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.
Sorry - I can’t make a prediction like that. Thought you might find this article of interest.
From the WSJ: May 26, 2021
“Ford Motor Co. shares rose to their highest level in nearly five years after the auto maker outlined a tech-centric strateg…
"Mutual Fund Observer is a site that provides periodic commentary on all things mutual funds in the form of a newsletter to which investors can subscribe to."
"to which investors can subscribe to" ???
If the writer was in such a hurry that they di…
I think a good portion of this argument relates to the issue of whether cash or longer duration fixed-income holdings are better to hold at this period in time. Looking at the macro picture (including historically low global rates) I’d say it’s a t…
(I don’t write the headlines for the WSJ.) The essence is captured better, I think, by the subtitle: “Many small investors are beating Wall Street pros at their own game”.
Others may want to dwell on the religious ramifications of the story. I…
”OMG, reading what you've just shared leaves me so very discouraged. Almost despairing. So THIS is the level of expectations. Jayzuz.” @msf
@Crash - That’s too long. “So THIS is the level”. (Period)
I’ve been wondering why the Fido phone reps I’…
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It's available for packages shipped via Priority Mail Express, Priority Mail, First-Class Package Service, and Parcel Select service.
Interesting. Thanks.
Amazon is buying Bonds (James that is.) Story
I like some types of bond (funds) in this wild environment. Risk assets climbing to the sky. Bonds will hold some water for you should most everything else go to hell in a hand basket. Who knows? …
EDIT: Called Fido with questions this morning.
*** It seems I’ve been incorrect about the $49.95 “short term trading fee”. From a rep - Anything purchased NTF is not subject to a short term trading fee. Only those funds bought from outsid…
Thanks @msf. I’ll figure out some kind of work-around. Whatever else, must protect cash position from the 60-day STT fee. Maintaining the cash allocation in their cash management account would work, as they exempt money markets from that fee. …
You can easily skip using the cash management account as an intermediary as follows
1. Create a sell order for (fund A).
2. Under Action select "Sell and use proceeds to buy another (Dollars)"
3. Enter the dollar amount of (fund B) you want to buy…
Not familiar with Miller. But sounds like this belongs in other investing for sure. Sorry for the loss. We all have writers or media personalities who make a special unique connection with us - providing wisdom, inspiration, relief from worry - o…
Snyder gets a lot of flack - mostly deserved. A slight ray of sunshine - he came from an accounting background and did thru various means leave the state pension system more actuarially sound than before.
My beef with Price wasn’t the state tax. I…
Reading @Catch22’s post above …
I assume the owner of the account (you or I) makes the final decision as to when to take the RMD (in compliance with the governing law). Fido may indeed calculate an amount and send reminders.
Actually, my read …
Afraid I do have questions about how Fido’s cash brokerage works. Here’s my current understanding:
- Moving money from RPGAX to PRSIX would involve first transferring from RPGAX into their cash management account and than reinvesting it into PRSI…
Afraid I do have questions about how Fido’s cash brokerage works. Here’s my current understanding:
- Direct fund-to fund-exchange are not possible.
- Moving money from RPGAX to PRSIX would involve first transferring from RPGAX into their cash ma…
+1.
@Crash - That was an enlightening article on OS you linked. Thanks. That former CEO reminds me of the TV "pillow guy." Some of these big corporate guys are real low life.
Hank. Curious........was the "in-kind" for TMSRX a phone rep. transaction or an electronic transaction via the Fidelity site? Thank you.
Electronic up to that point (but did have to sign and mail in what they prepared for me online). After enterin…
Interesting.
I did one “in-kind” today (TMSRX). The others today were of the short-term bond variety. Just liquidated them and will see what Fidelity’s funds look like. IRAs necessitated signing and mailing paperwork (which they prepared). The non…
Appreciate the notes @mef / @MikeM,
“D&C funds are transaction fee funds, but once you have positions in the funds at Fidelity (via transfer in kind), it may be possible to add more shares for a $5 fee and sell with no fees.”
- Just out of cur…
In case it makes you feel any better, a TRP-managed clone of this fund is rated 3* in a different category!
That’s interesting. Dunno about feeling better …. :)
Hope folks don’t take my OP as an endorsement of PRPFX. It’s not. Am sure there …
Thanks for the insights …
Located the same item on Wayfair for a few dollars over Overstock’s asking price and just placed the order. Not familiar with Wayfair, but the reviews sound a lot better.
For comparison:
Walmart $137
Home Depot $131…
I’ve never had a trade “disallowed” by any firm (unless it violated some 30-day block). But at TRP and anywhere else I’ve been at their website alerts you prior to trying to execute such a trade that it’s not allowable along with the reason.
Re mun…
(From the Fidelity document @msf linked): “Trades for $1,000 or less (are exempt from the trading block). (Please note that if more than one buy order or sell order for a given fund is executed on the same day in the same account, the $1,000 thresho…
“ISTR that Fidelity doesn't allow the purchase of municipal bond funds in traditional or roth iras. In fact, my purchase of FSTFX for both my ira accounts was just denied by Fidelity !”
Don’t like the sound of that last sentence (though I practic…
Have never used their personal reps, although they pester us all the time to "sign up".
Don’t want to extrapolate too much from that comment. But when I called Fidelity strictly to inquire about the mechanics of transferring assets, the fella did …
Whatever you want to call it or however you want to explain it away, the fact remains that Biden is polling around 52%. Cult? Yes. But seems to be working. 52% is nothing to hang your hat on. Throw in the tilt to agrarian states inherent in the el…
*** Glad folks have been able to expand the thread to address other needs or concerns.
Personally, TRP was always the “old reliable” safe haven I could move money to when somebody else failed to meet expectations. So, my initial question is one …
MikeM - Thanks for weighing in.
The “disconnect” is in my brain. My question assumed there were still plenty of conventional and competitive fund houses similar to Price from which to choose. From the discussion it seems the whole universe is…
Hank IMHO, most of these fund families are available ntf and no load, on at least one of the following brokerages:Fidelity, Schwab, Vanguard or E-Trade. Thanks. I didn’t know that.
FWIW - The 4 houses where I have funds provide plenty of good inve…
Thanks @dsuttr -
I won’t doubt your word. I only said that I investigated the 50 fund houses. If you or anyone else wants to provide a list of 50 more mutual fund houses you think worth investigating, I’d be glad to look at them too. Logging int…
I don’t know how to thank everybody for the great response. Am humbled by how little i knew about Fidelity, Schwab & brokerages in general. This thread will be saved and referenced repeatedly. For now, I’m staying put with Price. Hopefully, th…
With a comprehensive personal investment strategy an investor can avoid the inevitable, repetitive and difficult questions like those asked in the OP. Or, at least have the answers at the ready.
@Stillers: I agree with you that the total of 3 Disc…
@Baseball_Fan -
I’d never scoff at the tech people. I don’t understand it very well, but do try to draw some meaningful inferences from watching the charts. Occasionally this leads to some kind of tactical move. I thought you might enjoy a remark…
I’m thinking this might be an allusion to the fable Cinderella, published in earliest form in Italy in the 17th century; republished in a modern day collection by Brothers Grimm.
Synopsis: “A kind fairy goddess adorns Cinderella in elegant cloth…
Although that is possible, I think what is interesting is just how angry people in general get about almost everything now and the fact that he called him at 2 AM! No sense of boundaries.
Isn’t that when the bars close?
