Foliofn

[Train Guy]

No, I hadn't read that about the records, but it makes sense. It gives you the info you need so you can try and minimize any tax consequences and the tools to execute the trades so it meets the IRS requirements.

My brother was the CFO before he became the president and he said they would keep an eye on what everybody was doing in their 401k's but it was rare that anybody ever changed anything. I asked my next door neighbor about it and she claimed she never even bothered to open her statements. That's what makes Foliofn so good besides the pricing is the preselected folios. The returns on some of those Reuters ones are quite good.

This excerpt from the about us pretty much says it all. They're not in it just for the money. They are actually trying to help the little guys. Hey, you being an "insider" since you know about this kind of stuff, you could be a guinea pig and sign up. Then you could give everybody else the first hand scoop on it. I've also suggested in the past that somebody should setup a board to rummage through those reuters screens looking for swing traders, but nobody has taken up the cause. Being a daytrader and leaning more towards futures it's not my cup of tea.

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The need to make it easier for the small investor to enjoy the advantages of a diversified portfolio that wealthy investors have always had.

The need to reduce the drain on investment profits by management fees, sales commissions, and capital gains taxes.

The need for more control over the securities their money was being invested in, something denied investors by ownership in mutual funds shares.

He left the U.S. Securities and Exchange Commission to develop a new way to satisfy those needs -- an online brokerage which would enable people to invest in their choice of a number of diversified baskets of securities called Folios, instead of buying into a mutual fund. And to invest and monitor their investments in a way never before possible in the pre-cyberspace age.

OUR COMPANY
FOLIOfn is based in the Washington D.C. suburb of Tysons Corner, Virginia - in the heart of the Northern Virginia high-technology corridor. Our Management Team and Board of Directors come from highly respected financial and technology organizations and government agencies.

OUR VALUES
We have built our company around three core values: We will provide investors with leading-edge innovation, offering better ways to invest made possible by the power of technology. We will act with the highest possible integrity and openness. No matter what the issue, we will always do our best to provide full disclosure and eliminate jargon and legalese. We are committed to educating investors and helping them make better investment decisions.

http://www.foliofn.com/content/retailcontent/about_basic.shtml