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.25 sounds like a lot. And it is with really large amounts that are left untouched out to 5 or 10 years. For lesser amounts:
$20,000 invested 1 year would earn roughly an additional … $50
$50,000 .………..1 year ……………………………………….. $125
$7…
@hank, do what you're comfortable doing. Plunking down 10K in one shot is a lot of money for some of us here. Nothing wrong with dipping a toe in for free when you can.
de nada @hank. FYI I sold GLFOX the same day I bought GLFIX, so you shouldn't have any problems.
Unlikely there will ever be any sabrage for GLIFX, but ya never know.
@BaluBalu, was a customer for many years. Given the number of years they did not spend money on upgrades they raised rates to pay for, I'ld say you made the right choice. Sometimes making money is selling "too soon."
Through 2022, we increased "defensive" allocation including utility, consumer staples and health care (all ETFs). They are a hedge against a bad case of recession. so far, healthcare held up the best and utility lags the other two ETFs. I do not co…
Just to wrap up several recent themes . . . I added a 2022 column to one of the views in my legacy portfolio manager just to keep track of who did what in that awful year. Utilities and consumer defensive were winners for me that year when bonds wer…
Sometimes I think a lot of their strategy with things like the portfolio manager is there inability to keep them running smoothly. Can't fix it on your budget? Well, turn it into something you can manage on your budget.
I don't know. If there is a bond fund that returned 7.84 over the last 15 years, and 10% over the last three years, like FSUTX has, I'ld like to know the name of it.
Taking the new thread for a spin . . .
My foray into T-Bills came due today in the IRA. Used the proceeds to top off PRWCX and open a position in FBALX. I already have VWINX and VWELX covering the longer side of duration. These positions are now r…
I heard that line late one night. or early one morning, at the Marina Safeway towards the end of the 90's. One stocker talking to another: "If they start to go down, you just sell."I have a friend who used to live a block from there. Gave me a nic…
I heard that line late one night. or early one morning, at the Marina Safeway towards the end of the 90's. One stocker talking to another: "If they start to go down, you just sell."
@WABAC: I have hung on to FIW with no regrets. Of the « theme » ETFs I own or have owned, PAVE held up the best during 2022. The ones I sold don’t get mentioned.
PAVE looks like a good one. I'm all booked up on infrastructure with GLIFX. I was able …
@WABAC: ISTM that at the time you mentioned buying TAN, you also spoke of GRID. That was a great pick, up some 38% the last year. QCLN and ICLN, also clean energy themed, have both failed to put up exciting numbers.
GRID has been great. FIW hasn't …
Sold TAN from the IRA. It was .92%. Hasn't done much in the year I owned it. And I feel the need to start taking the ornaments off the retirement tree.
Added the proceeds to PRWCX since it is NTF at Fidelity, and the position could be bigger.
I ca…
Best wishes here as well. I trust that Yogi is getting the best care possible. May it help toward recovery.
I second that. Pneumonia should always be taken seriously.
@WABAC Is it an insurmountable burden for a young man working three jobs to potentially deal with taxes on capital gains if he gets past a certain income at some point
Thus, enter the ROTH IRA, eh? At least some burden reduction.
Excellent. El pri…
At some point the perfect becomes the enemy of the good. Finding something that suits the investor described may not match up with "best" solutions. There is no guarantee that more, or professional, advice will "remedy" the situation given the druth…
@WABAC : I held this MF for a number of years in 401-K until it was sold due to moving into IRA. 10 year holding & a winner for sure !
Don't have to start taking IRA distributions for 6-7 years. So I'm hoping it can be an equity cornerstone i…
FMIMX yahoo chart shows it at one year high !
It's a little less high at the close of today's market. :)
PE is at 13.68, book 2.36, price/cash 7.98, price/sales .84. Smids (which is the current weight,, rather than the category) have been out of f…
Added FMIMX to the taxable today since smids are taking a hit.
BTW, this is the article that first got me interested: https://www.morningstar.com/funds/all-weather-stock-funds-do-exist
After further research, it seemed likely that they would stick…
@Crash. BTW. Just set up #1 child's Roth using proceeds from a 1000$ UGMA gift from my parents when she was born. Went a little flashier with an equal distribution of IHI, IXN, IYK, RWJ, SYLD, and SPGP.
Still working on what to do with her taxable…
Boston Trust/Boston Trust Walden (or however they style it) might have something more up you alley. But you would have to go to their pages to find out anything about their bond portfolios.
Add>> BTBFX, and WSBFX.
@sma3. Fun stuff.
Among other things, I have a hilarious series of letters between my grandfather and a lawyer in Fort Stockton, Texas about some railroad land grant property, and trying to collect the grazing rental fees when the price of beef wa…
Isn't Sapporo just trying to bust the union at anchor? Dang, that's some good beer...say it ain't so....
Sixtyone employees per the story I saw at Yahoo. Doesn't seem like a deal breaker.
@larryB, just a distant impression, but I think the Chomicle still puts a lot into sports coverage. The poor old Post Dispatch does the same in St, Louis. Keeps the barbarians from Gannet outside the gates for a while longer.
@BenWP. We have always bought used cars for cash since my wife's family ran out of old Chevys to dump on us. Somewhere in there was a Plymouth Acclaim from my side. The backseat area was stained a permanent shade of Pepperidge Farm Goldfish Orange b…
The other question, which is more personal and Bobpa does not have to answer is does he need an emergency fund? While I worked hard to wean my kids off my checkbook, and they happily followed thru when they had jobs, in a true financial emergency in…
Is he already maxing out his IRA? How about health spending account?
Does he currently have any emergency cushion at all? Our number 1 child just spent 623 bucks on a car repair. She had the money in the bank. If your grandson hates debt, he won't …
@Old_Joe, we used to buy the Examiner in the morning and the Chomicle in the afternoon, often at the news stand at Fillmore and Chestnut across the street from an Original Joes.
I remember a buddy from theater daze telling me all about the stock options he got working for some company no one had ever heard of.
Sez I to him: "Have you thought about diversifying a little bit?" Sez he: "Oh no. I've got big plans."
The stock…
Speaking of revolutions, I wonder how many creators will join the class-action copyright infringement lawsuit filed in the 9th Circuit.
Turns out I knew one of the plaintiffs back in my 20th century San Francisco daze.
And in other AI news, I rea…
Thanks for the link.
For me, "tech" is pretty much there with utilities, consumer defensive, and med tech.
When will AI prompt stockholders to wonder why Pachai is making so much money when AI could do his job just as well?
Or would that be an "h…
These things do change depending on where the starting line is.
The difference in daily returns from June 21, 2016 (mid-summer) is 8.58%.
The difference in daily returns from August 4, 2016 (the day Albert died) is a little over 4%.
Monthly retu…
