Thanks YBB Yes, a fine group of folks here; who help, share, ask questions and provide answers that makes all of us better. This, of course; includes Mr. Snowball and behind the scenes staff, as well as those who provide the monthly commentaries, and Charles for his selfless efforts with the data and those who continue to provide monetary support..
I will place this short write that may or may not be attributed (disputed) to Kurt Vonnegut, but good for life in general, and investing for this forum; keep learning and be happy. All of your skills and experiences may be applied to investing.
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Kurt Vonnegut wrote: "When I was 15, I spent a month working on an archaeological dig. I was talking to one of the archaeologists one day during our lunch break and he asked those kinds of “getting to know you” questions you ask young people: Do you play sports? What’s your favorite subject? And I told him, no I don’t play any sports. I do theater, I’m in choir, I play the violin and piano, I used to take art classes.
And he went WOW. That’s amazing! And I said, “Oh no, but I’m not any good at ANY of them.”
And he said something then that I will never forget and which absolutely blew my mind because no one had ever said anything like it to me before: “I don’t think being good at things is the point of doing them. I think you’ve got all these wonderful experiences with different skills, and that all teaches you things and makes you an interesting person, no matter how well you do them.”
And that honestly changed my life. Because I went from a failure, someone who hadn’t been talented enough at anything to excel, to someone who did things because I enjoyed them. I had been raised in such an achievement-oriented environment, so inundated with the myth of Talent, that I thought it was only worth doing things if you could “Win” at them."
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POINT: Lots of things are worth doing because they bring you joy, and for no other reason. Do them, enjoy them, be fulfilled. Do things that make you happy!
2022 year-end capital gains distribution estimates (Vanguard's Final estimated year-end posted) Check your T Rowe Price estimated distributions again. They re-estimated from Sept. 30 to Oct. 31. Link is in the big list above.
In my case, one remained the same and another reduced by a third (RPMGX).
Dave
AAII Sentiment Survey, 11/23/22 2022 has been an unusual year for the AAII Sentiment, a contrary indicator. The low-high ranges YTD are:
Bullish: 15.84% (4/14/22) to 33.33% (8/18/22)
Bearish: 27.54% (3/31/22) to 60.87% (9/22/22)
Bull-Bear Spread: -43.1% (9/22/22) to +4.3% (3/31/22)
The current Sentiment reading is fairly negative, but not as bad as it was in September (or, in April or June). However, Charles Rotblut of AAII sees the current situation much more optimistically (e.g. "new 2022 high for bullish sentiment" last week; he hasn't tweeted yet about today's readings).
There has been a rush into guaranteed products* (Treasuries, CDs, stable-value/SV, m-mkt funds, etc) but that may be justified for now. My rule of thumb is to favor guaranteed products so long as their guaranteed rates well exceed the 30-day SEC yield of competing choices. This will change eventually.
*Principal and interest are guaranteed currently or at maturity.
AAII Sentiment Survey, 11/23/22 For the week ending on
11/23/22, bearish remained the top sentiment (40.2%; high) & bullish became the bottom sentiment (28.9%; below average); neutral became the middle sentiment (30.9%; near average); Bull-Bear Spread was -
11.3% (high). Investor concerns: Inflation (high but moderating); supply-chain disruptions; recession; the Fed; dollar; crypto winter; divided Congress; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (39+ weeks); geopolitical. For the Survey week (Thursday-Wednesday), stocks were up, bonds up, oil down sharply, gold down, dollar flat. #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/thread/141/aaii-sentiment-survey-weekly?page=8&scrollTo=847
A little surprising how far stocks (and for that matter bonds). have come off their bottoms. But then the investing and trader boards seem to mirror the same bearishness. In this environment disbelief is the bull’s greatest ally.
AAII Sentiment Survey, 11/23/22 For the week ending on
11/23/22, bearish remained the top sentiment (40.2%; high) & bullish became the bottom sentiment (28.9%; below average); neutral became the middle sentiment (30.9%; near average); Bull-Bear Spread was -
11.3% (high). Investor concerns: Inflation (high but moderating); supply-chain disruptions; recession; the Fed; dollar; crypto winter; divided Congress; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (39+ weeks); geopolitical. For the Survey week (Thursday-Wednesday), stocks were up, bonds up, oil down sharply, gold down, dollar flat. #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/thread/141/aaii-sentiment-survey-weekly?page=8&scrollTo=847
STOCK ROVER OFFERING FREE TRIAL THROUGH SUNDAY P.M., THE WEEK-END AFTER TH'G'VING As a Stock Rover user, I cannot see the new deal - the link in the OP just logs me in.
I recall that Stock Rover had
14-day free trial. Then, one has to sign up for
1 of 3 levels: Essentials is OK for quotes, charts, etc, but one needs Premium for meaningful portfolio analysis. I have provided more info in a primer elsewhere.
https://www.stockrover.com/tradethischart-plans/
Tax prep software sending personal information to Meta thanks,
@FD1000. There are some here, surely, for whom that info. is helpful.
Tax prep software sending personal information to Meta I have been using
https://www.taxhawk.com/ for years.
Federal filing is always free. State is $
14.99, but every year, they have
10% coupon.
It's simple, but can also do complicate scenarios. You can ask questions, and you get answers within several hours. It remembers the numbers from last year.
When I checked years ago against the big tax software, Taxhawk was easier and cheaper of course.
In emerging markets, the bulls are back again For lower-quality HY/EM bond funds with high 30-day SEC yields, watch for deteriorating fund NAVs. That may be for 2 reasons:
1. Some holdings defaulted,
2. Premium bonds used to juice up distributions (beware of current-income vs total-return objective).
In emerging markets, the bulls are back again +1
U S TREASURY BILL DUE 04/20/23 DTD 04/21/22 @Sven, Treasury doesn't provide good explanations for reopenings. My guess is that it increases the size/liquidity of some Treasury CUSIP#. Most reopenings are
1-2 months after, but TIPS may be reopened 2-6 months after.
