i was robbed
People, let me tell you what happened over the weekend. I checked my IRA balance again. Why did I do that? It was down 30%. THIRTY PERCENT!!! I figured I would finally put a few hundred dollars in the account as I’ve been planning to do, since I’m ahead on all of my bills. I clicked on the button to order more shares. But then I found out that there is a $250 minimum amount to buy more of the fund that I’ve been investing in. Darn it! Okay, fine. I added enough to make my purchase the minimum amount. Then I found out that there is a $12 low-balance fee charged to my account if it’s under a certain dollar amount. What!?! It’s not even my fault that the dollar value of my account is down! I’d be doggone if I was going to give them $12 that wasn’t going to go directly towards breathing some life into my ailing account. So then I added enough to my order to both have a $250 minimum purchase and make my account go higher ($3 higher) than the low-balance threshhold. Of course then I was only left with enough money to get groceries and wait for my next paycheck. I feel like I just got robbed. You know the dollar value of my account is just going to go back under the low-balance threshhold, right?
I know how you feel. Actually, I haven’t looked at our accounts since all this mess started. I figure there is nothing I can do about so no need to look at see the “real” numbers.
Comment by Amber C — October 27, 2008 @ 8:48 am