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Everything Money Can't Buy

She trusted a rogue broker and lost a bundle. But what she found afterward was priceless

IT WAS the fall of 2001, and though nobody close to me had died that September, my world contained little joy. By virtually every measure, my life seemed less than what it had been a few years earlier, and though I’ve been blessed with an optimistic nature, for perhaps the first time ever, I was a having a hard time summoning hope.

I had been a writer at that point for close to three decades, since I was 18. A couple of years earlier, I had published a memoir that met with condemnation not so much of my book as of my very self. More than one well-meaning friend had suggested that in the future, it might be best to use a pseudonym. Since then, I hadn’t been able to silence the shrill voices of critics in my head. I had begun and discarded three novels, and I worried that my creative flame might have burned out.

Although I had good friends and three children I adored, I had never felt more alone. That Labor Day weekend, my youngest son had left home at age 17 to travel in West Africa, after saving up his money from waiting tables at night—and while some of my friends were loving the new childless phase so many of us found ourselves in, I wasn’t. Divorced for a dozen years, with no partner, I missed coming home to a house pulsing with music and a hallway full of skateboards and big shoes.

At 47, I felt more and more invisible. One night while I was out sharing a glass of wine with my 22-year-old daughter, Audrey, a man about my age approached us with interest—but it was my daughter he was after.

That fall, Audrey went to Guatemala for an intensive study of Spanish in preparation for a volunteer stint in the Dominican Republic. I flew there for a visit. On one of our last days travel-ing together in Guatemala, we spent the night in a Mayan village on the shore of what is said to be the deepest lake in the Americas, Lake Atitlán. Something about the place—the air, the angle of the light on the water and the feeling I got diving in—moved me so much that I felt myself close to tears. I turned to Audrey and said, “You’re so lucky you got to live in this beautiful place. I wish I could do something like that.” 
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12.13.2009
Dean Raymond
I have never in my life ever read this type of magazine, but my wife read this story to me one night and I have read it several more times since. If you dont miss the point of the real life experience you cant help but read it more than once. Life is like a passing of the night, I will add your experience to many others I know and reflect. Keep it real - thanks Dean.
10.13.2009
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The story about the "rogue broker" doesn't make any sense, to anyone who knows anything about retail brokerage. "My broker had invested my life savings on margin—an unauthorized action for which she had been fired and was under investigation." If this was a legitimate, licensed broker, the firm would be fully liable for the misconduct, and knowing that, they would restore the account on the spot, before the regulators could jump in. Victims of fraud are also eligible for $500,000 of coverage from SIPC - the securities industry equivalent of the FDIC. Her lawyer got only 5 cents on the dollar? Any lawyer with half a brain would file for arbitration with FINRA or the NYSE seeking the full amount of the account, plus damages and legal costs. Retail brokerage is heavily regulated at multiple levels, and there are multiple remedies. If you have a sizable brokerage account, you don't just dust it off this glibly. You fight tooth-and-nail, and there are plenty of ways to do that.
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