On a previous thread about IOFIX and variable prices vs NAVs,I elaborated on the fact that FARIX changed the price of their fund two months after I sold it and clawed back over $500 from me.
I filed a complaint with the SEC with the details of the dates shares etc. It took a couple of months but the SEC acknowledged my complaint and asked the fund company what happened.
Today they responded :
" U.S. Bank Global Fund Services made an accounting error in the Fulcrum Diversified Absolute Return Fund from June 9, 2022 until August 30, 2022. As a result, the net asset value of each share class of the Fund were redetermined for the period. The maximum error during the period was $0.07 per share, representing approximately 0.77% of net asset value, for each class. As a result, in accordance with Fund policy and in coordination with the Fund, shareholder purchases and sales between those dates were reprocessed.
Based on industry accepted practices, U.S. Bank Global Fund Services, as transfer agent for the Fund, initiated reprocessing of transactions on September 13, 2022 to make shareholders and the Fund whole. U.S. Bank Global Fund Services followed normal instructions to notify intermediaries, including Schwab and Fidelity, of the NAV correction issue and asked for assistance to get shareholder activity in alignment with the corrected NAVs. The intermediaries, including Schwab and Fidelity, then reprocessed the applicable transactions for their customers.
As a good faith gesture to Fulcrum and its shareholder, U.S. Bank Global Fund Services will reimburse the shareholder "
While my original question of "So What it was your mistake, why do I have to pay for it" was sorta ignored, they are making up the difference.
So it does make sense not to "just lie down and take it".

added qqqm earlier, leap cc 125 90 days delta 14
apple put 100$ april, 14d
sold couple bonds cover margin calls QQQM and ON bet too high prices 4 months ago
no more dried powdered - margins now near 0

Fund Allocations (Cumulative), 11/30/22

There were notable increases in the allocations to stock funds, and declines in those for bond and m-mkt funds. The changes for OEFs + ETFs were based on a total AUM of about $28.17 trillion in the previous month, so +/- 1% change was about +/- $281.7 billion. Also note that these changes were from both fund inflows/outflows & price changes.
OEFs: Stocks 52.77%, Hybrids 6.77%, Bonds 20.00%, M-Mkt 20.46%
ETFs: Stocks 80.85%, Hybrids 0.47%, Bonds 18.68%, M-Mkt N/A
OEFs & ETFs: Stocks 59.17%, Hybrids 5.33%, Bonds 19.7%, M-Mkt 15.79%
https://ybbpersonalfinance.proboards.com/thread/245/fund-allocations-cumulative-monthly?page=1&scrollTo=879

+1.
JRSH at new 52 week low today. Stinky poopies. What I have in there is insignificant. Letting it ride. Everything ELSE is up. WTF.

Why would you ever even consider such an investment? On a tax-equivalent basis, 10-Year Treasuries would crush this.

It looked great on the surface. The input I've received here is valuable. I've decided against it.

Bought 1000s DUK/pA to put some excess cash to work. Getting a qualified 6.05% dividend yield for at least a year or until whenever it gets called.
Hoping to get CHSCL at par should it get there again. It's creeping closer...

Why would you ever even consider such an investment? On a tax-equivalent basis, 10-Year Treasuries would crush this.

thread w high-level analysis and speculation, plus the comments
https://twitter.com/paulkrugman/status/1608167056867987456

For the week ending on 12/28/22, bearish remained the top sentiment (47.6%; high) & neutral became the bottom sentiment (25.9%; below average); bullish became the middle sentiment (26.5%; low); Bull-Bear Spread was -21.1% (very low). Investor concerns: Inflation (moderating but high); supply-chain disruptions; recession (2023?); the Fed (slower pace but higher rates longer); dollar (reversing); crypto ice-age; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (44+ weeks); geopolitical. For the Survey week (Thursday-Wednesday), stocks were down sharply (techs, Nasdaq near lows), bonds down (CEFs near lows), oil up, gold down, dollar up. #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/thread/141/aaii-sentiment-survey-weekly?page=8&scrollTo=878

Reply from the Irish side of the pond regarding my eligibility to buy that 10-year item:
Thank you for your email.
Yes you are eligible once you have a PPSN number the address can be registered to the USA. A cheque or bank draft can be posted to Inpayments, State Savings, GPO, Dublin 1. Personal cheques or bank drafts should be made payable to NTMA State Savings. If your wife does not hold a PPSN number she would not be able to make the purchase held jointly with yourself.
The application should be accompanied by original or certified* copies of identification for each applicant:
Proof of name e.g. current passport, driving licence
Proof of address e.g. current household bill, bank/building society statement
Proof of PPS number e.g. document from Dept of Social protection or Revenue, P60, Social Services, EU/HSE Health Cards).
*Certified Copy - You may bring the original documents to any Post Office where a Post Office Official can photocopy the original to certify it is a true copy of the original. Alternatively you can bring the original documents to a Member of An Garda Siochána/Police or a practising Solicitor/Commissioner for Oaths where they can photocopy the original and stamp it to certify it is a true copy of the original.
**************************************************
Couldn't get past Square One: I don't hold a PPSN number, and don't plan to do it.

