TheSwede75
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May 22, 2013, 04:26:40 PM |
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a conventional mutual fund manages billions are dollars worth of assets.
Take a look: http://money.cnn.com/magazines/moneymag/bestfunds/index.htmlSome of the top funds holding billions in assets have a fee of <1%. Other top funds (mid-cap) hold far less than "billions" ... more like in the 100s of millions. Show me a conventional mutual fund with dividends equal to Asicminer and I will give you a back rub with a happy ending!
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vortex1878
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May 22, 2013, 04:28:00 PM |
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a conventional mutual fund manages billions are dollars worth of assets.
Take a look: http://money.cnn.com/magazines/moneymag/bestfunds/index.htmlSome of the top funds holding billions in assets have a fee of <1%. Other top funds (mid-cap) hold far less than "billions" ... more like in the 100s of millions. True. But you forget here that most funds have an issue surcharge of 5% that you pay when you buy them.
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GuiltySpark343
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May 22, 2013, 04:32:14 PM |
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Show me a conventional mutual fund with dividends equal to Asicminer and I will give you a back rub with a happy ending!
That was never the issue. The issue is facts. I'm merely correcting his statement that not all mutual funds manage billions in assets. Some mutual funds charge a front-load, transaction fees, or 12b-1 fees. But not all. If you have a brokerage account, you can always take advantage of no-load, no-fee funds. So I'm not sure vortex1878's point reflects "most" funds. Past and current returns from AM have been stellar. Whether future returns are as good (or better) is pure speculation, or at best an educated guess, just like on Wall Street. Whether 5% management fee is too much, too little, or just right, is ultimately for the individual investor or the market to decide.
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TheSwede75
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May 22, 2013, 04:33:50 PM |
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Show me a conventional mutual fund with dividends equal to Asicminer and I will give you a back rub with a happy ending!
That was never the issue. The issue is facts. I'm merely correcting the fact that not all mutual funds manage billions in assets. Point taken.
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miTgiB
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Du hast
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May 22, 2013, 04:53:42 PM |
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Show me a conventional mutual fund with dividends equal to Asicminer and I will give you a back rub with a happy ending!
That was never the issue. The issue is facts. I'm merely correcting his statement that not all mutual funds manage billions in assets. Some mutual funds charge a front-load, transaction fees, or 12b-1 fees. But not all. If you have a brokerage account, you can always take advantage of no-load, no-fee funds. So I'm not sure vortex1878's point reflects "most" funds. Past and current returns from AM have been stellar. Whether future returns are as good (or better) is pure speculation, or at best an educated guess, just like on Wall Street. Whether 5% management fee is too much, too little, or just right, is ultimately for the individual investor or the market to decide. But this discussion is on TAT micro shares, correct, and the management fee is 5% only on the dividends, so the management fee of other funds that charge on total assets under management are not comparable. Also, if you don't wish to pay the 5% fee on dividends, don't buy the TAT vehicle, just that simple, everyone can make their own intelligent choice, but the discussion doesn't belong in this thread, one of the TAT threads would be a more appropriate place.
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vortex1878
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May 22, 2013, 04:54:36 PM |
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Show me a conventional mutual fund with dividends equal to Asicminer and I will give you a back rub with a happy ending!
That was never the issue. The issue is facts. I'm merely correcting his statement that not all mutual funds manage billions in assets. Some mutual funds charge a front-load, transaction fees, or 12b-1 fees. But not all. If you have a brokerage account, you can always take advantage of no-load, no-fee funds. So I'm not sure vortex1878's point reflects "most" funds. Past and current returns from AM have been stellar. Whether future returns are as good (or better) is pure speculation, or at best an educated guess, just like on Wall Street. Whether 5% management fee is too much, too little, or just right, is ultimately for the individual investor or the market to decide. I agree on your point regarding a brokerage account. But I believe buying a TAT 1/100 PT on bitfunder etc. can be more compared to buying a fund in an ordinary custody account, and there you normally pay 5% issue surcharge.
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vortex1878
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May 22, 2013, 04:58:04 PM |
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Could this have to do with the bug in bitcoind that caused invalid blocks being generated?
