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Is the Edward Jones commercial about the surgeon a fallacy?


First of all, comparing a stockbroker to a surgeon is ridiculous. I've looked into the training required to become an Edward Jones broker. It's an 18 month training program. That's less than it takes to become a nurse. Most people would gasp for air at the thought of calling a nurse a professional but readily call their broker one.

You don't even need a degree to become a broker. Yes, some brokers have degrees and even MBAs, but who's going to ask about that when picking one?

Let's say you earn 10% on your stock investments. Your broker charges you 5% and inflation is 3%. That leaves you ahead 2%. Someone here in Investments once said that if you use a broker you can expect a 2% return. That's mathematically correct.

Ed d jones is a very unethical company in my opinion.. plus their brokers... are jokes..know nothing about investing.. only know what ed d jones tells them. I have seen them put 80 year old widow women in 20 year municapal bonds with poor ratings... How much sense doest that make.. .. they are only after commissions and do not care about their clients.

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