The Detroit News. Enter folio investing, a new online offering that claims to marry the best of both methods with low transaction costs.
Consumers are free to delete or add stocks to suit their own objectives.
Netfolio, which refers to its accounts as personal funds, emphasizes its role as a registered investment adviser. Well, that's basically what you're doing with a folio. But the folio firms have structured their product to leverage economies of scale. On the upside, the company first attempts to match orders among its customers, which could reduce the bid-ask spread. It's for students of the market.