Charles Schwab, the discount commission brokerage firm, went whole hog this week. It dropped all commissions on trading stocks and ETFs. Read about this here:
I believe in free trades. Hooray for Schwab.
The relentless cost-cutting of the Internet is going to do this sort of thing for the rest of our lives. The cost of information is falling.
Accurate information is the most valuable of all marketable resources. The Internet and digital services are lowering the cost of accurate information.
This is the free market at work. It is making the whole world richer.
© 2022 GaryNorth.com, Inc., 2005-2021 All Rights Reserved. Reproduction without permission prohibited.