Hell of an incentive you've got there

Kinja'd!!! "MasterMario - Keeper of the V8s" (mastermario)
03/11/2020 at 14:38 • Filed to: investment

Kinja'd!!!1 Kinja'd!!! 5

Buffer Corvette

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I keep getting this “deal” from Chase bank in my email

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Let’s see what the asterisk means

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So to incentivize me to invest through Chase you’re going to give me 0.00008%, 0.00003%, or if I really invest a lot through you 0.000025% of  the money I invest back?

I don’t know how this actually attracts anyone. I’d imagine people investing that much are going to use the best available platform to do it and a small incentive is not going to swing many people’s decisions.


DISCUSSION (5)


Kinja'd!!! For Sweden > MasterMario - Keeper of the V8s
03/11/2020 at 14:51

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Imagine trusting your money to JP Morgan and  not a hedge fund lmao


Kinja'd!!! Chariotoflove > MasterMario - Keeper of the V8s
03/11/2020 at 14:59

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Banks struggle to get customers to turn into their investors. My local Chase  bank offered to bring us in and go over investment opportunities with us. They are nice people, so we made an appointment and let them show us what they could do with our money.

At the end of it all though, we are already set up with our Vanguard and Fidelity contracts equivalent or better than what they can do and without the management fees. Even they had to acknowledge it.


Kinja'd!!! WiscoProud > For Sweden
03/11/2020 at 15:24

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You typically need $1 million+ to invest in a hedge fund. This is still a bad deal, but hedge funds are exactly accessible. 


Kinja'd!!! EL_ULY > For Sweden
03/11/2020 at 16:19

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imagine having extra money


Kinja'd!!! AdverseMartyr > EL_ULY
03/11/2020 at 20:09

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I do, every time I click on goo-net.