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re: ACORN Pros/Cons

Posted on 5/21/15 at 5:14 pm to
Posted by jturn17
Member since Jan 2011
4978 posts
Posted on 5/21/15 at 5:14 pm to
quote:

The problem is that these younger people may not have the intelligence to check or even understand that they may be getting negative returns due to the fees.

As was stated above, most people on the MB, people who have above average understanding of finances, still indicated negative returns over several months.
Negative returns are still better than not saving. Saving 98% of your $20 a month is better than saving $0 a month.
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