3 ms·
I think the fraud to be found here is whether or not the purchases these IRA's made were made at fair value. Given the astronomical rates of return realized by
by jgalt212 5y ago
I think the fraud to be found here is whether or not the purchases these IRA's made were made at fair value. Given the astronomical rates of return realized by some, not all, of these mammoth IRAs, you can probability establish such facts. Similar to Madoff's eternally steady fund returns being impossible.
A good litmus test would be, what is the rate of return of a person's investments made outside an IRA vs inside the IRA.
- kova12 5y agoare you sure you are not plain jelaous he's good at making money and you are not?
- dane-pgp 5y ago“When I was poor and complained about inequality they said I was bitter; now that I'm rich and I complain about inequality they say I'm a hypocrite. I'm beginning to think they just don't want to talk about inequality.” ― Russell Brand
- deleted 5y ago[deleted]