No. of Recommendations: 0
If you go with Charles Schwab or Vanguard you can invest in no-load index funds. No management fees; total fees are well under 1%. If you want some advice, you can pay a flat fee with Schwab or Vanguard and have an advisor review your portfolio. Whenever you go to a full service broker like ML, they get you coming and going. There have been many studies done and actively managed funds almost never beat the market. You will save thousands upon thousands. I was with a full service broker and got fed up. I transferred everything to Schwab and I couldn't be happier. I recommend you read this book - "The Investor's Manifesto Preparing for Prosperity, Armageddon and Everying In Between" by Willam J. Bernstein. Good luck!
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.