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“WHO” controls my money?
You, the investor retains control of your money. You may use whoever you feel more comfortable with, be it a full service broker or any of the many discount brokers.
However, be aware that broker commissions can adversely affect your results. Every additional dollar paid for commissions is one dollar less that can be invested. Since Income Planner makes the selections for you, you can select the recommended portfolio and just proceed to purchase the individual funds in the amount that is suitable for your risk tolerance. You can use either an existing account or establish a new account.
How do we know this will work?
We know this approach works since closed-end funds have been around longer than even open-end mutual funds. See our discussion at the “What you need to know” tab located under the "About Us" tab.
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