Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
The SEC hasn't changed the cash creation/redemption for Bitcoin and Ether ETPs. So, these ETPs aren't as tax-efficient as other ETPs or ETFs. They are still in their first year and I haven't been checking their sponsor's plans for yearend distributi…
@TheShadow did post this link on 11/9/24. I thought of posting it in early November, but it was already posted.
https://www.mutualfundobserver.com/discuss/discussion/comment/183194/#Comment_183194
But it's good to remind posters of these huge OEF C…
Check bank communication options - Email or text or both. In fact, many still retain old landline# for text - an impossibility.
Recently, I lost all 2FA channels for a brokerage account. Redoing was a royal headache due to tight security.
I wonder…
Due to the Rule of 4/9, any of the 5 remaining Supremes can complain why they took some case? But such complaints are unusual.
"According to these rules, four of the nine Justices must vote to accept a case. Five of the nine Justices must vote in o…
While McAfee name has lingered, late John McAfee (1945-2021; died by suicide in a Spanish prison) wasn't involved after 1994 - almost 30 years ago. Its owners since have been Network Associates, Intel/INTC, for a short while MCFE was listed on Nasda…
There is a McAfee Popup Scam going around.
A McAfee popup informs that the PC (or phone) is infected and you cannot easily close it or get rid of it.
I got the PC going somehow, ran Windows Defender in Quick Scan, Off-line Scan and Full Scan modes…
The last Walgreen (Charles III) involved in the senior management of the Chicago-area fallen icon Walgreens/WBA was in 2010. The apostrophe in Walgreen's has come & gone.
The Executive Chairman Stefano Pessina (Italy) owns 10% of WBA. He was p…
Both M* Legacy Portfolio and M* Portfolio support Watchlists (basically, dummy portfolios with 1 share each).
M* Legacy Portfolio may be slow in updating prices. It seems that @catch22 pulls his data on Saturday, so that may be OK.
Of course, that…
Yep, drinks too.
Many politicians ahead of major speeches, actors ahead of demanding scenes, and traders on volatile days may take a drink or two (who is counting?).
Humphrey Bogart famously said that the world is 3 drinks behind.
Pandemic lockdo…
A little bit of meditation goes a long way. There is a large variety of techniques - use what works best personally. Basically, meditation forces the brain to organize, prioritize, streamline.
Think of traffic at red light and the chaos that would …
5.1, 6.1. Open DAF or contribute to it.
It has been a good year with great gains in some speculative highflyers. Think of donating in-kind to your DAF (new or existing). Be sure to bunch things so that you can itemize (Schedule A). Be aware of incom…
MFOP is great and I use it a lot. But note that MFOP data are updated on a cycle - most weekly, some biweekly or monthly. For long-term fund evaluations, this may not matter.
Name comes from Dog-e-coin, a joke crypto that Musk also promoted. So, doggy is more appropriate. It's a double entendre.
https://finance.yahoo.com/quote/DOGE-USD/
@BaluBalu, rolling 4-wk returns would end on Fridays, or if rolling 20-days, the ending would be any day of the week. But typical monthend is 28/29 or 30 or 31. So, there would be slight differences in 4-wk and monthly returns near the monthends. At…
@Sven, that flip has been since Page 1, but people understood so far.
A famous former Mayor in Chicago used to say, listen to what he meant, not what he said. (-:)
MFOP update to include price-based stats (PB-TICKER) is great, @Charles. Here are some data for 2 funds that are cousins - OEF PIMIX, CEF PDI.
Name, SD, MAXDD/Date, Sharpe Ratio, MFO Risk
PIMIX, 5.2%, -10.8…
Paul Atkins is a corporate securities/M&A lawyer who has been a SEC staffer (1990-94) and SEC commissioner (2002-08). Recently, he has been assisting the SEC in tracking down corporate fraud.
He seems supportive of cryptos, but we have to wait…
When I go to Off-Topic, I only open threads with subject that Interest me. Then, I go to Settings (gear/wheel) and click Mark Category Viewed.
If you click Mark All Viewed, the entire MFO site is marked as viewed - that isn't a good idea (unless in…
Motley Fool 100 is rebalanced quarterly. About 100 companies are selected from Motley Fool recommended lists and are market-weighted within this 100-universe.
It isn't active, may be semi-active/passive. Looks more like factor-based with "Motley …
etf.db shows TMFC as passive/indexed with ER of 50 bps. Is that for Motley Fool name? There is big iShares SP100 OEF at 20 bps.
FBCG is active LC-growth with ER of 59 bps. FBCG had difficult 2022, but it leads for YTD, 1y, 2y.
https://stockcharts.…
There is only BlackRock nontraded BDEBT. Blackstone has nontraded BCREDIT. Next may be an interval-fund (before an etf).
https://www.blackrock.com/us/financial-professionals/literature/fact-sheet/bdc-fact-sheet.pdf
For those interested, there is a controversy that X/Twitter throttles/de-prioritize/degrade posts with external links, maybe Facebook does that too, but Bluesky doesn't do that.
@MikeM, Facebook is good for communications among family and friend, s…
T Rowe Price (TROW) clears through Pershing (part of BK). I think all firms that clear via Pershing may be similarly affected.
Remember that Friday, last business day of November, was also a partial day for stocks and bonds.
Fido and Schwab (SCHW)…
@Charles, no other criteria, just 1 or 2 tickers for Multisearch.
But some runs were odd in that there were 1001 tickers in the results, not just columns. I used Reset a few times but could not consistently repeat the problem. I had to Reset becaus…
@Charles, interesting that I could run "PDI, PB-PDI" to see the contrast. But I could see only the Summary Info. When I clicked to expand columns, it went into an indefinite loop - it may be that some columns get undefined for "PB-xxx" it took a lon…
@Old_Joe, I just did a test post in Technical Questions and it showed up (for me) in MFO Discussions. May be the MFO software has changed from the old times.
I scrolled through BlackRock's 110-page multi-fund prospectus that has BLADX and here are my observations - I may have missed some others:
1. Equity 0-30%, fixed-income 70-100%, so allocation may vary. Morningstar's category is based on the current…
MFO Discussions include posts from 4 areas: Fund Discussions, Other Investing, Technical Questions, MFO Premium.
Off-topic posts are NOT shown in MFO Discussions.
When starting a new post, above 5 areas are offered for post selection.
I saw @BaluBa…
A reminder that TODAY is the last day to execute the old TLH strategy of doubling-up and selling the older lot by the yearend. The stock market also closes EARLY at 1:00 PM ET.
Don't overlook bond managers who are active in corporate restructuring. Firms such as Pimco, Franklin Templeton, Oaktree, etc often get involved in restructuring. Much of Fido FAGIX 20.86% equity is from restructuring.
Fund firms are interested in ETFs because persistent outflows from OEFs have been going into ETFs. This is a snapshot for US equity funds.
https://www.icifactbook.org/pdf/2024-factbook-ch3.pdf
Ultra-ST bond funds should be slightly above m-mkt funds. VMFXX is great but not everyone has access to it.
https://stockcharts.com/sc3/ui/?s=VMFXX&id=p30227210977&compare=ICSH,USFR,VUSB&perf=false
Vanguard ultra-ST VUSB has…
As the US exchanges haven't decided on this yet, the likely 24/5 trading is by using foreign exchanges or private trading involving willing market-makers, hedge-funds, and firms' inventories.
@Crash, I also hate these image challenges. But I could pass Bluesky's image challenge on 2nd try - after I put my glasses on. One problem with these is that images aren't very clear or focused to begin with, but that may be intentional.
Bluesky's …
