audreyh1
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Nothing is happening because most investors are waiting until the Fed announcement and the Yellen press conference that will follow.Nothing much happening.
I've submitted some limit orders, but the things I want sell have dropped and the things I want to buy have gone up, so it's just possible that I will have no trades executed today.
And the stupid thing is that if on this 2%-of-portfolio that I want to trade today loses 0.5% in the trades, then that will affect my YTD return by 2% times 0.5% or just 0.01% overall.
I can see the logic in that, but it sure feels like it would be a lot more than that.
Of course, something like the converse is also true: If I make an extra 0.5% on the 2%, then my YTD return will gain just 0.01% on the benchmark. Small potatoes.
OK - they just announced 0.25% raise.
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