Re:Launch HN: Enombic (YC S20) – Create your own stock indexes
by Mumps on Friday February 26, 2021 @06:16AM
(#26273609)
I'd like to offer the counter to some of the support for this idea. I worry that as soon as there is a commision structure in place:
A) The marketplace will become absolutely flooded with copy after copy after copy of $GENERIC_ETF as people are trying to scramble onto some comissions.
A2) It will destroy the community aspect of people sharing ideas just because. This has been seen in a lot of other marketplace areas before.
B) It'll be back to the same problem of losing money to fees - which is the whole point of low cost brokerages and etfs for us poors.
A) The marketplace will become absolutely flooded with copy after copy after copy of $GENERIC_ETF as people are trying to scramble onto some comissions.
A2) It will destroy the community aspect of people sharing ideas just because. This has been seen in a lot of other marketplace areas before.
B) It'll be back to the same problem of losing money to fees - which is the whole point of low cost brokerages and etfs for us poors.
Please, please, do not implement this.