^ simply put? no.
If you are not buying in lots of about $3K. And by lots I mean you guys should just buy safe indexes, you may as well take the money and light it on fire.
All the wealthy posters on here have alluded to some extent they want control/to know who is running the company
If you pick individual stocks and have a day job you can't afford to lose, yes you are a fool and I can't bother to read your posts as stated in here
Finally, the fees and charges only apply to guys who can't bother to read a simple proxy which says "expense ratio = x%"
Anyway this is a very "blunt" post. But what I have written in here is true. I don't really mind coming off as a dick because I will write the truth and 1/10 will get it and the rest can just trade their way to a lower bank account. Same three points I made apply to everything from institutional investors to retail investors.
Paying $5 in transaction fees on a $500 purchase of index funds... Well you need to save more before you even invest.
If you know the CEO (personally) or have at least met the people driving your car I will say nothing. I can tell from the posts alone that people are just waiting to be skinned like cats though. I don't bother trying to teach a horse how to drink and rarely jump on (see the stock market threads for proof, there is some baffling analysis in there but I hold my tongue), in this case because I saw WIAs name attached. For the other guys... I can't save em.
If you are not buying in lots of about $3K. And by lots I mean you guys should just buy safe indexes, you may as well take the money and light it on fire.
All the wealthy posters on here have alluded to some extent they want control/to know who is running the company
If you pick individual stocks and have a day job you can't afford to lose, yes you are a fool and I can't bother to read your posts as stated in here
Finally, the fees and charges only apply to guys who can't bother to read a simple proxy which says "expense ratio = x%"
Anyway this is a very "blunt" post. But what I have written in here is true. I don't really mind coming off as a dick because I will write the truth and 1/10 will get it and the rest can just trade their way to a lower bank account. Same three points I made apply to everything from institutional investors to retail investors.
Paying $5 in transaction fees on a $500 purchase of index funds... Well you need to save more before you even invest.
If you know the CEO (personally) or have at least met the people driving your car I will say nothing. I can tell from the posts alone that people are just waiting to be skinned like cats though. I don't bother trying to teach a horse how to drink and rarely jump on (see the stock market threads for proof, there is some baffling analysis in there but I hold my tongue), in this case because I saw WIAs name attached. For the other guys... I can't save em.