Business
Business, 21.12.2019 03:31, OIFvet

You have a $102000 portfolio comprising 16 stocks. you trade each stock five times this year and each time you trade, you pay about $30 in commissions and spread. you have no special knowledge, so you earn only the average market return of 14% on your investments. how much lower will your total return be because of your trades?

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You have a $102000 portfolio comprising 16 stocks. you trade each stock five times this year and eac...

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