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Money

See what trading often costs

Use a fictional trading record in invented units to add up what each trade costs, then compare the result with simply holding.

The “Trading Is Hazardous to Your Wealth” study66,465 households at a large discount broker, 1991 to 1996

About 7 minutes

Friendly College is for adults. We only ask you to confirm it once on this device. We don’t need your name or date of birth.

In this lesson

  • What 66,000 households’ trades showed
  • Costs, not choices, made the gap
  • Kwame adds up his costs
  • Compare your record with simply holding
  • Where this comes from
  • Try it today
  • 2 questions to check yourself

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