Quote:
Originally Posted by Oerets
I used some of my retirement funds to purchase a rental property. The adviser wanted me to borrow it instead. Pay interest to me along with paying it back.
I told him that the amount needed would earn me a couple of hundred $ a month right now over what it is earning now with them. No payment to make either and own something other then paper or in the ether.
After it was over he admitted doing the same thing too!
Barney
|
I trust the last bit got him fired? Like, he admitted to giving you bad, self-serving advice, which was not what he does in his own case.