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Up 0.6% YTD
Best positions Uranium ( who would figure!) MRK AMZN ORCL and Buffet!
No NVDA. Sold my daughter's META in late December after a 200% gain. Guess that was a bad move!
I used these as examples of how complex biotech investing is, as the results of double blind placebo trials are my their very nature not really known unitil the trial is over.
AS far as insider trading goes "The person receiving the tip, however, m…
Even as a physician, I have a hard time figuring out biotech. I am personal friends with one of the Lecanemab investigators, but of course he could not share the news of it's effectiveness until it was publicly available in late 2022. With a press…
I didn't find this article terribly informative.
In ten years of a massive bull market with complacent investors and century low interest rates, of course, inverse funds and volatility futures are going to do badly. Most of her "stinkers" have d…
I doubt there will be significant rate cuts unless there is a recession. The labor market is still pretty strong, consumers still have cash from pandemic
As "everybody" thinks the Fed will cut five times this year, it is almost guaranteed they wo…
The article is interesting but it seems very hard for us mere mortals to make sense of which PIMCO fund might be getting involved, if any. All this stuff will probably go to their biggest customers in private vehicles.
@Yogibearbull, how can you te…
@stillers
We have alerts set at one cent on all our accounts with emails and texts. Works great. Texts come in before you leave the store.
It is funny because years ago we got a second credit card to use "only online" with a lower credit limit t…
If this was Schwab Bank, I assume they would be held to EFTA standards, but since you authorized the payment, even in error, they could say Schwab was not responsible.
To me the really scary thing is that they have the ability to automatically pull…
@stillers
I always was told that banks only applied reimbursement for fraud as a "courtesy" and were not required to. Glad to hear about EFTA
I never use a debit card for any automatic transactions, and I am always concerned that the one I have i…
However, don't you think this will be easier to fix than redesigning the entire software for the plane as they had to a few years ago?
The big problem is probably going to be that the old timers with the culture of quality have all retired or bee…
It is the perception that is important, don't you think? The official reason for the door plug won't be available for several months I would think. Now anytime a Boeing jet farts, it will be headlines
Depends on how well you want to sleep and how much return you need. Cinammond has a much better defined investing approach than Hussey. I could never figure the latter out.
@hank
Eric Cinammond ( PVCMX) calls it "the art of looking stupid" . This is a good read.
( BTW PVCMX was ahead of SP500 last three years until October with lot smoother ride!
https://www.palmvalleycapital.com/post/the-art-of-looking-stupid
"I…
I have found inverse funds helpful for taxable accounts when selling would trigger large gains, and to damp down volatility when things go really south. Of course when they go wat up ( 2008 and 2020), I can never sell them at the top so it usually …
@ Old_Joe
you may not have gotten the "Settled funds" message because Schwab MMFs all settle the same day. All other funds and stocks settle in two or three days
I think Schwab, unlike Fidelity will let you buy funds without enough cash in your…
@FD100 I should have been clearer; The couple of days is on the bank's end. Wells Fargo says it takes two days before funds available in your account
When I called them they said the transfer from their side to the merchant also takes two days s…
I think it depends on why the market crashes. 2022 crashed because of the rapid rise in interest rates, which killed normally safe bonds, in proportion to their duration.
With Interest rates higher, it is less likely that a sharp rise will occur, …
BTW RPHIX lost considerably less ( 3%) than either OSTIX ( 10%) or RSIIX ( 15%) during Covid panic.
I wonder if the difference has to do with the necessity of valuing infrequently traded bonds by proxy. So when everyone sells, that value has to …
All good points but there are some rather peculiar tweaks I have found since my wife and I stopped getting paychecks. I get SS but not till the last of the month, and it generally is not enough to pay for big ticket items like estimated taxes, April…
No matter how you tweak it, it seems to me the key is to have enough $ in stable value investments ( ie cash and/or short term bonds) to avoid having to sell during a prolonged down market just to get money to live on.
How long the downturn lasts …
@Old_Joe
If the "Iron Dome" can stop Hamas rockets methinks something similar will be able to take out the Houthis.
The recent strike on a US container ship caused little damage. Once the shipping companies see the escorts that are available ( …
Somehow I dont think the US, UK, Saudis and hopefully more Europeans ( who get something like 40% of their goods through Suez) will be unable to stop the Houthi nonsense.
It all depends on what Irans tries to do afterwards, I think.
One way, popularized by AAII is to hold x number of years expenses in cash ( you pick the number… at least 5)
In years where SP500 or Wiltshire or ur index of choice is within 5% of all time high, withdraw living expenses from equities. When index…
I am in same boat, but don't want to have to pay taxes until I have to, ie 4/15. I paid last years amount.
You can also mail them a check if it is postmarked today. However, the amount of penalty for missing a day or two of the deadline is pretty …
From what I read the "Market" is priced to perfection and that includes rate cuts starting in March with multiple cuts to follow. If this happens it will be great for bonds, but you have to ask why would this happen? Many people think the cause w…
As a ha ha Vanguard claims they have "leading technology"!
I will check but I suspect most of the allocation decisions are in the hands of a computer, even if you get a personalized advisor for questions. I wonder how much they change the asset al…
Thanks or the information and advice. I have a hard time paying a computer even 0.3% for advice. You are also stuck with their version of Asset Allocation. This has been a major drawback for Vanguard for several years now.
From what I can tell fro…
I think, also, you have to decide if you are talking about reinvesting dividends. People who plan to live on their investments may need to spend them, especially if the absolute value has dropped significantly
After 1929 and more relevant to us, a…
Poor Kosinski. Dead by suicide at 58.
His suicide note read: "I am going to put myself to sleep now for a bit longer than usual. Call it Eternity."
Painted Bird is a remarkable book, as is Being There. Fascinating man, but not everyone's cup of t…
It all depends on when you need the money, and how much. People who retired in 2000 expecting to live on the returns of the SP500 were in trouble for a long time.
Most projections, like American Associations of Individual Investors claim 3 to 5 yea…
Very useful article.
I haven't finished it but I do not see data about returns taking into account the starting value, ie returns when stock P/E's are high or interest rates low
I have always heard and believed that one of the reasons Buffet has…
@FD100 @rforno
I have had a similar experience at Schwab with the local FAs who have been very helpful with moving money, checking on accounts and answering the phone almost immediately. They probably would have been happy to give me investment ad…
@yogibearbull
M* responded in a rather convoluted way by sending me a screenshot. Only by a couple of tries that didnt work, did I find the "eyeball"
The watch list "import" creates does not include position size or average cost the way the legacy…
