Quote:
Originally Posted by Green's Basin Girl
I wonder how you voted in the last election? I hoped your pleased with all the stimulus. Maybe some of that should help pay back the people that were robbed by Farah. Why not? There is plenty of pork to go around.
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In the January 6, 2008 NH presidential primary, I voted Mitt Romney. In August 2008, I switched from going with McCain to Obama, and voted Obama on November 4, 2008. Having a president on the lake up in Wolfeboro would have been really something!
One big difference between the bailed out banks and investing with Financial Resources Mgmt is that bank depositors have bank failure insurance with the FDIC.
For a much safer investment the FMR investors could have bought McDonald's stock which also has no insurance other than the power of their hamburger & french fries. You know, the Meredith McDonald's is actually located just about 100 yards downhill, through the woods, from the Financial Resources Mgmt building. Probably, some of those who lost big money with FRM probably stopped at McDonald's enroute to FRM, like maybe at their take-out window. Hindsight is 20/20, but to think they could have invested in MCD which pays a 3% div & stock price appreciation or loss. How many people eat at McDonald's every day? Who you gonna trust?
And, is there a personal story out there about one's money lost with Financial Management Resources, and how it has effected you financially, and what it has done to your life?