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Personal Finance and Investing

MichMan

(15,491 posts)

1. No different really than tipping a server

Reply to question everything (Original post)

Mon Jan 10, 2022, 06:12 PM

Jan 2022

Server bringing a $50 steak doesn't work 5x harder than one serving a $10 hamburger. Waiter opening a $100 bottle of wine doesn't work 20x harder than one with a $5 beer.

Yet we tip based on the total bill.

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Financial fees for "assets under management" [View all] question everything Jan 2022 OP

No different really than tipping a server MichMan Jan 2022 #1

I would not compare a $50 steak to a $1 million portfolio. question everything Jan 2022 #2

Yeah 1% is $10 for a $1,000 IRA when you're 22 bucolic_frolic Jan 2022 #3

The only sense: They get richer; you get poorer h2ebits Jan 2022 #4

You can buy shares of the Dow, symbol (dia) or Fortune 500 (spider) for no commission 3Hotdogs Jan 2022 #5