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re: Edward jones consultant. Are they legit or ripoff?

Posted on 12/27/12 at 11:45 am to
Posted by ForeLSU
The Corner of Sanity and Madness
Member since Sep 2003
41525 posts
Posted on 12/27/12 at 11:45 am to
quote:

Do they ale care and caution to your investments?


my dad used one for years and took a bath on a Morgan-Keegan fund during the sub-prime crash. The Jones guy had no clue what was going on and kept telling him the drop was cyclical and the fund would come back. IMO some are just peddlers selling whatever the company is pushing at the time. (admittedly anecdotal with a very small sample size :)
This post was edited on 12/27/12 at 1:53 pm
Posted by 12Buck
Baton Rouge
Member since Jul 2005
592 posts
Posted on 12/27/12 at 12:56 pm to
quote:

they are just peddlers selling whatever the company is pushing at the time

this is not true

quote:

They have things that are off limits to them.


this is
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