Saturday, November 12, 2011

Even the pros lose....

http://finance.yahoo.com/news/financial-pro-lost-house-191003606.html

This is an article about how an experienced financial adviser lost his home due to poor choices during the house bubble.
It is shocking to see that someone who at that time was advising people how to efficiently use their money, could make the uneducated and risky choices that he did during the housing boom. It gives you an idea of house screwed up the prices and predatory lending was at that time.

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