no one talks about ARM IPO listed today?

this is my first time interested in an IPO.

is this how US IPO works?
last 2 weeks i googled, no IPO date yet. but yesterday suddenly i got info ARM IPO today

right now, market opened already, but no market depth and price stays at USD51

ARM start trade at 10.30.

Why want to buy an overprice IPO? It is for the main holder to dump their share.

Wait at least 1/2yrs. When their staff finish sell all.

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Yeah wait after lock up period and 2quarterly reports to see and then only can slowly dive in

Otherwise just buy SMH and wait for them to add ARM into it for better growth 🤦‍♀️

Double posted

This post has been edited by icemanfx: Sep 16 2023, 01:09 PM

https://m.youtube.com/watch?feature=shared&v=bmr8YmwnZ3w

"Dumb money"

Local movie company should make similar movie on glove stocks.

This post has been edited by icemanfx: Sep 16 2023, 01:13 PM

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No incentive and tax breaks 🤦‍♀️ unlike in US and Canada where are tax breaks are given up to county level plus the audience in Malaysia are not that cultured and sophisticated to enjoy such movie unless local big names and hyped up marketing which costs lots of millions

This post has been edited by xander2k8: Sep 17 2023, 04:51 PM

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Stay far away from new IPO stocks. Wait for the pump and dump to be over. Will take months. Dont get caught up with the hype.

I think for most of us, keeping investment simple is the way to go. Opting for quick gains via option trading or buying in hype stocks almost always ends in disaster over the longer term.

For those who want to be big tech heavy (like me), i think besides buying individual names, the Vanguard Megacap Growth ETF (MGK) is best suited with a 5 year annualized return of 14%. Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla, Meta and Netflix make up a whopping 58% of the entire fund. 28% of the fund is held by Apple and Microsoft alone which should provide long term price stability. Fluctuations and price sell offs are to be expected but i guess this will be more reason to buy even more when it happens.

https://etfdb.com/etf/MGK/#holdings

Thoughts?

This post has been edited by cybermaster98: Sep 19 2023, 10:10 AM

At this kind of weightage 🤦‍♀️ you would be better off buying the stocks directly rather than paying the expense ratio yearly for longer holdings

I own all those stocks albeit with smaller volume but yet % growth is better off than the ETF itself

0.07% expense ratio only. Very cheap yearly fees wooo considering the ease of life this etf offer.

Doesn’t matter whether is cheap when you just throwing money to Vanguard to earn 🤦‍♀️ and you just lost 7 dollars per 10k coupled with WHT being charged to insubstantial dividends being paid out

With that at least 10 dollars more you be better off using IBKR buy it either fractionally or in whole units with lesser fees at around 0.35 cents per trade

I understand your perspective. You are advanced type of investor that got times to look and study the market.

while rookies or busy people like me, I don't have time to add, reduce or trim the position, Just don't have time for that. So I give some donation to vanguard.

The expense ratio is negligible. Only 0.07%. But the main reason for buying the ETF is to remove the emotion of monitoring/analyzing individual stocks. I too have a significant amount in individual big tech stocks.

One of the reasons why 90% if stock market traders lose money over the long term.

So rather than being a market trader, better choose etf right? Is my understanding correct?

Instead of trading for short term gains, choose to invest long term either through ETF's or individual stocks. But always ensure you are buying the best in class stocks with strong fundamentals and not the hype stocks.

Instead of trading for short term gains, choose to invest long term either through ETF's or individual stocks. But always ensure you are buying the best in class stocks with strong fundamentals and not the hype stocks.