Independent thinking for complex markets and current events
Kids as young as 13 can now trade stocks without a parent’s approval — but don’t ask them, ‘How much did you make today?’ Schwab is the latest to offer a youth account that allows teens to make trading decisions without parental approval. Here’s a smart path for parents to take the training wheels off …
UPS and Canada shopping are a dangerous combination right now. If you are thinking of ordering anything from Canada, be careful. Tariffs are one thing—you might pay them, maybe even 100 percent. But the real shock comes from UPS. The fees they are adding are huge. People are reporting $5 items arriving with $50 in …
The recent data from SEC Form PF reveals a staggering reality: prime brokerage borrowing has eclipsed $2 trillion, raising alarm bells within the financial industry. While leveraging investments through borrowing is a common practice, it is crucial to recognize the myriad risks that accompany such strategies. Leverage risk looms large, as borrowing to invest can …
Most Compass agents in California/NY pay more than 18% to the company There must be some accounting magic in there to get those numbers 😂 But yeah, brokerage has low margins. Hiring agents w/ their own clients is basically a break-even business. Generating leads & charging… — Nick El-Tawil (@tawillionaire) September 5, 2024
by LochRiviera Why YSK: As of August 17, 2024, real estate buyers who retain a real estate licensed professional to help them tour homes or find them a house is bound to sign a buyer’s broker agreement. Nevertheless, you are not obligated or should be forced or coerced into signing a buyer’s broker agreement, in order …
After establishing a reputation as the driver of low-cost mutual funds and ETFs, The Vanguard Group is shifting course slightly with new fees facing investors starting July 1. The second-largest ETF issuer with more than $2.4 trillion in 86 exchange-traded funds, Vanguard is leaving fund expense ratios alone. Instead it’s layering on fees at the brokerage platform …