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Ignoring tax implications is a much, much bigger problem for your argument than ignoring brokerage fees.
by trevyn 10y ago
Ignoring tax implications is a much, much bigger problem for your argument than ignoring brokerage fees.
- sokoloff 10y agoIndeed. Even execution slippage is greater than brokerage fees for a reasonable sized round-trip trade at a discount broker.
- floatrock 10y agoSure, the real world inhabited by the pro's is complicated, but the point is when we're first learning the fundamentals, we assume an idealized frictionless plane.