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Re:Remembering Bell Labs as legendary idea factory prepares ... by lotsofpulp on Sunday January 21, 2024 @12:55PM (#39080776)
It is pretty close to zero. Has anyone thought about how much a trade of a broadly traded security will cost them in recent times, or ever thought it would not happen near instantly?
Re:Remembering Bell Labs as legendary idea factory prepares ... by esafak on Sunday January 21, 2024 @02:55PM (#39082343)
How frequently do you think most people make such transactions?
Re:Remembering Bell Labs as legendary idea factory prepares ... by lotsofpulp on Sunday January 21, 2024 @06:31PM (#39084157)
I don’t know about individuals, but there are quite a few people exposed to transactions costs via 401k/IRA/taxpayer funded pensions/etc.
Re:Remembering Bell Labs as legendary idea factory prepares ... by vineyardmike on Sunday January 21, 2024 @07:30PM (#39084600)
I haven't incurred a trade in a 401k in a decade. Sub-milli liquidity is absolutely unnecessary for me.
Re:Remembering Bell Labs as legendary idea factory prepares ... by cpitman on Monday January 22, 2024 @08:44AM (#39089431)
Even making deposits into the account incurs transactions. Sure, speed doesn't matter here, but overhead does.