My friend invested 2 million dollars with Merrill Lynch and makes enough in interest alone to live a very decent life. I want similar for myself but I don’t have the same starting capital as him. So I wanted to invest $300-$1000 initially with Merrill Lynch into a retirement account and let it naturally accrue interest over the years with me putting in extra money when I have it. I have various financial goals but I want to start with investing in my future now.
How do I start? Is Merrill Lynch a good place to start? Can I start off with investing $1,000? How much will they take in fees? Will they choose stocks and bonds for me or do I specify which ones I want? What’s a realistic expectation?
Submitted September 09, 2018 at 12:25AM by righteous_musketeer https://ift.tt/2CycITl
