You're lucky the fees were only 10 bucks a year. Brokerages like to charge exorbitant fees to small, idle accounts to get them off their books. I made the mistake of leaving 300 bucks in one and it was nearly wiped out a couple of years later.
I guess I don't understand how 80 bucks could turn into 992 a few months later, then drop down to 29 dollars the following year.
A "balanced" fund shifts money in and out of stocks to maintain a certain percentage (say 50 percent) in stocks and the remainder in bonds. These do OK in the long run because they actually can profit from market volatility.
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Today's Featured Article - Identifying Your Tractor - by Staff. Maybe you bought it from a friend who didn't know what kind of tractor it was, or perhaps (and this is every tractor fanatics dream) you stumbled across it in an abandoned field covered with weeds but intact. In any case, you have no idea what the make and/or model is. For awhile perhaps it doesn't really matter. Especially if it runs! But pretty soon you'll probably need to tinker with it a bit and maybe buy a part or too. Having a manual is nice. But how does one go about dete
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