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Author: charliebonds Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1490  
Subject: Re: What to do? Date: 4/24/2011 4:42 PM
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Martin,

A return of 8% per year over the past decade would be decent for managed money. If that isn't what they achieved for you, then hire the most expensive lawyer you can find and sue them. But keep this in mind. If the judge has any common sense, the suit will be thrown out of court as "frivolous" for the obvious reason that you exercised not the least bit of due-diligence and that you are as negligently culpable as they are.

In other words, be glad you got your money back and write the opportunity losses off as a cheap lesson.

Charlie (who long ago stopped letting others manage his money)
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