Topic: Flat Transaction Fees Over Time
Question: You want to be patient, so you invest $5,000 in two different stocks as in the previous example… but hold for a decade.
Presuming you are still charged $10 per transaction and make a consistent 10% annual rate of return in both of the stocks you picked, how much money do you have after 10 years when you cash out — accounting, of course, for your fees?
Answers: