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Investing/Strategies / Retirement Investing
|Subject: Re: Broker issue||Date: 4/1/2013 2:43 PM|
|Author: intercst||Number: 71626 of 81982|
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.
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