To download the spreadsheet used in the video, click here.
Michael Rechenthin (Dr. Data) explains a spreadsheet that can be used to compare different brokerage commission structures. Depending on your inputs, there can be as much of a 90% difference.
The example that was used in the show showed a 84% in commissions which meant on a $100,000 account an investor could make 7.4% less and still have the same return. These relatively modest changes in commissions can mean huge differences in portfolio performance over time.
Watch the show to see Tom and Tony's take on things!
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