12 Oct 2019 11:57
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The week started off down but rallied on Thursday & Friday to a small gain for the week.
There was good news from Fidelity who announced they are jumping on the no fees stock transaction band wagon. Cannot say I am shocked as companies like Robinhood & M1 Finance have made such an impact on not just new but legacy investors too. For me personally this opens up more frequent buying as I know longer wait to buy in $1000 minimums.
While I have M1 Finance & Fidelity accounts I plan to continue to keep both as each offers unique benefits. M1's business model with Pies & fractional shares is unique enough to allow it to survive but growth may slow down. Whereas I am unsure about Robinhood now that the big brokerage houses offer the same benefits. We will have to wait and see if Robinhood & M1 can innovate further.
Portfolio Activity
Portfolio News - (In Case You Missed These Headlines)
Apple Hospitality (APLE)
Brookfield Renewable Partners (BEP)
Fastenal (FAST)
Johnson & Johnson (JNJ)
3M (MMM)
Newtek Business Services (NEWT)
Prudential Financial (PRU)
AT&T (T)
T. Rowe Price (TROW)
United Parcel Service (UPS)
- UPS Collaborates With Shippo To Simplify Shipping For Small And Medium-Sized Businesses
- UPS To Add More Than 6,000 Vehicles To Its Natural Gas Fleet
Interesting Blog Posts or Articles
Blog Posts
- Leaderboard: Monthly Dividend Income From The Blogging Community by Dividend Driven
- Stockboard: What Stocks The Blogging Community Are Buying This Week by Dividend Driven
- A problem with passive income investors: Priorities by Money Master
- How to Analyze Dividend Stocks in 14 points by Dividend Monk
- Dividend Growth Investing Q&A – My Financial Independence Strategies by TAWCAN
Articles
Post preview:
Close previewFree trades have been awesome. I’ve had them since last July with Merrill edge. Then the other benifits the give to go along with that like their 3/2/1 MasterCard. I get extra back on everything. All this competition going to open up lots of new things in the future
You are spot on Doug, competition is really opening up new features for us,