Quote:
Originally Posted by Rex Phinney
Less than 3% dividend pretty much throughout.
I agree regarding funds, My biggest equity holdings are S&P500, Dow 30, and the SCHD fund. Especially in times of uncertainty buying something that you feel good about recovering is a priority. Very few funds really give me that warm and fuzzy feeling.
I don't know how so many "fund managers" or "financial advisors" stay employed. At least 75% of the funds these guys run cannot outperfrom the S&P500 so why bother.
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i know the return doesn't sound great but when you account for the very high trading and management fees, this fund did well compared to most others. long term funds and ETF's are around to fleece you out of your money.
i have been trading on the Centerpoint platform. they are great. if you need to borrow shares to short they get them for you, you never get front run and you see all the order flows.
if i know that i am going to trade a stock, long or short, i always borrow shares before i make the trade and they charge reasonable fees for this. just to make sure i can short the equity if i need to.
