IFL 0.48% $3.12 insignia financial ltd

Short Positions Increasing, page-33

  1. 7,936 Posts.
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    "Oooops... commission should read 0.1%."

    That's pretty much in line with the rate charged by most online brokers.

    But, whether it is 0.1% or 0.01%, can you explain how this has any bearing on the decision to become the owner of a business?

    Surely when you invest in a company, you hope to generate an annual return at least in line with the average market return of around 9% pa, so what does it matter to you whether you make 8.90%pa (9% less 0.1%) or 8.99% (9% less 0.01%) during your first year of ownership?
 
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$3.12
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34 44012 $3.11
 

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$3.12 8936 13
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