3 ms·
Day 7 is 2% of the year. Is it not enough deterrent? If my portfolio is missing 2% growth per year I’d be pretty worrying
by charlieyu1 3y ago
Day 7 is 2% of the year. Is it not enough deterrent? If my portfolio is missing 2% growth per year I’d be pretty worrying
- atorodius 3y agoThet is not the same. it would be eg if you target 10% growth, the fines would be 2% of that so 0.2%
- charlieyu1 3y agoIt is though, instead of getting $100 they are now only getting 98% because they miss 7 days of revenue. And actually it is going to be much worse because we haven’t deducted operating costs to find profit
- zanellato19 3y agoOnly if this growth hadn't accelerated because of the actions that caused the fine. If those actions caused you a 10% increase, then 2% is nothing.
- globular-toast 3y agoEvidently not. But I'm not sure if such fines are supposed to be a deterrent or supposed to be to pay to fix the damage done. Somehow I think they are even further from covering the latter.