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Buying my first small CD via Fido. AMEX 3 yr CD at 4.4%, non-callable.
Never owned a CD before. Would hope to really dive in at higher rates (over 5%) in these next few months.
Sometimes, extreme Bearish sentiment is a contra-indicator. And sometimes its really not. That's why I had stopped looking at these sentiment surveys.
Perhaps this indicator works better during Bull markets? I wonder if there are stats on th…
Stocks are still somewhat expensive based on historical PE ratio. Plus, the outlook for future earnings (due to recession) is now in question.
https://multpl.com/s-p-500-pe-ratio
Current S&P 500 PE Ratio: 19.03 -0.12 (-0.60%) 1:38 PM EDT,…
Gundlach may just be "talking his book", but I intend to start buying (high-quality) Bond funds closer to year-end - after the majority of rate increases are likely completed.
Anybody have even a guess on how much the Fed MBS purchase plan termination will impact mortgage rates in the near-term?
Could there be a mini-spike from here?
The current 30 year fixed rate seems to be around 6.2%.
From near 0% at the start of this year...all the way up to 4% only eight months later on the 1 year T-Bill.
Just too bad that its the highest yield on the curve.
Bloomberg shows the fund's Total assets at $8.5M as of 8-16-2022. How can you have Cashmere without the Cash?
We really cannot be familiar with ALL the Asset Mgrs out there, and I'm not sure about these guys. I suppose a VC fund is probably just l…
https://www.suneast.org/save/savings-accounts-and-certificates/
4% 16 months. $10k minimum.
That 4% is a teaser rate that only lasts for the first 4 months of the term. Thereafter, the rate drops to the higher of either 2% or their normal 12 mont…
Some notes from the RPHIX/RPHYX 06-30-2022-Shareholder letter (I've added the bold):
As of June 30, 2022, the portfolio was comprised of securities with an average maturity of 4.43 months. At quarter-end, the invested portfolio had a weighted avera…
Fido has similar CD rates for the 1 year at 3%, but the 10-year new issue CDs aren't that much higher at 3.80%. Would be nice to see longer-term CD rates well above 4%, then I would nibble....or maybe gobble.
How often do they re-appraise - maybe annually? Interesting that they supposedly calculate a DAILY NAV.
Only $2.5K/1K minimum to invest. Fund size has grown to over $6B. Since inception at end of 2012, looks like only 3 (slightly) negative qua…
Per the AAII report Yogi had posted, sentiment is very Bearish. These "dead cat bounces" are normal in a bear market.
If you think 60% Bearishness is a contra-indicator, then maybe you believe this market has some strong upside from here. But …
Also plan to add more short duration Treasuries (through Treasury Direct) during next week's auction of 13-week and 26-week bills. The announcements come out tomorrow.
@AndyJ Probably going to get closer to 2% to 2.4% annualized on those short-te…
Fido is showing their current CD ladders as follows:
1 yr = 2.14%
2 yr = 2.75%
5 yr = 3.14%
When you click on these "CD ladders" at Fido, you may end up with some questionable CD issuers.
Their FZDXX money market fund is giving .86% (7 …
Moved my chips into FZDXX money market at Fido, earning about .70% and hopefully on the rise. Waiting on additional Fed rate increases before setting up a CD ladder.
Does that mean: Sell energy and buy consumer cyclical?
My comment was not directly aimed at Energy (and Commodities). My feeling is that the next leg down would need to see some of the stronger YTD performing stocks taking a larger portion of the …
Hopefully we aren't going full-on "Carter malaise" for the next few years. But can we expect an immediate rebound if only some sectors have taken a beating? The disparity is quite large.
Value has been trumped by Growth for many years, and perh…
GOOG and AMZN were calling me this morning. Had to answer the call.
Impressed with how orderly this (bear) market has been. Methodical/mechanical, as if bots were running the entire show. Hmm.
RE: High VIX I can understand how sentiment indicators marking greed or fear could prove useful. And valuations are indeed falling back into line a bit.
But I see certain fears....fear of a recession and fear over the recently removed "Fed …
Regarding BLNDX, Standpoint, it's done well YTD but...............the 5% down in one day last autumn still holds in my memory and I have reduced my position here....
Baseball Fan
I felt that pain last year, too. I like the idea of BLNDX, but that …
"Cathie Wood shocks the market after dumping $12.7 million of Tesla stock to snap up some in General Motors".
Amazing she still making headlines. What is her supposed skillset again?
Oh yeah, she can make money disappear.
Stuck to my Bear plan and let pre-set BUY limit orders fill for SPLG and ONEQ. These are to be core long term holds. Only a few shares of EDOW hit today. Spent much time this evening adding new limit traps for the next round.
Fractional shares o…
These past few years, it's been difficult to imagine what events could finally drag down an unflinching bull market in equities. Then COVID did.....but only for 6 weeks. It was barely a blip on the radar screen.
Today we mix sky high inflation &…
Mark,
FTEC holds (as of 3/31/2022) over 40% in its top 2 largest holdings - AAPL and MSFT.
ONEQ holds 22% it its top 2 holdings (also AAPL and MSFT).
But yes, FTEC has outperformed ONEQ. Choose your poison, I guess.
I've also started t…
Just a reminder that overnight futures are a poor indicator of the next day's activity. I've seen it flip back the other way too many times.
Make a plan if you don't have one, and then stick to it (even if that means holding tight). Maybe now m…
BaluBalu,
I prefer buying in small amounts. Chip chip chip chip. Down another -0.25%? Then I automatically just bought another share in each of my various accounts via Limit orders getting executed.
But buying fractional shares is difficult b…
Yes, mainly buying SPLG and ONEQ. Limit orders are sitting out there for every drop in price. Orders are starting to get filled, but lots of powder to be spent.
Eventually, I will add some sort of CD ladder. But if the markets really crash (down …
This underscores the fact that its really tough for managed Mutual funds to continually beat the indices. The historical numbers don't lie.
Even funds with the ability to short/hedge often fail to adequately protect principal and generate decen…
Realizing that we've had a tremendous Bull run in US bonds and much accommodation from the Fed, its still amazing to look at a Bond index fund like VBMFX that has had 30 yrs up and only 5 years down. Going back to 1987, its worst year was -2.7%. …
How much QT is factored into current bond yields?
QT (Quantative Tightening) -reducing the Fed's Balance Sheet- is a major market overhang issue for the rest of 2022. Tough to estimate the impact thus far to bond pricing.
Added sliver of GOOG and initiated tiny MSFT position today. More out of boredom than anything else.
Placed CIBFX on my potential Funds to BUY list.
Waiting for the next dip, assuming it shows. That "Patience young grasshopper" phrase keeps …
@JD_co, Does Etrade offer GQHPX / GQHIX? Also, does Etrade charge transaction fee of $20 for each sales of TF funds or are the sales free like at Fidelity, Schwab, etc.? For NTF funds, how much short term redemption fee does Etrade charge and wh…
