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@msf, good PV analyses.
For me, this started out as a broader mini-project in response to Vanguard's request to bring up several Admiral accounts for VG hybrid funds to min $50K - I posted on that. I have finally DUMPED all those hybrid funds, and …
TransUnion fined for reporting errors and misrepresentations/lying about credit locks and freezes.
https://finance.yahoo.com/news/1-us-regulators-fine-credit-141314874.html
@Sven, that is the main problem of nonselective/comprehensive indexes such as R2000/IWM and extended market/VXF. They include almost 40% SCs that are losing money.
IJR, SPSM are better SC indexes. Also active SC funds should avoid this problem but …
Enna/TIPSWatch in 5-yr TIPS auction on 10/19/23.
https://tipswatch.com/2023/10/15/this-weeks-5-year-tips-auction-offers-a-solid-investment-opportunity/
@Derf, another way to calculate TR is to use adjusted-prices between the 2 times.
So, for simplicity, assuming that from 11/1/10 (adj-price 6.93) to 10/13/23 (adj-price 9.61) is almost 13 years, the TR = (9.61/6.93)^(1/13) = 1.02547 or +2.55%. So-…
I am now in.
My approximation for the closed PRWCX is a mix of TCAF + PYLD + USFR. Don't try backtesting as there is no history. But you must, use suitable mutual fund replacements that have existed for longer.
As the sharp dip in 2020 (pandemic) and subsequent strong rebound come and go from 3-yr windows, this behavior won't be that unusual. It is dramatic for TDVFX because it didn't do much post-pandemic. M* Performance page does show 10-yr chart, and an…
OK, this is about 11/1/10. I see at Yahoo Finance,
Nov 01, 2010 9.98 9.98 9.98 9.98 6.93
But this didn't happen just on that day. It represents years of dividend/CG adjustment between 10/1/10 and now (about 13 years!). That is lot of backward-ratio…
A rare 2nd DEATH-CROSS for small-cap R2000/IWM today. 1st was in April.
There were high hopes for GOLDEN-CROSSES that turned out to be false in January and July.
The same is also seem for better index SP SC 600 (IJR, SPSM).
Bright side may be - b…
5-yr TIPS Auction is next week on 10/19/23 and est 2.46% + inflation may be good for some. Obviously, that is for 5-yr hold. That compares favorably with 5-yr nominal at 4.69%. TIPS held to maturity behave quite differently than TIPS funds.
https:/…
Looks like this happened in Feb 2023.
https://www.globenewswire.com/news-release/2023/01/05/2584151/0/en/The-New-Ireland-Fund-Inc-Announces-Results-of-Special-Meeting-of-Stockholders-Proposal-to-Liquidate-and-Dissolve-the-Fund-is-Approved.html
htt…
@Crash, check plan Drug Formulary to see which drug is preferred. I think Farxiga, Invokana and Jardiance, etc are in the same class of SGLT2 inhibitors for DM II. Ask your doctor to prescribe the one on the preferred list/tier.
In our plan (Medic…
Medicare isn't based on any inflation index. Medicare looks at its estimated expenses and then devises several IRMAA tiers annually with varying levels of subsidies. Participants pay 25% (basic, no IRMAA), 35%, 50%, 65%, 80%, 85% of the total costs.…
FBALX is classified as M* Moderate-Allocation with its nominal-equity of 62.24%. But its effective-equity is about 78.32% that should put it in Moderately-Aggressive-Allocation. Moreover, it has a growth tilt.
ADJUSTMENTS to annual Social Security payments are based on y-o-y increases in the Q3 averages of CPI-W (July, August, September readings). So, it's a snapshot that cannot account for lot of things that consumers see, or will see.
The CPI data for …
For many I-Bond holders, the decision may to hold or fold. If they bought last year, they have to wait at least 12 months, and then up to 5 years, there is 3 month interest penalty (Treasury Direct value shown is net of applicable penalty). It is be…
Considering that 2023 is turning out to be an unprecedented 3rd BAD year for general bonds (there are always some exceptions), the lesson is that cash is an important part of fixed-income (FI) allocation. Indeed, cash was trash until mid-2022 when t…
Strange that these were all UP today ^TNX, IEF; ^TYX,TLT. The underlying markets were closed, so derived prices were used. But who derived these?
https://finance.yahoo.com/quotes/^TNX,IEF,^TYX,TLT/view/v1
Edit/Add. Quotes for yields ^TNX, ^TYX are…
It's all the money that went in on net basis but then simply went to the "money heaven". Of course, some may ask to look at percentages, but the gross $s lost provide an interesting snapshot of the current times - note the types of funds that made t…
Reactions in Asian and European markets are more muted than in the US market - and even that isn't huge. I think this is based on the assumption that this may be a local issue for Israel, Gaza and Hamas (with lots of "experts" having opinions), and …
We have gotten used to crossover SUVs.
There are 2 kinds of SUVs - the original rugged ones (like Jeep Wrangler - basically, a flimsy cabin slapped on a powerful engine) and crossovers.
The rugged SUVs are based on pickup/truck chassis/platforms t…
As for Treasuries, the CME Treasury futures are all up in prices, so the rates are down. The CNBC has stale data from Friday.
Tomorrow is a federal holiday, so the bond market will be closed. Typical 3m, 6m Monday Auctions will be on Tuesday.
Red flags for BRSVX in gross data include Morningstar 5*, Bronze; high SD. Of course, the chart tells all - all the fun was in 2021.
StockCharts, 3 Yrs https://stockcharts.com/h-perf/ui?s=BRSVX&compare=IJR,SPSM&id=p45673872103
I am using USFR (floating-rate Treasury Note ETF). These FRNs pay 3m yield (reset weekly, so little duration) PLUS a spread MINUS the ETF ER (15 bps). The FRNs have been attractive since mid-2022 when the Fed started raising rates. Think of FRNs as …
On VERY strong jobs report & BIDEN's news conference later (probably on jobs), today may be the day the 30-yr crosses 5% during market hours. The link in OP is a LIVE link, so click it to refresh.
https://finance.yahoo.com/quote/^TYX?p=^TYX
Edi…
I wrote to Vanguard for temporary waiver for Admiral min of $50K. I cited bad 3-yr stretch for hybrids & that new money cannot be added to IRAs in retirement (only earnings from work can be contributed).
Vanguard's reply, after several days, w…
Games people play with defaults/bankruptcy, Twitter LINK
"When a large player like Brookfield defaults on a $300M office loan they just hand the keys to the bank...
The bank then has two options:
1. Sell the property at a significant discount (l…
@BenWP, prosecutors had asked for 40,562 years. That is about 20 years per victim, and there were 2,027+ known.
Judge showed leniency and REDUCED that to 11,196 years.
Turkish judges have become wild with sentences after the death penalty was elimin…
M* The Long View podcast with David Giroux (PRWCX, TCAF). Scroll a bit for full transcript.
https://www.morningstar.com/financial-advice/david-giroux-i-want-look-forward-not-backward
