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Every Thing Else Board
Getting shafted
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<blockquote data-quote="Brute 23" data-source="post: 1266286" data-attributes="member: 6291"><p>This is going to sound like a smart butt question...... Why would you give some one your money for them to make you only 4%? Since 08 the S&P and DJ has done over 10% for sure and since the start of the stock market it has averaged more like 11%. I don't know how they lost money the last 5yrs unless they were heavy in Gold, which a lot of funds were.</p><p></p><p>That stuff is all scams... even Edward Jones and all these other investment places. They constantly have lawsuits for pushing certain funds. No need for any of those people. </p><p></p><p>Every person should have a Fidelity, ETrade, or some thing similar, account they are in charge of. If you know nothing about the stock market dump what ever you have in Index Funds... S&P 500 and DJ will return you over 10% on average.</p><p></p><p>There is nothing more to investing than that. Most stocks and mutual funds don't even out do "the market" (the S&P and DJ).</p><p></p><p>There... I just made you 10% on your money for FREE. Good luck :tiphat: Contact Fidelity and they can walk you through setting up and account. They are super nice and very helpful.</p></blockquote><p></p>
[QUOTE="Brute 23, post: 1266286, member: 6291"] This is going to sound like a smart butt question...... Why would you give some one your money for them to make you only 4%? Since 08 the S&P and DJ has done over 10% for sure and since the start of the stock market it has averaged more like 11%. I don't know how they lost money the last 5yrs unless they were heavy in Gold, which a lot of funds were. That stuff is all scams... even Edward Jones and all these other investment places. They constantly have lawsuits for pushing certain funds. No need for any of those people. Every person should have a Fidelity, ETrade, or some thing similar, account they are in charge of. If you know nothing about the stock market dump what ever you have in Index Funds... S&P 500 and DJ will return you over 10% on average. There is nothing more to investing than that. Most stocks and mutual funds don't even out do "the market" (the S&P and DJ). There... I just made you 10% on your money for FREE. Good luck :tiphat: Contact Fidelity and they can walk you through setting up and account. They are super nice and very helpful. [/QUOTE]
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Getting shafted
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