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To: ChildOfThe60s

Let’s see:

1. Bought an annuity product with high fees and no guarantees.

2. Bought a house in the U.S. that she wasn’t using.

3. Bought another annuity product with high fees and no guaranteess.

4. Put her retirement into a pension run by someone else.

5. No savings.

6. Interest only loan.

7. Freelance means didn’t really work for several years.

8. Took a second mortgage on her home.

9. Foresook secure steady jobs for the high life, high risk mover and shaker world.

10. Gave her money away.

11. Was forced through her behavior to make tough decisions in down markets.

12. Parents seem to be divorced so she had no family safety net to validate taking such big risks.

All in, she doesn’t sound that prudent to me. If you don’t have folks to fall back on, you need to be more prudent and careful with your career decisions, financial purchases and investment programming.


29 posted on 04/26/2009 11:48:05 AM PDT by johnnycap
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To: johnnycap

She’s a nitwit thinking to earn by writing about it.


31 posted on 04/26/2009 12:00:59 PM PDT by cornelis
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