They simply don't know that holding money under a metaphorical mattress can be
a real drag on their portfolio.
Not exact matches
Most clubs charge around $ 50 a month which adds up to $ 600 a year and a
drag of 2.4 %
on a
portfolio of $ 25,000 in
real estate.
No fees or trading costs are considered in these paper
portfolios, yet in the
real world they are a material
drag on investors» performance.