Enron, weather derivatives, LIBOR scandal, MF Global. A whole bunch of insanity that went on for years totally unnoticed. Oh, until it was completely obvious. People don't know anything about what's happening behind the scenes and quite frankly, they don't give a damn. Poor suckers.
The Money GPS Can't wrap my head around it . Sound's deceptive and illegal . if you got two apples , then time's them by one Orange - You got one Orange . Never understood what happened with those two apples ?
I was going to make a more condensed video, put them into point form notes, do a presentation, split the images, etc. The article broke it down well enough so I basically read it. This isn't something I do in this depth. Usually I just touch on a point or two from an article. This was very different because you get to learn about ETF's as well as what's happening behind the scenes. I hope you appreciate it.
D.Q. …………..any time you can inform us on the tax avoiding antics of the rich and infamous , please do so I FEEL SO MUCH SMARTER !!!!!!!!!!!!!!! TAKE THE TIME.
Seems as though you have to be criminal when in the stock market these days. What may be legal on paper can be immoral and unethical to the rest of us.
this is why I am against the approval of a BTC ETF. this is plain manipulation of markets for the upper echelon who wish to control the outcome of every financial position.
Thank You David... As We Say Here In Quebec In French. "They EAT Their Money". Money Hungry People Do Not Ever Forget You Can NOT Buy Good Health. Without Your Good Health Life Is Not So Great...
liyah1234321234 the US borrows billions to give interest free in exchange israeli lobbyist give politicians millions. This is not including all their wars we fight
Excellent video!! Didn't know about the tax law for ETFs. Keep it up!! What about some video(s) on municipal bonds. I live in Syracuse NY and there is a lot of spending going on but the city looked into what happens if it goes bankrupt a few years ago.
@@TheMoneyGPS Also Wallstreet can do no wrong! No jail time to any of them either! You know what is funny? People get so angry about unjustice on one thing but totally ignore others lol! 😂.
When you talk SO FAST, i feel like you are talking AT ME. If classrooms were like this, alot of understanding would go by the way-side. Even cooking shows don't go 100 MPH, and they have light content. LOVE YOU -
a friend once said that in order to be successful in business one needs to "bend the laws". I have always called bull. Don't tell me that if the people building the corporations have sold their soul for extra profit. I'm here to change the business model for the better, and do it legally.
The holders of the ETF will pay the capital gain when they sell the ETF for a profit. Why should the ETF itself be forced to pay tax on realized gains too? I believe that is the logic behind allowing this tax strategy by the ETF. In a competitive market, which ETFs definitely are, it's not like the issuer can just pocket this benefit...
Great explanation! Very interesting - my financial education continues and the doom we face from the dominance of the Military / Industrial / Financial-Banking / Intelligence complex gets closer . .
I'm thinking cas out of market convert to gold/silver & boogie to mexico pacific coast. Our system is so corrupt & watching MsM news just makes me ill & want to puke.
an ad for "plated" greeted me. i cook everything from scratch. our households were better off when some one stayed home and did all the food preparation from scratch, produced and mended clothing. and kept the place clean and safe. instead of fast food that is destroying the consumers and the environment from which it comes, we would have a healthy society. so, tell PLATED to piss off for me, please.
Question? How is the tax liability passed on to the investor that owns ETF's? Yes he will have S or L term capitol gains when sold. Anything else if the tax liability was AVOIDED?? Are these heartbeats applicable to losses? Is it any different than a mutual fund?
Trump should be impeached for begging everyone to buy into his stock market ponzi last December. Trump sits idly back and goes on like the economy and the stock market are correlated one to one. The real reason he ran for the presidency was to rig everything for himself and his banker buddies so they make all the money and the bag holders in the end lose everything.
@@parkerbohnn if you listened to Candidate Trump, he explains exactly what is going on and how bad things really are. President Trump needs to keep this giant scam going a while longer. His investment advice in December was good. You'd have a gain if you did as he suggested. I'm hoping he's making moves that will help the American people but there's not a lot we can do about it. You're much better off guarding yourself and your family against the coming disaster. The politicians have already confirmed they will do nothing until the collapse. When the collapse does happen, they won't do anything to help the people. They will however lock us down some more to further enslave us. Be prepared for our "leaders" to hurt us.
What this amounts to is a non-taxable barter system (transactions "in kind") among fund advisers and brokers, where brokers need to maintain an inventory of securities -- John Q. Investor would be advised not to hold his breath for the big payout anytime soon. I expect that an undisclosed motivation is the ongoing churning of fees related to the transfer of securities that can be written down as operational expenses to offset tax liability as well (wonder how many times the same security is flipped). Oh, and it creates the fiction of greater liquidity of securities than actually is the case, another win. Good to know the entrepreneurial spirit is alive and well in America!! ;)
They are creating shares to warehouse because they exist in a limbo of not being cleared but .....check kiting shares? When a short sell comes in the transaction can look like a buy instead of a sell? I have been wondering about this? Thank you . I like short term treasury bills thank you . ETF focus on a different scope. Cheers.
Q: UVXY was trading at 240,700,000.00/Share in 2011. This is an UltraVIX Short Term ETF. Is the selling price, which rapidly has gone up and down in value dramatically over the years relative to Heartbeat trading? Or are the rapid swings in price because it is a volatility index fund? Full disclosure: I bought 12 Shares today st 36.63/Share. Curious in CT
Tax dodging is why this country is in trouble , should have known the same banks we bailed out are doing scheems ! Sounds like scheems stay ahead of honesty or legislation . I was querius how the financial power players appreciate Money GPS calling them out on there sneeky dealings. And you telling the public? I must say we appreciate you , It's very informative thank you .
This is a good thing isn't it? If it weren't for heartbeats, longterm ETF investors wouldn't have the advantage of easily diversifying their portfolio or tracking an index while keeping longterm capital gain taxes low. The alternative is picking all your stocks yourself which involves extra expense and risk. Not sure why this is a such a bad thing.
You say we the small investors don't benefit but don't we benefit by extremely low expenses? If they were having to pay these taxes wouldn't they just pass it on to the small investors by way of much much higher expenses?
Another scam, hell you don't even own any shares they are held in street name. You just have a account with pretend shares then they can cash you out at any time, or bail you inn to save another fund in the same brokerage.
Almost seems like a fraud also keeping the etf holders from realizing gains as well. I like my investments simpler than these ETFs anyways. These and Index funds do create good opportunity though for buying on the cheap
This sounds a lot like skimming, I wonder how stock performance maps to this activity. My guess is that a "class" of stocks, say FANG, in a larger tech ETF appreciates above some threshold, these stocks are dropped and the ETF is depreciated, the ETF loss is realized by the ETF investors and when the fund repurchase of these stocks happens with no appreciable in the fund. Does that sound right to you?
So let me get this straight, these guys are taking advantage of a tax loophole and this is somehow surprising to you? Taxes are insane anyway, good for them and their investors that they can game the system. It truly is a terrible thing that Uncle Sam isn’t getting his title to pay for his ever increasing budget.
The Money GPS ETF service fees are extremely low though, I reckon this is one of the reasons why. So in effect, savings are being passed on to the investor in that sense.
ok... I'm new to the stock market but like I was watching stocks all day back in like 2017 and do that now and I have seen what appeared to be this behavior... I assume it was because I was watching HMNY in like late 2017 and I would see random days, massive shares being sold and had no clue what it was and it turned out to be HMNY selling shares to pay for movie stubs.... I'm just going to trust my eyes when I watch these stocks...
Don't bother me I have no money in the stock market's nor do I plan to put any in there just like I have no money in the bank or credit card so I have no deck sorry you guys again...
So exactly what is amiss hear. All the actions described in this video benefit the shareholder. They get to avoid paying capital gains taxes at the end of the year. It has created an industry that allows investors to take advantage of lower fees provided by these ETF's. You are trying to say AH HA busted when all you do is point out how these transactions are of 100% benefit to the shareholders in the ETF.
I agree. 👍🏻 ETFs generally have lower fees and expenses than mutual funds, can offer similar instant diversification, and can pay dividends, _but_ the big differences (aka "secret sauce") are the intraday liquidity, lack of lockup periods, and the fact that the investor can employ risk-management tools like stops and/or Options. Mention those last three to a mutual fund portfolio manager or 401k administrator, and the odds are that they'll quickly change the subject. 😁🤣
Enron, weather derivatives, LIBOR scandal, MF Global. A whole bunch of insanity that went on for years totally unnoticed. Oh, until it was completely obvious. People don't know anything about what's happening behind the scenes and quite frankly, they don't give a damn. Poor suckers.
True. Lot's going on.
I care.
Are u gonna sell ur 7 shares of Amazon before the big market crash
Do you have any other videos on "manipulation"??? (Lira, Precious Metals, buy-backs) Keep doing what you do!!!
The Money GPS Can't wrap my head around it . Sound's deceptive and illegal . if you got two apples , then time's them by one Orange - You got one Orange . Never understood what happened with those two apples ?
