A wise investor should be aware of the fact that transaction costs are critical for him. At the end of the day, they can potentially add up to a substantial amount
November 10, 2021 / 08:58 AM IST
“Cost of transactions” is the low-key amber light that can turn into a fierce red on a typical Indian road at a moment’s notice — a minor irritant or a constant bother, depending on how you drive your vehicle. However, woe betide you if you are like most terrible drivers keen only on acceleration, traffic signals be damned.
Let’s take the analogy forward to the world of investments, where a whole set of fees, brokerages, commissions, exit loads and sundry…
