Mmastodon BusinessPersonal Finance first seen 2 d ago, last 1 d ago, peak #3

Turbobulls explains cost efficiency metric for traders

Original: Turbobulls' Cost efficiency is 1 minus (fees and taxes on your trades) divided by your gains. The honest limit: it can't

Personal finance writer Turbobulls has broken down its 'cost efficiency' measure, defined as one minus the fees and taxes paid on trades divided by total gains. The author notes the metric's honest limitation: it cannot capture a fund's own ongoing charge, because that is deducted inside the fund's price and never shows up as a transaction. Investors are directed to the fund factsheet for that figure.

Why now: Investors are discussing how to account for hidden fund charges when calculating the true cost of their trades.

Turbobulls

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• Turbobulls' Cost efficiency is 1 minus (fees and taxes on your trades) divided by your gains. The honest limit: it can't see a fund's own ongoing charge, because that's taken inside the fund's price and never appears as a transaction. For that one, read the factsheet. On… · turbobulls · 1

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