April 15, 2019
Apologies for not posting as often, have been and will be busy for the next few weeks. In the meantime, here are some things I found interesting over the past few weeks.
Quotes from a private banker:
Source: Straits Times Source: Straits Times
Interesting that he does not mention any monetary investment (stocks etc). What does this say about the actual ‘action’ of investing vs the ‘behind the scenes’ aspects of investing?
Shows the importance of actually tracking your results. All theses fees really add up and make your broker happy.
Also, one advantage investors have over traders. My transaction fees are <2% of my profits (realized + unrealized + dividends). Do you track your results? How much are fees eating into your returns?