Saturday, March 26, 2011

Another way brokers take your money...

As many of you know, I use a wholesale bond desk to ensure we get the very best prices (hidden in the "bid-ask" spread).  Today's WSJ article details how much most brokers are making when you buy one of their bonds...
http://online.wsj.com/article/SB10001424052748703696704576222814056970904.html