Here's some information of interest that I got in my AAII's newsletter this week. Always nice to save a few bucks on fees. "This week a price war erupted among the discount brokers. On Tuesday morning, Fidelity cut its commissions for buying and selling stocks online to $4.95 per trade on, down from $7.95. Literally hours later, Charles Schwab responded by cutting its commissions to $4.95. The move came after Schwab had already lowered its commissions to $6.95 a few weeks earlier. On Tuesday night, TD Ameritrade announced that its commissions will be $6.95 starting on March 6, down from $9.95. Then this morning, E*Trade cut its commissions from $9.95 to $6.95. Scottrade is still charging $7, but the firm is being acquired by TD Ameritrade."
