Ask Terry Questions Real estate investment in Arizona recommended by Jordan Goodman

Real estate investment in Arizona recommended by Jordan Goodman

By Terry Savage on February 29, 2024 | Wild Card

I’m trying to get out of an investment i originally funded based on recommendations by Jordan Goodman. It turned out he was improperly recruiting investors. I’ve been told that until the “ There’s nothing else to be done Tom. As the investments are paid off, and funds are available, the fund will process redemptions. ”

My fees to maintain the IRA account have eaten all the appreciation and I’d like to get out. Any advice is appreciated.

Thank you

Terry Says

This is an ugly story about a once-respected “money advisor” who was compromised in so many ways. You can read his full story in this NY Times article:
https://www.nytimes.com/2019/03/01/your-money/money-answers-man-jordan-goodman.html

But I’m shocked this fund is still taking fees out of your account. Read the article, and perhaps you should complain to the SEC. Either way, I doubt you will get your money back!

money

ASK TERRY

a personal
finance question