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Message
re: Putting money in mutual fund acct with relatives
Posted on 2/23/13 at 11:05 pm to LaFBfan
Posted on 2/23/13 at 11:05 pm to LaFBfan
Ok. I'll bite.
What in the world is the selling point that you were given for this great idea? Anything more than "we can get a higher yield" or some details behind that?
What in the world is the selling point that you were given for this great idea? Anything more than "we can get a higher yield" or some details behind that?
This post was edited on 2/23/13 at 11:07 pm
1
Posted on 2/24/13 at 9:02 am to Bayou Tiger
quote:
Ok. I'll bite.
What in the world is the selling point that you were given for this great idea? Anything more than "we can get a higher yield" or some details behind that?
I think some mutual fund stores require a 50K minimum to invest
He thinks he can get a good yield there but doesn't have enough liquid cash to invest yet
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