BIG Mistake ⁉️ - Investing Through Your Bank
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- Опубликовано: 13 сен 2024
- In today’s video we are going to talk about investing to build wealth. Whether you invest with a bank or through another platform.
There’s nothing that excites me more than someone that is ready to invest! 🤩
What excites me even more is when they DO take action.
But here is the problem with that, there are so many different options, and maybe the option you choose isn’t the best for you.
I am going to share a reader question today, from someone that did invest with their local bank. 🏦 We are going to talk about whether investing with a bank is the best, or right decision for you.
The first thing that you need to realize is that is if you invest with a bank, some people think that there is some added protection (FDIC, right). So we think our bank money is insured so our investments should be protected. 🏦
FALSE. 🚫
That does not apply to your investments.
Let’s take a look at the question: “I went to TD today to try to open up the Roth IRA and they were telling me that a CD would be better cause you get better rates. I haven’t decided yet but I was wondering if you could help me out? I’m only 24 yrs old and trying to expand my investments.”
🤔 WHAT? First of all let’s give this ready some PROPS, he is 24 and taking an initiative in investing.
I asked more questions and he shared with me the percentage rates that the bank shared with him.
If the bank doesn’t have any sort of investment channels, that bank is only going to be able to offer you CDs, money markets, and passbook savings.
All of those are FDIC protected, but you aren’t getting any return. The bank can’t offer you stocks, mutual funds, etc. They can only offer you banking products.
Apparently the person at the bank that gave my reader this information, either didn’t know or didn’t share this information. 🤔
Either way, this is not where you want to go to open a Roth IRA. You want to put that money into something that will grow over the long term.
I’ve seen too often that these advisors that work in banks or credit unions, operate solely on commission. So, if they are trying to recommend that you buy something, they are going to get paid once you buy that thing. That is not 100% of the time but it does happen a lot.
If you want to invest, go to an investment firm, or an online investment platform. These companies are set up specifically for investing opportunities
I wonder how many people out there have had similar situations where they are just getting this kind of horrible advice?
If that is you, I’m curious, let us know in the comments below if you’ve went to a bank or credit union to get advice and the person you talked to just didn’t know what they were talking about.
We want to make sure that is not happening to you, we want you to hack your wealth and make sure your money is being put where it should be.
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Rule of thumb...regardless of where you invest just make sure you have overall control and have access to real time performance! Do your research! Tell your money where to go!
Yes 'do your research' great tip! 😀
Do you guys have any good apps and websites to go?
*I Rather Invest In Bitcoin at 19k and Sell at 3k* At Least Someone Makes Money...just not me
😂😂😂
NEVER SELL YOUR BITCOIN! Use Defi to "borrow" it. No taxes that way..
What are your thoughts on Ally? I’ve bought my first investments through them and I’m wondering now if that was a mistake? I’d like to do a Roth with them as well.
Never go to your bank for anything. GO ONLINE and find the best product for your specific circumstances.
Why?
Why?
@@nonofyourbusiness8623 high fees when you could invest yourself
Hey Jeff, Thanks for another enlightening video. I'm glad this guy reached out and asked before taking the teller's advice! Hey, can you cover the topic of splitting accounts across banks once you reach the FDIC threshold of ensured deposits/investment balances? Wondering if we need to be super diligent to keep the balance within the insured amount or do we ever want to trust these big banks to be too big to fail? If you've already touched on this I would appreciate the link. Thanks for all you do for us who are continuously seeking financial enlightenment!
The representative for the Bank could have been telling the truth. At my brick and mortar credit union if I invest through their ROTH IRA I will get a return of .60%, a 12 month CD is 1.25%. Banks take zero risk when it comes to their Roth IRA portfolios, and people who choose a bank for a Roth IRA are looking for a guaranteed return, therefore their returns will definitely be lower. It sounds like the banker gave him the options based on what his bank has to offer.
I know it is not the best option for the 24 year old, but it might be the best that particular bank could offer.
Im 18 years old and did the same thing the man you made mention of in your video. But instead, I heard 3.6% interest for a youth account and jumped on it. And since I went in there looking to set up a retirement account I had them set it up for the longest time frame possible. So I guess they teach clerks to do that nowadays. Kinda sucks for beginners like me.
At least now you know
Thats true. Thank you for your helpful videos!
