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Yupster

(14,308 posts)

27. Then you're right back to the same thing

Reply to The Green Manalishi (Reply #24)

Wed Apr 27, 2016, 10:57 PM

Apr 2016

The broker at the Credit Union makes a commission selling you that bond.

I don't have any problem with that.

My problem is calling someone when a bond comes due and asking what should I do? He charges you $ 50 for the phone call and tells you to buy another bond. Then you go to a broker and buy the bond.

Why not just go to a broker you trust and he'll sell you the bond without the middleman?

When your toilet is slow do you call a plumber to ask him what's wrong and then call a different plumber to fix it?

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Highlight:

Washington Republicans want to kill conflict-of-interest rule, say it will harm retirement savers [View all] jpak Apr 2016 OP

Fee based is the only way to go The Green Manalishi Apr 2016 #1

I'm with you. forest444 Apr 2016 #2

In most cases I disagree with you Yupster Apr 2016 #11

What I mean is paying an expert to tell you what to invest in The Green Manalishi Apr 2016 #12

Most brokerage firms are moving toward fee based investment plans Yupster Apr 2016 #14

I merely asked my advisor what to buy The Green Manalishi Apr 2016 #15

So what do you do when you have a bond come due Yupster Apr 2016 #16

It varies. The Green Manalishi Apr 2016 #17

But how do you buy the bond? Yupster Apr 2016 #21

Yes. The Green Manalishi Apr 2016 #24

Then you're right back to the same thing Yupster Apr 2016 #27

I see what you are saying, but The Green Manalishi Apr 2016 #29

Unless it is a muni bond from some place like Detroit 1939 Apr 2016 #22

This message was self-deleted by its author Yupster Apr 2016 #28

obfuscation DiverDave Apr 2016 #13

I don't understand what you mean. And no need for insults. The Green Manalishi Apr 2016 #18

Man, you don't get the rule change DiverDave Apr 2016 #19

Your comprehension sucks The Green Manalishi Apr 2016 #20

One thing that i have learned over the course of my life 1939 Apr 2016 #23

The new ripoff market 2naSalit Apr 2016 #3

Nailed it!!!! Wellstone ruled Apr 2016 #7

Vote us into government because government cannot work... athenasatanjesus Apr 2016 #4

The standard US business model in three words: Lie, cheat, steal. PSPS Apr 2016 #5

Whose retirement savers? RoccoR5955 Apr 2016 #6

Not just the Repubs but HOW BLATANT CAN YOU BE??? underpants Apr 2016 #8

You left out the full headline Lucky Luciano Apr 2016 #9

If a republican said it, it's a lie! Uben Apr 2016 #10

This is typical republicanism.. sendero Apr 2016 #25

Really no big surprise since they practice 2naSalit Apr 2016 #26