The commission-free ETF craze is a growing trend among brokers fighting for your investment dollars. Free is a big selling point.
With ETFs already a popular alternative to mutual funds, taking advantage of an opportunity to cut commissions is persuasive. Your current online broker may already offer commission-free ETFs as an investment choice. But is it the best option for you?
Commissions Are Relative
A $5 to $10 trading fee may not seem like much but brokerage commissions are just a cost to your portfolio’s returns. Every dollar you spend must be made back just to break even. The cost is relative when you consider the amount you’re investing. But as the table below shows, the return you need to break even can be very high. Continue Reading…
A successful plan to save more money is very straight forward. Set aside a decent chunk of your income early and let the 
The growth and popularity of index investing has provided investors with a great opportunity to move their money away from higher cost mutual funds. However, low costs aren’t the only thing you need to consider these days.