I understand how stock splits, forward and reverse can confuse novice investors, but I was shocked to see Reuters Money publishing a guest post titled: “An inside look at a bad stock trade.” This investor’s analysis of VXX’s 4:1 reverse split was: “Such a split means that investors would have one-fourth of the shares they owned before the split, but at four times the …
One of the scariest things about market panics is their unpredictability. All of us remember the dark days of 2008 and 2009, not so many the October 1987 crash. For me, both of those crashes carried the same sense of disruption—the feeling that things would never be quite the same again. I’ve been looking at the history of volatility because it’s clear to me …
UPDATE Credit Suisse terminated XIV due to a greater than 80% drop in its indicative value on 5-Feb-2018. The final payout was $5.99 per share. The last day of trading was the 15th of February 2018. In the prospectuses for XIV, there are some disconcerting discussions about termination events. For XIV the termination event is triggered if the daily percentage drop exceeds 80%. I did …
I used to share stock tips with my brothers-in-law. Before the tech crash I could offer up a few stocks I liked, and they would often make some money. The crash painfully ended the easy money and I moved on to index funds. They didn’t think indexes were near as much fun. One Easter one of my brothers-in-law asked what I was investing in. …
Review Streetsmart Edge (SSE) can be launched/downloaded from the Schwab website. Schwab has made StreetSmart Edge available to all account holders. A call to their helpline (800-435-9050) is required to set it up. If you want to run SSE on an underpowered computer, are having performance problems, or want to run on a Mac check out the cloud version of SSE, see this post for …
