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.
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
Corporate note basics: There are three kinds of risk: interest rate, liquidity and default. It would be wise for prospective investors to learn all about each of them BEFORE buying a corporate note.
WABAC: "Looking forward to getting money out of short-term CD's. I tried it. Didn't like it. Will stick to money markets and floating rate T-Bills."
Stillers: "Um, yeah, that's the "given."
• Um, yeah, what's "the given?"
Stillers: Only invest mone…
I'm uncertain as to how to read WABAC's post. Stillers, if I interpret him correctly, seems to have understood it as WABAC having sold, or tried to sell, short term CDs before maturity.
I read WABAC as saying that he has tried holding short-term CD…
Um, yeah, that's the "given." Only invest money in CDs that you fully plan to hold there until maturity.
If there's any doubt about your intended holding period, MMkts and T-bills are clearly the way to go. The inventory of CD Secondary Issues …
...
You've done well the past year without the ups/downs that the folks in the market have, likely a little better than SPY without the drawdown, not too shabby.
...
Baseball Fan
Just curious: How has someone who has invested (pretty much exclusiv…
FD, the purpose/intent of this thread is VERY clear. It has NOTHING to do with bond OEF trading.
----------------
So, a serious question:
What purpose is your post about bond OEF trading on THIS thread other than feeding your incessant self-aggra…
From somebody who follows CD rates very closely and has a sizeable CD ladder:
Correction to what you stated in the OP:
2- and 3-yr CD rates have recently been inching UP, NOT DOWN.
I've replied to you a few times over the years about this topic an…
As an audit manager many moons ago, I wrote a set of review points to a young auditor who had concluded, without explanation, that a key ratio had significantly increased.
I requested the youngin' 'splain, you know, WHY it increased.
He replie…
"What shouldn't I like about this fund?"
If it's me, looking at this fund's performance since inception, and knowing that I've never been interested in owning ANY Oakmark bond fund (see YBB's comments) since starting to invest in 1980, my question …
...
Dear stillers:
1) Let me ask you an easy question. Why did you use 3 different names(stillers,Arriba, Albie) on different sites? Did you try to hide something?
2) Why don't you try to register on BB as stillers? You have no chance with the mod…
...
One aspect of the CHIP Act is to bring manufacturing capabilities and capacities back to US. TSMC is on track to build a manufacturing plant in Phoenix, Az and another one in Germany. This will take several years to complete but it will stabil…
And so it begins.
Banned from BB for 90 days, he will need an alternate forum to many times, each and every day, spew his condescending, self-aggrandizing crap. And sadly for MFO posters, this will be his likely spot for the duration of his 90-d…
So, I clicked on the "Sabbatical" link above but it states I don't have permission to access that thread.
Is that a mandatory or self-imposed 90-day "sabbatical" from BB?
And what's the scoop on it?
If it's self-imposed, I'd give it a shelf-life o…
So, I clicked on the "Sabbatical" link above but it states I don't have permission to access that thread.
Is that a mandatory or self-imposed 90-day "sabbatical" from BB?
And what's the scoop on it?
If it's self-imposed, I'd give it a shelf-life o…
"...Inflexible partisanship is what is moving me away from my prior Democratic mindset, to more of an Independent mindset..."
What a sad commentary on an otherwise reasonably intelligent member of the US electorate.
"...Hopefully, the more modera…
So I read the linked (sic) article.
Then I read the OP.
After which, my only thought was/is:
I thought Roseanne Roseannadanna passed away a long time ago.
I see that the OP has also posted the same link (sic) on another forum and has been met wit…
...MOST homeless have psych issues, and a good number are veterans, too.
30% of homeless have mental health issues per this July 2011 study
https://www.samhsa.gov/sites/default/files/programs_campaigns/homelessness_programs_resources/hrc-factshee…
