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Episode 260: Prof. James Choi: Practical Finance

The Rational Reminder Podcast

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The Hidden Costs of Investing in the Stock Market

The rate in which people don't invest in the stock market decreases with wealth. As you get more and more money, it's going to be more worthwhile for you to pay that fixed cost of investing. Even if you look at say the top 5% of the wealth distribution, there are a bunch of people up there that aren't investing in the stockMarket.

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