โFor a long term buy and hold, FLSW is probably the better choice if it's a smaller position because you're paying 41 basis points less in an annual fee. For the typical investor buying and holding Swiss exposure, I don't think there's any reason you'd wanna pay five x the expense ratio for essentially the same basket of stocks.โ
Unclaimed retirement funds cause billions in lost wealth
โMillions of Americans change jobs every year without fully claiming the retirement contributions, their invested stock, and their other compensation that they've earned, and it adds up to billions in lost wealth over a lifetime. We'll break down the key financial steps every worker should take before handing in their resignation letter.โ
โAnd right now, it is experiencing one of the most violent short squeezes in recent market history. This is a short squeeze. This is not a fundamental story, so I wanna flag this for you. Fundamentals do not support where this company is. Chasing these meme stock like trends is never anything more than gambling.โ
Geopolitical risks overshadow solid US macroeconomic data
โThe economic data was actually pretty firm today. March retail sales came in at 1.7 month over month, beating the 1.4 consensus. ADP weekly data showed the fourth straight week of accelerating job creation. In a way, the macro backdrop still remains solid. It's the geopolitical one that's causing the trouble.โ