Imagine how amazing our world would be if journalists actually did the research you do ❤️
I was going to make a more condensed video, put them into point form notes, do a presentation, split the images, etc. The article broke it down well enough so I basically read it. This isn't something I do in this depth. Usually I just touch on a point or two from an article. This was very different because you get to learn about ETF's as well as what's happening behind the scenes. I hope you appreciate it.
It's great.. more please, my brain likes it😂 thanks $GPS
I liked the way you did this!
Thank you, sir! I'll give you a week's worth of food, if you need it in SHTF.
D.Q. …………..any time you can inform us on the tax avoiding antics of the rich and infamous , please do so I FEEL SO MUCH SMARTER !!!!!!!!!!!!!!! TAKE THE TIME.
I came here for the truth, and the truth is technical.
You can never bore me, Mr. GPS Man, a day without the daily " The Money GPS " financial news report show... is like a day without sunshine !!!
If I eat too much spicy food, I almost always have nightmares about ETFs.
NOW, I'm going on a fast and raising my stops.
Your hard work is much appreciated David
Thank you.
Unreal! Thanks for digging this one up and sharing! 👍
Nice work buddy! Your doing a good job of exposing evil.
I haven't even started watching and my head already hurts.
That's just criminal
Seems as though you have to be criminal when in the stock market these days. What may be legal on paper can be immoral and unethical to the rest of us.
As always thank you. Well done.
Well, truth be told, one could have titled this "ONE of Wall Street's Dirty Little Secrets Revealed"!
True
Well... is anyone surprised? Trump tax law let's billionaires write off private planes but a union worker can't deduct his welding helmet anymore.
@Kyle V The wealthy taking care of themselves at the people’s expense? You don’t say...
this is why I am against the approval of a BTC ETF. this is plain manipulation of markets for the upper echelon who wish to control the outcome of every financial position.
Thanks for posting, was waiting for something good on RUclips.
Actually I was waiting for you to post something on RUclips
When funds make a distribution on gains you may be paying taxes on gains you didn't actually realize. It goes both ways.
Hi, this is a very interesting video! Thank you for pointing this out! You have a lot of great content and very interesting topics. Thanks again! Matt
Thank you
Wow off the chain 'business' dealings. Thanks for the heads up.
Interesting, good research thanks!
Excellent information and analysis...the workers of iniquity will face judgement....keep up the good work
Thank You David... As We Say Here In Quebec In French. "They EAT Their Money". Money Hungry People
Do Not Ever Forget You Can NOT Buy Good Health. Without Your Good Health Life Is Not So Great...
I thought etf meant extreme trading fraud?
Wow. Your research is invaluable. Wow. Just wow.
Thank you
Rothchild central banking system, always gets the last chair, in their game of musical chairs! Gallows or bust!
You Got That Right. The Rothchild Family Is Worst Than A Whore For Money
and why the heck are we supporting Israhell??? we give them free money for what???
Not with the new GSR roll out on Monday
MGTOW your name fits this comment
liyah1234321234 the US borrows billions to give interest free in exchange israeli lobbyist give politicians millions. This is not including all their wars we fight
Excellent video!! Didn't know about the tax law for ETFs. Keep it up!! What about some video(s) on municipal bonds. I live in Syracuse NY and there is a lot of spending going on but the city looked into what happens if it goes bankrupt a few years ago.
Corruption is rotten to the core. Man has driven man to his injury!
"The love of money is the root of all evil."
Thank you for keeping us informed!
Appreciate you watching.
@@TheMoneyGPS Also Wallstreet can do no wrong! No jail time to any of them either! You know what is funny? People get so angry about unjustice on one thing but totally ignore others lol! 😂.
When you talk SO FAST, i feel like you are talking AT ME.
If classrooms were like this, alot of understanding would go by the way-side.
Even cooking shows don't go 100 MPH, and they have light content.
LOVE YOU -
Wow..imagine if the people on Main St did this to avoid taxes...Jail 10-20
Why would the change of this law bring about a major sell off in ETF-s?
Fantastic material
a friend once said that in order to be successful in business one needs to "bend the laws". I have always called bull. Don't tell me that if the people building the corporations have sold their soul for extra profit. I'm here to change the business model for the better, and do it legally.
Getting my dosage of the thruth this Sunday! Thank you!
Appreciate you watching.
I’m thinking you need a daily segment on mainstream media. You really are that good.
Thank you. Though I don’t think the people would like the truth!
Appreciate the graphic at the end!
