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Message
Fired Edward Jones Around First Of The Year...
Posted on 12/2/20 at 7:02 pm
Posted on 12/2/20 at 7:02 pm
...and moved everything to Vanguard. Should have done that many years ago. Pretty sure I would have easily averaged netting 3%+ more per year than I did for the last 10 years I was with them.
4
Posted on 12/2/20 at 10:27 pm to auwaterfowler
Congrats.
Posted on 12/2/20 at 11:44 pm to auwaterfowler
I realized while taking a financial course in grad school that the EJs of the world exist because the general public does not understand what a mutual fund/ETF is.
Posted on 12/3/20 at 2:26 am to auwaterfowler
I did the same thing. EJ should not even be in business all they do is rip off investors
Posted on 12/3/20 at 9:19 am to CenlaLowell
I knew we were getting screwed, but my wife liked going in every year and getting a recap from a “pro”.
Posted on 12/3/20 at 9:21 am to auwaterfowler
I don't know why anyone still uses Edward Jones. Their fees are horrible. I used to have a few funds with State Farm and fired them in 2011 because of their fees being so damn high. They love to tout themselves as some sort of major player and a fantastic deal but in reality, their funds and fees both suck arse. Edward Jones is similar.
This post was edited on 12/3/20 at 9:24 am
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