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#1
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October [censored] thread
Post any random thoughts, trades or ideas as they pop into your head in this thread. |
#2
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Re: October [censored] thread
I just heard that according to the SEC it is illegal for mutual funds to try and time the market? Is this true?
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#3
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Re: October [censored] thread
i dont know ahnuld.
although i am good at predicting downfalls: [ QUOTE ] hope september has been a good month for everyone, ive somehow made money, which means ill no doubt have a terrible october [/ QUOTE ] gold down $19 today. so -$1140 for me! i am going to stop checking the price, it is too addictive, although no matter how low it goes and i am going to leave my position, i am in this for the long long long term. |
#4
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Re: October [censored] thread
where do i buy good quality shirts from? i am from UK btw. i am thinking so far trying ctshirts.co.uk and josephturner.co.uk
btw i also do not like leaving the house to go shopping, so pref online. ty for any suggestions. |
#5
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Re: October [censored] thread
A canoeist is traveling upstream. 2 miles later he comes across a log going the opposite way.He travels for another 1 hour then turns around. He gets to his starting point the same time the log does. What is the speed of the stream?
This word problem has me stumped. Any ideas? |
#6
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Re: October [censored] thread
The problem doesn't make any sense. He shouldn't catch up to the log at all, assuming they are just floating along without paddling.
James |
#7
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Re: October [censored] thread
[ QUOTE ]
The problem doesn't make any sense. He shouldn't catch up to the log at all, assuming they are just floating along without paddling. James [/ QUOTE ] 2 miles in 2 hours. |
#8
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Re: October [censored] thread
[ QUOTE ]
I just heard that according to the SEC it is illegal for mutual funds to try and time the market? Is this true? [/ QUOTE ] uh, i don't know but i guess it depends on what market timing is. is market timing stock picking? or simply moving in and out of an index? if the latter, i'm not sure why the SEC woudl make a regulation preventing a mutual fund from doing that. isn't htat what investors pay mutual funds for? (i.e. deciding when to overweight/underweight equities in addition to over/underweighting individual stocks relative to their benchmark)? if not, then i don't know what the SEC thinks market timing is?? Barron |
#9
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Re: October [censored] thread
Barron, same here. Im pretty sure he meant moving in and out of securities, and the reason was that it could be used as an excuse to ramp up trading fees.
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#10
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Re: October [censored] thread
The only market timing ban on mutual funds that I've heard of relates to the scandal a few years ago. This "market timing" allowed special customers to buy the funds after market close at the days price, when they should actually pay the next days price. This is essentially timing when the fund would be up or down the next day based on after market news and increased costs for non timing mutual fund customers.
Wiki on Market Timing Scandal |
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