No. of Recommendations: 9
Allowing these products in IRAs is nothing more than a vehicle for a handful of individuals to pickpocket ordinary folks. It’s a scam.
Of course it’s a scam. In fact, a double scam. In addition to the clueless investors it hurts, it will draw in the federal government in a bailout.
“Oh,”they say, “there will be no bailout for those stupid enought to buy these instruments!”
But there will be, because not only the big banks will be made whole, but Also Trump will profit.
Remember- he’s making the rules for the game he’s playing with our money.
