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Comment by maest

5 months ago

You pay the spread and you also have impact in the market.

2 comments

maest

Reply

intuitionist  5 months ago

If you’re trading US large-cap stocks at low frequency these are not really material costs for even a wealthy retail investor. Certainly not next to taxes.

  • eru  5 months ago

    The spread is a material cost, but the market impact is negligible for retail investors, yes.

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