On the one hand, the cost to investors of bespoke artisanal investing is known to devastate returns, and therefore it’s a good thing that the average dentist is investing in ETFs and not individual stocks. On the other hand, part of the costs are due to regulatory deadweight.
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And on the other other hand, ICOs last year demonstrated at almost a level of parity that scammers will rise to the challenge of taking every last dollar from a retail investor base which has ease-of-ecommerce ability to purchase securities.
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*parody; I often do this sort of word swap when tired. (Got a bit of a cold.)
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Didn’t 50 Cent do this a few years back with penny stocks?
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