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.
@davidrmoran- Yes, Schwab is terrible in this respect. There is no "initial client invested amount" equivalent. They only give you a "cost basis" which is continually recomputed every time a dividend is reinvested. As far as I know there's no easy …
@hank- Evidently CBS updated the link that you posted above to show a point-by-point summary of the press conference. You might want to take another look at that to compare with your notes.
OJ
Similar to the point bee makes (above), with my Schwab brokerage accounts they regard all dividend reinvestments as if those purchases were being made with "new money". When they compute the returns for a particular holding in my account, the return…
The amateurism of your "link" speaks for itself. You regard yourself as a financial "pro", and in my opinion, quite rightly so. Try to move a little beyond third-grade "cut and paste".
@Charles- Are those rates on CD's issued by Schwab Bank, or from another bank through their BondSource portal? I'm guessing the latter, since your post shows the BondSource logo. The reason I ask is that I was checking the BondSource portal a few we…
@JohnN-
John, you've been a member of both FundAlarm and MFO for well over ten years now, and in that time you have been exposed to innumerable "how to invest" posts.
You know, or should know, that such a question without a considerable amount of…
@hank- Actually, for years I rather enjoyed sparring with Maurice over stuff, and there were also times when he and I were in close agreement. For whatever reason, in the last year or so he became progressively more aggressive and combative, frequen…
That game of life is hard to play
I'm gonna lose it anyway
The losing card I'll someday lay
So this is all I have to say
Suicide is painless
It brings on many changes
And I can take or leave it if I please
@hank- I dunno... that's three years out (2021)... lots can happen between now and then.
Edit: I asked this in another post a few days ago, but that post sort of lost interest, I guess. Gonna try again:
General question: If "US consumers will be p…
"Wednesday’s moves had a different feel"
Tell me! :) :)
@Ted- thanks for the additional info. No more of the MJ, at least for now... back to stodgy American Funds.
@johnN: All that person need do is follow the rules, and I'll have no complaints at all. I've complimented Ted quite a few times as well as criticized, as evidenced by this post.
"What I could deal with and tolerate in my 20's would be a different situation today. "
@Catch22- Yes, exactly. One thing to learn and adapt to a foreign language when you're young, quite another pushing 80. Even though we have gone to Europe many …
@Kaspa- Portugal would be great if you speak some Portuguese. Unfortunately, unlike most of the rest of Central and Western Europe the average Portuguese citizen doesn't speak or understand much if any English. At least that's been our observation. …
Actually, we now have an oligarchy that was very clever in masking itself as populism. Being well and truly duped, the innocents thought that they were getting something better than either the Democratic or Republican goon squads.
"that read as though the numerical data is obtained and processed into what almost reads like a scripted format filled in with current data as needed."
Sounds a lot like Ted's link posts. Maybe Ted is AI too.
Well, judging by the above commentary, Monte Carlo would seem to fall somewhere between a Ouija board and a direct visit from the gods revealing the future. Can't hurt, and is useful as long as the limitations are understood. Not recommended for des…
It seems intuitive that for the relatively small "upper class" of wealthy taxpayers an IRA would be relatively unimportant as far as income potential, while those wage earners classified as "below the middle class" presumably need all of their incom…
General question: If my observation that "US consumers will be paying more, which is effectively the same thing as a decrease in their take-home pay" is correct, won't that eventually have the effect of reducing national consumption / purchasing / b…
