Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: mkkrum Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25318  
Subject: Prud. "Low 5" Unit Trust? Date: 10/5/1999 4:02 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Question: Anyone know anything about Prudential's "Low 5" Unit Trust?

Situation: Left old job, will transfer old 401K into self-directed IRA with on-line broker. New job (small company) has SARSEP as a retirement savings option. All SARSEP stuff is with Prudential Securities. The upside: it's self-directed. The downside: it's a minimum of $55 per issue. OUCH!!!!!!!! As a monthly/semi-monthly investment, that seems like an awful lot of money. Prudential dude suggested their "Low 5" Unit Trust, which he claimed is similar to the Beating the Dow strategy.

The fee structure looks like this: 2.06% up front, then at month 13 it changes to 1.31%.

Info? Suggestions? Assistance? I have a little time before I have to make a decision.

Thanks--

mkkrum
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! 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.
Advertisement