Trade Findings and Adjustments 09-16-2021
Money management = CBOE, CNBC survey, State of Utah Securities and Exchange Division
What do you think the number one answer was for what people were looking for in choosing a money manager ?
The number answer was “being educated on what there money is doing”
https://www.cnbc.com/video/2021/09/15/gensler-investors-may-not-be-getting-the-best-execution.html
https://www.cnbc.com/video/2021/09/14/sec-chair-gary-gensler-on-spacs-need-greater-disclosures.html
So yesterday I was listening to CNBC and thought all the info was pertinent and very interesting
Robinhood and free trading = Does not mean better execution, best pricing, its better for your account
There is no free lunch in the world of investing today
Robinhood is perpetuating the losing investing strategy of day trading
Cypto comments = of the uncertainty that they are a viable securities
Cypto’s are not doing anything to protect the owners of the coins
SPAC’s and the way the creators are ripping of every day investors
IF they don’t find an acquisition in the three years you still pay them, closing costs, startup costs and are the last to be paid out
Disclosures are inaccurate = the returns are pie in the sky without data to support them, the big VC, Initial Invesotrs and Founder get pai their money first as a loan and interest before you get paid the gain
So we are protected on just about everything right now
@ HI we are still looking to take profits by the end of the year = Higher taxes
The administration / democrats would like the rich to fund their idealistic programs to help the poor
With the fear of rising taxes this is the year to take profits and hold more cash going into 2023
