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.
"While it is a PIA at Schwab to not have sweep account, I think you can sell a fund, and buy another the same day although they will tell you you don't have enough settled funds"
By coincidence I just did that a few minutes ago- a simultaneous Sell…
"While it easy to move the money, Schwab requires you sell the MMF first, and it takes a couple of days to clear, so a fair amount of planning is involved. This to me is the major disadvantage to using Schwab."
I surely agree on that.
I don't look at this "bucket" concept as simply having two (or more) separate and inviolable piles of assets. The main consideration is to have a group of assets that can be converted fairly easily to cash to meet immediate expenses which may be in …
It's really pretty straightforward, at least in principle: those big fan blades in the front rotate at an optimal speed suited to their configuration, and suck in huge amounts of air. The air has no place to go other than through the chamber and out…
We're in danger of getting into a semantic swamp here with respect to the cash bucket. What exactly is a "normal" expense vs an "unexpected" expense?
To me, a "normal" expense is something that is predictable: a new roof, other major homeowner main…
@hank - Yes, here's a diagram of the principles involved-
And a short excerpt from Wickipedia re a Pratt & Whitney engine:
The Pratt & Whitney PW1000G, also called the GTF (geared turbofan), is a high-bypass geared turbofan engine family …
@sma3- Well, a main issue here is very similar to what's happening in Ukraine. Cheap and dirty attack hardware costs $4.95 (on sale from North Korea and Iran) and the sophisticated intercept weaponry from the US and Israel works pretty well, but cos…
Here's edited excerpts from a current report from the Washington Post on the Red Sea/Suez Canal shipping situation:
In just a few months, Yemen’s Houthis have taken an outsize bite out of global shipping — and have begun to threaten the economy of …
I believe that a few days ago I read a report suggesting that the route around the horn of Africa would add 3 days to the shipping run, for a fairly modest cost of approximately $5400 per shipping container on container ships. Not expected to have a…
@hank- I'm not sure on this, but I don't think that the "gearing" includes "shifting". If I recall correctly the turbofans use gearing to drive different parts of the engine at differing speeds, but the speed ratio between the various fan components…
Actually my particular perspective/method of backup didn't arise out of security concerns. It goes way back... what, maybe 30 years now? ... to my first computers- a Mac+ and then an SE30. Those things used OS 6, 7, and then later models used OS 8, …
@Ben- that's actually Shift+Command+4 for that sort of thing. I use that all the time.
@Crash- you know that we are in close agreement on the really important stuff, but sometimes you drive me crazy. :)
"Apple still hasn't found a way for me to take a screenshot that is simple enough for me."
How simple do you need ??? -
Shift+Command+3... you simultaneously hold down those three keys, which then automatically takes a screenshot of the entire sc…
@BenWP- Well, I'm pretty sure that almost any computer dislikes power surges, so the Mac is no exception. But I'm surprised at the difficulty restarting from the external drive- generally, holding down the "option" key during restart will give you a…
@Derf- OK, sorry I missed that above re the WSJ. But here's something to keep in mind- individual banks will offer, locally through their branches, CDs of various types ("jumbo", "special", etc) that may have rates that differ significantly from rat…
"The other day I noted 1 & 2 month Jumbo CD rates were in the 2% range"
@Derf - but where did you note this ???
On the website of some bank or at a brokerage??
As any of you who have put up with my years-long MFO commentary are well aware, it's sometimes difficult to know if I'm being facetious, sarcastic, ironic or absolutely serious.
Let me be real clear on this: until Trump and COVID I just sort of ass…
U'mmmm ... could an unregulated capitalist system possibly be involved in that? Or... dare I even think it... massive "campaign contributions" to our wonderful politicians?
"I had an external electrical box with a male plug mounted on the side of the house. And some switches inside which allow me to connect the generator into the house that way. The switching inside assures you can’t accidentally run hot current into t…
"Low quality bonds can make an income fund feel very safe and secure for long periods. When the s*** strikes the fan they can fall out of bed overnight."
We haven't heard much from JohnN in quite a while.
Well, in fairness it's not all that unusual to have one-off component failures on any aircraft. Stuff just happens. Same with vehicles. It's the system failures, management failures, communications failures, design failures, and shoddy assembly prac…
@BaluBalu - To expand a bit on Yogi's answer above, Schwab shows the price to buy that Boeing bond as 121.14. Since you would be paying 21% more than the face value (100) for that bond, your return rate of 5.346% would be much less than the original…
"I have a hard time paying a computer even 0.3% for advice. You are also stuck with their version of Asset Allocation"
Kind of like paying the mice to watch the cheese for you.
