Comments on: Best Online Stock Brokers And Trading Platforms In 2024

By: Robert Farrington

Robert Farrington — Wed, 03 Feb 2021 16:57:54 +0000

In reply to Wendy Gross. Robinhood turned off instant deposits for crypto, but they still allow it with settled funds. With that being said, it was never a great crypto platform because you never actually owned your own tokens/coins. Check out this list of the best crypto exchanges if you really want to go that path.

By: Wendy Gross

Wendy Gross — Wed, 03 Feb 2021 16:55:59 +0000

Robinhood is no longer allowing investing in cryptocurrency!

By: Robert Farrington

Robert Farrington — Fri, 08 Jan 2021 17:29:00 +0000

In reply to Angela. We're not big fans of Edward Jones. See this Edward Jones review. We also have this horror story: How Honest Financial Advisors Should Disclose Their Fees. If you really want to pay an advisor, you should look at a service like Vanguard PAS (which you're already using Vanguard for things it sounds like). Vanguard would handle all the legwork to get everything migrated to them.

By: Angela

Angela — Fri, 08 Jan 2021 15:46:11 +0000

Hi Robert,
I was wondering what your thoughts are on Edward Jones? I am switching from a SEP to a 401K solo. I currently have my SEP and other stock investments with Edward Jones. My fees last year were approx 1.65% of my total balance. I feel this is extremely high although my investments did very well in 2020, almost 29% in my mutual funds and 52% in stocks. Is it worth paying almost 2% in fees to achieve high returns or are those comparable to other companies in 2020? I am not super knowledgeable about investments, so I rely on my broker to advise me of the best funds, stocks etc.
I see my advisor once a year for a planning session and I have been called once about a hot stock investment. Is it worth it or should I just move everything to different company that charges less?
I have other investments with Vanguard, but their 401K solo per your article isn’t the best option in your opinion.
I would still like some professional advice, but I don’t want to pay the amount I am paying now.
I also don’t want to have accounts with lot of different companies to keep things simple. My young son’s investments are with EJ too, that I would want to move with my investments.
I would welcome your opinion.

By: Robert Farrington

Robert Farrington — Sun, 12 May 2019 19:53:53 +0000

In reply to Farrell James.

Where did you see this? I just checked their pricing page and it says $6.95 for US equity trades and ETF trades? See here: https://www.tdameritrade.com/pricing.page