RUMBYE Date: 9/5/99 9:14 PM Number: 13671 I am in my sixties and have a structured retirement plan assets invested through advisors. I am content with that.We also have some money with an advisor. But I insist on a performance review. Over a three year period, he must do better than an unmanaged investment in the S&P500, including dividend reinvestment. He's at 22 months and losing right now. I can't see paying to underperform a "dumb-as-a-stump" investment.I am concerned about online security and safety of my funds with the online brokers.Every online broker I've seen has the same federal SIPC insurance as your high cost broker, good for $500,000 per account, plus additional insurance to some multi-million level. There is a board dedicated to the discussion (enter "Discount Brokers") in the board field below this message, which has a FAQ that will lead you to good internet resources.
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