David1961
Thinks s/he gets paid by the post
- Joined
- Jul 26, 2007
- Messages
- 1,085
What is the worst financial advice you have ever received, whether it be a friend, family member, or professional?
When I started working and saving for retirement, a lady who worked in a bank advised me to never put money into anything that was not FDIC insured. Coincidentally, she just happened to be in the business of selling US Treasury bonds and treasuries.
When I started working and saving for retirement, a lady who worked in a bank advised me to never put money into anything that was not FDIC insured. Coincidentally, she just happened to be in the business of selling US Treasury bonds and treasuries.