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Since every small investor will have just £750 worth of shares, the dealing cost in the first few weeks will in effect be £7.50.
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Is the valuation to be made before or after removal, transport and dealing costs?
While this approach sounds fine in practice, it can rack up dealing costs.
Dealing costs at AJ Bell Youinvest are £1.50 per regular investment purchase and standard dealing charges apply for sales.
It also means a near £284 profit before dealing costs for anyone who sold at that price.
Patience means not trading in and out of stocks and clocking up dealing costs: you'll never catch every wave.
That will mean wider spreads and higher dealing costs for other investors, though that may be a price worth paying for safer banks.
That is already a serious defect in iX, since clearing and settlement accounts for a huge share of dealing costs.Another big worry is regulation.
But the derivatives deal cost Navistar at least $20 million -- money that it will never recover.
Investment trusts, which are effectively funds listed on the stock market, are particularly good for long-term regular savings as the dealing costs are normally very competitive.
"This deal cost me big time.
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