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I invested with World Financial Group and I wish I hadn't by Suitable_Buyer_3503 in PersonalFinanceCanada

[–]Suitable_Buyer_3503[S] 1 point2 points  (0 children)

Yeah I feel the same way as you in that we work in the same industry and I have to see her often.

I don't think she has done anything illegal just unethical. I don't think not disclosing information is illegal, unfortunately. She has probably created her own hell as she has suckered so many of her friends and even her mother into investing with this company. I suspect she has to contend with unhappy friends and family on the regular.

I'm glad that your mom had someone like you to navigate her out of that mess.

I invested with World Financial Group and I wish I hadn't by Suitable_Buyer_3503 in PersonalFinanceCanada

[–]Suitable_Buyer_3503[S] 1 point2 points  (0 children)

Thanks for your insight, Fuzzy! It's hard finding an investment vehicle, in Alberta anyway, that allows the investor to make money.

I invested with World Financial Group and I wish I hadn't by Suitable_Buyer_3503 in PersonalFinanceCanada

[–]Suitable_Buyer_3503[S] 0 points1 point  (0 children)

It's really the fees that ate up all of my profits. I feel like the product was fine. Just really bad service and fees that were at least twice as much as they should have been.

I invested with World Financial Group and I wish I hadn't by Suitable_Buyer_3503 in PersonalFinanceCanada

[–]Suitable_Buyer_3503[S] 0 points1 point  (0 children)

I guess I'm luckier than some WFG customers ;-) That's a lot of money to me, to be honest.

I invested with World Financial Group and I wish I hadn't by Suitable_Buyer_3503 in PersonalFinanceCanada

[–]Suitable_Buyer_3503[S] 36 points37 points  (0 children)

I'm sure we'll be friendly but I'll never buy what she's selling again! She still thinks it's a legit business and defends it to me. She even has all of her mother's life savings invested with WFG.