financialScam
#RI-6a6b0268·7 months ago·
1
“Trusted friend with life savings”
What Actually Happened
Trusted friend with life savings invested in high-commission ETFs, hiding commissions and permissions.
What I wish I knew
"Disclosed commissions and permissions before investing"
Advice to Someone Facing This Now
If I could tell you one thing
"Research and verify advisor's actions before investing"
Regret Index
10/10
High, persistent regret.
Has not decreased significantly with time.
Has not decreased significantly with time.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
financial Category
1,609
financial decisions logged. Avg regret 5.4/10 across the category.
Same Outcome Band
43%
of financial decisions land in the severe band the same as this one.
React, question, or discuss this decision.