More on “Free” Trading

Considering last week’s news of “free trading” (Fidelity jumped on board this week) here are two things that are NOT – and unlikely to become – free:

  • Financial Planning advice & guidance
  • Non-proprietary mutual funds trading transactions

Two very different things… but both are consistent with successful long-term financial planning and strategy. There are still far more moving parts to “free trading” so stay tuned.

Free Trade Continue reading “More on “Free” Trading”

A Free Lunch?

Is there such a thing as a “Free Lunch”? Developments this week tested the concept.

News broke this past Tuesday that Charles Schwab, followed by TD Ameritrade and E-Trade, would drop their stock, ETF and options trading commission charges. That means free, $0 trades.

woman using smartphone
Millennials have been demanding cheaper prices and “value” for their purchases since they could pick up a cell phone or iPad.

Continue reading “A Free Lunch?”