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It is pretty close to zero. Has anyone thought about how much a trade of a broadly traded security will cost them in recent times, or ever thought it would not
by lotsofpulp 3y ago
It is pretty close to zero. Has anyone thought about how much a trade of a broadly traded security will cost them in recent times, or ever thought it would not happen near instantly?
- esafak 3y agoHow frequently do you think most people make such transactions?
- lotsofpulp 3y agoI don’t know about individuals, but there are quite a few people exposed to transactions costs via 401k/IRA/taxpayer funded pensions/etc.
- vineyardmike 3y agoI haven't incurred a trade in a 401k in a decade. Sub-milli liquidity is absolutely unnecessary for me.
- cpitman 3y agoEven making deposits into the account incurs transactions. Sure, speed doesn't matter here, but overhead does.