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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
  • screw 2% as an inflation goal
    I do sometimes transcribe published emails or web articles in their entirety [when] those sources are free and don't require a subscription.
    @Old_Joe +1
    for giving the question of excerpting material due consideration and articulating a coherent approach. However, property rights go beyond making money. (I know, heresy on a site devoted to investing :-))
    A writer may grant others the right to read material for free while still retaining the exclusive right to control its use and dissemination. The public may read the material, but that's all except for limited fair use. No copying, no redistribution. Even with NPR material, which is "supported by listeners like you".
    I also sometimes reproduce edited excerpts from other sources, with full credit and links to the original source.
    That's the idea!
    https://copyrightalliance.org/education/industry/writers/#writers-rights
    image
  • MOVEit Data Transfer Breach
    A poster at M* noted that the free credit monitoring offered by Kroll/PBI/TIAA is for 1 credit bureau only. So, I just checked mine by logging into Kroll & under "Services", it says Experian only.
    Kroll also offers 3-bureau credit monitoring for-pay.
    Disappointing.
  • AAII Sentiment Survey, 8/23/23
    AAII Sentiment Survey, 8/23/23
    BEARISH became the top sentiment (35.9%; above average) & neutral became the bottom sentiment (31.8%; near average); bullish became the middle sentiment (32.3%; below average); Bull-Bear Spread was -3.6% (below average). Investor concerns: Inflation (still high); economy; the Fed; dollar; crypto regulations; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (78+ weeks, 2/24/22-now); geopolitical. For the Survey week (Th-Wed), stocks were mixed (growth up, cyclicals down), bonds up, oil down, gold up, dollar flat. #BRICS announced expansion. Indian #MoonLanding cost $75 million. Fed #JacksonHole conf starting. #AAII #Sentiment #Markets
    LINK
  • Firms attempt to break Vanguard’s hold on innovative mutual fund / etf structure
    American funds (Capital Group) and Franklin have launched a number of passive and active ETFs. @yogibb has it correct that these ETFs are cousins and their respective OEFs. If you compare them side by side on their top 10 holdings and sector weighting, there are sufficient differences. Thus, I don’t expect them to track each other closely.
  • The Economist: The race towards a superbattery
    Following are excerpts from a current science report by The Economist:

    August 23rd 2023
    Paul Markillie
    Innovation Editor
    Invented in the late 1970s, Li-ion batteries took more than a decade to commercialise, at first for portable electronic devices and then, in bigger versions, for cars. It is the Li-ion cell, not heavy lead-acid batteries or other technologies, that has made the electrification of transport possible.
    Well, almost possible. Range and recharging times need to be improved before there is a mass adoption of EVs. The i3 could, in real-world driving conditions, manage about 250km after an overnight charge. Even though some modern EVs can travel twice that distance on one charge, many drivers are looking for more. This week’s Science section explores how increased range and faster charging times are coming with a new generation of “solid-state” Li-ion batteries. These should allow EVs to go for some 1,200km and be recharged in only ten minutes or so.
    Carmakers started developing solid-state versions of Li-ion batteries because the liquid electrolytes that present-day versions contain are extremely flammable. This can result in those batteries bursting into flames. Solid-state batteries use solid electrolytes, which are non-flammable. This also allows a broader range of materials to be used inside the battery, enabling them to squirrel away a much greater charge in a smaller space.
    Having overcome a number of technical challenges, a variety of different solid-state batteries are now being readied for production. Toyota, for one, says it plans to start making them in 2027. Nissan, BMW and Volkswagen have similar batteries in the works. Prototypes could start appearing in test cars within a year or two.
    At first, solid-state batteries will be expensive and made in limited numbers as manufacturers look for ways to scale up production for the mass market. That means they are likely to start off in sports cars and luxury vehicles, for which buyers are prepared to pay premium prices. The price of raw materials, like lithium, will also have a big effect on costs. It could be sometime into the 2030s before solid-state batteries are widely available for family cars and city runabouts. But they will be worth waiting for. When these new batteries become available, EV drivers will finally be able to leave range anxiety in their dust.
  • Whatever happened to John N?
