{"id":453364,"date":"2017-03-12T12:00:45","date_gmt":"2017-03-12T12:00:45","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=453364"},"modified":"2017-03-12T12:00:45","modified_gmt":"2017-03-12T12:00:45","slug":"a-huge-tax-cut-for-every-investor-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=453364","title":{"rendered":"A Huge Tax Cut for Every Investor"},"content":{"rendered":"
\"tax-cut-investment-expenses-1\"<\/a><\/div>\n

By Andrew Snyder<\/a><\/span> <\/p>\n

<\/div>\n

Nearly every investor in the country just got a guaranteed boost to their portfolio. Think of it as tax break.<\/p>\n

In some cases, \u201ctaxes\u201d were slashed by 40% or more.<\/p>\n

The best part is this cut has nothing to do with Uncle Sam and \u2013 an idea that’s bound to be even more popular \u2013 the rich won’t feel it nearly as much as the poor.<\/p>\n

Here’s the deal\u2026 The Oxford Club (the unique group behind Investment U) follows a strict set of principles called the Four Pillars of Wealth.<\/p>\n

The fourth Pillar mandates we cut our investment expenses.<\/p>\n

It starts with\u2026
\nUnless you run or sit on the board of the companies you invest in, there’s nothing you can do to affect your stocks’ performances once you own them. But there are critical moves you can make to ensure you get the absolute most out of your portfolio.<\/p>\n

Cut your expenses\u2026 and stiff-arm the taxman.
\nInvestors that follow that sage advice just got a huge gift. A price war broke out in February and now the biggest and most popular online brokerages have slashed their trading fees.<\/p>\n

From what we gather, the first shot started when Charles Schwab lowered its cost of making a single trade to $6.95.<\/p>\n

But then, four weeks later, Fidelity sent an email to its customers with a big announcement. It told its customers that it cut the cost of a trade from $7.95 to $4.95.<\/p>\n

Within four hours, Schwab countered and matched the $4.95 price.<\/p>\n

Shortly after, TD Ameritrade announced a $6.95 price.<\/p>\n

And then E-Trade followed in kind\u2026 $6.95<\/p>\n

Meanwhile, Robinhood, the commission-free brokerage, stood back and laughed, poking fun at the entire idea of a \u201ctrading\u201d tax.<\/p>\n

Of course, with our strict mandate to slash expenses, we think Robinhood’s got the right idea. We predict that, within a decade, online commissions will be a thing of the past. For now, though, they’re something traders must deal with.<\/p>\n

Sadly, many investors won’t notice the price war. After all, this price battle isn’t so much for existing customers \u2013 most folks don’t tend to pick up their money and leave over a few bucks per trade. Instead, brokerages are fighting for new accounts.<\/p>\n

They know that once they have a customer, he’s likely too lazy to move.<\/p>\n

But we argue you should be willing to move your money \u2013 especially if you make several trades each month. Saving a few bucks on both sides of the trade adds up quickly.<\/p>\n

Again, it’s like eliminating a tax on every trade.<\/p>\n

It benefits the small guy the most. The lower the amount you invest, the harder a flat-fee commission hurts.<\/p>\n

[iu-adbox]<\/p>\n

Remember, brokerages bank on the sticky nature of their business. Once you open an account and plunk some money into it, they expect you to stick around. The hassle of moving your money into a new account is too great.<\/p>\n

We hope you see the flaw in that logic. We hope you’re willing to devote, at most, a half-hour to sending your money where it’s treated best.<\/p>\n

It’s not hard.<\/p>\n

I did it recently \u2013 abandoning a higher-priced provider \u2026read more<\/a> <\/p>\n

Source:: Investment You<\/a><\/p>\n

The post <\/a>A Huge Tax Cut for Every Investor<\/a> appeared first on Junior Mining Analyst<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Andrew Snyder Nearly every investor in the country just got a guaranteed boost to their portfolio. Think of it as tax break. In some cases, \u201ctaxes\u201d were slashed by 40% or more. The best part is this cut has nothing to do with Uncle Sam and \u2013 an idea that’s bound to be even […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/453364"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=453364"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/453364\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=453364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=453364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=453364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}