Quote of the Day

"Investors have been voting with their pocketbooks for the past decade, consistently pulling money from active mutual funds and putting money into low-cost, predominantly index-based ETFs. Will the efficiency and tax advantages of ETFs be enough to lure them back? I remain, as always, a skeptic."

(Dave Nadig)

Chart of the Day

US bundled equity commissions have fallen by nearly half over the past decade.