Read more: https://www.letsrun.com/forum/f...z4CXvrBzAP
Considering the op first said "mutual fund" and later changed it to "ETF", it's clear he's so confused & unreliable that agip can't be blamed this time for being unable to sort through his crap explanation (and I don't like or respect agip). Just a ticker symbol would probably help a lot.
Kinda Sketchy wrote:agip wrote:yes, I know a lot about it. It's what I do.Need Help again wrote:Nope. This is an ETF with no sales charges. I think I will get @ $95k because when I lined up the trade that's what I was told.agip wrote:why do you think you'll get only 95k?
[quote]Need Help again wrote:
Maybe some of you guys actually know something.
I hold a mutual fund with C Schwab that has a market value of @ $101k per the website.
Yet if I set up a sale of this fund, it estimated I will get @ $95k.
Isn't the market value of an asset supposed to be the price you would get for it on the market?
normally you multiply your share count and the daily price of the fund. The result is what you get back. There are some classes of mutual funds that charge a fee when you sell...maybe that's what you have.
Does anyone actually know anything about this stuff?
Given this is what you do it is scary you cannot answer the question
The Voice of Reason wrote:
The market goes up. The market goes down. Repeat.
Started following this thread and have a quick question:
Igy detector wrote:
Hey, Igy, are you butt hurt because the markets didn't overreact to the Brexit?