IRA is coming due

[CountAllVotes]

14. Thanks again

I called up the credit union. They had no idea who this guy is. I asked them for the phone # for the company that they have hired to employ him and they did not know that either!

That said, I went back and checked an email he sent me. I'd asked him to send me the prospectus for this 8-9% investment. What he sent me was a picture of himself along with a toll-free # for the company he works for but no prospectus (because there is none is what I think). I do not plan on contacting him, that is for sure.

The main reason I invest in CDs is due to my health. I have a stress activated illness and was advised to stay clear of anything that might cause me to get ill, so CDs work and also, I have a stack of I-bonds that are left (inherited in 2002). As for the IRA, I was getting 6.25% on it from 2006-2012! I made well over 30% on the IRA during this time period so it worked good for me. I realize the days of 6.25% are gone (for now) but at least rates are going up finally after being stuck in neutral since I found this investment at 2.76%.

As for CDs v. the stock market, your story reminds me of one from this 80-year old lady that used to walk past my house every day. She was a retired mathematician and she told me that CDs were better than the stock market historically. I think she knew a thing or two!

As for the rest of it, could spend a lot of time chasing this fraud but I think I'll spare myself the hassle. It is obvious that this company that employs this guy could care less about their customers, no doubt!

I learned a long time ago that money and politics do not mix well. I have relatives that are repukes and I never take the bait if they try to start it up with me. I tend to listen and leave, a strategy all of us could perhaps use as it is simply not worth dealing with corrupt fools like this! I think the reason he has had five jobs in five years is obvious.

I thank you again for your advice I HERECTIC I AM.