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If you're holding for a pension, wouldn't a wider spread affect you less than any single other market participant? Like a 1 cent different due to spread isn't g
by trophycase 7y ago
If you're holding for a pension, wouldn't a wider spread affect you less than any single other market participant? Like a 1 cent different due to spread isn't going to matter in 30 years?
- growse 7y agoIf I'm holding a pension, I'm paying in regularly to a fund that's managed over a long period of time. If they manage it actively and trade it a lot over 30 years, 1 cent a time will add up.
- FabHK 7y agoThat's not what they're doing, though. The costs will likely be minimal. Spreads used to be much higher, sure, but that was not because there were no HFT shops around back then.