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re: Bernie Madoff or Other Ponzi Scheme Question

Posted on 1/15/24 at 11:47 am to
Posted by j1897
Member since Nov 2011
3586 posts
Posted on 1/15/24 at 11:47 am to
quote:

ultimate fear of mine to be a victim


I mean, just don't be stupid. If they are promising >10% a year returns, run.
Posted by tigerforever7
Baton Rouge
Member since Aug 2012
1052 posts
Posted on 1/15/24 at 12:31 pm to
quote:

I mean, just don't be stupid. If they are promising >10% a year returns, run


No guarantees. I have even checked out the Financial Advisor on FINRA Broker Check and everything looks good. I am just being squeamish but need to have more trust and feel confident with relationship. Either way, for every dollar I give Financial Advisor for investing, I invest equal amount in Index Funds in my Fidelity account with a hold for an infinite amount mentality.
Posted by WhiskeyThrottle
Weatherford Tx
Member since Nov 2017
5378 posts
Posted on 1/16/24 at 1:58 pm to
I see Trajan Wealth commercials on TV . They guarantee a 10% return. I don't know what the ramifications are if they don't meet the 10% returns, but he guarantees them nonetheless. I'm guessing if they don't meet the 10% gain, they may waive their trade fee.

Dude seems slimier than most commercial actors. I also believe 90%+ of actors in commercials are slimy and basically refuse to spend any money on commercial products. But, have any of you seen the Trajan commercials, and if so, have you looked into their product? I wouldn't invest either way, but just curious what their angle is.
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