When you have a joint account, each person on the account can transact with the account. As part of our estate planning package, my wife and I created a trust, with both of us as co-trustees (see Will ...
Will Other Brokers Match Vanguard and Make All ETFs Commission-Free?
Online brokers are in a very competitive space. When Charles Schwab lowered its online trading commission from $8.95 per trade to $6.95 in 2017, within days Fidelity lowered its commission from $7.95 ...
Advice-Only: The Best Model For Financial Advice People Need And Want
I had a problem with my air conditioner. Even though the thermostat was switched to OFF inside, the "engine" outside continued running. I noticed the problem when I heard noise outside the window. I ...
Protect Your Investment Accounts With A Security Token: Fidelity, Schwab, E*Trade, Vanguard
This is a little crazy. I can stop someone from logging into my web email account because it requires a 6-digit code that changes every 30 seconds (gmail 2-step verification), but I can't stop someone ...
Who Manages Your Investments Versus Who Manages Your Accounts
Your investments and your accounts are two different concepts. You don't "buy" an IRA. Your IRA is an account, a container. Your mutual funds, ETFs, CDs, and so on are your investments. You buy ...
Benefits For Large Accounts At Vanguard And Fidelity
Airlines and hotels assign elite status to their customers based on how much business the customers do with them. They give you Platinum, Gold, Diamond, Executive, and other nice sounding names. You ...