Category Archives: The Free Trade

SEC Could Kill Retail Trading in Misguided Plan to Control Wall Street

Gary Gensler, chairman of the Securities and Exchange Commission, is out to kill payment-for-order-flow (PFOF), the misunderstood retail trade routing mechanism that birthed commission-free trading while enriching a few love-to-hate brokerages and Wall Street scapegoats.

But killing PFOF could kill retail trading and investing, the greatest, most equalizing, easiest to access, wealth creation avenue for all Americans.

This is a big story, but the circus surrounding the 75-basis-point rate hike the Fed announced on yesterday has swept it under the rug along with all the opportunities it represents for us. So, I wanted to take time in today’s Total Wealth to address what this means for you and what you can do about it.

Click here to read on.

Posted in: Stock Market, The Free Trade |

The Fed is Almost Always Wrong, and That Gives Us a New Opportunity

Every bond and stock investor knows at least one Wall Street saying regarding Fed policy moves. Some of them are: "Never fight the Fed," "Follow the Fed," and "Don't fade the Fed." They're good advice, but only to a point. That point is...

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Posted in: Stock Market, The Free Trade |