When signing up for a contract or trying to qualify for certain promotions, we are always told to remember to read the fine print. In the online world, fine print has also become “faint” print. Consider the following promotion from Firstrade: Here’s how the “faint” print (that appears on the same page) looks like: The [...]
The stock markets have been doing very well lately and my fixed income allocation is now a bit underweight in my portfolio. This morning, I took the opportunity of the Fed chairman-inspired rally to sell a portion of my equities allocation and then used the proceeds to add onto my fixed income allocation. This reallocation [...]
In June 2005, Wells Fargo reduced its online brokerage commissions for clients with Portfolio Management Accounts (PMA). The announced rates then were as follows : Clients with combined accounts with total balances of $25,000 or more — will pay reduced fees or $9.95 for no-load mutual fund trades and online stock trades. Customers with PMA [...]
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