The old saying goes: “There’s no such thing as a free lunch.” But in the day of the internet, is that still true? It seems like things that used to cost money are getting cheaper all the time, with some of them now featuring $0 price tags.
Investing is one such industry that has been bitten by the ‘free’ bug. There are now a number of investing options that no longer carry any fees at all, and many others where the fees are very close to zero.
But in this case, at least, that old saying above still rings true. Free is never truly free. Companies use these free and low cost options to get you in the door. But they are still incentivized to make money in some way, so buyer beware. For the full story, click here.