4 ms·

I used to agree with this strategy before I got an MBA. Then I studied the markets. Actually the MBA put me at a disadvantage, but regardless. The markets are s

I used to agree with this strategy before I got an MBA. Then I studied the markets. Actually the MBA put me at a disadvantage, but regardless. The markets are so incredible corrupt. It's nice in theory, however this ETF strategy is extremely overcrowded, hence the 2008 meltdown. Hence, the August meltdown. Anything that works will eventually, come to an end... Let's not forget the people that make the guaranteed money in the ETF are the one's selling you them. (Might want to check your ETF fees as well) In the meantime... I created this http://www.strategic-options.com/trade/ http://www.strategic-options.com/trade/

dsacco 11y ago
>> Anything that works will eventually, come to an end... Let's not forget the people that make the guaranteed money in the ETF are the one's selling you them. >> In the meantime... I created this http://www.strategic-options.com/trade/ http://www.strategic-options.com/trade/ Sorry if this sounds rude, but this comment comes across as disingenuous to me.
- chad_strategic 11y ago
  I'm not exactly sure what your getting at but in reference to it all comes to an end. Yes, ETFs are overcrowded and even Goldman wants a piece, so now you know it's corrupt. :) http://www.investmentnews.com/article/20150911/FREE/150919971/goldman-sachs-goes-low-cost-in-bid-to-attract-investors-to-etfs?NLID=daily&NL_issueDate=20150911&utm_source=Daily-20150911&utm_medium=email&utm_campaign=investmentnews&utm_term=text http://www.investmentnews.com/article/20150911/FREE/15091997... You also have tulips to blame in 1637. https://en.wikipedia.org/wiki/Tulip_mania https://en.wikipedia.org/wiki/Tulip_mania
iheartmemcache 11y ago
I know this is such a cliche question but if you've found the recipe for generating 9% returns, why are you selling it for $50 dollars a user rather than just starting your small/mid-cap fund? Capital is so cheap right now, people literally don't know what to do with the money they're sitting on. Even if the fed hikes in Sept (which it will), you charge .5% maintenance and 20% performance and you'll have absolutely no trouble raising money. (This is a genuine question, not a snarky one. I've always wondered would write a "how to get rich quick" book in my early teenage years, only to realize their methodology to get rich was to write that get rich book.)
- chad_strategic 11y ago
  Yes, I'm working on selling it / building a portfolio to sell to investors. Unfortunately, I have a day job and fortunately, I have new 8th month old. (means time is short)
rc4algorithm 11y ago
There's so much wrong with this comment... ETFs are just a way of buying equity, not a market that can be overcrowded. The 2008 meltdown happened because of subprime mortgages, the approximate opposite of conservative index fund investments. ETFs are (in this context) just a convenient way of buying modest amounts of an index fund. Index fund companies like Vanguard charge a very low, extremely reasonable commission for both direct purchases and ETFs.
- chad_strategic 11y ago
  Do feel better now? Best of luck!
- hardwaresofton 11y ago
  Was about to say all of the same things... Guess MBA mention was just an appeal to authority.
lern_too_spel 11y ago
Nonsense. The GP specifically recommended Vanguard ETFs, which are structured in a way that keeps the fees low and prevents anybody from becoming rich off the investors.
zrail 11y ago
> For a $49.99 a month, you can have a return of 71.78%. That's a hell of a thing. If you can make those kinds of returns why do you even need to play in the $50/mo market? Seems like the kind of thing you can sell for millions, or not sell and make billions.
chad_strategic 11y ago
I'm not sure what the demographic is that comes to HackerNews, but anytime there is an investment article, I'm always shocked, because people some how become the authority of investing. Yet I don't think many financial people come to the site. Someone hears that Warren Buffet speak on CNBC, that you should invest in an index strategy. So let it be written, so let be bought. This keeps people warm at night, because Uncle Warren said something that you can understand. Anybody that is critical of your buy an ETF strategy, is the enemy. But yet you reference a one line strategy and now you are genius! Where was your ETF strategy in 2008? Negative -36% return? How about early 2000? It would still be in the crapper hadn't Uncle Ben started printing money in 2009. But hey, you don't need to understand anything about interest rates, money supply, high frequency trading and or federal reserve, because at the end of the day you saw something on CNBC! I'm more than happy to encourage buy more of your investment philosophy. Keep buying, buy the dip, buy when it goes up, buy when it goes down. Because the market is up ~250% since 2009 and it can only go up. Economic cycles those are a thing of the past, the market is only going to trend up, no inflation or deflation in sight. It's now clear you know what you doing! Your incredibly intelligent, successful, profitable, secret strategy. Remember not tell anyone, well because they might overcrowd the trade and reduce profitability. Let us never forget "Ignorance is Strength"

