Tuesday, July 11, 2006

Rate Cuts by Brokers and Mutual Funds Make the News

Though “The Electronic Investor” has noticed this trend in the not-too-distant past, it’s good to see other media outlets picking it up.

The Wall Street Journal published an article about cuts in brokerage commission rates over the last few months, saying that heightened competition is driving prices lower.  Subscribers to the Wall Street Journal Online can read the article, “Online Stock Trades
Get Even Cheaper,” by clicking here.

Also of note are recent management fee cuts by mutual funds, as detailed by the LA Times in their article, “Firms Slash Fees as Investors Flock to Low-Cost Portfolios.” You can read that article, after a free “registration” process, by clicking here

Posted by twcarey on 07/11 at 10:51 AM
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