I asked Mint.com whether they would be adding some features to their new investment tracking tool similar to what they do with credit cards and banks. When you add your credit cards and banks to Mint, it has a section where they recommend different credit cards to switch to and show you how much savings or lower APR you can get. In response, CEO Aaron Patzer said that in the future they will identify the lowest cost brokerage for you based on how often you trade and with how much money, as well as, and, this is very important, exposing management fees and expense ratios.Very cool. Investors could really benefit by such transparent access to investing-rleated feesFor a good perspective on how fees can really chew up your nest egg, read our post, “How Your 401(k) Is Ripping You Off“
Mint.com's Plans For Portfolio Recommendations
By Ben Popken May 5, 2008
- bill of swipes Is A Restriction On Credit Card Surcharges A Free Speech Violation?
- making sense of it all 10 Answers To Credit Card Questions We Get Asked All The Time
- virtual wallets Tap Or Scan Here To Pay: Know Your Mobile Payment Apps
- cash race What’s The Fastest Way To Beam 10 Bucks To A Friend?
- protecting your plastic New Prepaid Debit Card Rules Add Protections, Improve Transparency; Take Effect Oct. 2017