Investors Win as Discount Brokers Cut Commissions

Save the Date! Our 2017 Investor Conference will be held November 3-5 at the Loews Royal Pacific Resort in Orlando, FL. We’re scheduling many great speakers for the event, including Mark Hulbert, John Buckingham and Wesley Gray among others. You’ll also get to meet my fellow colleagues as well as other AAII members. It’s always…

 

Survey: Millennials Unwilling to Sacrifice Now for Future Financial Security

A new survey from Charles Schwab indicates that an unwillingness by Millennials to sacrifice things that add to their current quality of life, and student debt, are preventing them from saving enough for their retirement. The survey covered 1,000 401 (k) plan participants broken into three generational groups: Millennials (those under age 35), Generation Xers…

 

Schwab Lowers Minimum Initial Investment on Mutual Fund OneSource Platform

Charles Schwab has lowered the minimum initial investment for most mutual funds on its zero-transaction-fee Mutual Fund OneSource platform to $100, dropping the minimum for subsequent investments to $1. Previously, initial investment minimums were set at $2,500, with subsequent minimums set at $500. According to Schwab, it now offers the largest selection of funds available at…