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If you're a buy and hold investor why does it matter if your occasional transaction costs $10?
by cheerlessbog 7y ago
If you're a buy and hold investor why does it matter if your occasional transaction costs $10?
- jldugger 7y agoCuz that's all that's left to optimize. If you've got a spare thousand to shift into brokerage, 10 bucks is a hefty 1 percent fee.
- trustfundbaby 7y agoBecause it's $10 that I could be using to buy actual stock and not gifting it to some broker for basically doing nothing.
- cheerlessbog 7y agoI guess to me that $10 is a suggestion that they are competing on execution price instead of transaction fee.