Things seem to have settled down — or settled up. But on Saturday I got this expressive missive from someone who wrote, simply, “I want my mommy!” I don’t know, but he sounded like a guy of about 40.
Tomorrow, if all goes according to plan, you will be the first people in the world to have the opportunity to link to a new Internet broker that offers free trading. It is definitely not for everyone, and I will be neither endorsing nor recommending it. But it is interesting to contemplate: a brokerage firm with no people, no telephones, no paper.
OK, a few people. But none you can talk to. Yet, unlike traditional brokerages, this one will be always available, with “real-time updating,” meaning you can always see the status of your account (not last night’s status, the real status) . . . and watch the progress of your trades as they are being made, much as you can track a FedEx package, only faster.
A virtual broker, virtually free.
The last thing I think people should do, even with zero commissions, is trade a lot. (Anyone ever hear of taxes? Spreads? Addiction?) But offered the chance to be the first to give people a look at it, I couldn’t resist. It’s interesting. Kind of like being offered a first look at some state-of-the-art casino. You don’t have to book a room and gamble all night to be fascinated.
Anyway: come back tomorrow and be the first on your block to take a look.
Quote of the Day
Spending tens of thousands of dollars on a person's last few months of life is compassionate, but spending tens of thousands of dollars to improve a person's first few years of life is investment.~.
Request email delivery
- Nov 19:
The Prices Are Just Too Damned High — And Here’s Why
- Nov 18:
Mugged by a 90-Year-Old?
- Nov 16:
Arms For Dirt
- Nov 15:
Plant A Tree — How Scientists Got It So Wrong
- Nov 14:
But Does It Rise . . . Part 2
- Nov 13:
But Does It Rise To The Level?
- Nov 12:
- Nov 10:
Chickens Are Smarter Than They Look
- Nov 8:
Music For The Rest Of Us
- Nov 7:
Music For Elephants
- Nov 19: