Growth

Rich and Co.

Commissions the Individual Investor Penalty

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“For their discount broker …spread plus commission costs amounted to a sizeable 4% on a round-trip basis with a turnover rate similar to mutual funds. Hence, if there were any under-performance of households relative to institutional investors…it was most likely due to higher commissions paid by households as spread costs were similar.”

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Written by Rich and Co.

March 13, 2017 at 6:13 pm

Posted in Uncategorized

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