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(#213) My Friend Lost $600,000 of My Money Investing
Manage episode 405995804 series 3320629
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A caller called into the Dave Ramsey Show and said that a close friend lost $600,000 of her life's savings investing. He used fake statements and ordered checks to wipe her clean. His strategy? Day Trading. He told her that he was making big moves and ended up broke. In this episode, we explore the things that happened leading up to this robbery, and 2 biblical principles you can lean on to lower your chances of being ripped off.
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*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.
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