Mmastodon BusinessPersonal Finance first seen 12 h ago, last 32 min ago, peak #3
Cost efficiency metric explained, with its limits
Original: Turbobulls' Cost efficiency is 1 minus (fees and taxes on your trades) divided by your gains. The honest limit: it can't
A personal finance explainer defines cost efficiency as one minus the fees and taxes paid on trades divided by trading gains. It notes the metric's honest limitation: it cannot capture a fund's own ongoing charge, which is deducted inside the fund price and never appears as a transaction, so investors are told to check the fund factsheet for that figure instead.
Why now: Investors are looking for clearer ways to measure the true drag of fees and taxes on returns.
Rank over time, top of the chart is #1. 2 snapshots from 1 h ago to 32 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/842107