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re: Brand new to Stock Market

Posted on 1/21/16 at 12:40 pm to
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 1/21/16 at 12:40 pm to
quote:

They MIGHT give you a discount on the front end load


They have no control over the loads. The loads are set by the fund company. The only discounts you can get are breakpoints that all investors get.

quote:

they hit you with a annual fee pertaining to your IRA


Most brokerage firms do this. It is an annual custodial fee.

And no, I don't work for Jones I have just been in the business for a long time.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73235 posts
Posted on 1/21/16 at 2:04 pm to
quote:

They have no control over the loads.


It's been awhile and you're right, I should have said fund.

quote:

The only discounts you can get are breakpoints that all investors get.

quote:


and, as I said I've gotten them before.

quote:

I have just been in the business for a long time.



never said you hadn't been.
This post was edited on 1/21/16 at 2:09 pm
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