    You can follow my trades at Twitter
    https://twitter.com/Qua59557042/status/1683917172202954752?s=20
    Got out most mutual funds
    Trade more options
    Up 840k last 7 months after new yr
    Blew away 285k last 3 wks
    Lucky I slow down
    Be very careful from now on
    Couple trade earlier
    TSLA 09/08/2023 P $212.50 in $2.40
    Pltr csp 13.5$ expire next fri
    Snow csp 127$ expire this fri
    More nvda 2 yrs hold
    Sold brk.b
    Closed lots snow smci microsoft put..profits 30 50%
    Scare rugged pull w earnings
    Others may charge 290 300 per months for following their live trades
    I got them from my own research and chart analysis...I see lots resemblance from mine trades after I posted them
    Very aggressive trades I don't recommend for retirees...or just 2 3% of portfolio trading options for fun ..
    I will definitely slow down and be very cautious now..hope 85% Win rates from now unless ccp go into taiwan
  • Whatever happened to John N?
    Probably like me, sick of the crazy political rantings (mostly the commie liberal snowflake variety) that have infested every thread on here...and makes this a rather unsavory, unwelcoming shadow of what it once was or coulda been.
    Wow I thought all posting here was per your view. +1.
    Being fair, much on this site is still noteworthy.
  • Bonds: Why you should invest in short-term bonds over longer-term securities.
    I don't post $ or % amounts, sorry.
    I provide information for others to use. Posters are free to use it or not. I am not into showboating.
    My post(s) on FRN purchase details on THIS thread were in response to specific questions from posters.
    BTW, I had already started an OP on FRNs several days ago that had general info and has been posted elsewhere too.
    "Showboating"? It is not about "showboating", it is about providing clarifying information to other posters, to better explain your posts about investing in a particular fund. If you own 50 funds, and you open a small, almost token position, of 1 or 2%, that is very different than a poster who owns no more than 10 funds, with a 10 to 20%+ position in each fund, taking on more significant risk.
  • Whatever happened to John N?
    @Devo, my guess is that discussion boards have a handful of posters (super-posters?) who tend to post/reply on everything. Sometimes, when they have no clue, they just ask for more details. So, after a while, discussions become repetitive. I keep an eye on OP Views (unfortunately, Reply Views are not separately available).
    X/Twitter & Facebook are much bigger platforms. Not every post gets analyzed endlessly. It's more like "say what you have to say & move on". They also have ways to indicate whether you Like a post (without commenting +1 or making some generic comment). Some of my contents there may have hundreds of views without comments.
    I Follow you on X/Twitter. So, anything you post on X/Twitter shows up on my feed. There nothing similar at discussion boards - Follow or Like at discussion boards (where available) are not as effective.
  • Whatever happened to John N?
    @rsorden
    +1. Agreed.
    There is political. And then there's criminal indictments. Prosecutors don't proceed with indictments unless they are sure about the defendants' guilt.
  • Long Cramer Tracker ETF will be liquidated
    Tuttle says they "tried to engage with Mr Cramer" so it sounds like he hoped Jim would call him up on the phone and argue on CNBC or something. With only 41.3 million in assets it wasn't going anywhere fast. I hope they keep the short one open just for fun. It should do pretty well I would think
  • Bonds: Why you should invest in short-term bonds over longer-term securities.
    It is very very rare on these threads, to see specifics about how much you are investing. So you hear these very detailed discussions about buying, but nothing about the extent of buying. I am an investor who does not have a large number of positions. I prefer to have larger, but fewer positions, in my portfolio. When I was investing in Bonds before March 2022, it was typical for me to own 10 or fewer positions, with my smallest position being in 6 figures. Even now in my CD world, 6 figures is my typical minimum.
    So, this is a long winded way of stating, that it would be helpful to know how large of a treasury position, a bond oef position, ETF or CEF position, you are referring to when you state you made a purchase, or own a position. I know FD's investing style, and he talks about his successful performance, but he only invests in 5 or less positions in his portfolio, and each position is often larger than the entire portfolio of most posters, in talking about their purchases. I also know Yogi somewhat, but I have the impression that his purchases are part of a portfolio, with very large number of smaller bond positions. So, understand not only what they are discussing and purchasing, but also how much they are investing.
