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.
Well, Schwab (and Fido) are also docking us (the buyers) for the float when the money is taken from the account several days before the settlement/issue date. That is what @Derf was concerned about his CD purchase.
True enough. But if the money bein…
Well, if the CD issuing bank pays Schwab some amount for the service of the Schwab listing, then it's reasonable to believe that the interest amount being paid by the issuer will be very slightly less than if no service fee were involved. As a pract…
I really doubt that it's a surprise to anyone here that if a service is being offered it's highly likely that there is some type of income offset for the benefit of the offerer. "No free lunch", and all of that...
@ Tarwheel-
You're trying to reason in a rational manner with someone who has a personal worldview centered on the belief that he has all of the answers.
He really believes that if only all of the administrative officials in the United States had …
"I’ll take 8% annual inflation and 12% average portfolio returns any day over 2% inflation and negative portfolio returns."
That's the way that I see it too.
"One “plus” to inflation is that fixed payments on a 30 year mortgage become less and les…
"Many external factors enter into the level of inflation - not the least of which are the prices of imported products. Than there’s immigration levels (supply of laborers), foreign currency exchanges, technological innovation, climate (effect on cro…
"So the team in place to manage the economy -- Paulsen at the Fed, Yellen at Treasury --- failed so miserably at managing to 2%, they want to "grade on a curve" --moving the Pass/fail mark to 4%...?
The team needs to go. They are failures. They've …
Well yes, but "independent" to an extent: their authority can be modified or even revoked by Congress. The Fed is well aware that there is a significant group of right-wing Trumpist Republicans who would just love to do exactly that, and you can bet…
What kind of stupid ass makes a deal like that without including an "if things get better" clause? And we keep voting for these clowns. What does that say about we voters?
Here in Northern California several counties (Marin and Sonoma, to name two) have recently enacted moratoriums on short-term vacation rentals because the prevailing political wisdom is that short term rentals remove potential rental properties from …
We older folk well remember Bob Farrell from Louis Rukeyser's "Wall Street Week". He was of a serious demeanor, and well respected.
And yes, his ten rules are just as true today as they were then.
Good morning all. I obviously misspoke above when I said that "SCHD... So far, so good. No real track record as of yet." I meant that I personally don't have a real feel for SCHD as of yet. Of course the ETF has a decent track record. Sorry for the …
Exactly. I have argued for years (to absolutely no avail) that any equivalency between a modern automatic rapid fire gun and the guns considered by the framers of the second amendment is absolutely spurious. Unfortunately the "conservative" members …
"Citibank is offering a $700 bonus if you open a new checking account and keep $50K in the account for 60 days"
That sure beats JPMorgan Chase: They cancel your free safe deposit box if you keep $50k in your checking account for 60 days.
Well, I sure as hell wasn't. I'll have to concede that the Coast Guard did teach me how to handle an M1, though. And a whole lot of other good stuff, as well.
@BaluBalu- Yes sir, thanks for your response. You're quite right re the "make whole provision", which I've added to the above post.
Even with the premium, the return should be a bit less than 6%. It seems to me that the main exposure here is the po…
@BenWP- FWIW, I think that this certainly qualifies as a legitimate "Other Investing" topic. I suggest that you change the category, as the exposure here in "OT" is (unfortunately) minimal.
OJ
And this, from The Guardian:
The Uvalde shooting was the 27th school shooting this year, according to a tracker maintained by news organization Education Week.
The tracker reports 67 people killed or injured in school shootings, including 27 people…
There are a couple of inevitable responses to a mass shooting in America: funerals and fundraisers, prayers from politicians and the resurfacing of one particular article from satirical site The Onion.
"'No Way To Prevent This,' Says Only Nation Whe…
Re: Boeing Bonds, Cusip 097023AS4 (per JohnN, above)
According to Schwab:
6.625%
Maturity: 02/15/2038
Not callable / Make Whole provision
Yield To Maturity: Bid: 5.988% Ask: 5.811%
BBB- (not BBB+, although I don't think that's a big deal)
Marku…
