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.
I kinda of liked the old way better, having learned how to use a card printer while spending summers at a filling station working my way through college (60s). You had to apply a little bit of elbow-grease to the process. There was a “knack” to i…
@hank
Fido has an issue where you get a pop-up when you sell a fund saying “If you think you may be entitled to a fee wavier
I don't consider this as 'bad; but that the company trying to be helpful, no?.
Umm. Yes. I guess. Their online trading plat…
Rarely use chat. Too easy to bump the ipad’s screen and have everything disappear. Plus - typing fast I make a lot of embarrassing mistakes. True, you can take screen shots and have a record. Fido has an issue where you get a pop-up when you sell …
Thanks for the suggestion @bee / Nice looking etf. I’m just looking out a month or two at a potential need. Adding things to my watch list that look enticing. Yes - I’m aware Yogi pointed out that BKIPX was for retirement plans. I was just jesting …
Thank you @yogibearbull.
BAIPX wouldn’t come up for me at Fido.
BIIPX did come up, but with a $2 Mil minimum. So I shouldn’t need it any time soon.
BKIPX which I asked about now shows a $5 Mil minimum. (Didn’t notice that earlier) Yet in a sepa…
Does anyone know if nvda provides financing to their customers? What are the terms of that financing? Do they do business with special purpose vehicles? Does anyone know when exactly they book a sale vs actual deliveries? Especially with SPVs under…
I visited Costco last week.
The "greeter" at the entrance held a sign which stated gold bars were in stock.
I was aware Costco started selling gold a while ago but haven't seen it promoted like this previously.
I'm not sure if gold bars were physic…
OMG NVIDA TANKED to 120$/share! I called it the other day, I'm an investing *genius*! /sarc
(couldn't resist, folks...) :)
It’s nice that small mom & pop investors will now be able to afford it. :)
WCPGW?
…"Costco selling as much as $200 million in gold bars monthly"
I wonder if they have their "same-day" delivery service using their minimum wage delivery drivers for those?. And would you have to tip the delivery person in gold?
I think I read som…
My high school graduation gift in ‘64 was a Zenith 7-Transistor radio. State of the art. Fit in a shirt pocket. My family coughed up around $40 to buy it for me. That was the going price in 1964.
Yeah. Them vacuum tubes were nasty. Hot. Easy to br…
Since GLD inception 11-18-2004 recent history:
CAGR SPY 10.07% VBINX 60/40 7.38% and GLD 8.52%.
Interesting. Since inception GLD has done a little better on average than VBINX. However, VBINX’s inception date is about 12 years earlier (1992).
…
What happens when everyone who thinks they need NVDA chips has bought enough?
There's always leveraged trades on GameStop....lol
Don’t overlook DraftKings either … :)
@Sven - Naw - No apology necessary. I can’t speak for others on how they use technology. Just wanted to make clear I’m not anti-technology - except for not wanting to carry a “live” telephone in my pocket everywhere I go.
It’s been just fantastic w…
I perceive a rather high intellect on the board and a community that is generally well informed on the subject of investing. For an older (+50) experienced investor I’m wondering what, if anything, a dedicated advisor might add. If it’s “nuts &…
I do find it refreshing to know that Martha’s “cleaned up” her act since serving time in 2004. Felt bad for her at the time. Others seem to get away with worse and go free. As I remember, the prosecutors thought jailing a celebrity like this would…
From @Sven - ”I must be an outlier on this board. I fully embrace new technology that makes our lives easier.”
I think you’re misreading this just a little. The board is internet based. I don’t know of any other way to participate except through s…
From this week’s Barron’s:
”the top three stocks in the S&P 500—Microsoft, Nvidia, and Apple—have accounted for 20% of the index for six days in the past two weeks. May 28 was the first time on record that the S&P 500’s top three stocks we…
A bit of hyperbole on my part. I don’t like cell phones. My ringer is switched off. And my iphone 12 mini has such short battery life it’s a real problem when navigating while on foot. Suppose that’s not an issue if you’re driving and can keep it …
”I recall when Steve Jobs returned to Apple as interim CEO in late 1997.
Apple's stock price was very low at the time and Jobs brought a lot of energy to the struggling company.”
Recently spent a pleasant day wandering Central Park - but it might w…
I’m a subscriber and dug up the online article.
Lewis apparently interviewed Michael Lowenberg who heads MCDTX. Lewis’s is a worthy endeavor. He’s looking at funds that zig when most of the markets zag - in short … diversifiers.
While I summari…
Thanks @MikeW - I missed Lewis’s article but will locate and read it. M* did note in brief that CEFs is one of MCTOX’s several investment options. And it is true that CEFS can oftentimes carry high fees which get passed on to the investor one way …
@Carefree It would be interesting to hear how you happened on this one and what you like about it. Suspect there’s a story there or maybe a personal situation that lends itself to this fund.
MCTOX
1.92% ER
About 40/40 equity / fixed income
10-…
Twice I’ve asked absolute strangers met while traveling for investment tips. More of a conversation piece than serious talk. The first was while relaxing at a beach in the Florida Keys sometime in the early 2,000s. The fella recommended gold. Had…
Thanks @Mark
My sense has been that there’s still some “reasonable” value out there if you get away from the big hitters like the ones you cited. A “sense” isn’t the same as a “fact” and I could be wrong. Nor would I want to direct anyone to speci…
Thanks to @yogibearbull and @msf. That 15% “cash position” I referenced earlier was somewhat in error and I’d gone back and edited it out - but too late. Had overlooked the fact that I count a significant slug of PRIHX as “cash” for allocation pu…
d I remember when my Fido retirement accounts used SPAXX. Than that changed a year ago to “money market.” I didn’t realize there was a difference. Duh. Please advise what step I need to take in order to change my settings so that SPAXX serves as t…
@MikeM - I’m somewhat surprised he’s not more worried about “front-running.”
Not like Buffett - who hides his positions from the public as long as he possibly can.
Regarding Fidelity cash management - it will shortly be adding SPAXX (current SEC yield is 4.97%) as a core account option to its CMA account. Currently you're limited to a bank sweep paying 2.69% APR (2.72% APY).
Duh. I didn’t realize that. I j…
Thanks for the insights re Fido. . The first & only brokerage account for me.
A bit hard to spot, but with your account positions displayed, there is a link at the top called “more”. Clicking that pulls up their portfolio analyzer. Decent, IST…
The thread wasn’t intended to promote, disparage, evaluate or debate Bidenomics vs. Trumpism. It was intended only to share the Harris Poll public perception results and elicit civil discourse. All four of the following are relevant to the invest…
Increased cash from around 12% to 12.65% today. Sold a few shares of NSRGY and FOF. (Anticipating some significant cash withdrawals before year’s end.)
Nice @Junkster
Guess I’m the only one that listened to the Gundlach interview. He likes BB provided they are well researched. Steer clear of CCC he says.
A bit more. He sees recession followed by heavy stimulus from the Fed (and probably politicia…
