Talk of The Villages Florida - View Single Post - Please explain to me like I'm 12, why I should fire Fidelity, EJ, etc.
View Single Post
 
Old 03-24-2025, 06:42 AM
stevecmo's Avatar
stevecmo stevecmo is offline
Member
Join Date: Apr 2021
Location: FFHT
Posts: 86
Thanks: 300
Thanked 140 Times in 46 Posts
Default

Quote:
Originally Posted by mgman View Post
I have been a client of Edward Jones for more than 20 years. I use their 'Advisory Solutions' program and have averaged 7% after all fees over those years. All I have to do is take my tax papers and file income tax. They do minimum withdrawals and wire money to my checking account. I could do it too, but who wants to spend time doing the footwork.
The S&P 500 has averaged 11.8% return over the last 20 years. Let that sink in. Edward Jones did you no favors.