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@hank, may be edit the Subject to fix the ticker. Thanks.
BTW, bid-ask displayed over the weekends (or, when the markets are not open) are stub/fake quotes, not real at all.
Yes. I took a screen shot when I did a test buy today. It shows: Bid $14.…
There’s an extensive interview with Summers in Barron’s this week. He reiterates and expands upon the same points of view voiced on the show. I also record the show.
What I enjoyed most on the most recent program was the brief 1971 clip of a youth…
“When you buy, please post here about the bid-ask spread.”
OK. (More of an if than a when.) But happy to share whatever I can. I believe anybody with Fido can submit a “tentative” order and view the “ask” / bid” prices without actually putting it t…
Sorry my Kindle subscription won’t link to board. It’s a bit of a struggle just to excerpt short passages and post those. One way to dig up the article online is to cut & past the excerpt and than search for it. With some patience and using “D…
PRELX isn’t hedged (against currency risk) as PREMX is.. So the strength of the Dollar should have whacked it even harder. PREMX was always the mild mannered sister to PRELX.
Here’s an additional excerpt from the same article -
It now trades cheaply at 10.5 X projected 2022 earnings, and yields 4.5%. T. Rowe Price also has one of the industry's best balance sheets, with $3.5 billion, or $16 a share, of net cash and fun…
“Mary Ellen has 43 years of investment experience managing a broad range of fixed income portfolios. She is responsible for the formulation of fixed income strategy as well as the development and implementation of all fixed income asset management s…
How do you manage through a cycle of rising interest rates and higher inflation? There aren’t too many money managers who have that experience … The bond bull market began in 1981.
That’s about 41 years ago.
Let’s assume the manager had a minimum…
A rep from Metlife shined some light on the .75 bp rate hike (he thinks overdone) and the housing issue on Bloomberg this morning. On the latter he noted that by making houses less affordable, the higher rates are pushing more and more people into t…
Just to correct / update my earlier post. The IOS app I referenced costs only $30 per year (at Apple’s App store) - not $50 as I earlier stated. It’s called “Active Portfolio.” No ads. No hassle. Somewhat deficient in being up to date with 100% …
@BenWP - Not dumb for paying for it. I think the price a bit steep unless one uses all their other features. I don’t. But nothing wrong for paying for good service. My guess is that with Apple and some others helping users block tracking cookies, t…
The broader market on Thursday, the day after 75 bps rate hike is all red. And now it is in bearish territory with DJIA dripped below 30,000.
Yes - I noticed the slide to below 30,000. What a contrast to less than a year ago when some were buying …
I pay about $50 yearly for an app from Apple’s store. Positives and negatives. Usually one of the prices on a fund is inaccurate or missing.
M* has been fine over several years.
I’m looking now at Yahoo‘s free tracker. Provided recovery email. …
Personal Capital is a good (free) choice, which I use for periodic snapshots of my portfolios.
These guys require a phone number. Wondering if they’ll sell it to advertisers or use it to pester you?
I may be “whistling in the graveyard.” But, when I see PRWCX (no matter who the manager) off 15+% YTD, it gives me hope the broader equity indexes are near half-way down to their maximum losses. Check ‘07-09. I think the fund’s around 50% of the w…
Not too bad considering its Fidelity and Vanguard peers are down a good bit more:
TRAIX (I class of PRWCX) (14.95%)
FBALX (19.09%)
FPURX (17.36%)
VWENX (17.55%)
and outperforming S&P 500 substantially
DODBX is down 10.56% YTD (lags farth…
'Extreme Panic': 3 Reasons Why Bitcoin Is Plunging - Story
This is one thing I’ve never messed with. Not that being in the stock market has been much fun lately.
Sad for those harmed and worrisome for the economy and other markets I’d suspec…
There seems a leak or many guesses in the media about 75-bps hike. Also, this Friday is HUGE options expiry day - triple/quadruple witching.
Double your pleasure … Double your fun …
Maybe he actually makes more sense when he's inebriated?
Could be. He’s certainly no Ben Franklin - “Eat not to dullness; drink not to elevation”.
“Franklin began his list of virtues with temperance because it was the virtue that would develop th…
@rforno - Sounds logical. I’m thinking a half point rate hike. But language designed to ease the market stresses. Potentially a rebound Wednesday - if only short lived.
It feels more like “investing” now. Things got too damn easy for a few years. :…
The VIX gets tossed around a lot by media pundits. One noted recently that there won’t be a correction “while the VIX is stuck in the mid 20s”. I suspect that it is widely misunderstood. ISTM it is tied to the prices being paid to purchase protectiv…
Yes. Sorry. Did not mean to implicate the entire market. The NASDAQ is what got hammered. It was the hottest sector. And the internet related stocks inside the NASDAQ is where people had been speculating wildly in the late 90s.
Guess I was thinki…
Ha!
Joe, Janet and Jerome all agree it’s “way too high”. So, perhaps it is. Some of this, however, is political posturing. And Powell may be in sympathy with bankers who don’t like inflation because loans get repaid in cheaper dollars. Who knows?
…
Fools wade in …
ISTM that sometimes rights guaranteed by the Constitution conflict with each other. “We the people“ and our legislators and courts need to sort that all out - establish priorities. Before the 2nd Amendment, in both actual placement…
Has any country ever targeted a set level of inflation and adhered rigidly to it? I’d be interested in examples. Sounds like a dubious proposition. Many external factors enter into the level of inflation - not the least of which are the prices of im…
@yogibearbull - Thanks. People here won’t believe me. But I believe we’ll be reading similar stories about the price of crude oil in 1 or 2 year’s time.
Great cartoon. Anybody who shopped for home furnishings and/or wood products during the past couple years had to be struck by the scarcity of supply and exorbitant prices. Seems like everyone decided to add a new deck to their home or replace worn L…
Can’t complain. Doing better than deserve. Buffett threw me a plum when he bid for Allegheny. I sold the same day for a 25% overnight gain. It only represented about 5% of portfolio - but certainly helped.
I finally aborted a small hold in GLDB. T…