This is insanity! Can it only be with stocks, what about treasury bond ETFs?
Thank you, Very informative, Good work Done, Catch you on the Next one,
Thank you.
Worldcom
The holders of the ETF will pay the capital gain when they sell the ETF for a profit. Why should the ETF itself be forced to pay tax on realized gains too? I believe that is the logic behind allowing this tax strategy by the ETF. In a competitive market, which ETFs definitely are, it's not like the issuer can just pocket this benefit...
I came here for the truth!
Great explanation! Very interesting - my financial education continues and the doom we face from the dominance of the Military / Industrial / Financial-Banking / Intelligence complex gets closer . .
Wallstreet
Gordon Gekko
Greed is good?
I'm thinking cas out of market convert to gold/silver & boogie to mexico pacific coast.
Our system is so corrupt & watching MsM news just makes me ill & want to puke.
I'm sure the eagle-eyed Securities and Exchange Commission is putting a posse together right now to rout out these varmints, pilgrim!
an ad for "plated" greeted me. i cook everything from scratch. our households were better off when some one stayed home and did all the food preparation from scratch, produced and mended clothing. and kept the place clean and safe. instead of fast food that is destroying the consumers and the environment from which it comes, we would have a healthy society. so, tell PLATED to piss off for me, please.
Holy shit.... this is huge!
Where is the TRUF
They rule the world so the way it is!!!
Question? How is the tax liability passed on to the investor that owns ETF's? Yes he will have S or L term capitol gains when sold. Anything else if the tax liability was AVOIDED?? Are these heartbeats applicable to losses? Is it any different than a mutual fund?
taxation is theft
not paying taxes is noble and brave
thank-you!
Probably the best video in a while.
Thanks for the great content!
Sounds good 👍😊
second post! Wall st. is rigged
Trump should be impeached for begging everyone to buy into his stock market ponzi last December. Trump sits idly back and goes on like the economy and the stock market are correlated one to one. The real reason he ran for the presidency was to rig everything for himself and his banker buddies so they make all the money and the bag holders in the end lose everything.
@@parkerbohnn At this moment the people who got in are up some - take profits and run may be a wise choice.
@@parkerbohnn if you listened to Candidate Trump, he explains exactly what is going on and how bad things really are. President Trump needs to keep this giant scam going a while longer. His investment advice in December was good. You'd have a gain if you did as he suggested. I'm hoping he's making moves that will help the American people but there's not a lot we can do about it. You're much better off guarding yourself and your family against the coming disaster. The politicians have already confirmed they will do nothing until the collapse. When the collapse does happen, they won't do anything to help the people. They will however lock us down some more to further enslave us. Be prepared for our "leaders" to hurt us.
You need a real leader. Jesus Christ is going to rescue His followers. Turn from sin and accept the free Gift of Salvation to escape what's coming.
Stock futures are looking great for Monday! Everything must have been fixed in the world over the weekend!!
Interesting almost like a 1031 exchange in real estate
What this amounts to is a non-taxable barter system (transactions "in kind") among fund advisers and brokers, where brokers need to maintain an inventory of securities -- John Q. Investor would be advised not to hold his breath for the big payout anytime soon. I expect that an undisclosed motivation is the ongoing churning of fees related to the transfer of securities that can be written down as operational expenses to offset tax liability as well (wonder how many times the same security is flipped). Oh, and it creates the fiction of greater liquidity of securities than actually is the case, another win. Good to know the entrepreneurial spirit is alive and well in America!! ;)
Your books are excellent. They complement perfectly Dr Thomas Sowell's Basic Economics and Dave Ramsey's The Total Money Makeover.
Thank you for the support!
You're welcome.
Don't compare him to Dave dinosaur Ramsey-that's an insult.
Any perspectives on hidden expenses on ETF that retail investors don't know about?
You're one highly caffeinated dude.. haha. 👍. Keep up the good work.
They are creating shares to warehouse because they exist in a limbo of not being cleared but .....check kiting shares? When a short sell comes in the transaction can look like a buy instead of a sell? I have been wondering about this? Thank you . I like short term treasury bills thank you . ETF focus on a different scope. Cheers.
TY D
Q: UVXY was trading at 240,700,000.00/Share in 2011.
This is an UltraVIX Short Term ETF. Is the selling price, which rapidly has gone up and down in value dramatically over the years relative to Heartbeat trading? Or are the rapid swings in price because it is a volatility index fund?
Full disclosure: I bought 12 Shares today st 36.63/Share.
