IWDA/VWRA/ISAC ETF - Some of the Best ETF

[CWL84]

3. If i'm aged below 25, my commission is USD$3 instead of $10, so i can buy at $1200/ monthly to finish up the $3 commission right?

Minor correction, under 26 years old. Yes, the monthly activity fee can be offset by monthly trading and currency exchange commissions.

 

[wutawa]

@kcah123

1. Yes, etf can be subjected to mkts crash. U shouldnt invest your money in a place that make u lose sleep

2. Yes, that is 3% gain.

3. If u r referring to ibkr llc, there is also a U$2 fee for fx too.

 

[SBC]

seem the big crash is not coming until Nov

Got a feeling that a 1k drop in US DJ is coming soon.

 

[reddevil0728]

Got a feeling that a 1k drop in US DJ is coming soon.

When’s your crystal ball telling you it will happen?

 

[SBC]

When’s your crystal ball telling you it will happen?

Not crystal ball. Jus my gut feeling.

Looking at the record no of Covid cases. No sign of tapering down at all.

 

[reddevil0728]

Not crystal ball. Jus my gut feeling.

Looking at the record no of Covid cases. No sign of tapering down at all.

then when does your gut tells you that might happen?

Cause it seems like the higher the case count, the higher the market.

 

[kram62]

Not crystal ball. Jus my gut feeling.

Looking at the record no of Covid cases. No sign of tapering down at all.

Easy to have such gut feeling, what is harder is to consistently know WHEN it is going to happen.

Everyone has had gut feeling the market should go down again. Even experts are surprised by the rally and have hard time explaining it. So far anyone that predicted this would happen prior to now was wrong.

A broken clock being right twice a day, once this happen well see people claiming to be have been predicting correctly. That's easy with hindsight. If you bet on every day, one of them is going to be correct...

 

[wutawa]

Got a feeling that a 1k drop in US DJ is coming soon.

Can earn money most impt. No need to explain or prove to anyone.

 

[skiversupreme]

Saw this on Tiger.

LSE:IWDA.UK
ISHRS CORE MSCI WORLD ETD USD (ACC) (LSE:IWDA.UK)

Is this the one I should buy?

 

[dchia78]

Saw this on Tiger.

LSE:IWDA.UK
ISHRS CORE MSCI WORLD ETD USD (ACC) (LSE:IWDA.UK)

Is this the one I should buy?

Dont think Tiger can buy UK stocks, at least for now.

 

[YouHeypiCanLiao]

Easy to have such gut feeling, what is harder is to consistently know WHEN it is going to happen.

Everyone has had gut feeling the market should go down again. Even experts are surprised by the rally and have hard time explaining it. So far anyone that predicted this would happen prior to now was wrong.

A broken clock being right twice a day, once this happen well see people claiming to be have been predicting correctly. That's easy with hindsight. If you bet on every day, one of them is going to be correct...

Not crystal ball. Jus my gut feeling.

Looking at the record no of Covid cases. No sign of tapering down at all.

then when does your gut tells you that might happen?

Cause it seems like the higher the case count, the higher the market.

monitoring for the last 3 days.. seems to be downtrend...
should we hold a bit..?

 

[chrisloh65]

Just a matter of time, because there is clearly a big disconnect between the wall street and the main street!

Obviously all those people who want you to DCA blindly into index ETFs regardless of market conditions over the long term will not agree with you and may even try to humiliate you because you are exposing their scam scheme and destroying their hope of retiring rich and earlier than those late comers (since they need those late comers to help to continue to push up the price)!

Not crystal ball. Jus my gut feeling.

Looking at the record no of Covid cases. No sign of tapering down at all.

 

[Naqsaq]

Obviously all those people who want you to DCA blindly into index ETFs regardless of market conditions over the long term will not agree with you and may even try to humiliate you because you are exposing their scam scheme and destroying their hope of retiring rich and earlier than those late comers (since they need those late comers to help to continue to push up the price)!

Any suggestions for good peer revied papers/articles to support these views? Still very new to all this, and trying to read up as much as possible.

 

[chrisloh65]

You can read the below:

https://edition.cnn.com/videos/business/2020/01/29/markets-now-passive-investing.cnn-business
Portfolio manager: Passive investing has become a Ponzi scheme

https://www.cnbc.com/2019/09/04/the...says-he-has-found-the-next-market-bubble.html
Michael Burry of ‘The Big Short’ says he has found the next market bubble
Passive investments are inflating stock and bond prices in a similar way that collateralized debt obligations did for subprime mortgages more than 10 years ago, Burry told Bloomberg News.
“Like most bubbles, the longer it goes on, the worse the crash will be,” said Burry.
“The theater keeps getting more crowded, but the exit door is the same as it always was. All this gets worse as you get into even less liquid equity and bond markets globally,” he said.



‘Passive investing is in danger of devouring capitalism’ – Paul Singer, Elliot Management.

‘ETF’s turn market into the ultimate Ponzi scheme’ – Alan Kohler

Two powerful statements from knowledgeable men that strike at the core of our stock market and its reason for being. Paul Singer added ‘what may have been a clever idea in its infancy has grown into a blob which is destructive to the growth creating prospects of free market capitalism.’

And again from Alan Kohler, ‘When the history of the next market collapse is written ETF’s are likely to figure prominently.’

Then from Howard Marks co-founder of Oaktree Capital ‘When management of assets is on autopilot, as it is with ETF’s, then investment trends can go to great excess’ He cautioned that ETF’s promise of liquidity has yet to be tested in a major bear market. “It is not clear where ETF’s and index mutual funds will find buyers for their holdings if they have to sell in a crunch.

.................
When a financial product causes stocks to be priced on money flows (in and out of an index ETF product) rather than on specfic stock’s fundamental valuations then there will be trouble on the horizon and even of more concern is Paul Singer’s statement above. Passive investing threatens the efficent functioning of the market and may lead to more distrust of an essential capital raising vehicle which is for what the stock market was originally created.

Any suggestions for good peer revied papers/articles to support these views? Still very new to all this, and trying to read up as much as possible.

 

[candy crush]

Time to buy NIKE

 

[YouHeypiCanLiao]

Time to buy NIKE

lol smtj

 

[pylpoh]

$63 back to Feb price

 

[flyingzebra]

Well, google "the stock market is a ponzi scheme".
See what the results are.
So, why are we in it then?

 

[loveboon]

Bought 6 units @ $63.

 

[kurtgoh]

$63 back to Feb price

the news did its wonders