It seems like every 6 months or so there is big financial investment industry news that is reflective of the industry race to the bottom on price. Well, here we go again with a big one. Schwab is now offering $0 commission online stock, ETF, and options trades. The last few years have seen a big shift to lower cost and commission-free funds across many of the big investment brokers. Here are just a few examples of this trend: Vanguard lowered fees across all funds Fidelity launched zero-cost index funds & slashed fees Vanguard increased commission-free ETF trading to 1,800+
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[Read the rest of the story at 20somethingfinance.com]
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[Read the rest of the story at 20somethingfinance.com]