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Old 09-18-2003, 06:59 AM  
KRL
Entrepreneur
 
Join Date: Oct 2002
Location: USA
Posts: 31,429
Quote:
Originally posted by EscortBiz

Just hate it when friends tell me "I am going to a broker to have him make me money, he is smart he will put a little in stocks a little in bonds etc"

I just know that in most cases they will regret it
Hahaha, yep. In my late 20's a friend was bragging how much money this brokerage company had made him investing in commodities. So I called his broker and he was all hype how he had lots of clients turning $5 to $10K into $100K. So like a putz I wrote him a check for $5K to try it.

I call him the next day and said how are we looking. And he goes looking at what. And I said are we up and in the money and he said no price went south and you're position's out already. Fricking check hadn't even cleared yet and it was already a goner.

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