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Investments and the ghost of Bernie Madoff

Is there a specific rate of return for an investment that should set off alarm bells in your head? You know, where you think this is too good to be true or possibly fraud? This question came up in a recent interview with an AM radio station in Ohio. It was a reminder that while we here at CNBC tend to be money geeks, the world at large wants straightforward answers. More on CNBC here.

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