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Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2013
Posts: 7,739 |
Hello I am thinking of moving an account from ed Jones to fidelity investments.
Your in put is appreciated.
John
"Shoot low sheriff, I think he's riding a shetland!" B. Wills
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Joined: Dec 2003
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Campfire Outfitter
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Campfire Outfitter
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I just moved an account out of Fidelity today so there should be room.
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Joined: Apr 2001
Posts: 6,251
Campfire Tracker
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Campfire Tracker
Joined: Apr 2001
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Hello I am thinking of moving an account from ed Jones to fidelity investments.
Your in put is appreciated.
John I did the reverse move, and am much happier with the results.
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Joined: Aug 2002
Posts: 14,064
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2002
Posts: 14,064 |
I didn't care for Edward Jones and have had a great experience with Fidelity. I'd go with just about anybody before I went back to Edward Jones.....
Biden's most truthful quote ever came during his first press conference, 03/25/21.
Drum roll please...... "I don't know, to be clear." and THAT is one promise he's kept!!!
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Joined: Nov 2011
Posts: 30,954
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2011
Posts: 30,954 |
I'm with Schwab, but Fidelity also a good company to work with.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Joined: Apr 2008
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Campfire Ranger
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Campfire Ranger
Joined: Apr 2008
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So where would someone put 50k these days for a long term safe investment.
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Joined: Feb 2009
Posts: 11,916
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2009
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We have had an account for the last 26 years.
While we did loose some dough in 2001 we have made it back and more.
I really liked the Contra and Magellan funds.
We have some others but the most goes in these two.
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Joined: Oct 2009
Posts: 12,479
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2009
Posts: 12,479 |
So where would someone put 50k these days for a long term safe investment. Research no-load mutual funds, and take your pick. If you're paying "fees", you're gettin fcked. Jones, Fidelity, etc., are financial "advisors" that work like H&R Block tax preparers. Locked into a computer programmed pattern that guarantees a return for the company, but not necessarily, you. As can be seen from the above posts, they bat .500. So half the people are always switchin from one to the other. But the fees keep rollin in.
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Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 66,967 |
So where would someone put 50k these days for a long term safe investment. Well, they just blowed up the saudi refinery Letrx and the russia fund might be fun to play with now, again. But you got to watch it every day. 😄 When it hits $60 dump, dump, dump Oh wait....you said long term and safe scratch that
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Campfire Ranger
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Campfire Ranger
Joined: Mar 2009
Posts: 18,125 |
I’m thinking about pulling everything I have.
#fuggit
~Molɔ̀ːn Labé Skýla~
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Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
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I have been happy with Fidelity since 1985. Upon my retirement four year ago I managed my funds within Fidelity. Since retiring I gave them that duty. They issue my monthly pension and I go to one site and see where I run, fully. I meet quarterly with my adviser and tweak as I desired. They are a solid company.
Conduct is the best proof of character.
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Campfire Ranger
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Campfire Ranger
Joined: Jan 2009
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So where would someone put 50k these days for a long term safe investment. Please define, for you, "long term" and "safe" . . . Based on your answers I may have some ideas for you.
"All that the South has ever desired was that the Union, as established by our forefathers, should be preserved, and that the government, as originally organized, should be administered in purity and truth." – Robert E. Lee
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Campfire Ranger
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Campfire Ranger
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Vanguard is a good company to be with.
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Campfire Tracker
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Campfire Tracker
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So where would someone put 50k these days for a long term safe investment. cash flowing rental real estate
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Campfire Regular
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Campfire Sage
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Campfire Sage
Joined: Jun 2002
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Hello I am thinking of moving an account from ed Jones to fidelity investments.
Your in put is appreciated.
John My dad had most of his money with them for the majority of his adult life. When he turned eighty-five, they informed him that it's their policy not to keep people with them at that age, and they asked him where they should deliver his portfolio. He didn't appreciate that.
Last edited by The_Real_Hawkeye; 09/19/19. Reason: Corrected the age at which this happened
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Campfire Ranger
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Campfire Ranger
Joined: May 2005
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Jones, Fidelity, etc., are financial "advisors" that work like H&R Block tax preparers Fidelity is not like Jones. They and Vanguard are very much like each other and are not active managers of your money. The result is very low fees. When you get to a certain level with them they will offer personalized advice but it is up to you to manage your money. As far as where to put a long term investment. Lots of low cost index funds at either Fidelity or Vanguard. Both are good places but remember "safe" is relative and directly related to when you need that money.
If something on the internet makes you angry the odds are you're being manipulated
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Joined: Jan 2015
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Campfire Regular
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Campfire Regular
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I didn't care for Edward Jones and have had a great experience with Fidelity. I'd go with just about anybody before I went back to Edward Jones..... My sentiments exactly.
The biggest problem our country has is not systemic racism, it's systemic stupidity.
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Joined: Jan 2015
Posts: 2,686
Campfire Regular
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Campfire Regular
Joined: Jan 2015
Posts: 2,686 |
Hello I am thinking of moving an account from ed Jones to fidelity investments.
Your in put is appreciated.
John My dad had most of his money with them for the majority of his adult life. When he turned eighty, they informed him that it's their policy not to keep people with them at that age, and they asked him where they should deliver his portfolio. He didn't appreciate that. Which one did your dad have his money with?
The biggest problem our country has is not systemic racism, it's systemic stupidity.
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