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.
The OP article states:
The majority of Americans are better off financially now than they were before the pandemic. ... Not every American, but the majority. That’s true across demographic and income groups. It’s in the aggregate and individual-lev…
I should note that it was only ONE bank that loaded large, new inventories of New Issue CP CDs on Monday on Fido's platform, but it was a whopping 40K-60K of CP CDs in most of the respective maturities. No other (same or better rates) new offerings…
Some large slugs of CP New Issues were posted on Fido (and I assume all brokerage platforms) this AM as is the usual case on Mondays and Tuesdays. (Other days as well, but M&T are usually the larger load days.)
One of the caveats of placing N…
PRNHX is a MCG fund (and not a very good one!) and it is NOT Closed.
https://www.morningstar.com/funds/xnas/prnhx/portfolio
Click on "Weight" in "Style Box"
https://fundresearch.fidelity.com/mutual-funds/summary/779562107
All comments below are about CP, brokerage CDs, 2-5 year durations.
VG: Bought a New Issue CD last week that met my hurdle. No worthy Secondary Issue opportunities at the time of my BUY.
Fido: Bought a New Issue CD Monday that met my hurdle. Th…
No need to over-think this one. As long ago as April 2023 there were articles being written about the huge MM inflows. The last line of this article pretty much says it all:
"Money goes where money grows."
https://www.marketplace.org/2023/04/05…
@David_Snowball
You know, we read and hear comments similar to yours almost every day. But I had not yet read or heard words strung together anywhere near as well as you just did. Thank you!
If I may add..
My family was as close as you can com…
"Go-anywhere moderately-aggressive-allocation (70-90% equity) EKBAX"
is a worthy OEF in its category.
But...with an over 52% Tech allocation and a relatively paltry 14% YTD TR, we'll instead use FSELX (63% YTD), FBGRX (50%) and/or FSPTX (46%) fo…
Gotcha. But as I always say: be prepared for tomorrow's snap-back. And if Adam Parker was being interviewed at the end of the day, he could see what the Russell was doing, too. .... I hope and expect BRUFX jumped upward today. It's full of midcaps. …
Triavarte's Adam Parker was interviewed on CNBC Closing Bell Friday. The video is available via CNBC Pro (fee) which I do not subscribe to.
https://www.cnbc.com/video/2023/11/10/pro-watch-cnbcas-full-interview-with-trivariates-adam-parker-and-requ…
Triavarte's Adam Parker was interviewed on CNBC Closing Bell Friday. The video is available via CNBC Pro (fee) which I do not subscribe to.
https://www.cnbc.com/video/2023/11/10/pro-watch-cnbcas-full-interview-with-trivariates-adam-parker-and-requ…
Getting back to my prior posts here about playing in the Seconday Issues sandbox in case anyone is interested...
FWIW, I will rolling over some CDs starting in the next two weeks as some rungs mature. There are still a coupla New Issues left in th…
@FD1000, way to go digging those. @Baseball_Fan: Great term "confidently wrong"! I love it!
Mr. G isn't the only "expert" that has been wrong but still keep predicting. I collected over the years many of these for other experts.
Why would anyone p…
I’ve been expecting CD rates to drop at some point. However, what surprised me yesterday was that it was just the 2-year CDs that were suddenly hard to find. I had no trouble buying 1, 3, 4 and 5-year issues.
Good for you!
But, so as to NOT under…
At a general, unsophisticated Rule, I ALWAYS plow $ into stocks near/at the end of three consecutive S&P DOWN months that cumulatively register a total drop near/in correction territory. That was the case a couple of days ago when I did my stan…
Curious development with regard to new issue CDs available at Fidelity today. I’m setting up another 5-year CD ladder in our taxable account so we’ll have cash available to pay property taxes near the end of each year. Yesterday, there were a bunch …
Holding period would have some bearing on how good of a deal it was.
Sure. That CD was 3-yr term.
But think of it this way. We're talking guaranteed, FDIC'd, fixed income. An investor has made a decision to lock up $50K for 3 years. The only r…
@Hank - point taken; and ooh, yes, let’s add an F) All of the above. Of course if it’s a test, we’re grading on a curve, yes? ;-)
@Old_Joe - it always feels good when you’re understood. Appreciate you!
