There's a genre of HN comments I never want to have to make again about discount brokerages and retail investors so I wrote the consolidated omnibus version to copy/pasta into future discussions about it: https://www.kalzumeus.com/2019/6/26/how-brokerages-make-money/ …
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Schwab used to offer more aggressive cash sweeps than they do now. Not sure if it was regulation that made those go away, or just that they got into the banking business and didn't want to cannibalize it.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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