POLL: Have you ever invested money with someone in your Ward?

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Feb 1, 2023
2:11:56pm

GRCoug All-American

POLL: Have you ever invested money with someone in your Ward?

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GRCoug

Bio page: GRCoug
Joined: Jan 14, 2009
Last login: Apr 26, 2024
Total posts: 10,004 (36 FO)

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Messages

Author

Time

POLL: Have you ever invested money with someone in your Ward?

GRCoug

2/1/23 2:11pm

It's a loss every time

HighHorse

2/1/23 2:12pm

Does car insurance count?

2/1/23 2:13pm

I once realized over a year after moving into a new ward that my bishop was my insurance agent.

cheezedawg

2/1/23 2:32pm

Only for fire insurance.

WizeGuise

2/1/23 2:13pm

Yes, but a good friend/neighbor - real estate flip. Turned out great.

Pollster

2/1/23 2:14pm

Does tithing with the bishop count?

panacablue

2/1/23 2:14pm

Are you kidding me?? No

pink22

2/1/23 2:19pm

I can't believe anyone would do this

2FarGone

2/1/23 2:19pm

I don't see the issue with investing with friend, ward member etc. Would you rather invest with some idiot off the

Baron

2/1/23 2:22pm

Well said

cougfanblue

2/1/23 2:39pm

I feel the same way.

kotacoug

2/1/23 2:40pm

There was a realtor who convinced half the ward to invest in real estate in 2006

DodgerCoug

2/1/23 2:22pm

My wife!

newbee

2/1/23 2:24pm

Yeah. It’s going to bring a HUGE return. Just handed over my life savings

ballen

2/1/23 2:27pm

I think too many are drawing the wrong lesson from this.

Socrates Johnson

2/1/23 2:28pm

For example, you are close friends and in the same ward as the Ensign

Baron

2/1/23 2:30pm

^^^ Good point. The "victims" in schemes like this are often negligent or...

CougaReb

2/1/23 2:50pm

If someone were to approach me at church, it would raise a red flag. I don't

fbguru

2/1/23 2:57pm

I get it. I do business with people from Church all the time though. I just

Socrates Johnson

2/1/23 4:00pm

I feel like 90% of the board has done business with mulletino. Probably in someone's ward.

Baron

2/1/23 4:14pm

I tap the ward fundraising well all the time.

scootsy

2/1/23 2:28pm

I don't think I've ever even been asked/encouraged/approached to do so

fattycoug

2/1/23 2:29pm

Because of this situation. A highly successful investor in the neighborhood

JohnnyC

2/1/23 2:29pm

No, But I have with my FIL (he is a financial advisor affiliated with a large

Littlerich

2/1/23 2:30pm

I’ve only been presented MLM opportunities so it’s been an easy no.

greatbam

2/1/23 2:32pm

Our financial advisor is a member of a ward we were in almost 15 years ago.

cougfanblue

2/1/23 2:34pm

Run from anyone that tries to sell their services to you based on church

VACOUGFAN

2/1/23 3:00pm

This made me laugh... we're on the same wave length here...

VACOUGFAN

2/1/23 3:03pm

SGC!!!!!

cougfanblue

2/1/23 3:40pm

Luckily they stopped coming to church a year or two before we invested so I'm ok

ponys

2/1/23 2:36pm

My investment guy is in my ward but I don't go to him exclusively

VACOUGFAN

2/1/23 2:55pm

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