Archive for February, 2010
Good News for Trend Followers and ETFers
by Doug on Feb.07, 2010, under Trading
One of the big costs of trend following and ETF investing at regular intervals is commissions. That may be going away.
Fidelity has offered commission-free trading on certain iShares ETFs. This is great because now you can invest in ETFs at regular intervals like mutual funds but without incurring commissions. Since ETFs generally have lower expense ratios this is a big plus for investors. Schwab has a similar offering for eight Schwab ETFs.
Want your own asset allocation? Instead of a 60% stock/ 40% bond balanced mutual fund at 0.60% expense ratio, do 60% IVV (S&P 500), 40% AGG (U.S. bonds) at a combined 0.15% expense ratio, a savings of 0.45% per year.
Finally, something good for investors.
