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Old 28.04.2020, 12:42
wantone wantone is offline
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Re: Should I buy a home or invest? I just reached 200k in savings and they are sittin

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Is someone going to that with him and charge less than a bank either directly via fees or indirectly via inducements? I've not heard of such a service outside of a bank.
Usually big banks promote their investments (not stocks but mutual funds, ETFs, structured notes etc.) you pay 3.5%-4% fee the moment you buy these. An advisor can charge 1% annually therefore same money gets you 3.5-4 years of advise. Of course it varies but this is to give you an idea. Stock advisors are popular in the US, not so much in Europe but the business model is good I think.
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