Tag: Madoff

A Bitter Lesson

By Thomas J. Stanley on Jul 10th, 2009 in Current Events

From the news reports that I have read about the Madoff scandal, most of the people who were highlighted lost all or nearly all of their wealth through investing with Mr. Madoff.  What if these same clients had an investment portfolio similar to that of the typical millionaire in America? Then less than 30% of […]