Quote:
Originally Posted by retiredguy123
In my opinion, a bank's trust department is not an organization you can trust. It is one of the worst places to invest your money. I use a bank for a checking account only. I never invest any money with a bank.
I have always used Fidelity Investments and Vanguard Investments for mutual funds, and I have never paid a penny to a broker.
|
Banks trust depts known for being very conservative and first priority is never to lose money.
That leads to not making much either.