Gaps will be filled

November 29, 2023 Leave a comment

I don’t like the way some asset prices are behaving.

Some are not constructive.

I can see gaps between the highest price of a given day and the lows in subsequent days. This ‘gap up’ is eventually closed as the price makes its way ‘back’ lower to ‘fill’ it.

There is much backing and filling to do.

Below is an example of the Russell 2000 Index.

I don’t like it when individual stocks do it, let alone indices.

Identifying this occurrence helps me qualify whether I ‘rent’ or ‘own’ the asset or security, while also assisting with my next price entry.

November 29, 2023

by Rob Zdravevski

rob@karriasset.com.au

Filed under Finance & Investment Tagged with , ,

Fees – Fair or Fleeced ?

July 29, 2020 Leave a comment

So you have either $500,000 or $5 million to invest and your selected investment fund charges a fee of 1% p.a. of the amount you hand over.

That means the fee is either $5,000 or $50,000 per annum.

Does that funds management firm do 10 TIMES more work ?

Why not charge a flat, fixed fee?

Is charging a fair amount in exchange for a commensurate amount of work conducted such a radical idea?

p.s. these questions also apply to financial planners and advisors, the M&A fees charged by investment banks and the selling commissions charged by real estate agents.

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