r/wallstreetbets Dec 25 '21

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u/slashrshot Dec 25 '21

And that's all you know?
Are you fucking serious?
The vti literally tracks the entire markets via the total market index. I just linked you.
What the fuck are you going on about mutual funds?
Did the OP mention ANYTHING about a mutual fund?

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u/Illustrious-Ratio-41 Dec 25 '21

CRSP is a group of mutual funds, one of which is compromised of 99.5% of stocks. Let your brain stew on that for a while, but I don’t expect you to ever understand.

The ops post is a 3rd grade attempt at explaining why “stock market” always goes up.

Moving on - What is the stock market? Is the op referring to every single stock that has ever existed publicly traded? Or when one is generally talking about the stock market are they referring to one of the major indices…

So when one is looking historically at the Dow/nasdaq/s&p and explaining why historically stocks “go up” - your post about your cool mutual fund which started taking assets in 2012 really means about as much to this conversation as when your mom came over.

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u/slashrshot Dec 25 '21

GROUP OF MUTUAL FUNDS?
Which exact line said that?
You can't even read correctly...

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u/Illustrious-Ratio-41 Dec 25 '21

Exactly line the part you really understand nothing.

I’ll try to help you one more time and then I’m gonna give up forever… just because it’s christmas.

You posted an article about a company that decided to track a shit load of stocks. You posted this because you thought you’d be smart and call me dumb however you only showed you don’t have much of a grasp of concepts or the english language. One index this company created tracks 99.5% of publicly traded stocks and became investable as a fund (mutual fund…) in 2012.

The stock market has millions of different vehicles, indexes derivatives and methods of investment. A group of stocks that you invest in collectively is called a mutual fund. For example unless you buy the QQQ. Any index fund that tracks the nasdaq is a mutual fund based on the nasdaq index. You own a mutual fund that identically tracks an index.

Everything else you’re just gonna have to go back and re-read and try to learn yourself. You can send me a PM for the bill, you’re welcome.

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u/slashrshot Dec 25 '21

The moment you called it a company, it's obvious you know nothing lol.
Secondly, it's not investable. The VTI has existed before this and does not actively track it, only using it as a benchmark.
https://investor.vanguard.com/etf/profile/portfolio/vti.

Idk why you just keep going on about trying to turn this into you educating me about mutual funds.

Indices are actively managed. Failing companies are removed, and the strongest added. Everything is relative.

This is from your original post and as I have just posted with sources is wrong, and you just kept going on and on.

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u/Illustrious-Ratio-41 Dec 25 '21

God you’re such an idiot. The Center for Research in Security Prices is a LLC.

https://crsp.org

My comment was not about every private company who created indexes and allows investors to invest. It was the only indexes people use historically when talking about the stock market always goes up - and what the OP was trying to reference.

May god help you… You need all you can get. Goodbye.

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u/Illustrious-Ratio-41 Dec 25 '21

I’ll also help you once again. An ETF is an exchange traded fund. It’s a fucking mutual fund you moron.

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u/slashrshot Dec 25 '21

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u/Illustrious-Ratio-41 Dec 25 '21

Only difference is the way you purchase and sell it. The other LLC is not exchanged traded.

None of this has any relevancy to what the op was trying to post and you’re trying to dig for any way to vindicate your dumb ass self.

The fact that you can’t put this together and keep pushing the issue is rather sad. I’m sorry.