My mom keeps getting pressured to open up an investment account every time she visits TD. She does not understand much about investing and asked me to join her for an appointment they booked. I am so glad I found your video. I am definitely going to be doing more research and will be exploring other options for her.
Thank you!!!!!!
Is it a good idea to invest with your bank: Yes or No?
Yes! I get 30 free trades per month with my 🏦.
Years Ago I was told by a bank rep for IRA, put how much you want into the account
No
@@BrianNC81 which bank?
@@SharronBizMentor what did you do?
Thanks to you Jeff I started thinking about investing and putting my money to work, but here in Europe there isn't many investment companies so I opened an account in my bank. Not really satisfied because it doesn't have a good return but I can easily manage my money. It's a little risky investment fund but I hope it will have a positive return by the end of the year
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere??
What do you think about investing with Fidelity?
do you know about crypto investment?
LOVE Credit Unions! Much better interest rates than banks, and I did open my mutual fund througgh them. I'm with American Funds, and to date I've gotten an average ROI of 12 percent.
Did you buy A shares or C shares?
@@wealthhacker Not sure off the top of my head. My fund is not something I keep a real close eye on, since I'm not in it for the short term. I do check the quarterly statements, when they come in, tho.
What is an A share vs C share?
I'd never invest through my bank. I already know how that goes. You get an investment manager that cuts almost all of the profit for himself, then gives you the leftover scraps and says, "See, 6 percent is really good! You made a great choice letting us manage your funds!"
I had a bad experience investing with a bank. Never doing that again!
Uh oh! Was it due to lack of information/experience on their part?
Investing Robinhood Investor tell me please
I absolutely appreciate this video! I'm 21 and I'm trying to invest my money the "smart" way. Thank You!
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
That’s awesome! I started investing when I was 20. Except I wasn’t investing and rather options trading. Long term investing is the way to go though because it’s way less stressful! I’m 25 now and focused on long term! You can do it! (Also great video - Thank you Jeff Rose!)
@@SlaptileI’m 19 do you think I should start investing now I’ve been thinking about it lately
@@carolcity1919 yes you definitely should start! The sooner you start the better off you’ll be even if it’s just $100 a month! Best of luck my friend!
@@carolcity1919 yes you absolutely should! The sooner you start the better honestly! That compound interest is real! Good luck! 🙏
You do a good job helping people👍...Be a part of Encouraging Life Success Day...October 3rd, Encouraging Life Success Day is a day where we all wear green, which represents GOING for our goals and dreams while encouraging others to GO after their goals and dreams as well. October 3rd, Encouraging Life Success Day, wear GREEN 😊
Oh boy I'm glad I watched this before I went down there lol
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
Awesome video bro! Thanks for being so clear and informative
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere??
I’m only thirteen and am interested at investing at 14 or 15; what is your opinion on investing through TD Ameritrade?
Hey Jeff, I'm 21 years old and I'm wanting to get into the stock market. And I did my research with this video cause I was thinking about investing with my bank. (That being WF) What stock investing app should I use? I have Public already but haven't started it or should I use Robinhood?
Thanks to you, I've started investing!!!!
Awesome! Where did you start?
Acorns
I think fundrise will be the next step
unless I can send you my money and let you invest it haha
@@gregpirl2673 Haha... not needed. Sounds you're doing great!
Hello, thinking of using the invest plan with Barclays. Where they invest my money for me. I know the fees are higher, but I have no clue how to do it myself. As a minimum it wouldn’t be a con would it? How does tax work if you are doing it yourself?
You are the MAN JEFF 🌹
🙌🏽
This happened to me at around 24/25 years old. They offered me a a Roth CD at 2.5% APY.
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
im 17 and wanna Invest I’m learning to know how to then I’m gonna plan on it for when I’m 19 to invest so from on I’ll stack my money up and Invest as early as I can to try and get this bread you know?
do you still need help
@@jullietcrowns1240 yea lol a bit I’m 19 now
@@robbeattie5286 hit me up on whatrsapp
@@robbeattie5286 + 1.6.0.9.2.7.0.1.6.5.2.
How are you doing now ??
How about investing through HSBC in Hong Kong?
nice video, Mrs Patricia has shown me the better way of trading, I am blessed coming across her contact, her strategies are recommendable
Wow I' m just shock someone mentioned expert Mrs Patricia I thought I' m the only one trading with her.
