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Personal Finance and Investing

Mosby

(17,652 posts)

4. The financial advisor killed himself.

Reply to question everything (Original post)

Sat Jul 13, 2024, 04:07 PM

Jul 2024

You shouldn't have to be a financial/investment expert to invest and grow the principle, but that's the reality, the investment experts are mostly crooks like this guy and his firm.

Like it or not, he could have just opened a personal trading account and dumped it all in a couple index funds and he would be sitting pretty.

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58Sunliner

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Highlight:

A Couple Won the Powerball. Investing It Turned Into Tragedy. - WSJ [View all] question everything Jul 2024 OP

another source without the paywall BlueWaveNeverEnd Jul 2024 #1

Thanks question everything Jul 2024 #2

When my Union's pension fund was established in the late 1960's Turbineguy Jul 2024 #3

The financial advisor killed himself. Mosby Jul 2024 #4

Yes. It's a damn shame that they hit the jackpot, and then some idiot (the one who killed himself) ripped it all off. SWBTATTReg Jul 2024 #5

FACEPALM! Happy Hoosier Jul 2024 #6

Not that simple. They wanted to set a not profit tax exempt fund to study a rare disease. question everything Jul 2024 #7

So, hire a lawyer to create a non-profit.... Happy Hoosier Jul 2024 #8