GLOSSARY

Turnover

IN PLAIN ENGLISH

How much of a portfolio is bought and sold over a year, as a share of its value.

WHERE YOU MEET IT

Not calculated by the app. Each holding lists its own buys and sales.

WATCH OUT FOR

Every trade has a cost, so high turnover carries a cost even when each trade is cheap.

EXPLAINED IN

Overconfidence and how often you trade

Educational content only. It is not personal financial advice.