She helped me recover what I lost trying to trade my self
Thanks for introducing me to Mrs Patricia
My first investment with Mrs Patricia gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
Yes I' m also a living testimony of expert Mrs Patricia , Mrs Patricia has changed my financial status for the best.all thanks to my aunty who introduced her to me
Mrs Patricia is obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 days
Her success story is everywhere
Who's this professional everyone is talking about I always see her post on top comment on every RUclips video I watched, I think I'm interested how can I get in touch with Mrs Patricia
what about chase you invest ?
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
I bank with chase, they have and investments feature they haveJ.P. Morgan securities LLC and are partnered with FINRA and SIPC, you can invest in stocks, etfs, options almost everything except cryptos and other things, I’m 19 and eager to invest, would it be a good idea to invest with them?
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
Hey Jeff, thanks for your videos I've learned a lot from them! I was wondering if you are able to make a video about investing in the U.K. (what platforms to use etc.) because I'm relatively new to investing and can't find much good advice. I'm currently depositing £X amount per month into Assetz Capital which is peer to peer lending and I've been thinking about opening a bricklane account which is a real estate investment (REIT - I think?). Any advice from anyone as to whether these are good/bad and what other platforms I can use will be greatly appreciated.
Roth IRA with Key Bank or Vanguard? Im not going to go hog wild investing but I am looking to start. Im 22
Vangaurd is the best with the lowest fees
Jeff, you might of just saved me so much headache... I’m also 24, and I currently have about $5000 in a regular 401(k). I went to my credit union to ask about a Roth. They couldn’t give me any information because the employees had no idea... I got a brochure with about 2 sentences about a Roth on it 😓 So I’ve been sitting here for a week pondering if I should roll my 401(k) to Betterment in a Roth.
I am proud of myself though, over this last month I did finally invest in stocks through the stock market. I don’t have big money like you yet so I only have 5 shares 😂 but I’m working with it! Lol
Also: you said you guys relocated to Nashville... we plan on relocating within 2-3 years.... what can I do to financially prepare? Is there anything that came up that you didn’t expect? Anything you would do differently? I want to get started on this ASAP.
PS: You need to talk to Barnes and Noble. Your book is taking way too long to get shipped to my house. 😂
Megan Barrera credit unions are useless on this area . CU doesn’t have investment account.
My credit union, both of them in fact, are partnered with a firm of financial advisers. I went to one when I was first trying to understand investing. I wasnt sure what questions to ask, but he said he couldnt really give advice on what to invest in, but did give me tips on where to look for investment information, including detailed stock info, and it was a worthwhile visit.
But the odd thing was when he said, if I remember and understood correctly, that if I bought stocks with him, it would cost $100 or something like that. It was some outrageous fee that even had him suggesting I dont bother lol
I mean come on, this was worse than most firms like TD Ameritrade, Schwab, etc...
I dont recommend any bank at all for stock investing. Their focus isnt on that, and its better to go with somebody who is focused on what you want to focus on.
Wow! Well, at least he advised you to go elsewhere! LOL
I did the same thing except he said start investing with $100 not a fee.
@@etagrats1 Maybe he meant the minimum necessary was $100 but I believe he just said a high fee. Either way, he advised me to start elsewhere despite that I clearly told him I had plenty of money to invest. The next week I invested $600 into 2 different companies, and do roughly $200 a month between them, so meh.
I have Acorns, Robinhood, M1 Finance and I used to have stockpile. Next i want to open an Ally managed portfolio just to try it out since Ally is my bank and I really like them
Awesome!
@@wealthhacker hi there am in the Bahamas I like to get some insight from you please 🙏🏾🇧🇸
What about Merrill lynch when they manage your investments instead of you
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
Where would you recommend a person to open a Roth IRA these days?
My current
Big fan of M1 finance
What about Chase bank? I see they have investing is that a good bank to invest with if you know?
Investing with the bank is not all that profitable and will take years before it improves your finance with crypto currency trading you can profit a lot in days,weeks and even months
I totally agree with your opinion, the constant growth in crypto trading has made it even more profitable for investors
And I see bitcoin making more waves in couple of months and this is me being hyper hawkish on bitcoin and blockchain companies.
That will be the best scenario, no bad drops.. I made $21k in about two weeks investing $7k in crypto trading
@@mariopaolo93 how do you earn???
