Personal Finance and Investing

And as I've said before, I would not rely solely only on a friend's recommendation, it's data that I value (or not) depending on my trust of the individual. And I'm well aware that many people -- and they can be neighbors or fellow club or church members -- get paid something when somebody they refer signs up.

I have to tell you, I am perplexed. We have one frequent poster here who, from what I can tell, gave pretty much ALL their money to a financial advisor more than 12 years ago (and has posted many times about it over the years), who promptly recommended half of it in the most non-liquid investment around, and nobody, no, nobody, no, not a single person here in all these years, have warned about eggs in one basket or get rich quick schemes or anything like that. But JFC, I post something about someone who did similar I get all this "don't put your eggs all in one basket", stick with Vanguard, Fidelity, major brokerages only, etc. I'm just not getting it.