No. of Recommendations: 5
For those of you who replied to my post "Slow death of an IRA" you know what my story is. But as of today I was shelved by my mom, so that my brother could take over any financial matters that they have. My brother is actually I finance major at Texas Tech. He knows so much that he doesn't even know how the firm he is interning at makes money. "They charge like a 1% fee, just once and then you don't pay anything anymore." That was a direct quote from him 30 minutes ago. Hmmm. Sounds to Wise to me. He knows so much that he wanted to invest in a mutual fund that requires a $250,000 minimum when we don't have to much money to start out with. But alas, my mom is going to call the "president" of that firm and talk to him about it. She still won't understand what her money is doing, nor care. But as for me, I will not worry anymore about my parents. Well except my dad, who wants to open his own IRA. Back to investing just for me. How liberating. Thanks for listening to me vent and helping me all you did. Your advice was invaluable and will help me for the rest of my life. On ye Fools into the unknown.

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