Shorting SPY for fun and profit. Message Board

STOCKTALK

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.

Strategies & Market Trends : Shorting SPY for fun and profit.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Esteban who wrote (46)	11/8/1997 1:11:00 PM
From: Pancho Villa	Read Replies (1) of 346

Yes Esteban, There is some administrative costs associated with running the operation. The pay you dividends as if you were holding the S&P 500 also. However notice that this .18% is lower than what Vangard charges! Well Fidelity reduced the fee on its Market index fund to .19% for a limited period of time. This is also veryattractive. Of course, the cheapest thing to do if you have a large enough portfolio is to buy a good proxy of the S&P 500 (i.e., a subset of its stocks) unless you really feel like [and have the $$$] to buy all 500. and just hold... this will only cost you the initial commision, assuming your broker is happy with your non trading. Regards, Pancho PS: sorry for the sloopy typing. No time to check.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next