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If you would trading daily and randomly, trading cost alone can kill your capital after a few years. Hence my biggest concern would be the percentage charged fo
by beyondCritics 2y ago
If you would trading daily and randomly, trading cost alone can kill your capital after a few years. Hence my biggest concern would be the percentage charged for trading.
- HenryBemis 2y agoThis. I'm a Dave Ramsey fan, and I practice the "buy monthly and keep forever". If it drops, it's even better/cheaper (only 'trustworthy' assets - lately I've added India to the mix). Daily trading makes the broker rich; (my) preferred way is the Dollar-Cost-Averaging of buying some 'trustworthy' assets and keep them for 10-20-30 years (when I will need them in my later-later years and/or pass them down to the next gen).