Never invest with a broker like Edward Jones. They are ripoffs. You can do it yourself and could have easily opened up an Etrade for your daughter or another online brokerage account. With the no fees now it makes sense.
stockguru, the only reason I have the Edward Jones account is because he refers me clients. I felt I had to repay him, but I don't refer my clients to him for investment advice. I only gave him my smallest account. Given a choice, I would be investing her account on my own, but sometimes you don't have a choice. He's been pushing me to turn all my accounts over to him. Hell no, I gave him my smallest account to keep the peace and to keep the referrals coming.
stockguru, the only reason I have the Edward Jones account is because he refers me clients. I felt I had to repay him, but I don't refer my clients to him for investment advice. I only gave him my smallest account. Given a choice, I would be investing her account on my own, but sometimes you don't have a choice. He's been pushing me to turn all my accounts over to him. Hell no, I gave him my smallest account to keep the peace and to keep the referrals coming.