Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

h2ebits

(888 posts)

4. The only sense: They get richer; you get poorer

Reply to bucolic_frolic (Reply #3)

Mon Jan 10, 2022, 07:19 PM

Jan 2022

I eliminated my "financial advisor" and his percentage of MY money years ago. I can't look back because it just causes me too much discomfort to think about the money I wasted--all because I bought into the idea that I didn't know enough. (And didn't have enough self confidence to know better.)

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

5 replies

= new reply since forum marked as read

Highlight:

Financial fees for "assets under management" [View all] question everything Jan 2022 OP

No different really than tipping a server MichMan Jan 2022 #1

I would not compare a $50 steak to a $1 million portfolio. question everything Jan 2022 #2

Yeah 1% is $10 for a $1,000 IRA when you're 22 bucolic_frolic Jan 2022 #3

The only sense: They get richer; you get poorer h2ebits Jan 2022 #4

You can buy shares of the Dow, symbol (dia) or Fortune 500 (spider) for no commission 3Hotdogs Jan 2022 #5