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.
Here is comment from the Schwabie : " Not suitable for most investors. These exchange traded products (ETPs) represent unique risks, including leverage, derivatives, and complex investment strategies. These securities are designed for daily use only…
Grantham reminds me of Marc Faber of the 'Gloom Boom and Doom Report' ... pithy, witty, educated, and great for media hits --- but wrong for a lot longer than you can profit from their advice.
Sadly when the Bear strikes, everyone goes 'oh, they we…
FYI --- American Funds is not the same as American Century.
I don't care if an active fund tracks an index on the upside, but I do care if it tracks an index on the downside. The SPY lost like 38% in the GFC while PRBLX was down only 22. I'll take…
I bought into MGGIX (MGGPX) before it soft-closed. It's tread water to been slightly up over the past year, but I'll continue to hold it until I feel otherwise. After all, barring blatant weirdness or idiocy, one 'bad' year after a multi-year mult…
Roth IRA used to have $2,000 limit when it started in 1998. Many people don’t have jobs with 401K) and 403(b) plans. How can one save enough for retirement with $6,000 and 1,000 catch-up, per year?
Agreed. I think it's IRAs are joke compared to 4X…
@David_Snowball
It pretty much summarizes the capital gain distribution estimates of many of the mutual fund families and related links cited above.
20% for PRGTX is noteworthy, but I had no idea that 8% for PRWCX constitutes a 'big distribution' i…
Oops - Parnassus is NOT yet showing end of year on all funds
I called them last Thursday and they told me the distros would be "soon" ... which makes sense since they tend to pay in mid-to-late November (18/19-ish this year I think they said).
I was concerned about possible integration issues, so a year ago we took advantage of Schwab waiving account closing fees at TDA and made the move before it was done in mass.
Same here. I've been through brokerage mergers before and wanted to avoi…
Well, there is that Starbucks inside a Wells Fargo at 19th Ave. Talk about a disaster inside a financial disaster.
Hah! Charbucks will probably burn the beans on a drink that Wells Fargo ordered for you without your knowledge.
Most of my holdings across accounts are individual stocks, mainly bought and managed for the long term, though I do trade some of them a bit more in one of my accounts. Overall I'd say a 60-40 split between dividend-paying stocks and various equity…
IMO M* stopped being relevant to me years ago. Their move into managing money shifted how their 'analysts' covered stocks and as a result their insights and newsletters (which were ususally good) really began to lose value to me since they became l…
At the moment, the only psrt of the crypto economy I prefer to own are miners. I own a spec position in one and may add to it sometime before year-end.
I wonder if that was due to a geographical overlap between existing TD and Schwab branches?
Here in DC they were around the corner from each other, so the TD branch closed, but 'my guy' (er, my TD POC) said he'll be working out of the Schwab office …
I'm looking in the usual place for the TRP estimated distributions. No show so far. This week they usually publish. I also noted that by the end of November they usually have a closer estimate to the real numbers.
I used to be in BRUFX and never fo…
FWIW saying I created a new Schwab account in Aug 2020 and moved those significant assets over soonafter because I have been through brokerage migrations before and they always are problematic ... I didn't want to go through it again. Not to menti…
Changing to 24 hour trading will break a ton of how the markets currently operate I think. The after-hours provides a pause for everything from system upgrades to EOD pricing to letting traders eat, sleep, and have a life outside of work. And espec…
When Washington enters the irrational bats--t crazy phase as it is right now, it's good to be prudent. Trim or sell if you want to lock in gains or preserve capital, do something, do nothing ... do whatever lets you sleep well at night.
Everyone s…
IMO they also need to spin off Wells Fargo Advisors. I have a great team supporting my account there, but every time I see their logo on my monthly statement I cringe. :/
Anyone buying Chinese-based debt is likely rolling the dice and hoping for the best (given the nature of PRC markets and governments) imho. I wouldn't touch it with a bargepole.
I think the next few weeks will be very interesting -- much of the drama will be coming out of DC and i suspect the markets will 'look' for a reason to pull back ... debt ceiling, BIF, reconciliation, gridlock, pandemic, Fed taper timeline, etc, et…
Some of those top holdings are just the companies I love to hate. Crap. But I can't pull out now.
“… for those … who might be wondering, if you put a dollar into the S&P, 41 cents goes toward Apple, Microsoft, Google, Amazon, and Facebook, w…
I used to invested with Mr. Hasenstab but the fund has been lagging the global bond category consistently for a long time. Many oversea bonds pay very little in dividends. Some are in negative yield as a result of QE !
If memory serves, I felt h…
Same here - I had TGBAX and GIM off and on over the years but not held any of them in quite a long time. Just goes to show that even darling fund managers aren't forever regardless of who likes them .... which is a reality of life totally lost on t…
But FIDO hopes you've at least thought about an exit strategy. I consider this thoughtful of them.
One may imagine the message you would have received from a RobinHood account.
"Don't you want to buy some more?" "You call yourself an investor?" …
Not to cast aspersions, and remember I also hold a large PRWCX position, but it's also worth remembering such OEF reports are, annoyingly, usually at least 2 months old by the time they come out.
I've had one taxfree OEF reinvesting on itself since the 1980s when I was a teenager. I've got several AF's that I've held nonstop since mid-2006. I've got some stocks that I've held since 1996 ... and one stock position that's inherited that was …
Rforno, what is the effective date of the revised fees structure you mentioned? Every place on the TDA site I looked it still shows the old pricing. I also checked Standard Retail Pricing: Commissions and Fees document revised 08/21 - TDA 4075 F …
