Beware professional money managers

R

Raystonn

http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=AP&Date=20061011&ID=6096088
The SEC said that after his October 2003 settlement, Markovitz tried to earn a living by trading for his own personal brokerage account and starting a real-estate development business. But he wasn't successful, the SEC said, and wanted to manage money again in spite of the SEC's ban.
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Just a reminder of who is offering to manage your money. They are the ones who couldn't survive managing their own.

-Raystonn
 
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