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Originally Posted by VisualEcho
I guess the general consensus here is that I learn how to trade myself, instead of paying Edward Jones to do it for me because the percentage they take is almost all of the profits. Am I getting that right?
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I wouldn’t go that far. A managed account can be fine, but you’ll likely do as well with an index fund (or a few) and not have the fees. No need to trade, just buy and hold. You won’t need their advice if you buy and hold, so no need for a “full service/full fee” brokerage. An account at TD Ameritrade, Schwab or the like will do fine.
If you later decide you want to be more active (buying individual stocks, for example) you will have that flexibility.