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cdrmsquare

cdrmsquare
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  • Is The Dow Doing A Blow-Off Top? [View article]
    Please explain all your acronyms. If you wish to be read and understood, it helps not to write cryptically.
    Mar 7 04:15 PM | Likes Like |Link to Comment
  • The Cost Of Convenience: Mutual Funds Vs. Individual Stocks [View article]
    First you complain that "most mutual funds are simply offering an opportunity to buy into a group of stale positions... With the purchase of a mutual fund the investor gains exposure to some positions the fund manager is attempting to exit, and many more positions that are no longer optimal. Why would you pay to own a portfolio where many of the stocks are no longer optimal?"

    Then you say that "More active funds can have a turnover rate of over 500% and trading costs of nearly 1% of assets.", and complain about the overhead fees involved with owning a mutual fund.

    Wouldn't it make sense that the high turnover funds are at least trying to make sure that their portfolios are remaining "optimal" and not getting "stale"? Hence they will run up higher costs. Perhaps one should suspect funds with lower fees as being "stale".

    And guess what? If you want to build your own portfolio of individual stocks and try to keep that portfolio from getting stale, you will also be doing more trading, which runs up commissions and fees. As you said, there's no free lunch here. I also echo the other blogger who cites the cost in time to manage one's own portfolio of individual stocks. It is not always a matter of laziness, as you imply. You say that building one's own portfolio can be so simple. Yeah, if you've studied the market for years and know what you're doing. The learning curve can be a huge drain on one's available time.
    Jul 11 02:33 PM | Likes Like |Link to Comment
  • Independence Energy Corp. (OTC: IDNG) Bust Or Boom [View instapost]
    This was my first experience with a penny stock - attracted by the Bollinger report. I read some other literature from what I thought were reputable sources which seemed to corroborate the Bollinger Report; so I thought I'd play this one. Being the first penny stock for me, I only dipped my toe into this one - buying a mere 500 shares. Things looked great for about 3 weeks, and I was starting to take a look at some other penny stocks. With what happened, I now realize there is a lot more going on behind the scenes, up to and including the publication, from multiple sources, of a lot of BS for potential investors. One never knows who's telling the truth and who isn't. Will probably be my last venture with this stuff.
    Jun 26 12:30 AM | 1 Like Like |Link to Comment
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