No. of Recommendations: 1

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)
Print the post  


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.