/biz/ - Business & Finance

>>1568427
you'd be better off doing a 3x bond etf.

>>1568431

Where can I find that on the site bro? Super confused about how to get started.

>>1568433
thats cause vanguard is for grandmas.

their offered by a company calle direxion.


http://www.direxioninvestments.com/products/direxion-daily-20-year-treasury-bull-3x-etf

https://www.direxioninvestments.com/products/direxion-daily-7-10-year-treasury-bull-3x-etf

>>1568437

Shit I already have an account with V, anything I can do here or am I shit out of luck?

>>1568439
close that shit and get with the times.

everybody makes mistakes in this game. just make sure their little , controlled mistakes.

>>1568439
>Getting trolled by this

Read the boglehead's 3 fund solution you dinklebrain

>>1568445

I also have a bank of america account (basically my main banking through all that shit) should I just go with Merril edge? Might be easier?

>>1568447
No just use vanguard and read the bogleheads site

>>1568447
merril edge doesn't carry direxion also is a meme .
go with TD ameritrde.


no minimum balance.
they carry everything
detailed charts

even options and future.

their the best.

u can even trade etfs w/o fees.

>>1568448

Site isn't even opening....

I'll give it a go though thanks anon.

>>1568451

Damn another option...I have a TD Ameritrade account for trading but I gave up on it awhile back.

this is the one I use
https://personal.vanguard.com/us/funds/snapshot?FundId=0569&FundIntExt=INT

>>1568458
why?
what problem did you have?

whoops, meant this one
https://personal.vanguard.com/us/funds/snapshot?FundId=0540&FundIntExt=INT

>>1568462

Mostly high fees when trading and I'm still super new to all this so Robinhood and Merril Edge were way better on my wallet.

>>1568463
>expense ration .05%

you know that means 5 percent right?

>>1568463

Thanks anon I'll look into this!

>>1568465
well theres no fees to trades those direxion etfs.

u dont need 2 be doing a buncha buys and sells anyways , and ur profits should far exceed any fees...

just play around on robin hood and time lapse simulations , till you figure out what ur actually supposed 2 be doing.

>>1568466
it doesn't, it means 1/20th of a percent

>>1568471

I'm just looking to put my 10k that I have in my bank to work at least in a lazy ass portfolio. I just want to deposit money in once in awhile and forget it for retirement. I don't know shit about how to work these sites though.

>>1568475
Convert .05 to a percent - AddictedToMath.com
informacjerolne.pl/percentage-solution/convert-.05-to-a-percent
... to a percent. To convert .05 into a percent, You need to multiply .05 by 100%. The conversion of .05 into a percent: .05 = .05 * 100% = 5% S


if u cant into math, you shouldn't be trying to into finance , family. you're going to have some serious problems.

>>1568477
3x bond etf direxion td ameritrade.

now fuck off and never make this shill thread again.

>>1568487
0.05 = 5%, true
(obvious)
0.05% =/ 5%, true
(think about it)
0.05% = 1/20th of 1%, true
(0.05% * 20 = 1%, think about it)

>>1568497

>>1568437
You can buy non vanguard etfs via vanguard. They just charge you for it.

>>1568431
>>1568437
>>1568444
>>1568451
>>1568462
>>1568466
>>1568471
>>1568487
>>1568491
>>1568502
Reminder that the person making these posts is the same person in pic related.

Look at those fingernails. Is this a person you want to take financial advice from?

>>1568710
Jesus Christ how terrifying.

As long as we're talking about Vanguard, my friend sent me this the other day while we were talking about stocks and how much money we make

I know nothing about stocks and this is nowhere near my main board. Does this imply that he has a decent amount of money in Vanguard? Is my friend secretly a rich fuck?

>>1568824
plz /biz/ I must know

>>1568824
he has approximately 300k in VFIAX

>>1568965
goddamn

any way to tell the others?

>>1568941
>>1568824
>i know nothing about stocks

dividends can be thought of a little return on investment to encourage people to buy their stock. Usually paid out quarterly (every 3 months)

I won't go into short-term/long term unless someone else wants to go over it in detail.

In short it is pretty good returns for doing passive income. Admiral shares (elite share group) means he has a huge amount invested (usually over 10k, up to 250k) At least to a normal person.

If you want to think about it like this

typical total bond fund will net you 20 dollars per month for every 10k invested

typical total stock fund will net you 250 per quarter for every 25-30k invested

A very specific fund or etf that follows a slice of the market - like that health care fund, can net you a lot or a huge negative because risk increases on a scale based on the more selective the fund is, which is why you may have heard diversifying increases safety where specific funds will increase risk but increase chances of good returns.

As I mentioned in a different thread, you should just take the simple test on vanguard that talks about risk tolerance or contact them via phone to get a general idea on how you want to proceed.

https://personal.vanguard.com/us/FundsInvQuestionnaire

>>1568965
I don't know how you came up with this, but perhaps you thought the listed distributions were monthly or quarterly? Either way, you're wrong.

He has about $65K in the S&P500 fund.