Charles Schwab Investment Management has introduced a new ETF to provide exposure to the largest 1,000 stocks at a lower cost than competing funds. The Schwab 1000 Index ETF is based on the Schwab 1000 Index, launched in 1991, and charges just 5 basis points. ...
Workers Support State Auto-IRA Programs Workers who receive no access to employer-sponsored retirement plans are supportive of the idea of enrolling in state-sponsored plans, according to a new study by The Pew Charitable Trusts. The study, Worker Reactions to State-Sponsored Auto-IRA Programs, surveyed 900 workers without access to retirement plans at small and midsized businesses with 5 to 500 employees, finding that 64 percent support state sponsorship of auto-IRA programs. ...
The Difference Between Good Advice and Effective Advice Ben Carlson, investment manager at Ritholtz Wealth Management who blogs at "A Wealth of Common Sense," makes a distinction for advisors between good advice and effective advice. They are not the same thing, he argues. ...
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