Assuming active investing expenses are 2 % (some may be more, some may be less, but certainly none will be less than the passive investing expenses because of management fees and higher
trading costs etc), then the active group would have made 10 % - 2 % = 8 % on average.
These expected returns don't account for taxes or portfolio fees (fund charges, platform fees,
trading costs etc)-- your number should.
Not exact matches
Liquidity providers in option markets prefer to hedge mostly with other options, hedging residual greeks with other assets such as the underlying, volatility, time, interest rates,
etc because
trading costs are lower since the two offsetting options hedge most of each other out, requiring less
trading in the other assets.
Chapter 6 —
Costs — Share Trading This chapter examines all the costs and charges that can affect the average investor trading in shares (trading commissions, stamp duty, taxation,
Costs — Share
Trading This chapter examines all the costs and charges that can affect the average investor trading in shares (trading commissions, stamp duty, taxation
Trading This chapter examines all the
costs and charges that can affect the average investor trading in shares (trading commissions, stamp duty, taxation,
costs and charges that can affect the average investor
trading in shares (trading commissions, stamp duty, taxation
trading in shares (
trading commissions, stamp duty, taxation
trading commissions, stamp duty, taxation,
etc).
Given that, if one wants freedom of choice and an efficient market, shouldn't one accept a market solution (tax / credit or analogous system based on public
costs, applied strategically to minimize paperwork (don't tax residential utility bills — apply upstream instead), applied approximately fairly to both be fair and encourage an efficient market response (don't ignore any significant category, put all sources of the same emission on equal footing; if cap /
trade, allow some exchange between CO2 and CH4,
etc, based CO2 (eq); include ocean acidification,
etc.), allowing some approximation to that standard so as to not get very high
costs in dealing with small details and also to address the biggest, most - well understood effects and sources first (put off dealing with the
costs and benifits of sulphate aerosols,
etc, until later if necessary — but get at high - latitude black carbon right away)?
DigiBank armed with its 3 comparative advantages — full digitalization, faster processing speed and lower transaction
cost — provides peer to peer banking and financial services such as personal deposit and withdrawals, international remittances, FIAT and cryptocurrency
trading,
etc as well as wealth management services such as micro-financing, business loans, project crowdfunding,
etc..
GateHub's
trading fees range from 0.2 % to 0.3 % per transaction (the
cost of changing BTC to XRP is listed as 0.2 %, ETH to XRP is 0.3 %, same as Dash,
ETC, REP, and all other coins with the exception of QAU).
During the first day of
trading on Poloniex,
ETC cost dropped by more than 80 %.