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samsamsamiam

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samsamsamiam

Re: bar1080 post# 210127

Monday, 03/13/2023 3:49:44 PM

Monday, March 13, 2023 3:49:44 PM

Post# of 225928
That was in a managed fixed income portfolio set up by Schwab. And they were leveraged and using arbitrage to get that. Also had some PIMCO funds in it. A bunch of FNMA stuff as well. I hated looking at that account with dozens of bonds that didn’t mature until I was long dead! Lol. Just didn’t sit right with me.
So I bailed about 2 years ago. Have no idea how they would have actively managed all this. They made you think they were just investing for you but basically it all came from pooled accounts that they divided up. HATED IT!
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