No. of Recommendations: 0
If you don't understand it and no one can explain it in terms that you really understand, my suggestion is to forget about it.

This bears repeating with emphasis.

Keep your checkbook in your pocket when dealing with financial slicksters. Better yet, leave it at home & get out the 12-guage instead.

I have a simple rule for financial sales pitches or even "tips" from friends. If I want financial advice, I will seek it out & make the contact. If someone contacts me, they are not acting in my best interest & can keep right on walking.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.