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Carew, just came across your $10K threshold. "You were right." Had to google it, could not locate directly on Fido's website.
https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/mutual-funds/2020-08-31-Excessive-Trading-Policy-Web-…
JD I thought short-term fees were eliminated for transactions under 10k. Do you have a link showing all short-term fees for fidelity funds have been eliminated? Thanks !
Here ya go: https://www.fidelity.com/mutual-funds/all-mutual-funds/fees
"Sh…
I'm investing in etfs solely to avoid early redemption fees. If, for example, Fidelity would eliminate early redemption fees on their funds, I would buy their funds and reduce my etf purchases.
Hi Carew,
Fidelity eliminated short-term (under 60…
You could tell by its recent pricing behavior that TMSRX was short or neutral on equities this past month. But that's part of the allure of "diversifiers" - they can cut against the grain, at times.
Can mgmt at TRP time these market moves corre…
On the bright side.... maybe they won't moan and groan too much when their taxes go up a bunch.
Part of being rich is acting indignant when your taxes are increased, however small the %. And then having access to the political offices (and lobbyist…
FD1000 can write 10 words and I can make a fortune.
Sounds like you 2 should get your own (chat) room.
Sounds like you can't face reality. If you are interested in making money while achieving great risk-adjusted performance pay attention.
Nobod…
FWIW.....from the 12/31/2020 Finls (unaudited) Edgar filing:
Note 10. Other Affiliate Matters
The Investment Adviser has historically been affiliated through common control with Highland Capital Management, L.P. (“HCMLP”), an SEC-registered invest…
Way to kill my new fav fund, Fred! Wish there was more clarity on the status of that 2019 bankruptcy filing.
Regardless, there are clearly some underlying fiduciary issues when investing with Nexpoint/Highland. Cannot trust this mgmt group (l…
The stock market can't just go up forever. Per the Motley Fool's "A Stock Market Crash May Be Imminent" article (bold added by me).....
"Dating back 150 years, there have only been five instances where the S&P 500's Shiller price-to-earnings (…
Many fortune-tellers are predicting a possible pullback sometime later this year after some more gains. But the market never does what the analysts (or anybody else) think it will.
My darts say S&P at 3800.
Annoying that so many of my recent Fund purchases at FIDO have had Transaction Fees (i.e. ARBIX, HMEZX, FPFIX). I would usually refuse to pay $50 a pop - feels like a corporate donation.
I will DCA when market cooperates.
Oh man, how long have some of us been waiting now? Seems like forever. The Fed will not let these markets fall. Not even a bit.
Interesting to note that there is a 2nd, newer version of this fund - ticker JHDAX - from JP Morgan that has different Option contract rollover dates than the original fund.
It is currently available at Fido with $1K min (NTF, Load-waived).
I worked for a small "boutique" investment bank in NYC about 15 years ago, and the analysts there would often work wicked hours. Sometimes, when working on a deal, they would sleep at their desk (or under it) for a few hours overnight. Weekends …
Going with the "George Costanza method", bonds look GREAT right now, especially longer maturities. But equities would look even BETTER through this lens.
"YOU CAN"T LOSE".
>> Ken Heebner at CGM was briefly a god in the 1990s
huh?
CGMFX was a hot fund back in the 2000s. I might have been off by a few years (or a decade) when I posted "1990s".
Fund managers can typically only beat the indices over the short-term, as the law of averages catches up. Sometimes a PM gets hot....and then later on, not so hot....
Ken Heebner at CGM was briefly a god in the 1990s.
Bill Gross was the bond kin…
Dow ends at a record high while Nasdaq remains in correction — That hasn’t happened in over 20 years.....
The Dow has not notched a record high while the Nasdaq Composite has been in correction territory since around the time of the dot-com boom an…
JonG, this mutual fund is considered a multi-sector Bond fund that seeks to outperform the U.S. aggregate Bond index, but with lower volatility. It focuses mainly on MBS (mortgage backed securities).
Not sure it would be fair to compare this fun…
Just a blip,
Buy the dip,
More Tech for the hip,
But now what to do next on this wild market trip?
Do we level off and look for consolidation?
Was this little market scare just an aberration?
The Bull snorts and hollers,
As the sheep await more s…
I jinxed it with this thread.
But it can't be expected to go up on both UP market days and DOWN market days. It's clearly holding a nice slug of short positions/hedges right now. Very defensive for the moment, so it lost out today.
The choice between Bonds that yield next to nothing VS. Cash that also yields next to nothing is nauseating.
The only reason I can remember HY interest rate CDs is because I was born over 5 decades ago. The Fed and it's magic toolbox have paint…
TMSRX is only 1% for now, but will likely grow to 5% - 8% as I get more comfortable with it and add more along the way. So far, so good.
That IQDAX story disturbs me, but hoping that's more of a "one-off" situation.
Does it make sense to EXCLUDE share repurchases by companies - aren't buybacks a very real part of what keeps large-cap stocks buoyed (and increases EPS, technically)?
Pullbacks are healthy for the market. And we hadn't had many down days lately.
Some sectors could go down a LOT MORE from here and still be considered overvalued.
Hedge funds make numerous "donations" to govt, on both sides of the aisle. Lots of lobbying power. Maybe that's why trading is restricted for retail investors.
.........Well I had been thinking that we were overdue for about a weeks worth of such daily pullbacks. Probably not in the cards, though. Too much stimulus and bullish sentiment (though that used to be a bearish indicator).
