You must see the bearded lady that Barney hired for his DC office.
I use Janus Fund and Janus Worldwide, American New Perspective Fund, T Rowe Price Science and Technology and T Rowe Price Blue Chip Mutuals. However, I can’t say that they are better than Fidelity. I wish you the best of luck in your decision. Just keep in mind that every mutual fund probably does this for all the Democrats and Republicans. It is just that Fidelity just got a story out of it this time. Good Luck FRiend!!!
I’ll be looking at other family funds, Vanguard, JANUS, and T. Rowe Price, or building my own folio.
I can do open a trading account through my bank (Bank of America...:0) or through my Credit Union, each cheaper than Ameritrade etc
My problem is even worse. My company's 401K is with Fidelity. If I stop contributing to it, I forego my company match. It may be something I'd look at doing when I retire (now 4 years away instead of two, thanks to the Soros run on the money market last year).
There's also the problem that as we don't know what the other brokerage firms do in the way of political support, we may be moving from one Democrat shill to another without knowing it.
Like you, I'd like to know if there's any firm out there that is unabashedly conservative in it's political leanings.
http://www.interactivebrokers.com/ibg/main.php
Look at Interactive Brokers. Among the lowest trade costs around and margin rates that are insanely low like 1.6%. Much lower than other firms though I personally would avoid margin. The stock trades are around $1.00 for 100 shares.
They are in Greenwich, CT and are very well managed and capitalkized plus do global transactions. So if you wanted to buy stock in Germany on the Frankfurt exchange, they can do it.
TD Ameritrade is another idea or Tradestation.
“Any suggestions, on this thread or by private message, would be very welcome, as this news makes me want to hurl.”
I am very happy with Schwab, and they do have very good tools. Though I do use a terrific free program that you might be interested in “MedVed” which allows you to view your portfolio tick by tick with all sorts of charting tools, though it will not allow you to follow more than a certain amount of stocks. However I do also have an account with Ameritrade which allows me to follow as many as I want.
Hope this helps. At any rate check out Medved, an extremely useful program.
Fairholme (FAIRX)
T Rowe Price, perhaps. I've been happy with them over the years. But make sure that they aren't in the same boat as Fidelity also.
BTW, Fidelity handles the 401K program for the government entity known as TVA. That's a big outfit. It would be interesting if Fidelity were to lose such a large number of customers.
I have Vanguard and they have quite a diverse assortment.