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Topic | What profession largely consists of dishonest people trying to rip you off? |
streamofthesky 04/15/18 11:49:14 AM #18: | Any religious authority of a religion that actively tries to convert others into joining it Lawyers Car sales people Realtors (at least from the buyer's perspective) Landlords Sensual_T_Rex posted... Hedge fund managers. Ugh, one of those fuckers ripped me off. Was at my bank, and they sold me on listening to a guy who managed PIMCO bond accounts. I've never gone into stocks b/c I'm risk-averse, but he showed me how over the past 30 years, only one year did the bond fund lose money, and it was only 2%. It never gained more than like 6 or 8% either, but like I said...risk-averse, that's fine as long as it's not going down. So of course, within a few months of starting it, the bond fund fucking tanked. >_< What really pissed me off was...he'd seldom answer his phone and when he did, about a week into the route, I asked if there was any way out of the fund before the 1 year minimum w/o paying a penalty fee, and he said no. After another week and ANOTHER $1500 dollars lost, he finally admitted I could transfer it to a PIMCO money market account and make 0.05% interest but not have any chance of more losses and avoid the penalty fee, so I did that. I feel like it should be illegal for him to have outright lied to me about my money management options (but it'd be hard to prove based off of phone calls I didn't record, so..). I liked that bank, but after that I was so pissed off that I moved all of my money out of there and I'm never going back. ... Copied to Clipboard! |
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