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Old 09-30-2008, 05:11 PM   #41
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So FD, do you think you could put a call into Edward Jones and the guy fired? (heh)
The number one fund family for Ed Jones is American Funds, and has been for 20 years. I have heard of young reps getting fired for selling too much non-American Funds.........
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Old 09-30-2008, 05:13 PM   #42
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I asked him "Well, which class should I go with, the A shares or the B shares?". He suggested the B shares.
How much money was involved?

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I eventually asked him what it would cost me to get into $10,000 or so of an ETF index fund or a no transaction cost vanguard fund through him. Vanguard funds weren't available and a $10,000 order would cost $100 in commission. That is when I decided huge commissions and lack of fund choices didn't serve me as an investor so I dumped him in favor of vanguard and fidelity.
yeah, they are NOT a discount broker. Also, they have a limited number of funds to sell.
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Old 09-30-2008, 07:34 PM   #43
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Yup, they can only sell the ones with the largest commissions, makes sense to me.
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Old 10-01-2008, 12:32 PM   #44
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How much money was involved?
IIRC, $3000 for an IRA. Maybe $6000 if it was funded for 2 years. Today that is small potatoes, so I'm not overly worried about fixing it in a hurry.
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Old 10-01-2008, 12:38 PM   #45
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Yup, they can only sell the ones with the largest commissions, makes sense to me.
All the load funds are about 5.75% on purchases under $25,000.
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Old 10-01-2008, 12:40 PM   #46
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Yeah, I know the schedule well, I was once a member.
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Old 10-01-2008, 12:43 PM   #47
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Yeah, I know the schedule well, I was once a member.
Don't kill the messenger, I just provide facts...........
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Old 10-01-2008, 12:44 PM   #48
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I''m not mad at you I'm mad at me.(heh)
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Old 10-01-2008, 12:52 PM   #49
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I''m not mad at you I'm mad at me.(heh)
Maybe it was a time in your life when you were very busy, and thought you needed some help. Then, you found out he/she wasn't very helpful, provided no value, and just collected the 12b-1 trails, and you moved on............
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Old 10-01-2008, 01:10 PM   #50
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Don't kill the messenger, I just provide facts...........
Sometimes.
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Old 10-01-2008, 01:23 PM   #51
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Sometimes.
You could always put me on ignore........
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Old 10-01-2008, 01:26 PM   #52
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Nah, I like watching you dance and I enjoy your signature claims.
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Old 10-01-2008, 01:53 PM   #53
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Nah, I like watching you dance and I enjoy your signature claims.
Maybe I can get Sarah Palin to give me dancing lessons, she'll be doing more dancing than any of theose celebs on "Dancing with the Stars" will..........
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Old 10-01-2008, 02:06 PM   #54
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I cant really comment on that without making this a soapbox thread.
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Old 10-01-2008, 03:30 PM   #55
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I cant really comment on that without making this a soapbox thread.
Why would this thread be any different?
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