Search results with tag "Common stock portfolio"

Trading Is Hazardous to Your Wealth: The Common Stock ...

1. Households2 trade common stocks frequently. The average household turns over more than 75 percent of its common stock portfolio annually. 2. Trading costs are high. The average round-trip trade in excess of $1,000 costs three percent in commissions and one percent in bid-ask spread. 3. Households tilt their investments toward small, high ...

  Portfolio, Common, Stocks, Common stock, Common stock portfolio