/biz/ - Business & Finance

>>14294834

most of the above posts assume a healthy 6+ figure account size and 6 figure incomes.
I'm used to a different audience. To make some of this information more relevant to the fine people here on /smg/:

if you some kind of NEET or McDonalds worker the situation is completely different because you can throw short term cappy gains under the recently increased standard deduction, or pay a very low tax bracket (10% or 12%)
basically taxes don't hurt you as much. If you only buy tight-spread assets on RH with limit orders, you can get away with quite a lot.

If we think of extremely small spec traders without much tax or fee burden (/smg/ for example), this population of traders could actually experience a normal distribution of returns around the broad market return rate. But that only happens without emotion, memes, and mistakes coming into play. Even this most idealized group of anime girls will probably still have only a few percentile of members who can outperform the post-tax index after even a short span of 5 years.