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Author: peppermintpatty Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19483  
Subject: Re: annuities Date: 4/14/1999 11:42 AM
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intercst said:

"One can easily limit the fees and commissions on a $1 million Foolish Four portfolio to less than $100 per year"

Your point is well made! Under that circumstance the benefit is clear & meaningful. My point, however, pertained more to purchase of mutual funds rather than direct stock purchase - the small/beginning investor lacks sufficient capital to enjoy reduced brokerage fees & diversify holdings.

As for annuities... I haven't run into a client with a $1 million portfolio yet, and I don't think that promoting an annuity would be my first thought!

Thanks for your opinion. Regards, PP
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