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Investment Professionals have cost and lost me about $50,000 in bad investments, with lost compound interest that I could have got from CDs and savings.
Posted by: Old Cold Warrior
Date: April 28, 2008 04:32PM
Two airlines of mine went bankrupt.
My $5,000 in Kmart stock became worthless, used to sell to SEARS.
5th 3rd Securities cost and lost me $6,000 in six months, my GM buy-out not making enough money in savings.
Nelson Financial Services was working for Realistar Insurance instead of me, their supposed client, my 1996 investment of $60,000 now worth $67,000 in inflated devalued 2008 dollars, BEFORE taxes taken, Realistar taking about $25,000 in life insurance premiums, taken during a dozen years, a policy that I did not want nor need. Realistar made money from my investment and wast still taking premiums from diminishing remainder.
My $5,000 in Kmart stock became worthless, used to sell to SEARS.
5th 3rd Securities cost and lost me $6,000 in six months, my GM buy-out not making enough money in savings.
Nelson Financial Services was working for Realistar Insurance instead of me, their supposed client, my 1996 investment of $60,000 now worth $67,000 in inflated devalued 2008 dollars, BEFORE taxes taken, Realistar taking about $25,000 in life insurance premiums, taken during a dozen years, a policy that I did not want nor need. Realistar made money from my investment and wast still taking premiums from diminishing remainder.
| Subject | Views | Written By | Posted |
|---|---|---|---|
 Investment Professionals have cost and lost me about $50,000 in bad investments, with lost compound interest that I could have got from CDs and savings. |
195 | Old Cold Warrior | 04/28/2008 04:32PM |
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