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BaluBalu
Professional Experience:
Corporate Finance (Corporate Venture Fund investments, International and Treasury finance, Public Debt issuances, M&A, Joint Ventures, Planning, Business Divestures, SEC filings);
Policy and Legislative & Regulatory Affairs - Washington DC;
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Field Biology.
Thanks @ Mark. I guess then valuations or not, one needs to look at fund mandate? I have heard this recommendation from money managers to invest in Growth-at-a-reasonable-price” stocks too many times and always wondered if there are any vehicles w…
“Growth-at-a-reasonable-price” stocks? Is there a vehicle (OEF/ETF) with a mandate to invest in these stocks? Do all div growth funds fall into this category?
@Theshadow,
Do we want to keep adding ETF YE distributions in this thread? If you prefer a separate thread, I can start a new thread and copy YBB's post there but such a new thread needs to be pinned to the top. Some fund companies only or primar…
"Our forecast is to have a negative return on US stocks over the next seven years. I strongly believe that will be accurate."
GMO's largest equity fund, GQETX, and probably has more than 50% of all their equity AUM.
https://www.gmo.com/globalasset…
I think you guys understood when I said “I have followed Grantham's various public pronouncements about equity returns for the past 10 years,” I only meant I noted his pronouncements (and prepared a watch list to validate his pronouncements.) Lucki…
FWIW,
I and everybody I personally know invest based on our view of the future - I.e., personal predictions - and within the limitations life imposes on us. Agree that prediction in this context is not the same as certainty of outcome.
I have f…
Notice, Grantham for all his long term predictions does not invest his funds in line with his predictions. You can check his funds' portfolio composition and performance to see whether they reflect his predictions. If he does not pay attention to …
All the Fed Governors / Vices & Chair and regional Fed Presidents are also heavily into equities. So is the executive branch of the Govt and Congress, which of course is widely known because of their insider trading skills. Thinking outside t…
Agree. If you do not trust either financial institution with the password of the other, why give them ur money. This made linking two banks very easy and with Zelle, some transfers between two banks is instantaneous. The difficulty with Vanguard …
I have transferred T Rowe funds to it from other brokerages and was not asked to provide signature guarantee but it was a manual process - they filled out the forms and mailed me by fedex and included a return label. So, that took three extra days …
I added to GISYX last week at Fidelity. The fund has been soft closed at brokerages for a while. GPEOX (not mentioned here) is hard closed at brokerages. Both were announced at the same time if my memory is still good.
Here is some trivial info…
The Clarida investment misstep was already reported in the media and discussed at MFO along with those of Rosengren and Kaplan. Clarida's move was too early and resulted in opportunity cost biggly for his family. I think he should be chastised fo…
I think Nancy picked ARKK when asked to share an investing idea that reflects her prognosis. She obviously was reacting to the question. I am inferring her answer to mean the category “US mid cap growth funds” and let listeners figure out which fu…
Just an update -
Two weeks after I asked Vanguard through their message center to cancel my partial asset transfers because I am not inclined to participate in their manual process (print, sign, and mail), they wrote back saying I can sign and uplo…
On a positive note, my transfer from Vanguard request submitted at Fidelity last Thursday is completed before market open today. Unusually fast, in less than two business days. Vanguard is very good about not causing delays if you want to move ass…
Thanks, @msf. I tried (copy-paste) the link from your post in both firefox and Microsoft edge. In firefox, it led me to the previous process of Yodlee or print and snail mail. In Edge, it took me through a process similar to what you had posted, …
@msf, please see my post which was 2 hours before your last post and I mentioned in there twice that the third party is Yodlee.
In any case, as you suggested, I followed "From My Accounts (drop down) to Buy & Sell" but I do not see a "Transfer …
The alternate process essentially pre-fills an electronic application that I am then required to print and snail mail to Vanguard.
"Your transfer requires paperwork
You'll need to complete paperwork to transfer only some of the investments (rathe…
No worries @hank. No, I do not want to give credentials to a third party (Yodlee). I mocked up a dummy transfer from Fidelity to which I am currently transferring different assets from Vanguard. Vanguard is asking me to share Fidelity username an…
My TDA accounts are grandfathered for a commission rate of just $15 to purchase non-NTF mutual funds such as Dodge and Cox or Vanguard. I'm waiting to see if Schwab honors that rate. (I suspect that I would lose that benefit if I transferred my TDA …
Is the underlying (unstated) idea to keep only hyper growth (futuristic?) tech in Technology sector and carve out everything else to other sectors so as to maintain a relevant size for the other sectors?
A few years ago, I tried to transfer a fund from Fidelity IRA to Vanguard IRA and Vanguard required that I obtain a medallion signature on the Vanguard paper work. I was not going to jump through the hoops and did not transfer - the Vanguard custom…
Your experiences are scary and thanks for sharing. It is so strange for Vanguard to operate like the opposite of a business. I get that they are a non-profit organization; nevertheless their stated mission is: To take a stand for all investors, to…
According to M*, they have $85B AUM in this strategy by the one manager - combining all the funds like RPMGX, PMEGX, etc. I think that is a lot for a mid cap fund to be effective, assuming mid cap is what investors are looking for. For the past th…
