8 of the strangest investment ideas advisers have ever heard
Back in 2007, a young couple with two kids instructed their adviser, Kronos Wealth Management president Joel Sproul, to liquidate their IRAs. They wanted to invest the money in a company that discovered two sunken pirate ships they believed held treasure worth millions. "I told them it was a scam. They ignored me," Mr. Sproul said, adding that he never heard from the couple again.