Musk advises Tesla employees not to freak out about their shares in Tesla https://www.cnbc.com/2022/12/28/elon-musk-tells-tesla-employees-to-ignore-stock-market-craziness.html

Musk has blamed Tesla’s declining share price in part on rising interest rates. But critics point to his Twitter takeover as a bigger culprit for the slide, which has wiped out about $675 billion in market cap this year as of Wednesday’s close.
In the email, Musk thanked Tesla employees for their work in 2022, encouraged them to push hard for a strong fourth-quarter finish, and asked them to “volunteer to help deliver” cars to customers before midnight on Dec. 31, if at all possible. [emphasis mine]

The billionaire asked his employees to volunteer? Crikey. Just lost the Z's, and a lot of Millenials. Never had me anyway.
Back on this planet, maybe your falling share price has a little bit to do with your share sales?
I don't care if Musk bought twitter to support AOC and The Squad. It's looking like a Spruce Goose to me, i.e. merely a symptom.
Treading water with the green energy funds I bought earlier this year that did not feature large chunks of Tesla boosting their then recent performance..

Saw this today:
Congress just approved 401(k) and IRA changes
secure-act-2-0-retirement-changes-401k-roth-ira/
Non-paywall article:
congress-just-approved-401-k

The one JG thing I try not to miss is the annual "Just Markets" webcast. It's always a deep dive into data I rarely see explored elsewhere, with little pure opinion, and what there is of that is pretty clear so can be ignored if that's a listener's pleasure. It's January 10 this year, access from the D'Line site.

You're probably right that I'm being overly-sensitive to the term "enemies." But then I think the term is also almost certainly being used by some of our own current leaders to refer to these nations and they aren't referring just to leaders like Putin. They do mean the entire nations. The term can so easily escalate to real warfare. Leaders can be replaced, ousted, arrested, extradited, ocassionally assassinated. Enemies of the broad national kind tend to be targeted for extermination.
The term "enemies" also tends to have ramifications in nations like ours where there are immigrants from every nation. I don't think it's an accident that there has been a sharp surge in anti-Asian hate crimes and attacks in the U.S. in recent years since the political rhetoric attacking China as the enemy responsible for our economic woes and Covid also increased: https://nbcnews.com/news/asian-america/anti-asian-hate-crimes-increased-339-percent-nationwide-last-year-repo-rcna14282

Southwest cancels another 4,800 flights as its reduced schedule continues
Following are edited excerpts from a current NPR report:

Hundreds of thousands of travelers hoping to fly on Southwest Airlines this week are likely to be left in limbo a few days longer.
After canceling roughly 13,000 flights in the last few days, the airline is planning to remain on a reduced flying schedule for a few more days, its CEO said in a statement late Tuesday.
All domestic airlines have returned to pre-storm delay and cancellation levels after being knocked off-kilter late last week by a severe winter storm. Yet Southwest Airlines, plagued by staffing shortages and an outdated scheduling system, is still paralyzed.
As of 9:30 a.m. ET on Wednesday, Southwest had canceled 2,508 flights for the day, accounting for 62% of its scheduled flights, according to FlightAware.
Thursday isn't looking great either: 2,348 Southwest flights have already been taken off the departure boards.
Bob Jordan, the Southwest CEO, admits a system upgrade is overdue.

Well, that's why CEOs make the big money... they have to be right on top of stuff like this.

Musk seems to be going after Fauci again too, if I read the timing ( 13 hours ago) correctly. Is retweeting a 2021 article. Why is this news?
I think he is seriously mentally ill. At least other corporate executives who destroyed their companies (Welch, Kozlowski, Stonecipher) just had a zipper problem. This guy is seriously ill

Secure 2.0 (2022) has important changes for 529s.
Excess funds from 529s can go to Roth IRAs of the beneficiary (2024- ). Taxes and penalties won't apply to these rollovers. Several limitations apply: 529 must be 15+ years old; only the money contributed or earned 5 years prior to rollovers is eligible; normal annual contribution limits for IRAs apply; but there are no income limits or earned income requirements; lifetime maximum transfer is $35K.
https://ybbpersonalfinance.proboards.com/thread/18/college-529?page=1&scrollTo=877

No idea what JG meant, but if you're asking about PIMIX, the NAV lost about 2.2% yesterday, but ~ 1% of that was a distribution.
If JG did mean Pimco Income, it's done better than his flagship fund in just about all time periods this year. Even with that loss, PIMIX still beats DBLTX in total return in December so far.

https://theage.com.au/business/companies/did-the-tesla-story-ever-make-sense-20221228-p5c91f.html?ref=rss
I don’t agree with everything Krugman says here, but the differences between Tesla vs Microsoft and Apple are important ones.