Wednesday, June 29, 2016

At what point is buying stock not even worth the transaction cost?

To clarify: if it costs me $7 to buy 7 shares at $10 then I need the stock to go up by like 10% just to make the transaction cost back. Is there a general rule of thumb at what percentage you want the transaction cost to be of the total investment?



Submitted June 29, 2016 at 02:08PM by BeardedThor http://ift.tt/29pWwBq

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