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Is investing in your bank's mutual funds and setting up an appointment with one of their "consultants" a big meme?
They make it seem like it's really easy to make profit.
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Yes it's proven to have inferior results. I suggest looking into the "boglehead" ideology.
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>>1649484
I'm a banker. Don't do it.
This shit ain't hard. Read a book or two on personal finance and then stick with low cost index funds.
You only need the bankers for complicated situations like trusts, tax strategies, cash management for large sums of money, etc.
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>>1649513
>>1649509
Alright thank you for helping me evade a meme.
Can you recommend a book on personal finance?
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>>1649518
see pic. dumb title, but the content is legit.
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>>1649521
Does it matter if I live in Canada? Or is it advice in general?
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Most banks charge retatded fees.
One in particular charges a 5% fee your first year and then 1% each year after.
Compare that to Vanguard's fees and you'll realize how badly you're getting fucked
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Vanguard charges... 0.95% yeah?
Thread posts: 8
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