The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Broker issue||Date: 4/1/2013 2:43 PM|
|Author: intercst||Number: 71626 of 75890|
I didn't lose $200. I lost a lot more. This was my IRA account. The moment she opened it I was losing 4% in hidden fees.
Are you sure the fees are hidden? It's likely there were disclosed in the 200 page long prospectus for the mutual funds she put you in. It's very easy for a financial advisor to "cheat" you and stay within the law.
That's why the best advice is to avoid them and manage your assets yourself.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|