Sure, we all like things for free, especially when it comes to investing. But is FREE always the best way to go when it comes to the purchase of ETFs? The WSJ (subscription required) had some thoughts on the matter in “The Limits of Free:” “Free” is a hard word to resist. That’s what five big investment houses were counting …
ETFs On A Wild Ride
The WSJ (subscription required) had some interesting thoughts in “Exchange Traded Funds Gone Wild:” Exchange-traded funds had such a humble start, it’s hard to believe what a crazy mélange they’ve become. Back in 1993, the Standard & Poor’s Deposit Receipt (SPDR, pronounced Spider) launched, giving investors a fresh way to invest in the Standard & Poor’s 500-stock index. And, for …
Lowest Cost ETFs On The Horizon
Schwab threw down the gauntlet last year by offering their suite of no transaction fee ETFs. Scottrade now picked it up as the WSJ reported (subscription required) in “Scottrade ETF Plan: Lowest Cost:” Discount brokerage Scottrade Inc. is launching a suite of low-cost exchange-traded funds, a move that could put further pressure on fees. On Wednesday, the closely held firm …