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.
I would like to take advantage of MFO's "terrific resources" and ask the following question with respect to the FDIC insurance limit:
A poster on BigBang recently informed me that at his brokerage firm "I can hold $250,000 for one bank CD in my tax…
Thanks for the very helpful information, guys.
I raised my question on several other investment sites, but got the most useful replies from all of you terrific MFO posters. Much appreciated, and special thanks to msf for his concise answer.
Fred
I purchased a CD at JP Morgan Chase through Fidelity several months ago. I also have a CD at First Republic. If, as has been reported, the FDIC were to "persuade" Chase to take over First Republic, the combined value of my two CDs at Chase would now…
Banks, including JPMorgan Chase & Co (JPM.NaE) and PNC Financial Services Group Inc (PNC.NaE), are vying to buy First Republic Bank (FRC.NaE) in a deal following a government seizure of the lender, Wall Street Journal reported on Friday.
Banks, including JPMorgan Chase & Co (JPM.NaE) and PNC Financial Services Group Inc (PNC.NaE), are vying to buy First Republic Bank (FRC.NaE) in a deal following a government seizure of the lender, Wall Street Journal reported on Friday.
Have a FDIC insured CD at First Republic. Anything to worry about if the bank goes belly up, other than perhaps a delay in redeeming my funds at the maturity date until the FDIC finds a buyer for the bank?
Fred
As a retired and conservative investor, I currently have investments only in short term FDIC insured CDs by large national US banks and in Treasury only MM funds. As the CDs mature over the next several months, I will put the proceeds also into Tre…
Thank you, hank, for your informative and non-political comments.
But, please notice that I didn't recommend or support any action in my OP. On the contrary, I simply asked a question.
Here is my question again: "Would, for example, FDIC insured…
As a new member of the forum, I am disappointed to see the angry politics inserted into this thread by some, (not all).
Fully agree with you, hondo.
As the OP, I specifically asked: " Would, for example, FDIC insured CDs be a place to hide out …
I don't understand why the Democrats didn't lift the debt ceiling last month when they still controlled all three branches of government? It takes a simple majority in both House and Senate and the signature of the President to do so.
They could h…
FYI, here are some excerpts from an article in today's NYT: How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
"Strategists across Wall Street have sent out a raft of research assessing when the United States will exhaust it…
Thanks, stayCalm and sma3, well said and very informative comments.
Treasury only money market funds seem to be one of the best options if this hopefully unlikely event occurs.
Much appreciated.
Fred
I don't have a plan as yet, but, as has been pointed out, "The coming default will affect all markets".
I am still looking for options that minimize the damage to my portfolio in case of a US government default.
After reading all the responses to…
Just bought 1-year CDs at 3.15%. Expect interest rates to go up and may purchase additional CDs in the future.
As a retiree, I am currently in a capital preservation mode until I get a better sense of how far the Fed will go, and how the market rea…
With extremely low unemployment and still many unfilled jobs looking for applicants, it seems that inflation may remain at a fairly high level for longer than many expect. Hence, the Fed may have to be quite aggressive in its tightening process over…
In an interview with the WSJ, the Fed's James Bullard said that at next month's Federal Open Market Committee meeting he would lean towards voting for a 75 basis point rate hike. "He isn't ready to say that inflation has peaked and it remains import…
Also, Mav123, please explain the appeal of RPHIX? The fund's total return % for 1 and 3 years is 1.70 and 1.78, respectively. Over the past 5 years its 2.21%.
On the other hand, you currently can get a 1-year FDIC insured CD at Fidelity or Vanguard…
Bought a 1-year Wells Fargo Bank CD yesterday from Fidelity at 3.05%. Today, no longer available. Only remaining 1-year CD is from another bank at 2.90%.
Looks like they are selling like hot cakes.
Good luck,
Fred
SVOL of interest to anyone?
A new fund without much of a track record, SVOL has lost 12% YTD, and 5% over the past year.
Why would anyone be interested? What am I missing?
Fred
Sorry, but PQTIX lost 1.70% today.
But, PGAGX - PGIM Wadhwani Systematic Absolute Return Fund gained 0.66%! PGAGX, a fairly new fund, is currently on my watch list. Looking for lower volatility funds in this category. So far, so good.
According to…
@fred495, yes hear you loud and clear...still a bit unease with the PQTIX etc...so many derivatives, futures, swap agreements, forward currency contracts....glass box? Black box?
Sheeet hits the fan, does it all go "Poof" or are you bigly wealthier…
I was a long-time holder of JHQAX but sold it a couple of months ago due to its rather disappointing performance this year. I replaced the fund with PIMCO's Managed Futures fund PQTIX/PQTAX which has been performing quite well in the current market …
CDC, a large value ETF, is one of my favorites:
YTD=5.01%....3Year=20.36%...5Year=14.65%
SD=15.44...Sharpe=1.26...Sortino=2.33
ER=0.36%
SEC Yield=2.91%
Good luck,
Fred
Per Fido - FMSDX:
Portfolio Data Portfolio Data Additional Information
30-Day Yield 4
2.62%
3/31/2022
Duration
4.20 Years
3/31/2022
Distribution Yield (Daily)
1.41%
4/7/2022
Thanks, stillers, I should have checked Fidelity first instead of…
Looks similar to JHQAX @hank. Investing in equities but a sleep well fund.
Generally true, but not today. JHQAX lost 1.65%! More than the Dow, the S&P or the NASDQ.
Quite an unusual performance for a hedged fund.
Fred
Think you'll find the same fee at Fidelity.
Sorry, but I don't see that PMEFX is even available at Fidelity. Did you find it at Fidelity with a different ticker?
Fred
I am seriously considering moving some if not all of my position in TMSRX to PMEFX.
FYI, co-manager Mark Saylor left the fund in October. Apparently, the fund is only available directly from Penn Mutual.
Fred
Given the limited number of other VG AA funds available, would you attempt to suggest
(1) any non-VG AA funds and if so, what would they be
My suggestion would be to check out FMSDX, a Great Owl fund with an excellent risk/reward profile that …
Performance YTD of some popular Multi-Asset Funds:
30-50% Equity
TAIFX 11.67
VWINX 7.71
MACFX 7.23
BAICX 6.34
OICAX 5.92
MTRAX 9.06
Much has already been discussed about the difference/similarities between "Balanced
and Multi-Asset".
By the wa…
As a disclaimer, I currently have a very moderate position in COTZX and appreciate the clear mechanics of adjusting to market conditions based on S&P levels. Still, I am challenged to add to it for the following reasons and considering selling i…
What is going on here? The topic of this thread is "Chartwell Funds to become part of Carillion Funds".
Some of you are obviously hijacking this thread to discuss a totally irrelevant topic. Please show some courtesy towards the OP and start your o…
Former owners of Berwyn funds became owners of Chartwell funds in 2018, and now will become owners of Carillion Chartwell funds.
Wasn’t it vice versa?
Chartwell bought Killen Asset Management, the owners of Berwyn Funds, and then proceeded to tota…