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4. Jackson trusts that you can earn 3% more on your portfolio if you engage in full-time stock research. However, the additional trading costs and

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4. Jackson trusts that you can earn 3% more on your portfolio if you engage in full-time stock research. However, the additional trading costs and tax liability from active management will cost you about .6%. You have an $770,000 stock portfolio. What is the most you can afford to spend on your research

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