If Morgan Stanley can cut costs, why not you?

From the WSJ.com earlier this week: 

At Morgan Stanley, Focus Put on Costs

"Morgan Stanley offered a glimpse into Wall Street's future, and the outlook has changed so much from the heady days of the past that the firm is planning to keep a close watch on BlackBerry usage...

Morgan Stanley's penny-pinching obsession is a sign of the struggle inside many banks and securities firms to overcome sluggish revenue growth and the looming costs of new regulatory and capital requirements...

One of the biggest cost-savings opportunities at any investment bank didn't come up Tuesday... not a word about cutting salaries or bonuses."

Link:
http://online.wsj.com/article/SB10001424052702304906004576371890825149096.html?mod=WSJ_hp_MIDDLETopStories

-------------------------------

Good Start!  Why not cut your costs by avoiding Morgan Stanley and every other high cost adviser?


There is no reason not to cut your costs by up 95%, pocket the difference, and see how you can add up to extra hundreds of thousands of dollars to your wealth.


We teach investors how to invest with the lowest cost ETFs.