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Message

re: Why does anyone want to work for Edward Jones, Northwestern Mutual, etc?

Posted on 9/14/18 at 10:08 pm to
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 9/14/18 at 10:08 pm to
quote:


What do you do then big guy?



I’m in the printing business
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 9/14/18 at 10:09 pm to
quote:

I’m in the printing business


Lol so you peddle products in a dying media?
Posted by slackster
Houston
Member since Mar 2009
91871 posts
Posted on 9/14/18 at 10:09 pm to
quote:

The EJ rep was probably like “yea it’s only a 1% management fee” when in reality it’s 1.75% per year.



My friend ran a proposal for me a few months ago. I'm in a similar field so I was curious. He came in at 1.2% all in, management and next expense ratios on the holdings. That seems pretty damn fair for someone who needs their services.

However, point me in the direction of a full service retail firm for mom and pop that is better/cheaper.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 9/14/18 at 10:10 pm to
quote:


Lol so you peddle products in a dying media?


The paper I print sells itself
Posted by LZ83
La
Member since Sep 2016
17446 posts
Posted on 9/14/18 at 10:11 pm to
So you don’t sell your mind?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 9/14/18 at 10:11 pm to
quote:

The paper I print sells itself


1984 wants their statement back
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 9/14/18 at 10:13 pm to
quote:

So you don’t sell your mind?


Hell no!!

My mind is priceless. It’s not even for sale.

Even if it were you couldn’t afford it.
Posted by LZ83
La
Member since Sep 2016
17446 posts
Posted on 9/14/18 at 10:14 pm to
Can I take a picture of it?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 9/14/18 at 10:15 pm to
quote:

Can I take a picture of it?


And print it on your paper?
Posted by LZ83
La
Member since Sep 2016
17446 posts
Posted on 9/14/18 at 10:16 pm to
We don’t print the pics I take.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 9/14/18 at 10:16 pm to
I would require you to sign a NDA first.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 9/14/18 at 10:17 pm to
quote:


And print it on your paper?


You stupid frick, only pictures of Presidents are printed on my paper.
Posted by LZ83
La
Member since Sep 2016
17446 posts
Posted on 9/14/18 at 10:17 pm to
That’s pretty much our hipaa so I’ll sign it
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 9/14/18 at 10:18 pm to
quote:

You stupid frick, only pictures of Presidents are printed on my paper.


Don't you live in NOLA? You don't print money in NOLA
Posted by slackster
Houston
Member since Mar 2009
91871 posts
Posted on 9/14/18 at 10:19 pm to
quote:

Their fees are pretty much the highest out there. That's common knowledge.



I feel like we're comparing apples to oranges.
Posted by Man4others
Member since Aug 2017
2515 posts
Posted on 9/14/18 at 10:19 pm to
The only reason you should have a managed account is if you are an active trader. Like multiple trades per month. You are better off buying the growth fund of America at full commission or the SPY/QQQ at Schwab, etrade, TD, etc.

I would also avoid Fidelity due to their awful back office support.
Posted by LZ83
La
Member since Sep 2016
17446 posts
Posted on 9/14/18 at 10:19 pm to
Mingo, why are you so angry at 08?
This post was edited on 9/14/18 at 10:20 pm
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 9/14/18 at 10:20 pm to
quote:

Don't you live in NOLA?


Maybe


quote:

You don't print money in NOLA



Who said I work in Nola?
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
68242 posts
Posted on 9/14/18 at 10:20 pm to
quote:

No you don't retard



He told me that’s exaftly what they did, dipshit. Gave him a sheet and asked him to fill it out with anyone that might be interested
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 9/14/18 at 10:20 pm to
quote:

I feel like we're comparing apples to oranges.


Yeah, maybe. One product is shitty, ones not
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