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’d been a satisfied “Prime” member for 2 decades. But, following the pandemic, they never seemed to get back to the promised 2-day shipping speeds. Week-long wait sometimes. Then I decided I liked Apple music better (it integrates better with A…
@Old_Joe - I’ll try. They’re so slick you don’t realize it’s happening. The first case was at the start of the NBA season in October last year. I went to their Prime Video and agreed to a monthly plan to stream NBA games. They were authorized to bi…
Call me lucky. I’ve gifted easily a dozen WMart gift cards to folks over the past decade (up to $200 in amounts) without issues. And have received / cashed a few as well. I belong to their online no-fee shipping plan for under $100 a year. Super …
I’m better off financially for having left TRP when I did. Looking back at what I owned there when I pulled out in early ‘21 and how those funds did in ‘21, ‘22 and ‘23, I’m substantially ahead of the curve. Just 1 individual. Maybe I just didn’…
Years ago there was a poster here named “Max”. He changed his name to “Crash” - shortly preceding the introduction of the “737 Max”.
Holy S*** / What did he know and when did he know it?
Additionally, The Guardian also reports that judge Kaplan told jurors “My advice to you is that you never disclose that you were on this jury, and I won’t say anything more about it.”
Sad commentary of where we are as a nation. The Godfather was j…
FWIW - I have made a handful of account transfers from other brokerage firms (Schwab, Scottrade) or mutual fund companies to my Fidelity brokerage account. In all cases I filled out Fidelities forms directing them to initiate the transfers. They ha…
I did have a credit card / debit card linked checking account “cleaned out” one time by unknown person(s). Fortunately the balance at the time wasn’t high. I did suspect it was carried out by an employee of a local newspaper which had monthly “aut…
Thanks @BenWP. I hope that’s the case. I’m not aware of having HondaLink. But the gear might be aboard. Hope you’re more satisfied with the dealer service than I am.
>”How can a check be cancelled after it has been credited as a deposit?”
My oversight. - I’ve deleted ”deposited” and substituted “credited” in the earlier reference.
I suppose that technically it’s not really a “deposit” until the check cl…
@hank
You noted: Seriously … I’m convinced that moving from TRP to a Fido brokerage account several years ago took 2-3 years off my life. Horrendous experience.
Horrendous regarding which organization? Thank you.
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Thanks for the ”catch” Catch. Som…
Yeah @Derf - I love the Accord Hybrid. First foreign vehicle I ever owned. Top quality. I started taking it to the Honda dealer for regular maintenance. But after a few years I realized they were padding the bill with unnecessary “needed” work. Ne…
That is for sure.
Unfortunately … learned later it’s only for one night a week (Mondays) with a rotating cast of anchors the rest of the week. But, I can’t think of a sharper minded comedian and political commentator than Stewart.
Have a drink & lean back!
Seriously … I’m convinced that moving from TRP to a Fido brokerage account several years ago took 2-3 years off my life. Horrendous experience.
Yes, I'd be angry. I have no answers, though.
Not angry. Just curious. Geez - With AI the thought of using facial rec. or voice patterns to identify one would seem easy to accomplish. Maybe “voice” based on past recorded calls to their service depa…
+1
Marks is a big contrarian. The point of the story I recounted wasn’t necessarily that Marks is a big fan of bonds. His point is simply that herd-following (both for individuals and at institutions) is a huge factor affecting market valuations. …
@sma3 - Thanks. Taleb sounds fascinating. Next on my audible listening list. Currently still listening to Howard Marks, who likes Taleb and quotes him in some of his chapters.
Marks tells a funny story about a (fictional) fund manager who, after …
@Derf - I ‘ll go with Ernie Harwell who used to say …
”It ain’t over til the fat lady sings.”
I’ll note gold appears to be rising from the dead this morning. It’s been camatose at around $2,000 for week upon week. Miners have fared worse than the…
Stillers’ point is well taken. I have a brokerage account at Fido, but don’t own any of their funds except, of course, a money market fund. (Keep very little in cash.) So I wasn’t addressing Fidelity’s own funds in earlier post. Agree it’s a gambl…
Nice comprehensive post @sma3
Yes. Inverse funds, TAIL, HSGFX, others work in down markets. Knowing when to get-in and get-out is problematic. I’ve carried small positions in SPDN (inverse S&P) and DOG (inverse Dow) in the past as hedges while …
Nothing I’d rather ride on than the A319 / 320 (whether neo or otherwise). Beautiful plane. Just right size. I think part of Boeing’s problem is they tried to compete against the 320 / 320 neo by upgrading / modifying a 40-50 year old plane - ins…
I retain an old school perspective that my parents -- who were products of the great depression and dust bowl -- taught me.
Ditto. Parents were in their “formative” years during the Depression. Stocks were a dirty word. I gifted them a money marke…
OK - I guess I misunderstood you @FD. That’s the only thing I miss about being at TRP - the ease of moving from one fund to another. You sold at and bought into the new fund at both funds’ closing price.
So, Fido makes you wait an extra day to c…
Can you imagine a ”State Dinner” at the White House held to honor the January 6th insurrectionists (after being pardoned) who attacked the Capital and sought to physically harm the Vice President and Speaker of the House?
Yes - Orwell’s 1984 is f…
I have sold 100% of OEFs at Fido a number of times. The full amount has always been available to reinvest the next morning. I have closed out ETFs and CEFs in their entirety at Fido and the funds were always available to reinvest in a matter of sec…
”Have we returned to more normal times where bond (especially LT bonds) will balance out our portfolio performance by acting as the opposite weight (barbell) to our equities?”
@bee - Thanks for this great post. I agree recent relationships (assets …
@Derf - Not a bad idea, except mortgage interest rates have rocketed up over past couple years. I actually have a small 3% refi mortgage taken out 5-6 years ago for some remodeling. Hell can freeze over before I’d pay it off. Today you’re prob…
Thanks. Sounds like the hot exhaust & compressed air exiting at the rear supply the energy to turn the larger turbine blades in the front … . ? (obviously through a shaft). Kind of wild really.
+2
Both @LarryB and @davfor make great sense to me.
Yes - a wide spectrum of investment approaches on the board. A lot depends on one’s past experiences, needs, etc. I learn a lot here.
Thanks for sharing.
”The investment account and its records are maintained separately from the household accounts and their records. The only time they come together is when the taxes get paid.”
Yes - I agree in maintaining separate records and also in managing both a…