Archive - April 24, 2016

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What is Margin?
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New Fiduciary Rules for Handling Retirement Investments

What is Margin?

What is Margin?

When opening an account at Schwab, the first option on the account open form is whether you want a “Schwab One” account, their name for a standard brokerage account, or a “Schwab One with Margin” account. Margin is an optional feature that can be added to Schwab brokerage accounts.

If you have margin on your brokerage account, it means you have the option of borrowing money from your brokerage firm and using the value of your investments as collateral. This loan can be used to purchase more securities or be withdrawn from the account to meet other financial obligations.

Margin …

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New Fiduciary Rules for Handling Retirement Investments

The Labor Department proposed new fiduciary rules for professionals handling retirement investments last year and these standards will go into effect next year despite many questions and pushback from some in the industry.

The New York Times notes that the new rules are designed to help those who assume that “the individuals and firms investing their money are operating under the same sort of ethical and legal standards as a family doctor — someone who is obliged to provide the very best advice.” Some consumers have been unaware that certain investment brokers were recommending financial products that provided the broker …

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