I think I am going to sue American Express Financial Advisors in order to get a discovery look-see at the reports their in house analysts and accountants put together on the lipsticked pig stocks. They lost $100,000,000 on Worldcom alone. These funds were just defrauding investors. Technically they forced nobody to buy the funds, but we did tape record our last several meetings with our advisor. I would say we were coerced.
I am so sorry to hear that you were pressured into buying.
We've been with about four different investment houses for quite some time, and being conservative, things have been ponderous but secure. We refuse to invest in Disney and Levi but pretty much stick to blue chips. Now everyone seems to have gone down, the market sag dragging everyone to the depths for a while.
I believe it will bounce back before the November elections. How do I know? Um...woman's intuition!