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On a recent Wealth Track, David Giroux said "I think people are going to make a ton opf money in Utilities", and he recommended moving money from Consumer Staples into utilities. If I remember correctly he highlighted Next Era Energy as one of sever…
Giroux is becoming TRP’s “super-star”. TRP has ramped up their advertising on Bloomberg of late. And they’ve gotten a bit more aggressive in pushing fund performance. AFAIK, Giroux (or his likeness) hasn’t appeared in any of the ads - YET. (Give …
I never was good at hedging. Sure, I'd put an option hedge of some sort on and be proven right, but since the position likely expired before the event, it meant that I was early, and thus 'wrong.' :)
Ergo, since I'm usually a lousy market timer, …
Added to ATT preferred C shares for l/t qualified income on this week's swoon over the lead cables story. (I trust it more than the common.)
Also srsly considering adding to my moderate sized position in VZ on the recent swoon, too.
@rforno,
I posted some news about this fund some time ago, then there was no activity concerning it until I just discovered this filing.
I must've missed that posting. Thanks for the update -- worth keeping on the radar!
Huh, interesting. Maybe this would pair nicely with PRWCX? IE, one is more heavily skewed towards equities, the other more skewed towards FI ... almost like the Wellington/Wellsley thing?
My TD migration date is many months away. TD said if I want to move sooner, I have to go through the account transfer portal (ACAT) and that it could take up to one week.
I setup a Schwab account and moved 95% of my stuff over back in summer 2020 a…
I don’t think think or swim is available in Schwab yet. They said “soon” last time I asked.
My TD/Schwab guy, plus the 'rumor mill' says Q3 or Q4 this year, but I'll believe it when I see it. Right now I use my TD account for ToS charting/data eve…
Good stuff.
The more times I see/hear a PM in the financial pr0n media, the less I want to have money with them. Bob Arnott, Bill Gross, Jeff Gundlach, Michael Hassenstab, Cathie Wood, etc, etc. They all can be 'rock stars' with legions of fawn…
"The list of "closed"/member-only sites is long and growing."
So, that forces one to sign up with each site, even if one wants to just read. Most sites these days say one can sign in with "Google" / "Apple" or go through a multi step process and g…
I left Twitter last October for the fediverse and havent' looked back. Far far nicer an environment w/much better interactions and less noise/spam/trolling .... reminds me of the early days of the modern internet. :)
Reddit is also going thru con…
Yes, due no doubt to masochistic tendencies. Then I try to learn something from the exercise.
I used to for that very reason - both good/bad. Now, I nearly always don't ... that way I'm not second-guessing myself and/or getting overly attached to …
Give it a year before they concoct a 'Core Stress Test' metric that excludes those annoying, fluctuating, and volatile CRE expenses in the headline number.
I mean, they exclude food/fuel from calculating CPI for the average person....so sure, 'infl…
CGDV (and CGGO) have been on my watchlist since inception and will be seeing some $$$ from me sometime this year. I like CG's approach to investing (I hold several American Funds in very large quantities) and this will be a solid LCB fund to help m…
Well! TCAF exceeded PRWCX today. What could be merrier?
TCAF +1.21%
PRWCX +0.95%
Don't forget PRWCX has a lot of fixed income in it --- so it won't ever move in tandem with a pure equity fund. But sure, it's nice to see on its opening day. :)
@BenWP +1. Looks highly concentrated with the same stuff as any LC index.
Agreed. I'm still inclined to go with Capital Group's CGDV versus TCAF, though I may throw some $$ at this pup as a diversifier -- their holdings don't overlap much.
The …
Official TRP page is up, including holdings...
https://www.troweprice.com/content/fai/us/en/investments/etfs/capital-appreciation-equity-etf.html#primary-holdings
Was this transfer for all TD accounts, mine seem unchanged as of now?. FWIW, I think everyone's accounts are not transferred yet. You can create your new User name and password on Schwab.com, and it will tell you when all your accounts are scheduled…
Speaking as a professor, if medical school faculty had such a laughable 'grading' scale like the credit agencies have to keep issuers from receiving failing grades, they'd be a mortician's delight.
I don't plan to do anything marke-wise until (er if) Biden signs the bill into law. Until then, it's still a total crap-shoot imho.
I think he punted on the 14th b/c it wouldn't be an immediate solution to the current problem/deadline -- but with …
Interesting the many American Funds significantly increased their AUM over the decade. (I've held several of them in moderately-large positions since 2005)
In the spirit of Dr. Strangelove: "How I Learned to Stop Worrying and Love the Bomb". Whatever comes, comes and I will ride it down if it breaks loose. Yee, haw, here we go again.
The original ending of the movie was supposed to be a massive pie fig…
@bee: you are very kind to suggest I might be capable of opening a new web site devoted to ETFs. I would need a cast of volunteers to do the real work as well as a minder to prevent me from buying every can’t-miss ETF that will surely come along. Ho…
Congress is on Memorial Recess now, but may be recalled on short notice. More precious days to the debt-ceiling deadline wasted.
Meanwhile, very short-term T-Bills yields are acting up, while the dollar is getting stronger. This may be getting comp…
If sp500 go to 3300 I will load all margins sell my house and put everything in spy Iwm eem Tsla tqqq
They say maybe 10% drop next few wks/large corrections
Get ready
My gameplan:
10% down I will nibble as appropriate. (IMO such a move is hard…
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A true permanent solution would be future balanced budgets, or making the debt-ceiling an integral part of the deficit budgets, i.e. , no pork-barrel/Christmas-tree deficit budgets without an appropriate increase in the debt-ceiling to keep all on…
Let’s hope the “rally” doesn’t amount to a Wile E. Coyote moment. Could be a case of “sell the news”
GOOD POINT!
Watch the markets pop higher on *any* news of a deal. If it's a short-term deal, 30-day delay, or other punting, I would expect a po…
What will I buy? Some more high-end single malt scotch.
... and equitiies on my shopping list that may plunge in value to fire-sale prices if/when/as the markets respond to the abject delusive insanity emanating from the idiots across the river f…
DC political media was reporting the other day that the House Dem leadership met w/Kevin and said they'd protect his right flank should hard-right GQP'ers launch an effort to oust him as a protest to whatever deal he might arrange. (Sure, it'd keep…
So what's the (GQP) plaintiff's argument for likely suing the administration for invoking the 14th as a way of killing this stupid debt ceiling nonsense? "Your Honors, we disagree with requiring the government pay for things it's already purchased?…
Schwab Bank pays whopping 0.45-0.48% on its checking and savings accounts.
Hey it's probably still more than they pay their brokerage sweep account!
Amazing that in 2023 they still want folks to buy into their (expensive) MMFs and take an extra ste…
I am likely starting a position in CGDV and CGGO sometime soon as well. Been tracking it for the past year and am a general fan of Capital Group's style.
Sold my MMP for a 20%+ gain between the OKE acquisition this morning and existing profits on the position. Price action thus far suggests folks may not be entirely thrilled with the deal and are perhaps worried that regulators might step in to muc…
