/biz/ - Business & Finance

I invested everything I and my wife had saved from 57 years as a Fire Marshall and teacher for the mentally disabled.

With our 843k we meet with peter before being quickly passed to a "broker". Although salesman/ con artist may be more apt.
He pushed us to invest in a South-East gold mine- in just 3 weeks we lost a 347k. Although we had plenty of worthless shares..

Our original "broker" quickly fell out of the picture and after no communication for 3 months- short of occasional email with links to his pod cast- we went to the office in person.

After many frustrating conversations we were provided a new "broker". Although we were charged for this transfer of accounts.

For the next few years we continued to lose time and time again. In total we had 4 different brokers.

In 2015 my dear wife of 52 years passed.

The only money I had left was still wrapped up in our accounts.

After much effort I was able to speak with Peter. I told him about Mar's passing and that I needed to close the accounts so I could pay for the funeral.

I was also hoping to bring our mentally disabled granddaughter to Disneyland.
A sort of distraction from the grief we all felt.

After reviewing our accounts I have as told that ; of the initial 750k we were down just 4K , plus the many many hundreds of shares in company's that we're essentially worthless.

And although he was aware that I needed to draw down and close our accounts so I could give my wife the best funeral she deserved and take our mentally disabled granddaughter to Disneyland he said I would have to pay a 2% closing fee.

Ultimately I had to cremate my wife as I didn't have funeral costs.
And I could not afford to take our grieving disabled granddaughter to Disneyland.

Please do not invest with Peter.

I have since lost my home and live in a nursing home. I'm on a fixed income with my military and fireman pension.

I really let my dear wife, granddaughter Ella and my children down.

Please be mindful.

God bless you all.

>>25831145
fairly reliable countertrade indicator

>>25787235
it's different this time

Should I set my stop to just above the liquidation price?

>the value of bitcoin is completely a function of the confidence people have that they will be able to give it to someone else at a higher price

>>25166185
>the value of bitcoin is completely a function of the confidence people have that they will be able to give it to someone else at a higher price
Peter Schiff

>>25031420
The reason why people (correctly) call you btc pumpers stupid is because you have no edge in this game. At best you're making, in your view, an educated bet and nothing more. With stocks, options and futures I can come up with an thesis based on economic or quantitative/statistical analyses and hedge out risks if needs me. Buying btc and other coins, you will end up losing money or worse yet, your whole bankroll. Stop doing it.