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Dear Quentin,
I’m a widow, retired, with not much in the way of income and a small Social Security check. I also am helping my widowed daughter financially. I have a disabled grandson who will never be able to live alone. I have a second mortgage on my house to help my daughter finance her home. Their home-equity loans ballooned, and I asked for a review to see if they could lower the interest rate. Nothing.
I have $200,000 in a brokerage account. I need to put it somewhere where I’m not hemorrhaging money. I have had three different account managers. All of them quit, and I have no one to consult. I finally called the bank manager to get information as to why no one has been in contact with me. Most recently, I had to hunt high and low to have them sell my Tesla
TSLA stock because it was tanking.
This post was originally published on Market Watch
