Thread: Nobody wants to talk about Wall Street today?
View Single Post
  #29 (permalink)  
Old 09-16-2008, 02:46 PM
cobra de capell cobra de capell is offline
Banned
Visit my Photo Gallery

 
Join Date: Nov 2003
Location: Middle Of Nowhere, USA
Cobra Make, Engine: ERA 428 FE 4-speed CR "TL" heavy spline
Posts: 3,907
Not Ranked     
Default
Quote:
Originally Posted by wtm442 View Post




RIP, my portfolio.
Look at it this way, your portfolio manager makes money whether the market is up or down - you are fully supporting his/her lifestyle and even if you are in a mutual fund - the costs don't change, up or down - so at least the cost levels are consistent - once again, with you supporting a very good lifestyle for brokers.
Reply With Quote