Re:Robinhood Is Set to Raise at Least $200 Million in New Fu...
by n-exploit on Friday May 24, 2019 @10:44PM
(#20006795)
15.52, according to Yahoo.
Re:Robinhood Is Set to Raise at Least $200 Million in New Fu...
by ericd on Friday May 24, 2019 @11:12PM
(#20006892)
Does that include the dividend yield? (~1.8% iirc)
Re:Robinhood Is Set to Raise at Least $200 Million in New Fu...
by rburhum on Friday May 24, 2019 @11:18PM
(#20006908)
It does not. Otherwise it would be higher.
Re:Robinhood Is Set to Raise at Least $200 Million in New Fu...
by rburhum on Saturday May 25, 2019 @05:45AM
(#20008029)
Oh, and I forgot that includes my mess ups of the first three months when I was learning. Otherwise I would be outperforming an ETF of the SP500 by 3% without doing much work.
Re:Robinhood Is Set to Raise at Least $200 Million in New Fu...
by Traster on Saturday May 25, 2019 @06:54AM
(#20008270)
You've got to think about more than just whether you're beating the S&P500 ETF at any given time. The point of the S&P 500 is that when a recession comes you're protected. The point is that the S&P500 is a diverse portfolio of companies so that whilst it will be affected by a recession you aren't going to be over-exposed to the companies that are hit the worst. I suspect it's quite difficult for you to reproduce that kind of diversity in your portfolio manually. It's also very difficult for you to put a value on that risk - you've outperformed by a couple percentage points. But you're probably overexposed to some extent, those two things have value - but there's a reason why hedge funds spend millions of quants and still lose out to the market in the long run.
and where would you be if you'd just stuffed all your original cash into VTI and not fiddled with things?