The broker should not take(keep) tax. You should report it to IRS and pay the tax yourself. You are making a mistake in the calculation. If DIV is $600, you should get $600.
My humble opinion is that market was feeling pressure because of debt ceiling but everyone was considering it a done deal. Now that inflation is rising again and fed might increase interest in its june meeting, market will be back to normal and will consider real issues and pressure and will...
Most probably in 5 years later there will be no ARKK or there will be a 10/1 reverse split and it will be around $140.
If she comes to EliteTrader as anonymous and reports her trading ideas, everyone will laugh at her and will call her retarded.
By Speculative you mean like throwing a dart by a monkey? No money management? nothing?
All traders had an about 150% gain in one year at some point before they blew up their account
Do you mean she is scrambling the market to find the next stock which will drop 70% in the next couple of days so she can add it to ARKK? The rule should be you can not $&%F with people's money. I am sure her own money is in 10-year treasury bills.
Another note: ARKK is not an individual stock that you can buy it at low. ARKK at 145 and ARKK at 49 are two different animals. The first one had A, B, C D as elements. The second one has H,K,J,Z.
Cathie Wood is 21st-century fraud. I want to know what she is exactly owning in a day such today that everything is up 2%, ARRK is down 3% !!!!. I believe security should have a rule and not allow individuals with less than 10 years of a track record to invest more than 100M of people's money.
The current drop in the market because of fear of war will freeze some of the buying powers in the retail sector which will tame inflation and as a result Fed will need to reduce the steps needed to increase interest rates which will cause some bullishness in the market.
From what I have experienced. Greed is slow and long term but Fear is short term but more powerful like a hurricane. It destroys what Greed has built in a long term