My husband makes a lot from crypto investment and the funny part is that he doesn't know anything about trading but he makes so much profits just investing in bitcoin
Thank you Jeff my bro for ya advice. I'm new at this too and someone mentioned investing with a bank too so me before I make any move I want a Lil knowledge on it and when they said with a bank "key word" bank that automatically didn't sit well because banks make money off of their customers some how and I know banks have fees so investment,bank, income, fees, no don't trust it. Just don't smell right....🤣🤣🤣
I really love your videos , im saving up to start investing. Woohoo.
Whoop!
Is TD’s Ameritrade considered and online broker platform , that is, different to a bank ?
Yes. They are a brokerage firm. Not a bank. Don't be confused with TD Bank. They are two seperate entities.
Hi jeff!! Which one you recommend more betterment or wealthfront (for beginners)?? Thanks!!
Betterment
the only pro to using a bank associated brokerage is faster transfers
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
I almost forgot to ask!!
My employer hasn’t been able to give me a definitive answer... but is it possible to just do away completely with putting money into a 401(k) through work, and seeing if either they can place the money in a Roth, or I can? Would this be a bad decision?
*NOT FINANCIAL ADVICE* but If your employer is able to match up to full $ for $, I would definitely not pass on it, don’t matter who invest so long as their contributing n you have some say on stocks choices is a plus 👍🏼
↖️Some other great choices to consider on ABOUT
@@lj4001
Thank you for this video 🙌
I'm completely new to this and trying to get this all new concept to me.
Me too, I am trying to invest but it is hard to decide.
I'm trying to write master research in Finance Literacy. and then while I'm searching I found my self here. I'm trying to find the right topic I can use to solve the problem of connecting wealthy people as (engineering, doctors or any of who have useless fund) with the right financial advisers. Do you have any interesting topic or specific point affect the relationship between these two people? please advise!
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere??
If I’m under 18, what brokerage firms would allow me to invest in not only snp 500 companies, but also smaller companies on the NYSE, and ETFs?
I’m 18 and just opened an account to start trading any advice on stocks ?
What are you going to buy? I am a beginner also
I have a question. I have a money network card and don't have a bank account. Can I invest in stocks using the money network card or do I need a bank account? I can get a bank account if necessary I just don't want to if it isn't necessary.
Hey Jeff, BofA staff member offered me a 4.75% return in interest on brokered certificate of deposit with Merrill and he claimed it is FDIC insured and no risk involved. I found it hard to believe with the "no risk involved" remark ... what is your opinion on this?
What's your opinion on investing with JPMorgan Chase? I already bank with Chase and they want me to allow JP Morgan to invest my money in stocks.
Check the fees and report back
I'm thinking about investing through them or Edward Jones. The fees are basically the same
Can you do a video for choosing the best personal line of credit? Not sure if you’ve heard of velocity banking before if not you should look it up. Apparently this is the technique a lot of rich people use.
What about the online "Broker" websites that scam people?
Deleting account that get 7K+ on investments...!
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
I like it for flash trades when I need to transfer money quickly for a quick trade where I need 100% funds ready to be deployed.
Please can you tell me the top best investment app to invest
In U.K. you can get a stocks and shares isa tax free up to 20k a year I think ?
😀👍
Yes you can, I have one. And we have the same sir name. 'Warren' 😁
Love your content!!! Thank you! I do have a question, I would like my move my old pension (pension not 401k :)) from my previous job to another fund where I can manage better. Now sure where. I was thinking with my local bank, specifically chase, but not too suere to be honest if I should. Any suggestions? Thx!
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
Hello,
I am 17 years old and would love to start investing and have started doing lots of research and watching lots of videos on it. But I still cannot figure out how to start? I wanted to start a Robinhood account but I really don’t understand how you make money from that AND, you have to be 18 to start a robinhood account. Is there a specific website you go to to start investing or getting mutual funds or etfs? What about buying stocks/shares in a company like Amazon or the Walt Disney company, how would one do that?
M1 Finance would be a better bet for those starting out. No fees, preset pies that will help you pick good stocks and you can take time to learn more before jumping in too deep.
It lets you invest in your own stocks also, has fractional share investing, which is best for those with low amounts to invest monthly, meaning that you can buy that $600 stock with only $60, and essentially, they will buy 10% of that stock for you, and you really own and if possible, will get 10% of dividends from it.
Its a great new age feature for low input investors.
You need to be 18 to invest in anything, period, so just focus on saving money for now.
A Roth IRA needs $500 to start. A basic taxable account needs $100.
Other investments also have minimums, such as Fundrise, which is $500.
There are platforms with no minimum, but you might as well have a nice sum ready to start, and you will want savings in the bank for back up money so you arent feeling like you are living check to check.
Basically, dont think that just because you have your money in an investment account, that it is completely liquid. It isnt a replacement for a savings account.
Read online about this if you havent. You want 3-6 months of bills in savings. I only keep 3 months because my bills total so little, but the higher your living costs, the more you want as back up since anything could happen. Invest over that amount.
I am saving in my savings account and investing at the same time, but like I said, my bills are so low that I am not worried. I could pay rent etc.. with a part time job that I could get in a month or less.
So no need to rush into investing too quickly, and when you do, diversify :)
Great work man!
Im following your advice and info. And you have helped me to find a way. A way to atleast find a way lol. I feel like your knowledge and experience gives me an advantage. And your never too old to make the best of oppurtunities, This is for my family. My question is should i worry about a reccession coming and not invest now?
Imhotep &Taharqa ́s Music Hacking is very real cause I got $8500 into my bank with the help of Sachin bhatt and you can contacted him on IG @KINGZ_0689 / WHATSAPP 13153255297
So I have a northwestern mutual life insurance policy right now for the past 3 years. I work overseas as an engineer on ships in dangerous environments for my work so I was attracted to this retirement investment that is also life insurance. However recently I’ve been told this may be a bad deal and I should cancel my policy and change my funds to an ira. What are your thoughts?
Hi, what do you know about Merrill of Bank of America? I want to do my first investment.
As soon as he said Robinhood I’m like fuc that bye ✌️
let me tell the most story is I don't invest in banks but I work for a bank XD
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
He mention TD though.
Doesn't TD have TD Ameritrade?
I know they count as different, but still why not tell him on that? Or am I wrong?
Btw I'm still new myself I'm 22
I have a question I saw Robinhood has fractional share. I know I might sound mad dumb.
Let's say I want disney and its $139
Lets I don't have that. And I'm putting $20 every week into that when I finally hit $139 will it still count as a fractional share or will it turn into a share?
Should I stop or just take the money inside my tfsa bank account somewhere else? :.l Rbc btw
I've tried investing with my bank in what I thought was a money market account.... and it just sat there not moving, after a year while on the phone with a bank rep he suggested I move the money to savings as it would at least gain a little interest... I head no idea what I was doing and neither did he.
Oh no!
Why are you yelling. Dude stop yelling to make your point.
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
What I want to know about Fundrise is what kind of returns you expect from $500? Do people keep investing in it or is it a one time thing? My apologies if I went off topic with the video.
Either or but typically people invest more into it
im 16 and I dont want to think about money ever. but im from europe and here theres no roth ira or nothing so its so confusing
Thank you Sir!!
I invest in animals ,seeds, and fruit trees and moving towards a bill free off grid life. I also invest time to earn new skills that will help.me long term! i dont trust anybody let alone with my future. the money is in the garden and my soil is my bank.
😃👍
I invest with chase self directed account, they aren't that bad and don't charge fees. Should I leave?
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
I have Ally bank, is Ally invest a good option to start an Roth IRA?
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere??
great episode although this is my first time watching. was wondering the same thing; want to put some money away into an investment account for it to grow over time plus been told about different apps like Yieldstreet, Ameritrade, E-Trade, but honestly don’t know where to start and if to consult a investment advisor at my bank. any tips would greatly be appreciated.
I live in Qatar. Opened an account with interactive brokers. Deposited. Out of 100$ only 54 laid down in deposit. In some cases banks are better than international brokers, because to deposit you still need that going through your bank.
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
@@jessicawiley9592 I don't know. Tell me about yourself.
Oh... I'm Jessica Wiley from Palm 🌴🥥 Beach 🏖️⛱️ Gardens Florida 🇺🇲, I am a professional market analysis and expert binary trader 📈
How about you and where are you from?
@@jessicawiley9592 I don't know. You can email me, I don't really get you
Wish I saw this video 2 years ago. The same thing happened to me now I have a Roth IRA CD with my credit union seeing very little return. I want to get my contribution back so I can put it towards index funds and/or a regular Roth IRA elsewhere. What should I do? I'm 25 btw
Javon investment in the market. Credit union are useless on this
@@derbywinner6316 I know this now
What about using your bank as a broker to upen up a trading account to invest in shares?
