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.
While I a not sure I believe them, Schwab chat claims with fed reserve raising rates, next months payout will be close to 1.19%. The "waivers' apply to individual investors also he says. The $1.61 was on6/15 same day fed hiked rates
I saw the same data.
One of my smaller accounts received $1.61 on 6/15 on a SWVXX balance of $3217
Annualizing it and not accounting for compounding that is $19.32 a year
19.32/3217 is 0.6%
Will email them.
I just looked at take home after taxes ( Mass tax is 5%)
At Schwab Short term treasuries look the best with 3 mo 1.47 vs Schwab MM 1.11
Their muni MM at my tax rate is 0.64% pretty pathetic!
I guess the spread at 3mos implies that rates will be …
I wonder if M* will still provide Quicken portfolio Instant Xray ( not quite as comprehensive as the one online at M* but quick and easy).
I just use Quicken on my laptop, so I don't know Quicken App will also track investments
Hopefully M* will …
Some interesting ideas from one of my advisors
20% declines not caused by electronic trading (1987) or Pandemic ( 2020)
1970 down 35% Recovered 20 months later
1973 down 48% rec 2114 days later !!!
1982 down 26% rec 68 days
2001 down 4…
Thanks for suggestions. Will look at them but would like one I can run on Windows PC too.
Here is the "we don't care if you have been a customer for three decades" response from M*
Dear ******
Thank you for writing to Morningstar. We certainly ap…
I find Calum Thomas's Chartstorm useful for overall market trends. Basic version is free.
This week he makes the important point ( as have others) that despite the rapid decline in SP500 etc, and the historically fast drop in the P/E to 15 or so ( …
I am glad others have found Lance Roberts. I find his daily emails very interesting and useful.
A number of people are predicting a short term bear market rally, to sucker everyone back in and then a huge crash.
The thing that stands out to me is …
@Ben @msf
I am glad to hear that converting my current watch lists to portfolios and then migrating them to "Investor" is apparently easy.
However this does not resolve the lack of an "import " function in Investor. As I mentioned above, I import …
There are a lot of people posting negative comments on M* discussion boards, especially about the lack of importing, for good reason. I would add my two cents worth but their system won't let me sign in, although I can log in to see my portfolios wi…
This may be the final nail in M* coffin for me. Thanks for screwing up a totally functional system and then increasing the price!
I have paid them money for lots of thing (remember the old tissue paper thin mutual fund reports?) since probably 19…
As a theory, managed futures sound wonderful, but I like many others have been disappointed. I bought AHLPX after extensive research helped me decide it had the best and least volatile track record. I held it for about six months in 2021 when it bas…
"Most people" think that capitulation will not occur until VIX hits 40.
34 today
I would assume also we have to see oil and food costs at least stabilize, and not keep going up. Friday's CPI ex food and energy, I think, was down a tad. This may…
My only concerns with "bucket" suggestions is that I think they underestimate how long the market can be down. While I do not think American Association of Individual Investors (AAII) is helpful most of the time, they did provide simple guidelines …
Look at REMX and GEMT
Focused on rare earths needed for a lot of technology ( and basically owned by China) and "green metals needed in EVs
LIT has been around since 2010 and is more liquid and more transparent than EVMT
Only 3% TSLA. A good thin…
Looking forward to hearing if this inability to compare ETFs to Mutual Funds is permanent. I suspect it is, since they now require a separate page for the chart itself. Just another nail in the coffin of M* for individual investors. Dumbing down th…
I assume they will offer something other than passive index funds, as the C F I E funds and the lifecycle funds fill that bill now. If they use a Fund vendor, like Vanguard's "Fund Access" there might be some useful funds.
I suspect there are a l…
I am not sure given the large number of people unemployed now but not looking for work today ( Long Coviders?, living on the increased dole, early retirees??) the unemployment rate would need to rise significantly with stagflation. It was 5% last A…
A quick look shows ITA overweight in Raytheon and LM ( 39%) with BA 5%
PPA is based on "SPADE defense index" which looks like the only one limited to defense firms, an does not include aerospace. Latter I would think will be economically sensitiv…
If I read another headline about the latest "undiscovered safe" stock or fund with a yield of 10% I will throw up.
All you have to do is look at ATT. What good was the 6% dividend when the stock is down 20 to 30% in the last 3 to 5 years?
What I assume is fueling the rallies is the fact that earnings for many firms are still good. In fact Chubb, Northrup Grumman and Leggett and Platt just raised their dividends.
See Comments I posted under "Rally soon" from Bespoke. Even in 2008 SP500 didn't go over 8 loosing weeks in a row.
But I don't think anything has been "fixed" and accepting the various measures of how high valuations were ( ie Hussy) this can clea…
From Bespoke Report free email.
The first shows historical weekly losing streaks for the S&P 500. At 7 consecutive down weeks (and counting), this is the longest losing streak for the US stock market since 2001. There have only been three p…
I have been looking at FARIX an absolute return/ Global Macro fund that FD100 mentioned on another board. They have a fair amount of useful data and information on their website. It has low correlations to Global equities (0.3) and FI (-0.3) and a …
I have read Weiner for years, as the newsletter is cheap although he rarely changes anything in the portfolios. However, it would not be my first choice for income, as his income portfolio looses 20% when the market crashes.
Having said that, he i…
The interview is another example of the declining usefulness of Barron's interviews. She doesn't say anything new, really. AI, Big Data, genomic revolution have been predicted to revolutionize health care for at least the last 20 years. No one talks…
It is worth knowing that Dan Weiner who has published the Independent Advisor for Vanguard Investors (for decades), long ago felt Hynes was doing such a poor job running VGHCX that he advised his readers to sell it and just use the Vanguard Health C…
So far I am up 1% this year but only because of energy and commodities. Value has done better than tech "but you can't eat relative performance!" The winners are just basic stuff, ie oil and DBA, because my small positions in water, rare minerals…
I have relatives who have driven TSLAs With the AC on Radio etc, the range is no where near 200 More like 125 to 150.
Everyone is holding their breath for the Truck, but who wants to spend that kinda money on a vehicle that won't go cross country …
Those of us who can remember Dreyfus Liquid Assets Money Market fund paying 12%, CPI at 14% treasuries at 16% and mortgages at 18% suspect it could worse.
The DJI was 600
Anybody else tempted by ATVI? It is almost $20 below MSFT price ( 95-78)
The market obviously thinks there is a sig chance the deal will not close, but Buffet obviously disagrees
What I find interesting is Warren bought more stock this last quarter than usual. If he expects a significant downturn, I would have thought he would wait.
However Activision has a floor under it with MSFT purchase and the other big buys were ener…
Early in retirement, the last thing I need is holding a large equity allocation in a prolonged bear market, so I am at my personal low end of stock allocations. I am marginally positive YTD overall, with overweighs in Energy and commodities and und…
BTW it looks like BPTRX still is loaded with TSLA.
Yesterday TSLA down 12% BPTRX down 8%
I have whittled my daughter's position down to 3% of her account. I would sell it all but she has a 400% gain.
