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Thread: Worst you Can Be List

  1. #21
    Senior Member
    Join Date
    Jan 2011
    Posts
    330
    Quote Originally Posted by Square Root View Post
    Not sure I get what is wrong with this one? i think also that you might have cause and effect reversed re fees and dividends.
    my apologies, I was never good at getting what is in my head onto a forum post. too "old school", i guess.

    the "worst you can be" list item should read :

    Paying Bank fees.

    and my post explains why.

    Seemed like a good idea at the time...

  2. #22
    Senior Member
    Join Date
    May 2010
    Location
    Ontario
    Posts
    2,643
    Investments!

    "Investments are rigged against the individual investor in every possible way."

    --Elizabeth Warren, Harvard Professor and Massachusetts candidate (D) for U.S. Senate 2012.

  3. #23
    Senior Member
    Join Date
    May 2009
    Posts
    1,852
    Quote Originally Posted by kcowan View Post
    Here is an article from 50Plus on the subject:

    Gordon Pape on why scams are successful

    On being pressured.

    28. Never be pressured to buy now or the deal will be gone tactic.

    When you are younger this one is the toughest to deal with. It happened to me when I was young, buying a car the guy says that there will be someone coming later who is interested. Or a real estate agent will plan many showings at the same time so it appears the interest is very high on a property. Or the phone call saying the deal won't be around if you don't act now. I have learned not to care and if the deal goes it goes and there is always another one to be had around the corner.


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