Curious in CT
Tax dodging is why this country is in trouble , should have known the same banks we bailed out are doing scheems ! Sounds like scheems stay ahead of honesty or legislation . I was querius how the financial power players appreciate Money GPS calling them out on there sneeky dealings. And you telling the public? I must say we appreciate you , It's very informative thank you .
Classic Wall Street. 😄
interesting, thank you
Great peek at fraud business model
This is a good thing isn't it? If it weren't for heartbeats, longterm ETF investors wouldn't have the advantage of easily diversifying their portfolio or tracking an index while keeping longterm capital gain taxes low. The alternative is picking all your stocks yourself which involves extra expense and risk. Not sure why this is a such a bad thing.
You say we the small investors don't benefit but don't we benefit by extremely low expenses? If they were having to pay these taxes wouldn't they just pass it on to the small investors by way of much much higher expenses?
Another scam, hell you don't even own any shares they are held in street name. You just have a account with pretend shares then they can cash you out at any time, or bail you inn to save another fund in the same brokerage.
Wall Street racket..I would rather sit on my stack and chill...
just in time to watch it all collapse because of......... lol
Money
GPS
The Money GPS lol
They are criminals but they are innocents because they are super rich 😐
Almost seems like a fraud also keeping the etf holders from realizing gains as well. I like my investments simpler than these ETFs anyways. These and Index funds do create good opportunity though for buying on the cheap
The stock market is a con artist playground, if I want to gamble away my money I'll go to Vegas!!!
Shake every last penny out of the little investor for the big boys benefit!
This sounds a lot like skimming, I wonder how stock performance maps to this activity. My guess is that a "class" of stocks, say FANG, in a larger tech ETF appreciates above some threshold, these stocks are dropped and the ETF is depreciated, the ETF loss is realized by the ETF investors and when the fund repurchase of these stocks happens with no appreciable in the fund. Does that sound right to you?
So let me get this straight, these guys are taking advantage of a tax loophole and this is somehow surprising to you? Taxes are insane anyway, good for them and their investors that they can game the system. It truly is a terrible thing that Uncle Sam isn’t getting his title to pay for his ever increasing budget.
Investors don’t get the benefits. When they sell, they pay tax. It’s the banks that get to benefit.
The Money GPS ETF service fees are extremely low though, I reckon this is one of the reasons why. So in effect, savings are being passed on to the investor in that sense.
ok... I'm new to the stock market but like I was watching stocks all day back in like 2017 and do that now and I have seen what appeared to be this behavior... I assume it was because I was watching HMNY in like late 2017 and I would see random days, massive shares being sold and had no clue what it was and it turned out to be HMNY selling shares to pay for movie stubs.... I'm just going to trust my eyes when I watch these stocks...
Do you think it will crash when it reaches 23 trillion...Im not massive into the numbers thing, but they do like the number 23 don't they.
Etf can go to zero good video
If you want a good laugh, change the setting: speed to 2x or even .25x on this video.
I always watch these vids in 2X speed. Honestly. I can get through a lot more analysts videos that way and still get all of the content.
You came here for my ETF so, with it, let me unvail you.
I came here for the Janet Yellen.
@@TheMoneyGPS
The yelling Janet? Lol. So true.
Don't bother me I have no money in the stock market's nor do I plan to put any in there just like I have no money in the bank or credit card so I have no deck sorry you guys again...
He doesn't want to bother you sir, so please unsubscribe.😂
@@surfside75 I want to bother him and all you doomsday so-called channels like this you claimed Wells going to end the world going to end
zero from zero..
Hey this is only the beginning of trump’s reckoning, not that it would’ve been any better with Hillary, to hell with all these politicians.
You're late on that. I found out 2 years ago 😂
I found out 3 years ago
@@TheMoneyGPS savage!! that would've helped me with my stock market game 😭
So exactly what is amiss hear. All the actions described in this video benefit the shareholder. They get to avoid paying capital gains taxes at the end of the year. It has created an industry that allows investors to take advantage of lower fees provided by these ETF's. You are trying to say AH HA busted when all you do is point out how these transactions are of 100% benefit to the shareholders in the ETF.
I agree. 👍🏻
ETFs generally have lower fees and expenses than mutual funds, can offer similar instant diversification, and can pay dividends, _but_ the big differences (aka "secret sauce") are the intraday liquidity, lack of lockup periods, and the fact that the investor can employ risk-management tools like stops and/or Options.
Mention those last three to a mutual fund portfolio manager or 401k administrator, and the odds are that they'll quickly change the subject. 😁🤣