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 - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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