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/biz/ - Business & Finance

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901212 No.901212 [Reply] [Original]

I am 23, I have 8k in extra savings sitting in the bank doing nothing, and so I want to make my money work for me.

So tomorrow I scheduled a meeting with a financial adviser, a guy from Edward Jones.

Any tips? pic unrelated

>> No.901216

Does it cost anything to go see the advisor?

>> No.901219

>>901216
no. I went once last october with my grandpa, my grandparents go through the same guy. unfortunately, last year i was worried about layoffs at my job, and I was laid off finally in april, but now im in a new stable job and am ready to take command of my economic future.

>> No.901223 [DELETED] 
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901223

>>901219
Silly anon-kun, make fucking sure your advisor is someone who actually knows what the fuck is going on and isn't a fucking new MBA hire straight from college.

>> No.901232

>>901223
He has 6 years experience, idk if thats any good. Here is a third party site with some background info on him as an advisor. not much to go off off though.

http://financial-advisors.credio.com/l/391661/Justin-Wise


My grandparents say he has done very well for them

>> No.901327

>>901232
Well, if it doesn't cost anything you should at least hear what he's got to say. Not like you've got to invest all your money directly after the meeting.

>> No.901500

>>901212
I wouldn't go through Edward Jones; they are notorious for charging exorbitant fees.

Instead if I were you I would read up on boglehead and other investing forums, learn how to manage my own assets, and create a brokerage account through, say, Vanguard, which is known for very low fees.