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As per new information from Morningstar,
FREE/basic access to Legacy Portfolio will remain.
M* Discussions will continue as now.
Good that M* monitors this forum.
I have tried to file complaints with the SEC, and it required specific description of the situation, amount of money lost, remedy asked for (in monetary compensation or otherwise).
No experience with the CFPB.
@fred495 , it's unclear if the free access to old M* Legacy Portfolio will continue.
Right now, there are distinct links for M* Legacy Portfolio and the new M* Investor.
1) M* Legacy Portfolio https://www.morningstar.com/portfolio-manager
2) M* I…
I assume so from the link:
"...we’ll integrate Investor’s core tools, including Portfolios (which will be called Portfolio at launch), Screener, and Watchlists, into Morningstar.com...Former Premium users will be able to access legacy Portfolio Man…
Compare those chart events with Reagan years (1980-88) and Volcker years at the Fed, 08/1979* - 08/1983** - 08/1987.
In 1987, rumor went both ways - one was that Volcker didn't want a 3rd term, and another that Reagan wasn't going to nominate him …
M* Risk Score & SD indicate what is.
M* Risk Score LCORX 32, VFIAX 73, so for LCORX 43.84%
SD LCORX 9.92, VFIAX 17.84, so for LCORX 55.61%
Moderate-allocation range is 50-70%, so it's effectively near the lower end of moderate allocation or up…
Expanding the strategy beyond HY to include preferreds, equities (SPACs), private credits, foreign credits.
"The income producing fixed income securities in which the Fund invests include: bills, notes, bonds, debentures, convertible bonds, bank lo…
Those were ultra-SY bond funds around GFC and the category then had lots of ST-HY. Schwab, Fido and others had them. This Category was killed by the GFC.
A new category reemerged a few years later as ultra-ST with inv-grade bonds only. So, the ult…
HOSIX is only 2+ year old. So, it has none of the baggage of HOBIX and much of M* data is NA. It's also mostly structured credit and its average credit quality of BB is lower than that for HOBIX (BBB).
TestFol data with 12-mo rolling periods looks…
Just checked X/Twitter comments - awful. Not taking them at face value, there may be something to those.
Much of the M* report on HOBIX is computer-generated gobbledygook. Overall, it looks like run of the mill ST bond funds. But one M* comment in …
Wiki explains, https://en.wikipedia.org/wiki/Abrdn
"In February 2021, the company announced that it was considering selling or abandoning use of the Standard Life name.[16][17] In April 2021, the company announced that – having sold the Standard Li…
This looks like a part of the Live Barron's coverage of the CPI release this week,
https://www.barrons.com/livecoverage/cpi-inflation-july-report-data-today/card/benign-july-cpi-sets-up-another-good-report-on-fed-s-preferred-inflation-gauge-2xknEUdp…
After stock or ETF order execution but before the settlement, Schwab does offer a screen of lots showing the default sell lot selection that can be overridden. Apparently, to inform the broker before the sale means that before the settlement - or, t…
If I remember correctly, March 2008 was just the "appetizer", not the "main course" GFC that started in Fall 2008. Early in 2008, a couple of Bear Stearns hedge funds collapsed. Most investors went on with their merry-ways thinking that Bear Stearns…
I found old Fund Alarm archived pages at Wayback Machine/Internet Archives (nonprofit)
This page is from 12/29/08. Free sign up may be required. This is as close to a true time machine as one can get.
https://web.archive.org/web/20081217024432/http:…
It seems Fido has Venmo but not Zelle yet.
Schwab has Zelle.
My bank & credit union have Zelle. I have it active only at 1 place as a unique phone# is required. If I want to activate another Zelle, I would have to use email. There are daily/mont…
Linking accounts with different titles requires paperwork guaranteed with Medallion Signatures. I had to do this years ago when I linked my Schwab Brokerage to my daughter's JPM Chase bank a/c. It took about 2 weeks after I mailed the paperwork. Onc…
Bankruptcy is in some companies' business model: Grow rapidly with lots of borrowed money, stiff the lenders by filing bankruptcy, emerge from bankruptcy in some sustainable form, rinse and repeat.
