Monday, December 15, 2008

Madoff Aftermath: Some Durn Good Advice

Particularly haunting in this article: "... my poor neighbor had all of her retirement money in a Madoff fund. All of it"

And something else that has been bugging me regarding the current meltdown regarding Retirees: don't blame the financial advisor if you got slaughtered because of the stock market: no financial advisor worth a durn would ever tell you to have a bunch of your money in stocks and then go and retire! Another mistake this lady made, evidently.

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