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Subject:  Re: Horror Stories II Date:  3/7/2003  11:56 PM
Author:  buffalogal100 Number:  35849 of 88033

I would have rolled the money into a laddered bond portfolio where I knew it would be safe. There's no growth but I could have lived comfortably on what I got with maybe a part-time job on the side. He just plain got bad advice and probably didn't seek out more than one recommendation. The financial advisor, putting Mr Blenis into a variable annuity with a good portion of it exposed to market risk is unthinkable.

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