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@yogibearbull and @Sven: thanks for those directions. As soon as the TD site informed me my trade did not occur, it froze my bank information to the extent that I can't do anything, either re-enter the info, delete it, or add another bank. When I r…
I set up my account on TD, linking to my Schwab Bank account, and put in an order for an I-Bond. Two days later I was informed by TD that the transaction failed. Now I cannot do anything with my account because I can't add a different bank or delete…
@Old_Joe: check out Alfred Agnostelli on Wikipedia. FWIIW, I have said that the only drawback to my two-seater is that I can pick up only one consenting adult at a time. However, I have never said that to my wife.
@Crash: Voltaire’s Candide and its famous conclusion are quite profound investigations into what we humans can do in the face of a world which is a mean place. Voltaire attacks a philosophy then known as optimism which posited that this is the best…
The Covid suspension of RMDs also permitted returning any withdrawal already taken, penalty free. I was on a monthly w/d plan at the time and decided to suspend payments after March or April. It seemed a hassle to return the money I’d received. Now …
@Derf makes a good point. We retirees have no choice about the RMD percentage mandated by the IRS for our chronological age. We can’t reduce it, but we can withdraw more than required. Any SWR needs to account for this factor.
Whatever he did with his stake, I think he still has enough to live comfortably after retirement by withdrawing only 2.26% each year. Such incredible sums blur my vision and affect my thinking.
Our LCG funds are AKREX and BIAWX. The latter is down more than 31% this year, a real disappointment. Both funds show low turnover, so I think the managers don't try to trade around the bad markets. At some point shareholders will bail, probably at …
This was a surprise to me. Baron Funds made spillback distributions on 9/27. I thought I needed to worry only about tax year 2022, but 2021 is still taking a bite out of me. Here’s Baron’s explanation:
“Spillback distributions are distributions of …
That’s a good point, @LewisBraham. I might better have said that Putin and his cronies are those in Russia who stand to benefit from discord in democratic countries.
Whoever is responsible for the damage may be trying to create confusion or chaos, as opposed to trying to exact an economic advantage. I believe Russia gained more by injecting uncertainty, doubt, and the possibility of fraud into the minds of gull…
Following up on @TheShadow: I have kept a small position in BCSIX and added a smidgeon to it fairly recently. I was a faithful investor in 3 of Brown Capital's funds and I thought they were making a laudable effort to bring in some new talent to hel…
@Observant: you caused a memory flashback for me. At the time of "Black Wednesday" I was teaching French for International Trade and had to explain "le serpent dans le tunnel" monetary system. It was designed by a committee of European technocrats, …
@Observant1: thanks very much for compiling the stats on relative performance of international markets. I don't know how many times over the last 10 or so years I heard that EM or international would make a recovery, only to see crummy returns.
I certainly don't know where the bottom is, but international equities look cheap, especially given the outsized gains of the US dollar. I nibbled at FNDF, even though I doubt international equities will be big winners. Mean reversion is my hope.
I chat with our regular UPS driver who told me during the worst of Covid how many new hires the company had authorized. I think it was between 100 and 200K. I asked him if their union had a two-tier wage system similar to the UAW, but he assured me …
Longtime Giants fan here. Remember Frank Gifford taking a hit to the head from Dick Bednarik (sp?) of the Eagles in 1960. Gifford never was able to play well again.
The “Parent” tab in the link for WGROX that yogi provided shows current year assets for Wasatch at $12.49B with net outflows of $0.70B for 2022. You can get a sense of what each fund’s outflow is just from the M* bar charts. I don’t know for sure, b…
About 9% now. For context, the taxable account is at 42% cash, the Roths around 19%. That makes the MMFs the biggest positions if I were to count them as “active.”
BLNDX/REMIX, @BaluBalu, allocate approximately 40% to global equities, mainly via long ETFs, and some 60% to futures (long or short) contracts on currencies, commodities, and fixed income. The Standpoint web site and their monthly updates provide go…
A while back I wondered how DoubleLine got the CAPE trading symbol away from Barclays. My guess now is that it was no great loss because Barclays had no future in mind for the ETN, and agreed to use the CAPD symbol for a short time. If I were a fund…
It’s tempting to resume travel to Europe, but doing so on the basis of a weak Euro would be to overlook many drawbacks: understaffed airports and erratic flight schedules, the historically high temperatures, COVID, and the war. I have benefited twic…
Very good point, @LewisBraham. As for having stepped in other stuff while looking for wealth, that’s another analogy. Technical analysis makes no sense to me, either.
I’m with @MikeW in NEAGX/NEAIX. The latter has a TF at Schwab, while the former is NFT with a huge ER. I added to BCSIX recently after selling quite a bit a few months ago. Sticking with DVSMX despite bad slide. BRSVX is a new position, bought in Ma…
No question in my mind that lithium (LAC, in my case) may be supplanted by a more environmentally friendly product. There is controversy about LAC’s desire to develop the Thacker Pass site in Nevada and risk overhangs the stock. I’d liked to see US …
@catch22: I have have PBL, TAN, ICLN, and QCLN on a watch list, but I own none. I do have positions in DQ and LAC, both of which are indirect plays on clean energy. I keep the positions small and I take the investor’s equivalent of Dramamine before …
@WABAC: I agree with you on water. I have a decent amount in FIW, and I have stuck with it despite drops since late 2021. The fund holds companies whose business extends beyond water per se, but I think they are solid industrial companies. Lots of g…
@Crash: During our two weeks in HI in April I wondered how I could function in your time zone as a resident. Not just following the markets and trading, but also watching live sports. I rarely place orders after 4PM EST or before the markets open, b…
@davidmoran: a recent SeekingAlpha article and follow-up discussion show that some are uncomfortable with the fund's market-timing strategy while others think it's the fund's secret sauce. Apparently another fund in the Victory family, CDL, resemble…
Thanks for that link, @LewisBraham. I read the managers' reports and I was struck by the overlap in their funds. The fact that the bad apples were held in more than one fund strikes me as concentration squared or trebled. Wayfair and Upstart did big…
@Mark: The maverick senator from AZ has not said she’d vote for the bill as it’s been presented to the public. The drafters sneaked in another jab at the carried interest loophole without telling her. It’s reported she receives backing from those wh…
