Friday, September 18, 2009

Financial Planner Goes Bankrupt

A reputable local Financial Planner, once Vice-President of a major brokerage was listed under "bankruptcies" in a recent bankruptcy list in the JS.

My advice for what it's worth, I haven't been very good at trusting, with the world still in financial turmoil, beware who you trust with with your money, no matter how well known their firm. All of your investments are a risk worth watching on a daily basis.

Voice of experience.

5 comments:

Diane Vespa said...

Merle, My Dad who is very wise with money told me that the best place to put your money long term is index funds that mirror the Dow Jones Industrial average. He says that studies have shown that those funds will out perform other select mutual funds nearly 70% of the time.

Billy Dennis said...

Good investments for this decade:

1. Food dehydrators.
2. Underground fuel storage tanks.
3. A hunting rifle and a BUNCH of ammunition.
4. Emergency generators.

Merle Widmer said...

Diane,

Your dad is a wise man. Billy, have you started your underground shelter yet? Make it big enough for all of us. I'll bring the beer.

Anonymous said...

who was the financial planner

of where do find the listing of of his bankruptcy

Anonymous said...

5. peoria illinois muni bond for a musuem huh