I think that Argentina has perfected that model am…
@Mark, on PC mouse, there is left-click (more common) that opens the link and right-click (less common) that open a menu.
@msf, true, image link must be .jpg (lower quality), .png (higher quality), etc.
So, if an image link doesn't end that way, …
Congress staggered the terms of Fed Chait and US Presidents by 2 years.
A recent tradition is almost monthly meetings between the Fed Chair and the Treasury Secretary (representative of the Administration) to provide regular and orderly communicati…
Well, covered calls don't have downside protections unless puts are also bought. But that will cut into the income/premium from calls.
There are also funds with collars but their goal seems to be to just beat the money-market funds.
CNBC VIX seems more current than that at Yahoo Finance. Anyway, VIX of 62 means expected daily volatility in SP500 = +/- 62/19 = +/- 3.26%. Cryptos are collapsing too - they have high correlation with Nasdaq Comp.
CNBC https://www.cnbc.com/quotes/.V…
Nikkei 225 was down -12.40% overnight. It's now down -25.85% from mid-July high. Global markets are also selling off but not to that extent. VIX has spiked to 52.
Geico had a loss in 2022.
It then cut costs and jobs, raised premiums, gave up some market share to become profitable in 2023.
Results of turnaround are showing in 2024.
It margins as % of premium have improved to 17%. Changes in profit levels alone…
Balance screen may update overnight only. If you cancelled an order, and if the system allows it, you can buy with those funds. I have margin, so these transient issues don't arise - there won't be a margin impact.
Although Powell said that the FOMC is NOT looking at larger 50+ bps rate cuts, the CME FedWatch is showing precisely that. There are also rumors at X/Twitter of a pre-September FOMC rate cut.
https://www.cmegroup.com/markets/interest-rates/cme-fedwa…
There is now a standard construct for newer term-structure CEFs with the life of 12.0-13.5 years that several CEFs follow. Examples are from Nuveen, Pimco, Thornburg, etc. Variations are also possible but may take longer for SEC approval.
All Edgar/SEC filings for PSUS.
https://www.sec.gov/edgar/browse/?CIK=2002660&owner=exclude
No filing yet to withdraw the IPO. But it must be coming as that has been leaked to the press.
The last filing is dated 7/30/24 that indicated a sharpl…
Post-Conference Notes by YBB
Rates were maintained - fed funds 5.25-5.50%, bank reserves rate 5.4%, discount rate 5.5%. Treasury QT continues at the reduced level of -$25 billion/mo, but MBS QT remain at -$35 billion/mo.
Inflation target remains +…
There is news today that Project 25 Director has quit & the Heritage Foundation is putting the Report & related PR on back burner. It's just a think-tank report that no one commissioned or endorsed.
The US is a melting pot of immigrants. But the path to naturalized citizenship is long. In many families, one or more members may be noncitizens. Briefly outlined in the link from IndoUS Tribune (a local community e-paper) are situations where your …
Agree with @gman57 - edit & move to Discussions.
Minor tinkering:
In stocks, you have LCG and LCB. May be switch LCB SP500 VFIAX / VOO to LCB total stock VTSAX / VTI.
In bonds, may be switch from Total (investment-grade) Bond market VBTLX to …
I am a bit familiar with Empower as it handles 401k of a relative. But I never looked at its free personal investing dashboard. Looks like it is only an app without a PC version. I will try to find out what info is available without setting up a log…
Market-neutral (50-50 long-short) global ESG quant fund from Bridgeway. High expenses of 6.17% after 1.38% waiver until 11/1/25 are from a complex absolute-return strategy.
Roth IRAs became popular after 2010 when the income limits were dropped.
Rorh Conversions don't require earned income.
But recently, the stretch was eliminated for most beneficiaries - now most inherited IRAs must be drained in 10 years & annu…
