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I read #2 in their press release; But; it seems like a poor marketing decision; You're attracting people who want no fees and subscribe the the Random Walk Mod
by smileysteve 8y ago
I read #2 in their press release;
But; it seems like a poor marketing decision; You're attracting people who want no fees and subscribe the the Random Walk Model - then you prove the Random Walk Model. I don't see how this encourages people to go into more different funds.
Maybe for asset allocation for near term cash volatility.
- Fomite 8y agoAs a counter-example, I chose Schwab for their low fees, because the bulk of my investments are in index funds. But that doesn't mean they all are. Schwab is also both my bank and my active investment broker of choice. The reason for that is because it's nice to have all my stuff in one place, viewable from a single screen.