It's hard to beat free. Click HERE to read all about Robinhood's foray into cryptocurrency trading.
Might take some wind out of any projected Coinbase IPO. Their free platform also trumps Overstock's parntership with Siebert Financial and their $1.99/$2.99 trades. Wonder if TDAmertrade feeling any heat? Today I received an email from them... I'll receive 10 free trades if I recommend a friend, if that friend is not already a customer, and that friend deposits at least $3,000 within 90 days. But the deal is even better for the friend... they get up to $1,000 cash and 300 FREE trades!
So, if you're interested in coming over to TD Ameritrade, send me a message. I'll refer you. Below is a copy of the email I was sent. Call the Ameritrade number below for more particulars. I'd guess there's a certain about of funds you'd need to deposit to get the max reward.
2018 General Market Predictions...
Already this year I've noticed large money flows going into Emerging Market and REIT funds, including from those considered "insiders". Barring a global crises brought about by N.Korea or such, I'm expecting another great year in the markets for 2018.
International/Emerging Market funds tend to have great follow-through records following banner years... particularly after an extended period of largely under-performing our own markets here in the United States. So, despite my Vanguard International Growth Fund being up 43% last year, I just bumped my exposure up from 35% to 45%, and completely ditched my small cap fund.
Why ditch the small cap fund? Two reasons: 1) With Trumps new tax plan, our nations largest corporations stand to be the largest beneficiaries (not to mention us individuals). This should lay the groundwork for some great earnings with easy comps over the next 12 months. For this reason, funds that focus on large domestic companies should be in for another good year. Another strike against small-cap companies is the current rising interest rate environment. These smaller companies are often borrowing money, so it will more negatively effect their bottom lines.
See you at Dow 30,000.