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this post was submitted on 09 Jul 2025
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Yes, but they make money when I make money. I pay like $750 per year to keep my account open, but other than that he only takes a percentage of my monthly gains. The more money he makes me, the more money he gets from me.
And yes of course I could do enough research to match or very them in gains and I could spend enough time watching the markets to make sure I am making sound decisions. Or I could just pay someone a few hundred bucks a month to do it for me. I know what decision I chose.
I think you missed three facts that I keep trying to hammer home.
Thank you. You are the first person to actually understand what I am trying to say.
That doesn’t make any sense, they have a shared interest. They make more money when you make more money.
Yeah, I do the ETF thing too.
I get the possibility of some kind of insider trading, but they still have to make good returns or they’re gonna lose the job.