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The relevant factor in short term asset holds is transaction costs. Whether you're buying stocks or houses. If you can account for them and make a profit anyway
by vinceguidry 9y ago
The relevant factor in short term asset holds is transaction costs. Whether you're buying stocks or houses. If you can account for them and make a profit anyway, you're making money. Generally you need a market edge to lean on.
But at the end of the day it's hustling in a zero-sum market. Holding on to your edge requires work. And doing the deals requires work. Not something you want to make a career out of if you value your sanity or free time.