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401k...learning the market
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<blockquote data-quote="air_dr" data-source="post: 944240" data-attributes="member: 29929"><p>I can't remember now, is there some flat annual account custodial fee one has to pay to prudential? Like $23... 2% of the approximately $200 nystripe is piad weekly comes out to $4. Times 52 is like $200 for a year. Figure the custodial fee and he'll lose money...like 10% Why he'd be better of putting some money in an IRA savings account at a bank where he sure won't get much interest, but at least there won't be the fee.</p></blockquote><p></p>
[QUOTE="air_dr, post: 944240, member: 29929"] I can't remember now, is there some flat annual account custodial fee one has to pay to prudential? Like $23... 2% of the approximately $200 nystripe is piad weekly comes out to $4. Times 52 is like $200 for a year. Figure the custodial fee and he'll lose money...like 10% Why he'd be better of putting some money in an IRA savings account at a bank where he sure won't get much interest, but at least there won't be the fee. [/QUOTE]
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