Report: #352572

Complaint Review: Wfg World Financial Group

  • Submitted: Thu, July 17, 2008
  • Updated: Thu, July 17, 2008
  • Reported By: Lawrenceville Georgia
  • Wfg World Financial Group
    8988 Westside Street
    Atlanta, Georgia
    U.S.A.

Wfg World Financial Group Active Money Mis managment Atlanta Georgia

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I invested $ 30k with thier Active money manager foxhall and lost 2500 is three months. they claim to have this great manager that will manage money for the little guy just like they do for the rich but they cant pull it off. It is like a cruise on a houseboat to the bahamas. they pack everyone in a serve frozen dinner because they cant give the level of individual service needed to keep the account out of trouble. I learned the hardway.... dont let these guys manage your money. the manager takes less than 1percent fee and the wfg confindence man takes 1.5 as a fee for the hard work involved in conviencing you that your money will be managed by some great money guy. the whole time your account is sinking into lower territory they are making fees. at least the bank will pay you 3 percent right now. dont talk to me about return on capital..talk to me about return of capital...buffet said the first rule of investing is ..dont lose money..he said the second rule is to remember the first rule.... give your money to your cousin vinnie and let him go to vegas..you will probably earn more than the 9 percent loss i took. gud luck.

wma wfg wourld financial group ..... world marketing alliance is the same

Ripoffvictim
Lawrenceville, Georgia
U.S.A.
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This report was posted on Ripoff Report on 07/17/2008 06:57 PM and is a permanent record located here: http://www.ripoffreport.com/reports/wfg-world-financial-group/atlanta-georgia-30311/wfg-world-financial-group-active-money-mis-managment-atlanta-georgia-352572. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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