8 of the strangest investment ideas advisers have ever heard
Leon LaBrecque, managing partner and CEO of LJPR Financial Advisors, once had a client come back from a cruise with a giant chunk of uncut tanzanite. He bought it for $18,000, believing he could turn it into $80,000. "We eventually found out it was indeed tanzanite, and a giant chunk, but nothing gem-grade," Mr. LaBrecque said. "So he bought a rock."