• newcool1230@lemm.ee
    link
    fedilink
    English
    arrow-up
    3
    ·
    30 days ago

    All financial advisors I’ve talked to always tried to sell their mutual funds or some bank product to me. One of them even said the s&p 500 is the worst etf to invest into.

    • ImminentOrbit@lemmy.world
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      edit-2
      29 days ago

      I would recommend against using those then. The one I’m using from Edward Jones is buying funds from a number of different companies, not just specific to Edward Jones. It’s important to ask a potential financial investor how they get paid and that can help you understand whether they’re going to be working in your best interest or not.