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.
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…
Reported by Bloomberg Media today …
”The latest GameStop Corp. frenzy has coaxed a big critic of the meme-stock craze - and a notable loser back in 2021 - off the sidelines with a new short position. Andrew Left, the founder of Citron Research, pla…
I like mm funds for what little cash I hold. For a bit longer duration I use LSST - but it hasn’t done well lately with the volatile rate picture. Actually, take a look at TBUX for a mm alternative.
I have no idea where rates are headed. I’m f…
Stockers? An insect that suns itself and hums loudly atop a rotten log on the hottest days. When skies darken and a cool breeze picks up they disappear.
”Let's ask the obvious easy question: if you held just the SP500 for your stock portion (based on Bogle+Buffet) have you done well YTD + in the last 3-5-10-15 years?”
The S&P 500 lost approximately 56.8% of its value between October 2007 and Mar…
Thanks Larry.
I wasn’t thinking “flip to value”. That would be ground-shaking. Just perhaps a gentle nudge towards a more normal market. With the S&P up over 11% YTD (and tech doing even better) the following better-than-average funds haven’…
Fortunately, the area handy-man (fixer-upper) I’ve been pushing to take a very large tree down finally intends to do so next week. Requires going up with cleats and “topping” first. More than I can handle. Trying to get anything done in these part…
One thing Mr. Gundlach mentioned in my investment related video post was that a reason insurance rates have spiked is that there’s more “lawlessness” in the country leading to more accidents and other casualty claims. And it’s hard to argue with tha…
Thanks for the correction re NYC tax @msf. I corrected my earlier mention. 8.875% sounds a lot better.
I suppose one might “recoup” that amount of value by taking enough (free) rides on the Staten Island Ferry.
Traveling recently I purchased 2 double burgers and a medium fries at MacDonalds for under $12.00. Included double pickles, which I think cost extra. Also included NYC’s 9.75 8.875% tax. Seemed quite reasonable considering everything.
32% domestic equities / 14% foreign equities (almost all developed Europe)
- Equities 46%
- Fixed Income 44%
- Other (real estate / infrastructure / metals) 10%
That’s from Fido’s analytics and looks correct to me.
FWIW - In recent days I too…
Is Boston for real , (NBA) ?
Dunno Derf. I stopped watching NBA at least a month ago. Only watch BB on my 5x5’ wall mounted movie screen (using a projector TV). Game is so fast moving. But it doesn’t look good on the big screen in the summer whe…
@FD1000 - I found it a thoroughly enjoyable one hour discussion. I didn’t watch expecting to hear any predictions. There weren’t many predictions - of the investment type anyways. But while we’re on the subject I’ll note that making forward looking…
Thanks guys. @Mark - That looks like what I was looking for. Will give it a whirl tomorrow. Really hard getting anything done in this area in the summer. And lots of price gougers. Try to stay away from the big fish when possible.
Thanks. I hadn’t realized the thread first went up in March and that @BaluBalu was noting a new recent ominous development. Appreciate the recent update @BaluBalu. I probably don’t fully understand the issue. Not something I mess around with. More…
@BaluBalu - I just want to reassure everybody I wasn’t responding to Yogi’s post. I share your high opinion of him. Sorry if my post was in any way misleading.
+1 @Old_Joe
Speaking of the “network news” … When did it transition to the evening weather report? I missed the change-over.
Apparently it’s easier and less expensive to gab about wind, rain, sun and hail then to delve into the wars in the …
I watch little of the idiot box. Bloomberg provides “background noise” most of the day. If you’re lucky you might hear a 5-minute interview of somebody who knows wtf they’re talking about. Bloomberg’s (I think excessive) political reporting is pr…
" We live in two totally different worlds."
"Tell me what you watch and I'll tell you how you feel on almost any hot topic"
"The country is divided... It's on purpose because it makes people money."
Indeed. There, my friends, is the story of our …
One of the reasons I went with Roth conversions years ago. @Tarwheel makes a good point. If possible, try to keep all your funds subject to RMD at the same place. Simplifies matters. The calculations shouldn’t be hard. There’s a multitude of free w…
Nothing puzzles me more then when folks harp about the high cost of fuel / vehicles and than climb up into a high riding 4x4 with room for 10+ passengers. In varied driving conditions you’re looking at 15-20 mpg - half of what many 5-6 passenger se…
