I moved an IRA over to Vitucci & Associates. It was put into an annuity. The word annuity was never mentioned in the introductory meeting. I trusted Pat knew how to make my money grow. Well, I lost approx 30K of my principal... I call that investing and forgetting. I don't care if it was 2008. It should have been put some place safe. I made it clear I was retiring soon. Just because someone has been in business in the same area for many years, doesn't mean it's safe.
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