Quote:
Originally Posted by Bdv2642
so the broker takes all the risk? Don't think so. Why would someone spend their time to invest your money and if it goes wrong they have to come up with the difference? Might not seem that unreasonable with one person's money but imagine if the broker is playing the market with all of his client's money in this manner. He would go broke the first time the market takes any kind of hit. seems too good to be true. and unless you are investing in hedge funds, brokers are not allowed to "day trade" with your money.
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Not sure what your talking about ; but I have had a broker going on 10 years and he invest my money in solid stocks and buys back in with dividend payments....
In 20 more years I can live off just Dividend and not have to touch my retirement...at all