Invest
Transaction Cost – Are you a trader or an investor?
By The Sleepydevil's Adventure  •  October 5, 2017
Transaction cost? Brokerage Fees/Commission?? Oh well. They're indeed annoying to everyone, and especially much to nano retail investors like me! Sourcing for the cheapest brokerage fees is definitely important, but hold on.. are you investing or trading? Let's take a look, shall we? Investing VS Trading: Investing and trading are two different methods to take profit of the financial market. Everyone in the stock market wants to make money. So what are the differences? Investors Investors tends to buy and hold a portfolio of stocks for a long period of time and uses the effect of compounding or reinvesting into another stock to enhances their wealth. As such, an investors uses time to makes money for them. This is also known as 'Time in the market.' Investors believe in long-term prospects of the company, as such they do not check the prices of stocks they're holding every minute, hour, days or weeks. Investors buys a company ......
Read the full article
By The Sleepydevil's Adventure
I'm a kid born in 1998. At this moment of writing this, I'm age 19 20 and currently a 3rd year student in a local polytechnic awaiting for conscription. I will be working towards the goal of achieving financial freedom and escaping the rat race. I've embarked on the financial journey in 2017 with money I've earned from my part time jobs and savings that I'm able to amassed from occasions such as the Chinese New Year.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance