Posted: 2/28/2009 11:14:38 AM EDT
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Anyone ever used the Mutual Fund Store for some or all of their money management?
Heard their program on the radio this morning and thought that, I guess he's the owner, Adam Bold(sp?) had some interesting things to say. I'd be interested in hearing opinions both positive and negative. http://www.mutualfundstore.com/ |
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Anyone ever used the Mutual Fund Store for some or all of their money management? Heard their program on the radio this morning and thought that, I guess he's the owner, Adam Bold(sp?) had some interesting things to say. I'd be interested in hearing opinions both positive and negative. http://www.mutualfundstore.com/ I hear their shit advertisement everyday I get into my car. It's nothing new that ANY brokerage house will tell you. IMO, they are full of shit, like anyone that bases their reputation on returns. EDIT: Oh, and businesses like this operate on a transaction basis, so I am willing to bet you aren't going to get much service from them. Depending on what you want to do, transaction based relationships might be good for you, but for more people working towards goals like retirement, education, financial stability, it is not a good idea. what is it that you want them to do for you? |
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Seems like the same stuff you could get with a Schwab or Fidelity or Vanguard account. Stick with the above. There is no need to go beyond a Schwab, Fidelity, Vanguard etc. Schwab = brokerage house, your options are only limited by their book of business. Fidelity = MF company that only provides Fidelity funds. Vanguard = same as Fidelity, but Vanguard funds only. (for clarity) |
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Discussed here: http://forums.registeredrep.com/forum_posts.asp?TID=7614 |
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Seems like the same stuff you could get with a Schwab or Fidelity or Vanguard account. Stick with the above. There is no need to go beyond a Schwab, Fidelity, Vanguard etc. Schwab = brokerage house, your options are only limited by their book of business. Fidelity = MF company that only provides Fidelity funds. Vanguard = same as Fidelity, but Vanguard funds only. (for clarity) Wrong, you can get a brokerage account at Fidelity or Vanguard and get the mutual fund supermarket just like Schwab. |
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Seems like the same stuff you could get with a Schwab or Fidelity or Vanguard account. Stick with the above. There is no need to go beyond a Schwab, Fidelity, Vanguard etc. Schwab = brokerage house, your options are only limited by their book of business. Fidelity = MF company that only provides Fidelity funds. Vanguard = same as Fidelity, but Vanguard funds only. (for clarity) Wrong, you can get a brokerage account at Fidelity or Vanguard and get the mutual fund supermarket just like Schwab. ahhhhh, forgot about their new advisory service....my bad. EDIT: Looks like everyone wants a piece of that $5 trillion or so moving around with baby boomers retiring and dying. Brokerage platforms are no longer enough. |
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Seems like the same stuff you could get with a Schwab or Fidelity or Vanguard account. Stick with the above. There is no need to go beyond a Schwab, Fidelity, Vanguard etc. Schwab = brokerage house, your options are only limited by their book of business. Fidelity = MF company that only provides Fidelity funds. Vanguard = same as Fidelity, but Vanguard funds only. (for clarity) Wrong, you can get a brokerage account at Fidelity or Vanguard and get the mutual fund supermarket just like Schwab. ahhhhh, forgot about their new advisory service....my bad. EDIT: Looks like everyone wants a piece of that $5 trillion or so moving around with baby boomers retiring and dying. Brokerage platforms are no longer enough. What? Both have had brokerage accounts for years, and copied the mutual fund supermarket thing that Schwab started years ago. I have had access to many firms funds on a no load basis through Fidelity for many years... |
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That is funny, I was getting a degree in computer engineering and ended up with a job in the financial world... Yep, worked creating the software the trading desks used at a couple large firms, exotic options were an interesting thing to code. NDFs too (Non deliverable forwards), pure casino gambling... |