Charges For Buying And Selling Shares -

: He realized the "price" he saw was actually the "offer" price (what sellers wanted). The "bid" price (what he could sell it for right now) was slightly lower. This gap, the spread , meant he was technically "down" on his investment the moment he bought it. The Hidden Maintenance

Leo’s first lesson was that buying shares often comes with three immediate charges: charges for buying and selling shares

Leo decided to buy 100 shares of a UK tech company. He saw the price was , so he expected to pay exactly £1,000 . However, as he went to confirm his trade on a platform like Hargreaves Lansdown or Interactive Investor , he noticed his total was actually £1,011.95 . The Cost of Entry : He realized the "price" he saw was

: Because he bought UK shares electronically, the government automatically took 0.5% —another £5.00 —in Stamp Duty Reserve Tax (SDRT) . The Hidden Maintenance Leo’s first lesson was that

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