Some banks offer that
I want to invest but I don't know much about investing...I am only 25 and I have no background in investment
Hey Jeff Rose i am looking to open up an investing account and cannot decide whether Quest trade or Vanguard is the way to go, when it comes to buying individual stocks and Etfs. I am 22 from BC Canada new to the game, apart from comparing commission rates between both companies what can recommend to look for before using both platforms ?
Thanks Jacob
Vangaurd is the best
I’m interested in investing but I know nothing about investing,
Where do I start?
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
HeyJeff, by any chance did you work for navy federal? Just curious, and if so can you tell me how the fellow CFAs were there vs other places?
I didn’t
So if i have student loans that i am paying as a debt...but also want to invest what is my best option?
Pay off debt. The interest they are guaranteed to make off of you is more than the possible profit you will make from investing your money. There are exceptions to these circumstances, but at the end of the day its up to you and what risks you want to take.
So investing on JP Morgan account does not generate good money?
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
Hi Jeff! Great and awesome content as usual. Probably a bit OT, but by any chance do you happen to know how can we invest in the US market if we live outside of the US? Thanks for your time. Cheers!
Can you buy an ETF in the SP 500?
@@wealthhacker Thanks for the reply! I'm just about to open an account with a broker. I'll come back and report, just in case somebody is interested! (BTW, I'm in Buenos Aires, Argentina). Cheers!
where should i invest
I have my trading system sorted out by Jim oddain invest with him and grow money in a more secure account. Details discussion 1(518) 310-7285
You so darn right!
Fumed at False bankers, wen there is so much to go around n share in honesty n goodness..
.. n why I’m tryin’ get the word out of the many opportunities open to all right now, be part of the
A-Team
↖️Take a peek on the ABOUT
n you’ll find the real!
Yeah my Wells Fargo ira account hadn’t done jack.
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
Hi I have a question I'm with Primamerica and investing with Mackenzie Investments corporation there fees are Mer %2.50 plus backend sales charges of 0.75% plus 0.07% on traditional sales yearly it im not being charged it will take affect of my return (this is how much fees are with Mackenzie investment with moderate growth) that could earn me 6% to 7% but my tangerine bank offer me 1.07% with no sale charges and addtional fees show I make the switch with the same return. and I did the comparison if I would invest between Mackenzie or my bank and with my bank I will be saving 27k on fees at a 7% return for the next 20 years
anthony tamburro Hacking is very real cause I got $8500 into my bank with the help of Sachin bhatt and you can contacted him on IG @KINGZ_0689 / WHATSAPP 13153255297
Thank you
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Hi I just need ypur advice. I just got a lumpsum amount and I am not sure what to do with it that can make money for me. I went to my bank and was advised of a moneymarket account. Please afvise me what I can do better in order for my money to grow with minimal or no effort.
What did you decide to do ?
I am a account holder of bank of america and they offer the Merrill edge. Should i invest with merrill?
I invest in Merrill Edge. It’s a lot more user friendly than Vanguard. The only thing I don’t like is that they charge $20 for mutual funds.
Karen Carranza thanks Karen I started investing with Merrill edge and bought some shares of index funds. Its a start! Its pretty user friendly too.
I invested 4k USD or 200k php in PNB (Philippine National Bank) and barely go up in value for the last 3 years.
I still have trouble where to invest it.
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
I have invested with M1 Finance day one was great, but it has been falling everyday since then. I'm still up, and I'm not backing out.
This is when most people quit. DON'T do that.
Yeah, my account also dropped a decent amount. I am down around $6 on a $500 deposit. I was down $8 at one point. But this is to be expected with the volatile market. Ups and downs all the time, but mostly ups and picking the right stocks that will weather the storm. I have all dividend stocks so I expect them to make up the difference at worst (these are stocks that have a good history of paying out dividends of 3-6%)
What about Fidelity .. they have branches nationwide??
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
First ☝🏾 🙌🏾🙌🏾😊😊
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What’s about Bank of America Merrill edge
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?
I do invest with my bank, my bank is charles schwab and I've been almost 99% satisfied by them.
My bank is PNC and I am also very satisfied
The bank employee was right… We can open an IRA but the rate is lower than a CD… Different than an investment IRA with our FC… do some more research buddy boy
Sorry for writing, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?