Hidden Dangers of the Great Index Fund Takeover

Re:Hidden Dangers of the Great Index Fund Takeover by deadbunny on Saturday January 18, 2020 @02:45PM (#22086599)

I think the problem with this would be brokerage fees for buying/selling. If a fund is rebalancing 10% of their holdings the fees are a rounding error, if I'm rebalancing 10% of mine as an individual the fees would be a noticeable percentage.

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Re:Hidden Dangers of the Great Index Fund Takeover by encoderer on Saturday January 18, 2020 @02:49PM (#22086634)

There are no brokerage fees anymore.

But fractional share ownership is not widely popular and would require an aggregator anyway.

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Re:Hidden Dangers of the Great Index Fund Takeover by mandelbrotwurst on Saturday January 18, 2020 @02:53PM (#22086670)

Are you aware of a firm that offers free trading in fractional shares?

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Re:Hidden Dangers of the Great Index Fund Takeover by mrep on Saturday January 18, 2020 @03:15PM (#22086838)

Robinhood announced that and you can request early access to it in the app right now. And yes, it is commission free too.

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Re:Hidden Dangers of the Great Index Fund Takeover by novok on Saturday January 18, 2020 @03:19PM (#22086869)

Square cash?

https://www.theverge.com/2019/10/24/20930659/square-cash-app...

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Re:Hidden Dangers of the Great Index Fund Takeover by ThrustVectoring on Saturday January 18, 2020 @05:48PM (#22087922)

M1 Finance, Interactive Brokers

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Re:Hidden Dangers of the Great Index Fund Takeover by robryan on Saturday January 18, 2020 @06:22PM (#22088096)

So for a lot of shares that people can only afford fractional ownership of some kind of fund would still have to own them?

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