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.
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MikeM
I know you are not a fan of his, Mona (understatement :) )
Another Bills fan!!! Junkster just sent me a note saying the same. GO BILLS! They will be right down the road from me when training camp starts next week at St. John Fisher College. But tickets sold out in hours, so I won't be going. Are you from the area, Western NY?
Thanks @hank. I found this quite interesting and positive with the content. I Have a lot invested in Capital Group. I put quite a bit in CGBL, the balanced fund and have a good holding in CGDV, dividend value. Also have a stake in CGGR, their domes…
He's the worse thing that's happened to this country in my lifetime.
Surprisingly and terrifyingly, it says so much about this country we live in. I can only imagine what Germany looked like in the late 20's, early 30's.
All I thought I did in the post you quoted was attempt to respond to the OP about our market participation level and briefly specify how. That ain't bragging in my books but YMMV.
@stillers, you may not realize it, but you do pretty much brag in eve…
The 4% rule assumes your investment portfolio contains about 60% stocks and 40% bonds. It also assumes you'll keep your spending level throughout retirement.
I like FLRN a lot. A nice steady trend. If you extrapolate out the 1 and 3 month results, it is returning in the range of 6.8% and 7.2% respectively, very close to it's 1 year return of 6.9%. I also hold RPHYX in this space.
Going out a bit farther…
Use google to find services on a map closest to where you live.
I think that's @hank's point, @WABAC. A search for services in your area seems contrived. Almost like the first to pop up have paid their way to the top. Finding the local mom amd pop s…
Portfolio-Check-Up on Schwab says I have about 5% international over all. If we are just looking at percent of equities, that would make me about 8-10%. My only dedicated international fund is FMIJX with smaller positions in a global fund, GQRPX an…
There is a transaction fees for secondaries.
@BaluBalu, to my knowledge, I've never paid a fee for a transaction for secondary agency bonds, treasuries or corporate bonds on that page. Last time this was brought up here, I went through all my buy hi…
@BaluBalu, I typically go to Research - Bonds, CDs and Fixed Income and it defaults to the 'overview' page. That's where I look. I don't look for new issues. Not sure why that would matter if the yield you get is stated. But also, I may not know wha…
Bought a callable10 year Federal Agency bond in my Schwab IRA, yield 5.97%. Yield-to-call is 6.175%. First call is 2/24/25, which I assume will happen.
I've been playing the same callable game as @BaluBalu on these bonds, and they do readily get ca…
To be honest, I don't hear any of that stuff because I tune it out. Of course I see news feeds, but I don't generally click to read a story. I don't watch the news. As we learned from the 2016 elections, polls and opinions are meaningless right up …
@BaluBalu, it's not a bond fund so it shouldn't be compared to other bond funds. It doesn't fit an equity fund portfolio so it shouldn't be compared to other equity funds, small cap or otherwise. The only other descriptor it can have is a flexible "…
:) @FD1000, you seem to have an incredulous dislike for this manager and his fund.
I think others in this thread have said they see this fund as a sleep-easy investment in small caps. If that is important to the investor, what's wrong with that? W…
@Old_Joe, I checked history, and I do not see any misc or extra fees, adjustments or any other type of charges on any of my buys. I checked trade details on buy transactions and no extra charges found.
@BaluBalu, I checked my account profile and i…
I don't know what to tell you @BaluBalu.
I just trialed a purchase now to make sure I'm not crazy. I have $19 in one of my sweep accounts, in this case a Roth IRA but I've done it numerous times in my traditional. I placed a limit order to buy an …
@BaluBalu. I only have IRA accounts at Schwab, so yes.
BTW, in 10 days, stocks and ETPs settle T+1.
Yes, I remember that conversation. I'm assuming that means if I buy something, I have to put in a MM to sweep transfer by the next day... or the sam…
@Crash, you have to play the Schwab game. As long as you have that limit order open the system will make you keep cash in the sweep to cover it. BUT you can place a new limit order for a stock with no money in the sweep, crazy as it sounds.
What I…
Understood @Low_Tech. To each their own, but again, I have no problem playing Schwab's game. My mind set is those who keep a higher dollar amount in the sweep are playing THEIR game. And if "the game" eeks out an extra $500 or so for me, the game be…
I keep roughly 1% of assets in cash from two accounts at Schwab. Even if they paid me 5% it wouldn't change my life any.
Won't change my life either but 1% in say, a million dollar account(s), would be about $500 bucks more in my pocket each year. I…
Saw this related article this morning.
MarketWatch
Charles Schwab website ‘is a mess’: Hundreds of TD Ameritrade users complain about their new online home.
https://finance.yahoo.com/news/charles-schwab-website-mess-hundreds-193600024.html
Hank, sounds similar to the Capital One card I got a couple years ago. Cap-1 also gave me $200 if you charged 'x' amount in 'y' amount of time. That limit wasn't hard to reach, so a free $200. I try to use this card as my primary means of paying. I …
I agree with you, @yugo, that commodities may be a good sector to take a bet on. A commodities index basket like DBC is a good way do it, but man, the sector can be volatile. I'm taking a more conservative approach to commodities using COM, Direxion…
@Old_Joe said: The bastard has absolutely no shame- he actually brags on what he's going to do to this country.
He fits EVERY definition of a narcissus. Very scary that 1/2 the population can't recognize these traits.
1- The truth is whatever I …
MRFOX seems a nice fund, but it certainly could be classified as a 'group think fund (someone here coined that phrase, I think. Junkster maybe?). Hence the rapid inflows. In the large cap space, is it any better than CGDV, QLTY or some of the other …
It probably is all in the head, @hank. Selling doesn't fit into my equation because I plan to have the fund as a buy and hold. It's just the fact I can put in a buy limit order for a lower price and if it gets there, great. I bought at a bargain. Th…
Thanks @hank. Amazingly, the statistics for these 2 funds are so close over the past 4 years (shown below from portfolio visualizer). You wouldn't know one invested in stocks and the other in ETFs. I hold LCR now, just because it's easier to buy ETF…
If I read this correctly, this sucks for me. I've always played the sweep to MM game Schwab makes you play. I put in orders with little to nothing in the sweep. The order takes and the next day I transfer from MM to sweep which equals the 2 days. Th…
This is what I read @Old_Joe. It was an order I've had waiting since Feb, actually. I've owned the stock before, but got out prematurely as it kept rising, mistake, and have been waiting to get back in. My guess is their company earnings are hedging…
I had an order kick in for Builders Firstsource, BLDR, today after dropping ~18%. The stock had quite a drop. It's down ~24% from its recent high...fwiw.
@Old_Joe, agree. That was Hank's question, not mine. Personal finances didn't come up with my policy initiation either.
Also agree with what yogi said. I was told by our insurance agent the umbrella pays after either the auto or home owners liabil…
