SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Engel who wrote (91242)10/29/1999 12:55:00 AM
From: Jim McMannis  Read Replies (1) of 186894
 
RE:"I often wonder why Wall Street big shots always emphasize the SHORT
TERM, trade in and out on whims,"...

It's called "commisions" Paul. Some of these funds have 80-90% turn over rates. The brokerage firms they use to buy and sell are owned by the mutual fund company...thus generating themselves money...

Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext