Comment by benj111 | Hacker News Reader

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Comment by benj111 | Hacker News Reader

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Lending?

What makes them worse than than anyone that charges a fee?

The ones who charge a fee don’t make interest on your balances.

Yes they do.

" 57% of Schwab’s revenues are from net interest"

https://www.kalzumeus.com/2019/6/26/how-brokerages-make-mone...

No, no, no.

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