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re: Putting money in mutual fund acct with relatives

Posted on 2/24/13 at 11:55 am to
Posted by Powerman
Member since Jan 2004
162186 posts
Posted on 2/24/13 at 11:55 am to
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.


I hope that this isn't a common minsconception
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69878 posts
Posted on 2/24/13 at 12:04 pm to
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.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 2/24/13 at 3:56 pm to
What's a good mutual fund with a $50k minimum?
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69878 posts
Posted on 2/24/13 at 4:06 pm to
Lol, I have no idea. Might be able to buy into a Hedge fund at a $ 50k minimum.
Posted by Notro
Alison Brie's Boobs
Member since Sep 2011
7879 posts
Posted on 2/24/13 at 5:14 pm to
My first thought would not be what is the minimum amount I have to invest.
Posted by tigerfan182
Franklin, Tn
Member since Sep 2009
2779 posts
Posted on 2/27/13 at 6:02 pm to
Is his name Bernie?
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