: Simplify whenever possible.
26:27 Rule #13: Learn to be good at suffering.
27:54 Rule #14: Never interrupt compounding unnecessarily.
29:29 Rule #15: Tune out the noise.
32:01 Rule #16: Respect reversion to the mean.
34:15 Rule #17: Know what you own and why you own it.
39:36 Rule #18: Diversify, diversify, diversify.
41:44 Rule #19: Control your emotions.
44:05 Rule #20: Value time over money.
Video
Blog - 10/01 blog not currently available

I was able to place a trade but didn't do it.
I always wait several weeks to see the performance of a new fund.
We drove today to Johnson City TN and tried to hike in 2 places but they were closed. I don't understand why because these places were not flooded. Maybe they are muddy.

Small world. One of my hiking groups is out of Johnson City. Great town and even greater people.

Not sure a firm managing 25% less assets than it did 10 years ago is where I'd want to be, but to each their own.

+1

PS: “Dear SEC, I had no insider information, I just did my homework.”

Relax - No one here will tell.

I like to torture their robobot personal assistants!

I like that. :)
FWIW - ”Generally, most taxpayers will avoid this penalty if they either owe less than $1,000 in tax after subtracting their withholding and refundable credits, or if they paid withholding and estimated tax of at least 90% of the tax for the current year or 100% of the tax shown on the return for the prior year, whichever is smaller.”
Source / IRS
I first heard of this about 20 years ago. And it has worked over the years for me without problems. I’d prefer to owe the IRS some money in April rather than wait for a refund. Note: Not intended as tax advice.

Institutional - $100K
Investor - not available as of yet

@rforno: not so shabby, APA up 4.91% today!

Thanks!
PS: Dear SEC, I had no insider information, I just did my homework.

@rforno: not so shabby, APA up 4.91% today!

@Derf We 'run' what we know will be likely taxes owed for the next year right to the 'very edge' of owing a 'penalty' for under payment. The 'extra' tax payments pulled from the RMD's get us into the proper 'zone'. AND our IRA investments are able to work for 11 months of the year.

@catch22 : 90% to the IRS ? I'm more like 15% to IRS & 5% to State.

Thanks folks. If I needed a large chunk I’d pool the funds earlier in a cash equivalent as gman57 suggests. With most markets near record highs - good advice. But that’s not the case for now anyway. One reason is the “interest-free” (til 12/25) Fido Visa account I opened last summer. Recently put a big infrastructure project on it. Can pull funds gradually during ‘25 instead of all at once. (Appreciated all the earlier comments re that on a different thread.)
Also … age has pushed me towards a pretty conservative portfolio. So, big market moves don’t affect it as much today as say 5 or 10 years ago. Mainly, I just don’t want Fido to throw a “Hissy Fit” thinking I’ve forgotten.

Perhaps a 'nothing to see here'; but this is another and new level of conflict.
A brief CNN article HERE. The article will continue to 'update' through CNN.

Earlier in the year you might require a higher quarterly estimated tax payment so waiting until late might save be better unless you are paying 100% of last years taxes

DGRS

Wisdom Tree has some interesting stuff. I'll add DGRS to my watch list. Thanks.

Schwab will sell it to you today NAV $10.00 fe $49.95
Fido still says unavailable to trade

OK, I'm waiting to buy, just need a couple of months to see the risk/reward and volatility.

Seems like you had a change of mind

Usually, I’ve pulled it around mid-year. This year I’m thinking of waiting until after December 1. It’s a relatively small amount as I’m mostly in Roths. I’ve noticed “reminders” to take it by December 31 whenever I log in to Fidelity recently. The amount they display is correct since I don’t have any other Traditional IRAs. Can I assume I’m OK waiting until sometime in December? Any drawbacks to waiting (except that the markets may slide before then)? I don’t desire to have Fido become overly concerned.

@FD1000 Was this a test order or the real thing. If so , hard to believe you would throw your dough into an untested fund ! Seems you're rolling the dice.
Added : Was a fee part of the purchase ?