Our latest picks for the best investing and personal finance articles from around the web.
- Fidelity follows rivals in cutting online trading commissions to zero (Reuters). The only broker rated "excellent" for use with all SMI strategies joins the $0 commission crowd.
- Are no-commission trades good for investors? (Morningstar). "Free is never free."
- Older Americans are increasingly unwilling — or unable — to retire (NPR). The fastest-growing group of workers in the country? Those age 65 and older.
- Half of Americans think a recession is coming in the next year — and they admit they’re unprepared (Markets Insider). Are you adequately prepared?
- 3 retirement tax mistakes you can’t afford to make (Kiplinger). If you're not careful, you could end up owing Uncle Sam a lot more than you thought you would.
And from the blogosphere…
- It’s not free: Why you need to take a closer look at commission-free trading (Peter Lazaroff). Brokers have plenty of ways to make up for lost commission income.
- Half of retirees afraid to use savings (Squared Away). Feeling ill-prepared for retirement has little to do with how prepared people actually are.
- The prevalent but problematic probability of ruin (The Retirement Cafe). The 4% rule is not a universal law.
- Social Security is dying because Baby Boomers aren’t (Thoughts From the Frontline). An economist and investing writer reflects on Social Security on the occasion of his 70th birthday.
- The 9 types of people you’ll meet in retirement (Advance Capital Management). Which one will you be?
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.