I feel broker invested in to many funds for my son
He has like 20 individual stocks And also in 21 individual accts such as etf small cap international, us small cap etf u s tips etf , fundamtl intro large co index etf, same in
Emg market lg co idx etf, us small co index seems it is some money in US and international this seems very excessive to me, thou I could be wrong. My son is in the million category and per broker in the top of their line investments. Terry, how does this look to you and if not good how do you get out of that many funds? Yes it is a million plus investment . It is my broker with far far less money that I recommended to my son
I sent you an original note days ago, but feel I sent it to wrong place….I am very bad on computers. Thank you very much terry and I enjoy listening to you on WGN
Terry Says
I think the broker will get rich before your son! The broker made a commission on every one of those purchases! This is like the blind leading the blind! Why did you think you could give advice to your son? And hasn’t your son done any homework himself?
Please buy him a copy of my book, The Savage Truth on Money. And please check out this link below for Wealthramp, where he can find a FIDUCIARY financial planner to give him unbiased advice.
