You think that the broker has your best interest at heart. They are, after all, working for you. You are paying them a commission. And you are living in America, the land of "everyday low prices." But you have been misled.
A big portion of this trend can be blamed on the great recession, and what is seen as a suddenly realized peril of even seemingly solid and famous institutions going down as they succumbed to high-risk operations in the market.
The industry counters by denying these facts and boldly claiming that they provide liquidity and lower costs, but it has been demonstrated that HFT is more often a liquidity taker than a liquidity provider and, if anything, raises the costs of trading.
On February 1, Janet Yellen made "Her Story" when she became the Chair of the Federal Reserve Bank, the first female to hold that position. Many firsts for women in the financial services industry preceded Yellen's appointment.
When I saw the cameras broadcasting the 60-second long excitement of the Opening Bell festivities, I was suddenly inspired to send a friendly "howzit" via a spontaneous "shaka" from the New York Stock Exchange -- the financial epicenter of the world.
Muriel "Mickey" Siebert, who passed away on Saturday, Aug. 24, 2013, in Manhattan, is a legend on Wall Street. Needless to say, Siebert knew a thing or two about Wall Street, about bonds and about regulatory oversight (or lack thereof).
Through 2012, the unemployment rate for former service members who are veterans of the Iraq and Afghanistan wars -- about 2.6 million men and women -- was 9.9 percent. i=It means a great deal to help those who have served our country with a smooth transition back into civilian life.