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Yes, the tax can be thought of an extra expense ratio. Same impact on you, at the end of the day.
by lateforwork 11mo ago
Yes, the tax can be thought of an extra expense ratio. Same impact on you, at the end of the day.
- krageon 11mo agoIt can be thought of the same way, but not from the perspective that's under discussion. As such it doesn't really add anything except a new perspective. Why are you introducing it, what does it add?
- lateforwork 11mo agoYou don't have to worry about tax implications when timing stock sale.
- Volundr 11mo agoCalling the expense ratio a tax is like calling the labor cost of your car repair a tax. The expense ratio is what the fund manager is charging to cover their labor and expenses. It's not a tax on the transaction going to the government.
- lateforwork 11mo agoNo, I am saying the tax is like an additional expense ratio.
- Volundr 11mo agoAh, that makes more sense. Sorry I was not getting there from the original comment.