You are viewing a single comment's thread from:

RE: The combustion of the traditional economy

in LeoFinance3 years ago

The brokerage fees are quite high for normal trading, often with flat fees that will kill any small amount traded. I checked some a few years ago for a post and the highest minimum was something like 12 dollars per transaction. That excludes 80 percent of the world's population.

Sort:  

Part of the reason I gave up on learning more about the stock market, I bought some stock, it went up a good percentage for the time, so I sold it. after all was done. I made 2 dollars, the finance guy made 10 dollars each way, so racket I saw and stopped investing in Stocks.

it is a crazy system where the skimming means emptying the till.