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09-30-2008, 04:11 PM
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#41
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Quote:
Originally Posted by 73ss454
So FD, do you think you could put a call into Edward Jones and the guy fired? (heh)
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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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Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
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09-30-2008, 04:13 PM
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#42
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Quote:
Originally Posted by FUEGO
I asked him "Well, which class should I go with, the A shares or the B shares?". He suggested the B shares.
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How much money was involved?
Quote:
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.
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yeah, they are NOT a discount broker. Also, they have a limited number of funds to sell.
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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09-30-2008, 06:34 PM
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#43
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Thinks s/he gets paid by the post
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,698
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Yup, they can only sell the ones with the largest commissions, makes sense to me.
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10-01-2008, 11:32 AM
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#44
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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Quote:
Originally Posted by FinanceDude
How much money was involved?
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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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10-01-2008, 11:38 AM
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#45
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Quote:
Originally Posted by 73ss454
Yup, they can only sell the ones with the largest commissions, makes sense to me.
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All the load funds are about 5.75% on purchases under $25,000.
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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10-01-2008, 11:40 AM
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#46
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Thinks s/he gets paid by the post
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,698
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Yeah, I know the schedule well, I was once a member.
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10-01-2008, 11:43 AM
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#47
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Quote:
Originally Posted by 73ss454
Yeah, I know the schedule well, I was once a member.
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Don't kill the messenger, I just provide facts...........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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10-01-2008, 11:44 AM
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#48
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Thinks s/he gets paid by the post
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,698
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I''m not mad at you I'm mad at me.(heh)
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10-01-2008, 11:52 AM
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#49
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Quote:
Originally Posted by 73ss454
I''m not mad at you I'm mad at me.(heh)
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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........... .
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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10-01-2008, 12:10 PM
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#50
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Sometimes.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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10-01-2008, 12:23 PM
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#51
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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You could always put me on ignore........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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10-01-2008, 12:26 PM
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#52
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Nah, I like watching you dance and I enjoy your signature claims.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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10-01-2008, 12:53 PM
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#53
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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Quote:
Originally Posted by cute fuzzy bunny
Nah, I like watching you dance and I enjoy your signature claims.
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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..........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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10-01-2008, 01:06 PM
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#54
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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I cant really comment on that without making this a soapbox thread.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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10-01-2008, 02:30 PM
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#55
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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