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re: Help a young buck become a savvy investor

Posted on 10/30/14 at 11:38 am to
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 10/30/14 at 11:38 am to
quote:

I think I'm getting boned



you are...and badly

move to Fidelity or similar, buy many ETFs at ZERO fee (other than the very small expenses by the ETF itself).

best for a novice would be a total market type ETFa

total market ZERO commission .07% expense
This post was edited on 10/30/14 at 11:42 am
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80840 posts
Posted on 10/30/14 at 11:46 am to
I opened it when I was 16 so I just went through my dad's financial adviser since I had no clue what to do. Fast forward 9 years to now where I am learning more and more, that 4% seemed too high and raised a red flag
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