Mmastodon BusinessPersonal Finance first seen 6 h ago, last 1 h ago, peak #3
Investors told to check fund fees beyond trade costs
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 is drawing attention to how to measure cost efficiency in investing: one minus the fees and taxes paid on trades divided by total gains. The catch is that this formula misses a fund's ongoing charge, since that is deducted inside the fund's price and never shows up as a separate transaction. Investors are being told to read the fund factsheet to capture that hidden cost.
Why now: Investors are looking for clearer ways to account for hidden fund charges that standard trade-cost calculations miss.
Rank over time, top of the chart is #1. 5 snapshots from 6 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/842107