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Not sure if this is where I go but still

Posted on 5/22/19 at 9:00 pm
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 5/22/19 at 9:00 pm
So I invest, usually 500 a month out of my check ...here is the issue right now I have 72k invested in the app Stash and 18k invested in through Edward Jones.
Really where I work our investments go through Edward Jones so I started using Stash as a secondary investment. Now Stash has surpassed Edward Jones as I've devoted more money towards it over the last couple of years. I also put money from my savings I to Stash because I was doing well. Should I remove the Stash Money (currently being charged 1% a month) or stay the course?
This post was edited on 5/22/19 at 9:01 pm
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7164 posts
Posted on 5/22/19 at 9:07 pm to
VANGUARD
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73632 posts
Posted on 5/22/19 at 9:52 pm to
you obviously do not come here often

RUN AWAY FROM EDWARD JONES HOLY shite MAN!
Posted by TigerDeBaiter
Member since Dec 2010
10274 posts
Posted on 5/22/19 at 10:44 pm to
What does Stash provide for you to take 1% a month?

That’s outrageous. Go to vanguard and pick some total market funds.

Edward Jones is a known waste, but if that’s the only vehicle your employer provides for tax deferrals then it’s probably better than not taking advantage at all.
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 5/23/19 at 9:22 am to
Vanguard, stat. 1% a month is ridiculous.
Posted by BHTiger
Charleston
Member since Dec 2017
5155 posts
Posted on 5/23/19 at 11:37 am to
Edward Jones is a RIP off
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37221 posts
Posted on 5/23/19 at 11:58 am to
quote:

Should I remove the Stash Money (currently being charged 1% a month) or stay the course?


I'm going to assume you mean 1% a year, charged monthly, and not 1% a month.

Your EJ account, is it a retirement account through your employer like a 401K?
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