A major problem with stock picking and other similar forms of investing is that transaction fees tend to eat up your profits. My brother, who works on finance, placed a bet on gold prices with some of his personal savings; his prediction was correct, but he lost money on the transaction fees.
A major problem with stock picking and other similar forms of investing is that transaction fees tend to eat up your profits. My brother, who works on finance, placed a bet on gold prices with some of his personal savings; his prediction was correct, but he lost money on the transaction fees.