Friday, May 2, 2014

Too Good To Be True

An investment counselor sent us a invitation letter to attend a complimentary dinner while the seminar would be given to let us have them invest our retirement dollars for us.

In the letter this financial group promised to increase our wealth without risk. That sweeping promise so glibly doled out to the credulous public is misleading at best, and an outright lie at worst.

There is no free lunch. Security is never for sure. Freedom can be taken from us. Happiness can disappear. Tragedy can strike. Financial loss is always an investment factor, and disastrous loss occurs frequently. The investment house may minimize risk but can never eliminate it, even if they are honest, quite skilled and very lucky.

By the way, we shredded the invitation.

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