Boiler Room: The Official Stock Market Discussion

Insensitive

Superstar
Joined
May 21, 2012
Messages
12,159
Reputation
4,723
Daps
40,898
Reppin
NULL
The only thing that's turned me off a bit as someone looking into investing long term, the expense
ratio's for these ARK Etfs are HIGH in a world where you can buy some great index funds with
considerably lower expense ratios.
 

mannyrs13

Compound Kingpin
Supporter
Joined
May 8, 2012
Messages
40,092
Reputation
15,743
Daps
88,234
Reppin
Focusville, USA
Saw this posted on wall street bets and figured you guys would get a laugh and appreciate this craziness that we been thru lately.

c7d2h5mg7cu51.jpg
 

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
80,099
Reputation
14,307
Daps
190,720
Reppin
1st Round Playoff Exits
The only thing that's turned me off a bit as someone looking into investing long term, the expense
ratio's for these ARK Etfs are HIGH in a world where you can buy some great index funds with
considerably lower expense ratios.
You can mimick their top holdings.

My thing is what is .75 on a 40% return.

Sure there’s less expensive ratios for index funds but are they producing the results.
 

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
80,099
Reputation
14,307
Daps
190,720
Reppin
1st Round Playoff Exits
the market looks like it's teetering on the verge of another sell off soon. Even Tesla hasn't had much of a run up into earnings. A lot of sideline watching likely ahead

Some of these might get a bounce on good earnings but can they hold it is another story
CNBC had the ceo of interactive broker on last night dude said, a quarter of his accounts have money on the sideline. Which was 71 billion.
 

the cac mamba

Veteran
Bushed
Joined
May 21, 2012
Messages
102,484
Reputation
13,651
Daps
299,356
Reppin
NULL
CNBC had the ceo of interactive broker on last night dude said, a quarter of his accounts have money on the sideline. Which was 71 billion.
yeah im just going through my positions and trimming all the shares i paid the most for

apple for example, im keeping the shares i own in the 90s but everything i own in the 110s is :camby:

theres NO WAY we're not in for some volatility :dead:
 

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
80,099
Reputation
14,307
Daps
190,720
Reppin
1st Round Playoff Exits
yeah im just going through my positions and trimming all the shares i paid the most for

apple for example, im keeping the shares i own in the 90s but everything i own in the 110s is :camby:

theres NO WAY we're not in for some volatility :dead:
I'm not touching shyt. :manny:

There's only one company, I really want to sell and its in the red. I only have like 7-8 shares with a cost basis under $200. :manny:
 
Top