@FD1000; I'm guessing you bought in around 3/25/20 ?
Derf

Nope, I sold over 90% at the end of 02/2020 and the rest days later.
Made several good trades with QQQ+PCI in 03/2020.
Start investing back in bond funds to over 99+% in 04/2020.
I had a huge % in GWMEX for several months. I owned IOFIX only in the last several weeks.
I wish I was brave enough to buy IOFIX on 3/25/2020. It made over 50% since then.

Increasing access to high-quality education.
Sure, I want even more:
I think that all employees should get better benefits + treatment. CEOs should make much less.
If we're already going there, health care and high education should be cheaper. Please find me these great cheap doctors and universities.
It's funny, the more we try to improve the above the worse it gets under both Dems and GOP.
1) Our school level got worse in the last 20 years.
2) CEOs are making 250-300 times their average employees while they used to make about 30 times in the 80"
3) Healthcare got a lot more expensive since Obama care.
4) The gap got bigger too. Many STEM jobs increase pay more than inflation but lower paying jobs did not + many don't get benefits.

@FD1000; I'm guessing you bought in around 3/25/20 ?
Derf

MaxFunds is too generic instead of looking at risk/reward as the best measure of funds. MFO is a fantastic source too.
Easy example: VWENX(98 by MF) vs PRWCX(83 by MF) in the last 10 years (link)
VWENX has a bit lower SD but PRWCX is beter for the following: performance was at 2+% annually, Worse+Best year, Sharpe+Sortino.
===============
What are my 5 or 6 largest holdings?
As a trader I use only 2-3 funds and now I have a big % in IOFIX and smaller % in JASVX+NHMAX. I could change it any week or stay with it for weeks.

@Gary1952: I’ve ferreted out for you the essential points in the Mester quotation. Here’s what she said:
Mester’s Overarching Thesis: “Opportunity and inclusion are important for achieving a strong economy”
How Mester thinks the “policymakers” can assist in meeting the need implicit in her thesis:
1. Increasing access to high-quality education.
2. Helping all households gain access to high speed internet.
3. Eliminating systemic inequities in access to credit and financial services.
Do you disagree with Mester’s thesis or with one of her three recommendations? I’m confused. I did not take her suggestion for “increasing access to high quality education“ as an indictment of our secondary schools. I thought she was referring to some kind of post-secondary assistance (subsidies, grants, scholarships, direct aid to universities, etc.) so kids from less well-off familires could enjoy the same high quality post-secondary education that kids from wealthier families do. Her second recommendation (access to high speed internet), however, is intrinsically linked to quality of education across all levels - including K-12.
In today’s modern economy, without some form of post-secondary education kids are at a severe disadvantage (and Mester sees this impacting American competitiveness globally). Post-secondary education need not be college, but study after study has confirmed that lifetime earnings correspond closely with years of college completed. And college is expensive. “... the average cost of college for the 2017–2018 school year was $20,770 for public schools (in-state) and $46,950 for nonprofit private schools, only including tuition, fees, and room and board.” Source
So, to your point, I saw nothing in Mester’s speech about “bad teachers” or mandatory school attendance laws not being enforced. Seems to me you tossed out some dubious red herrings to distract attention away from what she really said.

@Gary1952
My home town, the history that places your question into the real world.
https://hechingerreport.org/anonymous-town-model-desegregation-civil-rights-era/

While I'm a fan of using standardized periods (e.g. calendar years) for comparing funds because it prevents cherry picking, when it comes to looking at one fund's performance cherry picking may be what one wants. For example, one disregards year (and often month) boundaries when looking at max drawdowns.
With that in mind, AKREX lost 9½% in the year spanning Feb 11, 2015 to Feb 11, 2016 roughly matching the S&P 500. FWIW, CPOAX lost 16¾% over the same 365 days.
M* chart.
Also, as I've said before, an unusually hot (or cold) few months for a fund can make not only its past year performance look great (or lousy), but can also skew 3, 5, and sometimes even 10 year figures.
For example, if we back up just six months, and look at the ten year period between March 19, 2010 and March 18, 2020, we see that AKREX outperformed CPOAX. Similar result if we stick to calendar years (2010-2019). The 10 year comparison is skewed by a few months of hot performance by CPOAX.
M* 10 year chart (ending March 18, 2020; cherry picked to filter out impact of latest hot streak)
M* 10 year chart (2010-2019)

I like MaxFunds, and it's one of my go to resources. The problem here is that AKREX is being compared to funds that are riding 80% plus gains ytd on the backs of shopify, zoom and the like. That usually ends very badly. I'll take my "average" of plus 17%/year over the last decade with no down years and an SD under 12 for AKREX as compared to say CPOAX -- yes it has a 10 year average of 22.8, but with an SD 0f 19.51, including two down years. It does wonders when a fund is up 85% ytd!

