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re: Consolidation keeps coming for hedge funds and other prestige sectors in finance
Posted on 5/8/16 at 3:14 pm to Old Sarge
Posted on 5/8/16 at 3:14 pm to Old Sarge
old sarge, the fees they charge per trade are silly. I outperformed them by a mile in my personal account with just visa,phillip morris and altria last year on my own. In all seriousness you could just buy SPY and its pretty much what they're doing for you and charging you for it. I gave them some of my cash just so they'd leave me alone and it definitely made getting a boat loan and second home loan much simpler bc they were controlling my assets. Regardless, its a waste of time, you can buy the SPY and save a ton in fees.
This post was edited on 5/8/16 at 3:15 pm
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