Powerman LSU Fan Corpus Christi, TX Member since Jan 2004 116244 posts
re: Putting money in mutual fund acct with relatives (Posted on 2/24/13 at 11:55 am to JPLSU1981)
quote: I'm guessing that breakpoint is not the issue, though...His OP reads that he thinks they can get a higher return by combining funds, a common misconception.
Vols&Shaft83 Tennessee Fan Member since Dec 2012 3946 posts
re: Putting money in mutual fund acct with relatives (Posted on 2/24/13 at 12:04 pm to Powerman)
quote: I hope that this isn't a common minsconception
Well, there are a ton of people who put money in something just because a friend or relative told them to, and we see them a few years down the road bitching about how evil Wall St. is.