- http://www.maxfunds.com/funds/data.php?ticker=AKREX&pg=d
- https://www.latimes.com/archives/la-xpm-2000-jul-11-fi-51124-story.html

“Opportunity and inclusion are important for achieving a strong economy ... Policymakers can improve economic mobility by increasing access to high-quality education, helping all households gain access to high speed internet and eliminating systemic inequities in access to credit and financial services” Mester said. Story
Duh.
No disrespect to Mester. Just find it incredible that this needed to be said at all or that it took a Fed Reserve official saying it to make news. It would seem so damned obvious. Relates back to the recent Ray Dalio thread in some ways.

Seven and eight percent? Good returns. If you can get them.

here. And here.

Answer: If you invest $750 every month for 20 years at a 7% return, it will be worth $390,712.50 https://www.saving.org/regular-savings/750/month
See also: $750 in 1955 is worth $7,273.82 today https://www.in2013dollars.com/us/inflation/1955?amount=750

The following is more impressive.
If investor A saved $1000 a month for 10 years at 8% annually from the age of 25 to 35 and stopped. The money is still invested for another 30 years at 8% annually without additional savings.
Investor B started at age 35 and save $1000 a month for 30 years at 8% annually. After 40 years Investor A (about 1.8+ million) will have more money than investor B (about 1.49 million)
It's the power of starting early + compounding.

https://www.sec.gov/Archives/edgar/data/809586/000110465920109266/tm2031929-1_497.htm
497 1 tm2031929-1_497.htm 497
HEARTLAND GROUP, INC.
Heartland Select Value Fund
Investor (HRSVX)
Institutional (HNSVX)
Supplement dated September 28, 2020 to the
Prospectus and Statement of Additional Information, each dated May 1, 2020,
as supplemented
On September 28, 2020, the shareholders of the Heartland Select Value Fund (the “Select Value Fund”), a series of Heartland Group, Inc. (the “Company”), approved the reorganization of the Select Value Fund into the Heartland Mid Cap Value Fund (the “Mid Cap Value Fund”), also a series of the Company (the “Reorganization”).
At the time of the Reorganization, shareholders of the Select Value Fund will become shareholders of the Mid Cap Value Fund, receiving shares of the applicable class of the Mid Cap Value Fund equal in value to the corresponding class of shares of the Select Value Fund held immediately prior to the Reorganization. After the Reorganization is complete, the Select Value Fund will be liquidated. The Reorganization is intended to qualify as a tax-free transaction for federal income tax purposes.
The Reorganization is expected to close on or about October 19, 2020.
Purchases with respect to the Select Value Fund will be permitted through the close of business on October 16, 2020.
This Supplement should be retained with your Prospectus
and Statement of Additional Information for future reference.
The date of this Supplement is September 28, 2020

I used my HP-12C calculator. I came up with $390,694.99 or $390,695 when rounded but it is close enough. It just proves the value of money over time contingent on the rate of return.

Answer: If you invest $750 every month for 20 years at a 7% return, it will be worth $390,712.50 https://www.saving.org/regular-savings/750/month
See also: $750 in 1955 is worth $7,273.82 today https://www.in2013dollars.com/us/inflation/1955?amount=750

