Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

progree

(11,493 posts)

14. Exactly. And admitted it too nt

Reply to Shermann (Reply #13)

Tue Jul 9, 2024, 06:46 PM

Jul 2024

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

26 replies

= new reply since forum marked as read

Highlight:

Self-described savvy person scammed (and thanks a lot Bank of America) [View all] progree Jul 2024 OP

"eventually reached out to a friend" marybourg Jul 2024 #1

I value highly personal references from people I know well and trust, but it would take more than that progree Jul 2024 #4

I would -- and did -- open an account at an established brokerage or marybourg Jul 2024 #15

I've been screwed by well-known brokerages, AG Edwards at the time progree Jul 2024 #18

It's best if you can rely on your own judgment. marybourg Jul 2024 #20

Well, both of my partnerships were total losses except for some tax savings progree Jul 2024 #21

Sorry. Maybe we're all talking at cross-purposes. marybourg Jul 2024 #25

Vanguard or Fidelity or Schwab Shermann Jul 2024 #2

The article didn't say anything about a quick-rich scheme or one full of big promises or anything like that progree Jul 2024 #7

I'm skeptical of this supposed vetting that was done Shermann Jul 2024 #11

Could be, there are innumerable ways to twist and alter this story to fit ones preconceptions progree Jul 2024 #12

Yes that's it, I've twisted the story to fit my preconceptions Shermann Jul 2024 #13

Exactly. And admitted it too nt progree Jul 2024 #14

Doesn't pass the smell test FBaggins Jul 2024 #3

Maybe if BOA put a stop on the checks after they were asked to, he would have been more understanding progree Jul 2024 #5

The receiving bank doesn't stop checks FBaggins Jul 2024 #6

The writer's point is that they should - after presenting evidence to the BOA as the lawyer did. But oh well. progree Jul 2024 #8

Right... and I'm saying that the guy whose financial savvy... FBaggins Jul 2024 #9

I'm still not getting it either -- why should the BOA keep clearing checks he's written when presented with strong progree Jul 2024 #10

Never heard about all eggs in one basket? question everything Jul 2024 #16

Absolutely. That's the biggest problem I have with the article. progree Jul 2024 #17

OK, I do put all eggs in one basket. All our retirements funds are with Vanguard which now has very unhappy customers question everything Jul 2024 #23

Vanguard holdings progree Jul 2024 #24

Exactly about all one's eggs in one basket. Beakybird Jul 2024 #19

Please see progree Jul 2024 #22

Really, all-in is not a good idea at all, unless you say goodbye to the money in advance. . . . . nt Bernardo de La Paz Jul 2024 #26

Latest Discussions»Culture Forums»Personal Finance and Investing»Self-described savvy pers...»Reply #14