Re:Don't Steal Money from Day Traders Before They Lose It
by tlight on Saturday September 08, 2018 @10:01AM
(#17940834)
That's a pretty hefty fee when you compare relative to average annual returns. Plus the compounding nature of those costs is not insignificant. Jack Bogle (Vanguard) has a nice chapter demonstrating this in "The Little Book of Common Sense Investing".
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Re:Don't Steal Money from Day Traders Before They Lose It
by mabbo on Sunday September 09, 2018 @02:29PM
(#17947108)
It is. But like I said, I'm really lazy, haha. It works out to a few hundred dollars per year for me, which I'm willing to pay.
There's also discounts for referrals which helps lower it.