99% loser

A

Anonymous (6dcb26)

Guest
A friend had an unregistered advisor trading his IRA account. In the course of one year, the account dropped 99% in value. The biggest lesson is to monitor what your financial advisor is doing. Draw a line in the sand. If the account goes below $____, terminate the advisor's access to your account.
 

tom

Administrator
Staff member
Agreed.

Possibly seek relief through the regulatory bodies and/or actions against the advisor. That is not being prudent.
 
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