Everything Is Going To The Dogs!

[fmdog44]

Recently,
My stock broker company accidently closed my IRA account.
My tax preparer I discovered a week ago added $6,500 to the interest on one of my accounts for my 2017 return.
Today I see one bank account has paid less interest this month than last month despite the higher balance.

WTH is going on?!

 

[Knight]

What you describe are things that can go wrong. The reason for wrong stuff is to make you reflect on the wrong & be happy when everything goes right.

The balance of life.

 

[retiredtraveler]

Go it alone. I've been investing for 40+ years and don't use a broker --- too much free info on any of the major brokerage firm websites. Do your own taxes. We have also done those, ourselves, for 40+ years. Much better to be in control of your own business, imho. Who knows what happened to the bank account. Could be several things.

 

[WhatInThe]

Follow the money. This is why they say things like that.

I've had broker assisted account but never gave them power over my accounts. Each transaction I would approve. Self Directed accounts are the way to go.

 

[Aunt Bea]

The interest may be due to a short cycle for the month of February.

In any case, I was always taught that bad news comes in groups of three so you should be good to go.

 

[mathjak107]

Recently,
My stock broker company accidently closed my IRA account.
My tax preparer I discovered a week ago added $6,500 to the interest on one of my accounts for my 2017 return.
Today I see one bank account has paid less interest this month than last month despite the higher balance.

WTH is going on?!

rates have come down so if it is not a cd then yeah it should be paying less. march saw a pretty big drop in rates across the board .