http://www.myinvestingblog.com/im-ditching-my-edward-jones-deferred-loaded-b-shares-roth-ira/ Teach Your Money To Think! Fri, 10 Feb 2012 18:37:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.myinvestingblog.com/im-ditching-my-edward-jones-deferred-loaded-b-shares-roth-ira/#comment-337 Financial Advisor Tue, 16 Sep 2008 03:34:22 +0000 http://myinvestingblog.com/2007/12/12/im-ditching-my-edward-jones-deferred-loaded-b-shares-roth-ira/#comment-337 I agree that B shares are not for everyone but I must also say that you do not understand the true difference. I must also say that you do not understand that advice rarely comes for free. So yes B shares are a little more expensive and yes you are paying for that advisors advice. Being that he or she placed you in one of the best fund companies in the world I would say you got your money's worth. I would also say that since you look at one year returns that you are probably less disciplined as a long term investor.Maybe your advisor was saving you from yourself I do that alot with my clients. As an advisor I never look at the short term And only look at the Long term when it comes to Retirement accounts. I did a little research of my own and found that the 10 year cost(fee) difference was 144 dollars. I also looked at the 5 year returns for the two funds. The New Perspective 5yr return was 12.64% and the Schwab fund was 9.61% Fees are one thing but when you give up 3% in returns over the next 20 years I would say that sometimes Advice and proven funds are worth 144 bucks. Good luck and try to look at the big picture next time! Financial Advisor:) I agree that B shares are not for everyone but I must also say that you do not understand the true difference. I must also say that you do not understand that advice rarely comes for free. So yes B shares are a little more expensive and yes you are paying for that advisors advice. Being that he or she placed you in one of the best fund companies in the world I would say you got your money’s worth. I would also say that since you look at one year returns that you are probably less disciplined as a long term investor.Maybe your advisor was saving you from yourself I do that alot with my clients. As an advisor I never look at the short term And only look at the Long term when it comes to Retirement accounts. I did a little research of my own and found that the 10 year cost(fee) difference was 144 dollars. I also looked at the 5 year returns for the two funds. The New Perspective 5yr return was 12.64% and the Schwab fund was 9.61% Fees are one thing but when you give up 3% in returns over the next 20 years I would say that sometimes Advice and proven funds are worth 144 bucks. Good luck and try to look at the big picture next time!
Financial Advisor:)

]]> http://www.myinvestingblog.com/im-ditching-my-edward-jones-deferred-loaded-b-shares-roth-ira/#comment-336 Is a recession looming in the US? Should I even invest in the market during a recession??? - My Investing Blog Tue, 29 Jan 2008 08:18:55 +0000 http://myinvestingblog.com/2007/12/12/im-ditching-my-edward-jones-deferred-loaded-b-shares-roth-ira/#comment-336 [...] ROTH IRA and 401k combined. For the sake of numbers lets say that usually buys me 100 shares of my choice of funds I’m in. Well, with the market going down, the price of those funds go down, and that means for that same [...] [...] ROTH IRA and 401k combined. For the sake of numbers lets say that usually buys me 100 shares of my choice of funds I’m in. Well, with the market going down, the price of those funds go down, and that means for that same [...]

]]> http://www.myinvestingblog.com/im-ditching-my-edward-jones-deferred-loaded-b-shares-roth-ira/#comment-335 Weekly Roundup #14 (January 26, 2008) - My Investing Blog Sat, 26 Jan 2008 08:31:23 +0000 http://myinvestingblog.com/2007/12/12/im-ditching-my-edward-jones-deferred-loaded-b-shares-roth-ira/#comment-335 [...] investigates if it matters how financial advisors are paid. As you know in my opinion, they SHOULDN’T at all; but I’m open to suggestions and this makes some good [...] [...] investigates if it matters how financial advisors are paid. As you know in my opinion, they SHOULDN’T at all; but I’m open to suggestions and this makes some good [...]

]]> http://www.myinvestingblog.com/im-ditching-my-edward-jones-deferred-loaded-b-shares-roth-ira/#comment-334 A new way to make money online; courtesy of Microsoft… - My Investing Blog Sun, 20 Jan 2008 08:15:57 +0000 http://myinvestingblog.com/2007/12/12/im-ditching-my-edward-jones-deferred-loaded-b-shares-roth-ira/#comment-334 [...] short stint of my time and quick returns like that.  This new found cash is likely headed into my Charles Schwab ROTH IRA before the April 15 deadline. Author: hank Similar Posts:My early follies in the get rich [...] [...] short stint of my time and quick returns like that.  This new found cash is likely headed into my Charles Schwab ROTH IRA before the April 15 deadline. Author: hank Similar Posts:My early follies in the get rich [...]

]]> http://www.myinvestingblog.com/im-ditching-my-edward-jones-deferred-loaded-b-shares-roth-ira/#comment-333 Weekly Roundup #11 (January 12, 2008) - My Investing Blog Sat, 12 Jan 2008 18:58:09 +0000 http://myinvestingblog.com/2007/12/12/im-ditching-my-edward-jones-deferred-loaded-b-shares-roth-ira/#comment-333 [...] share mutual funds are clearly better than “B” shares.  I discussed this one in my Edward Jones post.  ChanceFavors touches on some more of the [...] [...] share mutual funds are clearly better than “B” shares.  I discussed this one in my Edward Jones post.  ChanceFavors touches on some more of the [...]

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