I believe there was a fix for that only yesterday. And maybe ASICMiner have not yet applied that bugfix.
Could somebody who is not a n00b like me please answer my question?
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mithrandi
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May 22, 2013, 05:00:29 PM |
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The next transaction in the chain is this one: https://blockchain.info/tx-index/74252194One of the inputs to that transaction is https://blockchain.info/tx-index/74245888/0 which is still unconfirmed. Could this have to do with the bug in bitcoind that caused invalid blocks being generated?
I believe there was a fix for that only yesterday. And maybe ASICMiner have not yet applied that bugfix.
Could somebody who is not a n00b like me please answer my question? I don't see anything to suggest that this is a problem with invalid blocks, it's just a matter of unconfirmed transactions being used as inputs for other transactions.
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aahzmundus
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May 22, 2013, 05:10:53 PM |
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The next transaction in the chain is this one: https://blockchain.info/tx-index/74252194One of the inputs to that transaction is https://blockchain.info/tx-index/74245888/0 which is still unconfirmed. Could this have to do with the bug in bitcoind that caused invalid blocks being generated?
I believe there was a fix for that only yesterday. And maybe ASICMiner have not yet applied that bugfix.
Could somebody who is not a n00b like me please answer my question? I don't see anything to suggest that this is a problem with invalid blocks, it's just a matter of unconfirmed transactions being used as inputs for other transactions. Interesting, I have never seen that done before... I knew SOMETHING was up... just not what. If you send me an address I will gladly tip you.
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mithrandi
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May 22, 2013, 05:16:00 PM |
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Added an address to my signature
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DeaDTerra
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May 22, 2013, 05:16:40 PM |
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I have yet to receive my dividend. That is for approximately 18k Shares :8 Makes me a bit worried. //DeaDTerra
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AMuppInTime
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May 22, 2013, 05:24:16 PM |
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I can see the satoshis and the div payment transaction. But the div transaction is showing as "unconfirmed" while both transactions are 2-3 hours old... anyone else seeing this?
DeaDTerra did this ever occur in the past?
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DeaDTerra
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May 22, 2013, 05:25:45 PM |
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I can see the satoshis and the div payment transaction. But the div transaction is showing as "unconfirmed" while both transactions are 2-3 hours old... anyone else seeing this?
DeaDTerra did this ever occur in the past?
I think it happened to me before, I got the dividend like 12 hours after everyone else. //DeaDTerra
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bitman442
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May 22, 2013, 05:28:32 PM |
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Yeah, I got my Satoshis but not my div. payment yet. One strange thing though, the first time I opened my wallet it gave me an I/O error and closed. Restarted my computer and then it worked fine. Never seen it do that before. I'll check it after work in about 3 hours.
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astrolabe
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May 22, 2013, 05:30:44 PM |
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I can see the satoshis and the div payment transaction. But the div transaction is showing as "unconfirmed" while both transactions are 2-3 hours old... anyone else seeing this?
DeaDTerra did this ever occur in the past?
I think it happened to me before, I got the dividend like 12 hours after everyone else. //DeaDTerra Something similar happened here http://www.reddit.com/r/Bitcoin/comments/1eppnb/48_hour_unconfirmed_transaction_whats_wrong_here/ In the end the transaction vanished
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DeaDTerra
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May 22, 2013, 05:31:39 PM |
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It is not unconfirmed. It is not showing up at all. I will try to restart the wallet. //DeaDTerra
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BitAddict
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May 22, 2013, 05:38:29 PM |
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Same here, I can see satoshis, but not the dividends.
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helixone
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May 22, 2013, 05:42:09 PM |
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It is not unconfirmed. It is not showing up at all. I will try to restart the wallet. //DeaDTerra If you share the wallet address(es) you have on file with FC, people can help you troubleshoot this. (With the limited info you have shared, it's likely not a local wallet issue.) -helixone p.s. - Sharing the wallet addresses would be good for shareholders as well, since they can then verify that the PT shares are backed by real shares, and not stress the delayed divs.
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