@rforno - I like buying on down days, but…
@sti…
@stillers- Nice job.
Thanks.
I made a bunch of Edits in there, so in case anyone is following along you might want to re-read it. Will try to get back to this later today or tomorrow.
At a general, unsophisticated Rule, I ALWAYS plow $ into stocks near/at the end of three consecutive S&P DOWN months that cumulatively register a total drop near/in correction territory. That was the case a couple of days ago when I did my stan…
@stillers : Thanks for the info. Would you mind commenting more on what would be a good buy on the secondary market & how to figure out what one's profit would be. Thanks for your time, Derf
Sure, but keep in mind, there have been very few good …
@Jan: "I saw a 5.8% yield on a 10 year CD through my Fidelity brokerage account.
The bank can call the rate and I haven’t checked the penalty for early withdrawal but I imagine it would be harsh..."
Unlike CDs issued directly by banks to customers…
FD (bold added):
"...I do base my investment on what is doing well currently using my own proprietary system that is easy to execute and takes just minutes per week. I used to open threads annually and keep posting what and how I do it. The trolls k…
So one poster here made references to "Mean Libtard Snowflakes" and "lefty loons."
Hmm. Why does that remind me of Agent Orange calling a NY judge "incompetent"?
@Tarwheel
I asked similar questions on various threads on this site for a few months with varying results.
What I learned: Lots of investors just ain't interested in boring, guaranteed, insured rates of 5+% for the next 3 months to 5 years.
…
The same poster stated:
"$100K is not meaningful to change someone's life."
..........AND..........
"Why not open a new thread and ask what a windfall of $100K would mean..."
Say what?
These are two inherently conflicting statements which beg…
"You can't stop him. You can only hope to contain him!"
Um, maybe best to start a rebuttal of his wild-eyed statement with some, you know, facts:
https://www.cnbc.com/select/average-net-worth-by-age/
Excerpt:
Household net worth by age
Age of h…
The morning after the 2016 election I posted on M* that "Yesterday will go down as one of the darkest days in American history."
I was widely booed and abused and for the duration of M* being a viable forum, and was many times accused of having so…
@FD1000 I have been reading that you are a proponent of 3-line break. What is it telling you today regarding ORNAX and NHMAX? Please don't come back in three weeks and tell us what it told you on 7-14-23.
mmm...so you want to learn but over the yea…
Well, at least it gives you something to do, eh?
"Two self-important brats..."?!?!
As the Blonde Bomber would say, "Now that's funny!" (Wink!)
Meanwhile, the investment world waits for FD to provide a straight answer to a serious question., whic…
FBALX, hands down. It can be a little more volatile than some AA funds at times but always bounces back. I’ve owned it for about 25 years and it’s my largest holding. I have never considered selling it because it’s consistently excellent. It also ha…
https://fundresearch.fidelity.com/fund-screener/results/compare/morningstar-rankings/averageAnnualReturnsYear3/desc/1?order=&tickers=PRWCX,FBALX,CBLAX,VGWLX,FMSDX
The LT, consistently HIGHEST M* rankings of PRWCX, FBALX and FMSDX in their r…
You two really deserve each other.
The animosity between Stillers and FD is very longstanding, but the original post on this thread, directed to FD specifically, was not worded in a very inviting or constructive tone. I am a bit surprised FD repli…
You two really deserve each other.
Mona asked a serious, honest question, pretty much knowing she would NOT get a serious, honest answer.
FD deflected, just as he has done since I first read a post of his about 15 years ago.
I duly noted that.…
crash I've been with Fidelity 30 years with few complaints-hope you can get more comfortable with their website!
Ditto, except 43 years. I'm thinking operator error/unfamiliarity or the rare occasion when Fido has a techno glitch.
In the Allocation fund world, there are PRWCX and FBALX, and then there's everybody else.
The only other Allocation funds I would own are
Group 1: CBLAX, VGWAX, FMSDX, SGENX
Group 2: FPURX, TIBIX
