Beware of double fees. “Because ETFs and mutual funds charge their own management fees, these clients are essentially paying two different advisors,” said Rogovy. “Funds charge fees on the backend, so investors might not realize they’re paying these fees.”
“Derivatives aren’t for beginner or casual investors. Because they are essentially bets, Wall Street does a very good job of making sure they are accurately priced,” notes Rogovy.
“It’s in the interest of both parties that the value of the securities remains stable so the lender doesn’t have to liquidate them,” says Rogovy.
“These posts are filled with disinformation, propaganda, and nonsense. Many posters explicitly say to ignore market data contrary to their thesis,” says Rogovy.
“Ideally, an investment portfolio generates predictable income for retirement, but it’s not strictly necessary. Instead, active investors could sell profitable assets to fund retirement expenses. But this requires discipline and most retirees would rather just relax.”
“AMC and other movie theaters, such as Cinemark Holdings and IMAX Corporation, will have to innovate in order to justify higher stock valuations.”
“Fraudsters may be emboldened to make false claims on anonymous internet forums,” Rogovy said. “I never fully trust any information that doesn’t come with a face and a name.”
Asher Rogovy is the Chief Investment Officer at Magnifina, LLC, a New York-based investment advisor that takes a long-term view with their client’s portfolios. “Inflation is when prices rise, and this includes asset prices. Over the long-term stock prices rise along with inflation, as do other investment assets.”
Says Rogovy, “In the US, the central bank does not pay debt with the money it creates. Rather, it lends money at its targeted interest rate and the private sector employs that capital more productively. The money created is paid back, which is a crucial reason this monetary policy doesn’t produce hyperinflation.”
“Much of the market analysis seen on WallStreetBets continues to rely on misinformation or disinformation and stale data,” says Rogovy, chief investment officer of New York City-based Magnifina.