dsacco 11y ago

>> Anything that works will eventually, come to an end... Let's not forget the people that make the guaranteed money in the ETF are the one's selling you them. >> In the meantime... I created this http://www.strategic-options.com/trade/ http://www.strategic-options.com/trade/ Sorry if this sounds rude, but this comment comes across as disingenuous to me.

chad_strategic 11y ago
I'm not exactly sure what your getting at but in reference to it all comes to an end. Yes, ETFs are overcrowded and even Goldman wants a piece, so now you know it's corrupt. :) http://www.investmentnews.com/article/20150911/FREE/150919971/goldman-sachs-goes-low-cost-in-bid-to-attract-investors-to-etfs?NLID=daily&NL_issueDate=20150911&utm_source=Daily-20150911&utm_medium=email&utm_campaign=investmentnews&utm_term=text http://www.investmentnews.com/article/20150911/FREE/15091997... You also have tulips to blame in 1637. https://en.wikipedia.org/wiki/Tulip_mania https://en.wikipedia.org/wiki/Tulip_mania

iheartmemcache 11y ago

I know this is such a cliche question but if you've found the recipe for generating 9% returns, why are you selling it for $50 dollars a user rather than just starting your small/mid-cap fund? Capital is so cheap right now, people literally don't know what to do with the money they're sitting on. Even if the fed hikes in Sept (which it will), you charge .5% maintenance and 20% performance and you'll have absolutely no trouble raising money. (This is a genuine question, not a snarky one. I've always wondered would write a "how to get rich quick" book in my early teenage years, only to realize their methodology to get rich was to write that get rich book.)

chad_strategic 11y ago
Yes, I'm working on selling it / building a portfolio to sell to investors. Unfortunately, I have a day job and fortunately, I have new 8th month old. (means time is short)

rc4algorithm 11y ago

There's so much wrong with this comment... ETFs are just a way of buying equity, not a market that can be overcrowded. The 2008 meltdown happened because of subprime mortgages, the approximate opposite of conservative index fund investments. ETFs are (in this context) just a convenient way of buying modest amounts of an index fund. Index fund companies like Vanguard charge a very low, extremely reasonable commission for both direct purchases and ETFs.

chad_strategic 11y ago
Do feel better now? Best of luck!
hardwaresofton 11y ago
Was about to say all of the same things... Guess MBA mention was just an appeal to authority.

lern_too_spel 11y ago

Nonsense. The GP specifically recommended Vanguard ETFs, which are structured in a way that keeps the fees low and prevents anybody from becoming rich off the investors.

zrail 11y ago

> For a $49.99 a month, you can have a return of 71.78%. That's a hell of a thing. If you can make those kinds of returns why do you even need to play in the $50/mo market? Seems like the kind of thing you can sell for millions, or not sell and make billions.

chad_strategic 11y ago

I'm not sure what the demographic is that comes to HackerNews, but anytime there is an investment article, I'm always shocked, because people some how become the authority of investing. Yet I don't think many financial people come to the site. Someone hears that Warren Buffet speak on CNBC, that you should invest in an index strategy. So let it be written, so let be bought. This keeps people warm at night, because Uncle Warren said something that you can understand. Anybody that is critical of your buy an ETF strategy, is the enemy. But yet you reference a one line strategy and now you are genius! Where was your ETF strategy in 2008? Negative -36% return? How about early 2000? It would still be in the crapper hadn't Uncle Ben started printing money in 2009. But hey, you don't need to understand anything about interest rates, money supply, high frequency trading and or federal reserve, because at the end of the day you saw something on CNBC! I'm more than happy to encourage buy more of your investment philosophy. Keep buying, buy the dip, buy when it goes up, buy when it goes down. Because the market is up ~250% since 2009 and it can only go up. Economic cycles those are a thing of the past, the market is only going to trend up, no inflation or deflation in sight. It's now clear you know what you doing! Your incredibly intelligent, successful, profitable, secret strategy. Remember not tell anyone, well because they might overcrowd the trade and reduce profitability. Let us never forget "Ignorance is Strength"