    +1
    Since 2017, I have been in only 2-3 funds, right now 2 funds. I stopped investing an equal % in each fund over 10 years ago, a typical position is in the 7 figure.
  • Bonds: Why you should invest in short-term bonds over longer-term securities.
    @dtconroe I would post % of portfolio invested, but not $$$$ (amount) !
    I was able to make a small 1.5% purchase in IRA of T-note mentioned above. That was all of the cash I had available in that account at Schwab. I then turned to Vanguard to up the ante to make a larger purchase of 3.5% so it would be a 5% holding. Unfortunately I wasn't able to make the purchase. If anyone was able to purchase 91282chs at Vanguard would you please reply. I might have over looked a back door approach.
    Thanks, Derf
    Derf, I understand and that is everyone's choice. In "most" investor/posters world, a purchase of 5% or less, is more typical, but that is much different than an investor/poster, who is willing to make initial purchases in the 10%+ and 6 figure world. I know several prominent posters, whose portfolios contain 40, 50, or more funds, whose largest position is 5% or less. If you are just nibbling around the edges with small purchases, that is much different than making a much larger purchase with much larger risk. Any additional details about a purchase, helps to clarify how well that would impact another posters decision to emulate a posted purchase decision.
  • Bonds: Why you should invest in short-term bonds over longer-term securities.
    @dtconroe I would post % of portfolio invested, but not $$$$ (amount) !
    I was able to make a small 1.5% purchase in IRA of T-note mentioned above. That was all of the cash I had available in that account at Schwab. I then turned to Vanguard to up the ante to make a larger purchase of 3.5% so it would be a 5% holding. Unfortunately I wasn't able to make the purchase. If anyone was able to purchase 91282chs at Vanguard would you please reply. I might have over looked a back door approach.
    Thanks, Derf
  • Anybody Investing in bond funds?
    Just bought two 12-months CDs from two large national banks with a quite satisfactory yield of 5.30%. I am not concerned about eking out a few extra basis points here or there in the future.
    If I were to add a bond fund to my portfolio at this time, I would probably consider CBLDX, a low duration high yield OEF with an excellent risk/reward profile and an SEC yield of 8.80%.
    Good luck,
    Fred
    Fred, you don't have to answer this question if you don't want to, but when you discuss your CD purchases, are those 4 figure, small 5 figure, large 5 figure, or 6 figure purchases?
  • Bonds: Why you should invest in short-term bonds over longer-term securities.
    It is very very rare on these threads, to see specifics about how much you are investing. So you hear these very detailed discussions about buying, but nothing about the extent of buying. I am an investor who does not have a large number of positions. I prefer to have larger, but fewer positions, in my portfolio. When I was investing in Bonds before March 2022, it was typical for me to own 10 or fewer positions, with my smallest position being in 6 figures. Even now in my CD world, 6 figures is my typical minimum.
    So, this is a long winded way of stating, that it would be helpful to know how large of a treasury position, a bond oef position, ETF or CEF position, you are referring to when you state you made a purchase, or own a position. I know FD's investing style, and he talks about his successful performance, but he only invests in 5 or less positions in his portfolio, and each position is often larger than the entire portfolio of most posters, in talking about their purchases. I also know Yogi somewhat, but I have the impression that his purchases are part of a portfolio, with very large number of smaller bond positions. So, understand not only what they are discussing and purchasing, but also how much they are investing.
  • Bonds: Why you should invest in short-term bonds over longer-term securities.
    @yogibearbull- This is very weird, because
    If I go to: https://client.schwab.com/Areas/Trade/FixedIncomeSearch/FISearch.aspx/Treasuries
    I wind up on the "Find Bonds & Fixed Income" page,
    and then in the   Or Search by CUSIP   box I enter:   91282CHS3
    I get this Search Result:
       S&P       Moody's
      Rating      Rating        Description         Coupon        Maturity          Callable
        NR            Aaa       US Treasury Bills       5.466         07/31/2025           No
                                          91282CHS3
    ... and this note: "Currently Not Available"
    I finally did get to a page that did show, as you said: VAR 07/31/2025 08/23/2023 07/31/2025
    and by using "Buy" I was able to enter an order. Thanks for your help on this.