Transaction Free ETFs

Some of you use online brokers that offer free trades of exchange traded funds (which are securities similar to mutual funds).

For most people these free trades are a good idea, for others they may not be the option.

Don’t forget to read the fine print. Some brokers charge a fee if the ETF is not held for at least 30 or 60 days.

In some cases, these ETFs may have higher management fees than similar ETFs so in the long run you may be worse off.

For a consultation with a Certified Financial Planner (CFP) professional, contact me today.