edward jones rates of return

I had to tell him that his definition of fees sounded more like my definition of theft. The exchange rate applied to any particular transaction may vary from that shown. Timing and amount of withdrawals and contributions The net amount you've added to or withdrawn from the account during a particular period. that dwindled to $55,000. Many companies model this practice or worse. Good luck out there, its like swimming with sharks and you are bleeding money. Kevin Payne is a personal finance and travel writer who covers credit cards, banking, and other personal finance topics. Knowing nothing about money, I assumed I was handing my hard-earned income over to the most capable and reputable folks in the business. The rates displayed assume ownership until due date or termination date for the investment. Investment Industry Regulatory Organization of Canada. Compounding occurs because you reinvested the money earned in year 1, allowing that money to grow in year 2 along with your initial $100 investment.). Cody Kramschuster/Edward Jones - Ad from 2023-03-04 You said it better and more succinctly than my rambling post! To help put your investment performance into perspective, your return expectations should be: When evaluating performance, you should also revisit and evaluate: In addition to regular reviews with your financial advisor, accessing your account information online is a key tool for keeping up to date on the status and performance of your Edward Jones accounts. The reality is that these fees wont prevent us from retiringthe habit of saving money and the power of compound interest will overcome an unnecessary 1% fee. Personal rate of return | Edward Jones I dont think its the most optimal place to invest, and I do think some Edward Jones advisors prey on ignorance (that you dont want to know comment makes me cringe, but I would certainly not put off your retirement! Instead, I had just over $5,000 after 10 years in the market. A shares, B shares and C shares. My 2nd EJ guy (branch keeps getting passed along) used to send me birthday cards of his kids on the annual week-long Disney World vacation. Investors can then complement the S&P 500 Index fund by purchasing a large-cap or midcap ETF to fine-tune levels of exposure to the areas of the market that they want.

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