Gary Direnfeld
π€ SpeakerAppearances Over Time
Podcast Appearances
And then the sister's mad at the brother saying, you were supposed to give me stable advice.
And it dropped 10% in a short period of time.
She said she would never have invested
if she knew it wasn't low risk like the brother was claiming?
Is the brother the jerk for trying to help her out?
Is the sister the jerk for getting mad when she needs to take the risk of investing all on for her own?
How do we weigh in on this one?
I agree.
I mean, generally speaking, like historically, the last, I don't know, year for gold has been totally haywire, but gold is a relatively stable investment.
I don't know if it would be the one I would recommend, but it wasn't like the brother was lying or trying to deceive.
He gave the advice as best he thought possible.
You got to realize when someone gives you investment advice, it could go down.
If you don't want it to go down, just do a high interest savings and be done with it.
That's really your only option there.
I mean, there are other ones, but that's, you know, it's the sister's fault for being naive, I think.
I think the sister, let's give her a little credit.
She was kind of hoping like, I don't want to do any homework.
You do the homework for me.
I think that was her mistake.
And then she felt betrayed when the homework wasn't done the way she wanted.