Quote:
Originally Posted by MDFlyer
Since we did not know a lot about investing we had to place our trust in Michael L Whitaker and Associates to only suggest investments that were low risk as we instructed. If you have read this whole thread you will notice that Michael did as we instructed for many years but as his need for more and more financial profit took over him he shifted to selling his clients higher risk and correspondent higher commissions for him. This change was deliberately gradual and we did not have any reason not to continue to trust him. We started with him in about 2011 just about the same time he started. Of course, he says Michael L Whitaker and Associates has been in business for 38 years but the records say something entirely different. Another deception?
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So he would suggest investments and you would then approve them? Or did you just give him a sum of money and told him only low risk?
Before you moved here did you have an investment adviser you were happy with?