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AcesAndEights
AcesAndEights
Joined: Jan 5, 2012
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March 18th, 2014 at 6:25:45 PM permalink
Quote: SOOPOO

The bigger ETFs have expense ratios around 0.2%. But remember... you are paying that 0.2% every year until you liquidate the position.


Yeah I just checked my spreadsheet and most of my ETFs/index funds are in the .10-.20% range for net expense ratio. A few up around 0.5%, and a single one that sits at 1.05% because it's my only option for exposure to a certain asset class in my company's 401(k) plan (blast).
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For opening this account they are not charging me transaction fees for now. So buying a lot of different stocks doesn't really cost me anything now.... if I start trading a lot later its around $10 a trade.
The cost of managing this account will essentially approach zero. The hidden costs in ETFs I'll have to bear.


That's a very nice setup. Especially for this crazy experiment wherein you are picking up many many individual stocks.

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For whatever its worth, this account used to be part of a pension that we paid a manager 0.6% fee. He put it into a variety of DFA mutual funds which of course had their own internal fees, and individual bonds, which have fees for buying and selling, as well as the 'spread' you pay when you buy or sell. Due to the nature of the account and certain requirements, it was 60% bonds and 40% mutual funds. So I am very happy to 'freely' manage my own funds now...


Definitely an upgrade.
"So drink gamble eat f***, because one day you will be dust." -ontariodealer
Woldus
Woldus
Joined: Jan 13, 2011
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March 18th, 2014 at 7:00:35 PM permalink
MJNA
"Soon" it'll be legal everywhere...
s2dbaker
s2dbaker
Joined: Jun 10, 2010
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March 19th, 2014 at 12:43:39 PM permalink
Hot stuff again, GTAT is up an additional 4%.
Someday, joor goin' to see the name of Googie Gomez in lights and joor goin' to say to joorself, "Was that her?" and then joor goin' to answer to joorself, "That was her!" But you know somethin' mister? I was always her yuss nobody knows it! - Googie Gomez
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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March 20th, 2014 at 8:32:11 AM permalink
Quote: SOOPOO

Today was the day...

1% YNDX 29.95
1% FB 68.01
1% AR 60.92
2% CELG 151.85
2% MA 77.63
2% DIS 81.35
1% CSCO 21.53
1% MO 36.39
4% VDE 123.97
1% SVA 6.43
2% ILMN 160.42
1% TD 46.50
1% BMO 65.61
1% COST 113.85
1% GTAT 17.34
1% SCTY 75.00
1% RBL 21.7
1% MM 7.22
5% BRK.B 123.54
1% WWE 30.53
3% AAPL 528.20
1% TSLA 234.93
5% IYY 94.65
2% FEU 38.59
2% AOA 44.81
10% TWCUX 34.55

These I added since the first day
1% NTEK 0.09
7% DVY 72.25
1% CBIS 0.1835
1% ERUS 17.62
10% Callable CD that is paying 3.25% and goes up after 7 years, term 15 years, but most likely will be called after 10 years. If it lasts til year 15 it pays 9% then. FDIC insured.
That's about 3/4 of the portfolio. The other 1/4 is still in cash, awaiting more ideas.....

steeldco
steeldco
Joined: Nov 30, 2011
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March 20th, 2014 at 8:54:31 AM permalink
SVA, alone, will make your portfolio a world beater in a couple of years..........
DO NOT blindly accept what has been spoken. DO NOT blindly accept what has been written. Think. Assess. Lead. DO NOT blindly follow.
treetopbuddy
treetopbuddy
Joined: Jan 12, 2013
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March 20th, 2014 at 9:09:06 AM permalink
Quote: steeldco

SVA, alone, will make your portfolio a world beater in a couple of years..........



Damn it's too bad the option chain only goes out to Oct 14 on SVA……211 days. It's a shame that LEAPS aren't offered ……you could be rich in a couple years.
Each day is better than the next
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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March 21st, 2014 at 6:24:50 AM permalink
Quote: steeldco

SVA, alone, will make your portfolio a world beater in a couple of years..........



Its up 25% since I got in, but remember, its around 1% of the portfolio. It gets balanced out by SCTY, down around 10% over the last few days.
Im going to buy GAF for around 2%, and IWM for around 10%, so I still have room for a few suggestions today....
odiousgambit
odiousgambit
Joined: Nov 9, 2009
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March 21st, 2014 at 6:54:39 AM permalink
Quote: SOOPOO

I still have room for a few suggestions today....



I'm betting on the Japanese stock market today ... some folks that were bullish are now retreating ... IMO *if* it was a good bet in the first place, and not over-exposed [I'm not] then worth buying now. I expect the Yen situation to continue to help.

I like the ETF:

NKY PRECIDIAN ETFS TR MAXIS NIKKEI 225 INDEX FD

Risky. News about company profits in the 225 turning some people into doubters, at least enough to limit exposure.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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March 21st, 2014 at 7:15:54 AM permalink
Quote: odiousgambit

I'm betting on the Japanese stock market today ... some folks that were bullish are now retreating ... IMO *if* it was a good bet in the first place, and not over-exposed [I'm not] then worth buying now. I expect the Yen situation to continue to help.

I like the ETF:

NKY PRECIDIAN ETFS TR MAXIS NIKKEI 225 INDEX FD

Risky. News about company profits in the 225 turning some people into doubters, at least enough to limit exposure.



I bought NKY and IWM today. I was trying to buy GAF, but as of now not a single share has traded and the difference between the bid and ask prices is huge.
IPPLF, which was on the initial list, is on the grey market in Canada, and would require me to really guess on a bid price, and then pay an 'extra' commission possibly as high as $100. So I opted out of buying it. I also didn't buy CMG (up around 4% from when I made that decision!), as I personally like Moe's better, as a similar restaurant.

1% NKY 16.75
10% IWM 119.78
steeldco
steeldco
Joined: Nov 30, 2011
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March 21st, 2014 at 11:54:00 AM permalink
SOOPOO, I'd like to ask you to give some thought to buying TRIB. I've had it for many years now, but I really think that the best is yet to come. Small excerpt of PR of a couple of months ago.......I believe this product will be huge.

DUBLIN, Jan. 29, 2014 (GLOBE NEWSWIRE) -- Trinity Biotech plc. (TRIB) today announced it has obtained the CE mark (i.e. European approval) for its Meritas, high sensitivity Troponin I (hsTnI) product. With its unrivalled precision, it is now the only point-of-care product capable of meeting all of the guidelines stipulated by the world's leading cardiac organisations for detection of heart attacks.

Troponin market

Troponin is the leading marker used in the detection of heart attacks or myocardial infarctions (MI). The worldwide market for Cardiac Troponin testing is estimated to be $1.2bn, growing at a rate of 12% per annum. Of this market, approximately $350m represents point-of-care testing carried out in the Emergency Room (ER) with the remainder being laboratory based testing. Historically, laboratory based testing has demonstrated significantly greater accuracy, albeit in a much slower timeframe. Typically, laboratory testing takes approximately 90 minutes versus the 15 minutes which can be achieved in the point-of-care environment. Speed is a crucial factor in the diagnosis and treatment of heart attack patients.
DO NOT blindly accept what has been spoken. DO NOT blindly accept what has been written. Think. Assess. Lead. DO NOT blindly follow.

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