No. of Recommendations: 3
Perhaps you shouldn't make such assumptions--for example, in a portfolio of over $1 million, one can easily make 120 trades per year without it 'costing' money in the long run...

I don't think anyone should be making 120 stock trades per year. Commissions, the bid/ask spread, your time, and taxes add up. If you've got a $1MM portfolio, I hope you've got a diversified portfolio of 15 stocks, and have a turnover or 20% or so- that would be 3 trades per year.

Everyone I know who made millions in the stock market did it by buying and holding for the long term and keeping costs down.
Print the post  


The Retire Early Home Page
Discussion on accelerating retirement day.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.