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Hi Fb,ETF stands for Exchange Trade Fund e.h. ASX200 funds that...

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ReadyToRetire

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187

19/01/24

19:36

Post #: 71971062
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Originally posted by Fibber: ↑

Whoa RTR! You're getting way too technical for me. Like, WTF, what's an ETF, is that like a broad spectrum sunscreen? That's supposed to stop skin cancer. Look, those red dots make your DCA curve. Don't you love its simplicity? I mean, compared to all those other technical thingies you get in this thread. With a DCA curve (all right, I admit I think its stands for dollar cost averaging) you can just SEE and FEEL where it's headed right? A nice smooth curve leading to .....ahh memories.

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Hi Fb,
ETF stands for Exchange Trade Fund e.h. ASX200 funds that invest in the top 200 companies in the ASX. The idea is that you cannot predict the rises and falls of the 'whole market' but historically the market has been rising for the past donkey years.
so DCA means you would ride out the falls, plus with dividends, your nest egg would grow over time.
So, not suitable for a single stock imho.
mmmm... smooth curves..... i like what your mind works if i am reading you right.
Ha, just friday joshing...

IMU Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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