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Re:New York Discovers Wall Street Charges Fees by sillysaurus3 on Friday April 10, 2015 @12:08AM (#9352528)
It's difficult to follow a market without losing money. I tried once, which was enough to learn that much.

The market generally has been growing for a long time, with 2008 being a notable exception. If you've been growing money at market pace, then historically you've been doing pretty well.

Re:New York Discovers Wall Street Charges Fees by dlubarov on Friday April 10, 2015 @04:01AM (#9353017)
How come? Wouldn't you have a very low turnover rate since you'd generally only buy during new offerings, and not trade at all in response to valuation changes?