CDs (3.0 to 3.55% APY rolling off in ~3.5 years), 77%
on line savings, 5%, currently paying 0.60% APY
Dominion DERI account, 6%, currently paying 1.75% APY
IQDAX, Infinity Q, 5%
FPFIX, FPA Flexible Income Fund, 2%
ROSOX, Rondure Overseas Fund, 2%
AKREX, AKRE Focus Fund, 1%, phasing out aggressively
TGUNX, TCW Premier New America, 1%, phasing in during down days, will take this up to ~5% of portfolio
AWK, American Water, 1%
Obviously very conservative, current portfolio supports lifestyle/expenses, me thinks current market is a complete farce due to gov't intervention/manipulation and that within 5 years we will all be "investing" in sports gambling thru our phones to fund our retirement
Do own two homes clear, likely going to sell home in high tax, mis managed Illinois within a year or two, maybe much sooner and move to other home in the mountains of NC
Younger wife still working, good salary, me...not sure if I'm retired or not, not working, not looking but kind of miss the corporate battles but then during a nice day hiking or on the beach don't miss it at all, I'm in my late 50s
Posting for entertainment purposes only.
Good Luck, Good Health to all, go Vote as you see fit,
Baseball_Fan

Just wondering on your rationale for selling AKREX? By my reckoning it may be the fund of the decade when taking risk into account.

Not personally into high yield. Stumbled across this article. Might interest some folks. My quick read of the charts says HY has returned little to investors this year, but that it’s done quite well over longer 3 / 5 year time frames. Might be fairly priced now. Not yet dirt cheap. (But what is?)
https://finance.yahoo.com/news/u-junk-bonds-set-329-204710508.html

- TSLA closed at $427 Friday.
- Linked chart (thanks to VF) is set to TSLA’s Friday close. / OK
- Scan down chart (left side) to TSLA futures @$200 / share and note the accompanying put price of $2.25 per share on specified date (11/20/20). / OK
- Sell 100 TSLA puts dated 11/20 for $2.25 each. You pocket $225. However, you are obligated to buy TSLA if the price is below $200 on 11/20.
- Secure your (potential) purchase of TSLA shares with $20,000.
- If TSLA is priced below $200 on 11/20, you are obligated to buy it at that price. Since you placed 100 puts, you will be required to buy 100 shares at $200.
- If TSLA is above $200 on 11/20, you’ve made $2.25 per put ($225 on 100 puts).
- The $225 you’ve pocketed is your “commission” (for lack of a better word) for helping facilitate the smooth functioning of the futures markets and for accepting what appears to be a small amount of risk.
Thanks VF - I’m beginning to understand. Glad it’s working for you.

VF -Someday when you have time maybe you could compose for us a “Selling Puts for Dummies“ guide. It’s something my feeble brain has yet to fully grasp. Possibly others would also like to understand the process better. While I’m not interested in doing such, some of my fund managers employ it - thus the interest in better comprehending.
Take care.

Honestly so many others can do so much better job of explaining than I. Youtube has several good videos. When you start getting a little sophisticated - I (ahem) am getting there - then look at TastyTrade. I'm taking my time, don't have to do anything exotic.
Here's an example.
Would you mind owning TSLA at $200 in the next 56 days. Your answer has to be YES.
Look at how much put for TSLA is selling expiring 11/20 here...
https://www.barchart.com/stocks/quotes/TSLA/options?expiration=2020-11-20-m&moneyness=allRows
Answer = $2.25.
1 put controls 100 shares. Mortals need to cash secure their puts. 100 shares of TSLA at 200 cost $20K.
On 11/20 if price if TSLA is below $200 you will receive 100 shares of TSLA. THIS is your risk, BUT you already accepted it. If it is above $200 you earned $2.25 x 100 = $225. $225 on $20K. A recent of over 1% in 56 days. 6% annualized.
This works for me because I invest very conservatively. IT is not for every one.

We have transferred our TRP retirement accounts to two separate brokerages. It was pretty straightforward after filling out the paperwork online. We transferred our TRP funds were in-kind to the new brokerages since they were all closed funds. Fidelity was quickest while Vanguard took several week longer.

Yes! I wanted to confirm TRP did participate in ACATS and was looking for example where IRA Account was transferred from TRP. I'm paranoid of me or TRP messing up closing account and giving me a check which I have to then send to broker.
Thank you so much!
And thank you MSF. I just didn't know TRP qualified as "broker". As long as its possible I'm good. I'm okay money going as cash to brokerage.
If anyone curious why I'm doing it, I'm convinced I can make this money grow faster selling puts like I've been doing last 5 months in my regular account and I don't have to worry about taxes.