Posted a few weeks ago in another subreddit looking for a little advice, and was given some caution toward Edward Jones. I looked to this subreddit, and have seen similar doom & gloom.
I've had a brokerage account with Edward Jones since 2015, it's entirely hands-off, and it's done great. Annualized return of 10.42%, and all I do is stick money in there. I'm thinking of opening a SEP IRA with them as well. I have an IRA with Schwab that's gotten more like 6-7% in the same time period (maybe because I'm not great at investing).
Am I missing something? I understand that fees will eat into your gains, for sure, but even with that, I've gotten passive gains that anyone would be happy with. I feel like y'all are a bit too hard on them.
Submitted August 22, 2020 at 08:18PM by ShrimpCocktailHo https://ift.tt/3glfVEq
