One good definition of investment :
'Take calculated risk at a given moment.'
But, did you forget 1 important element?
No. Not performance of companies,
Nor condition of general economy,
Nor guarantee of political stability.
Enemy does not come from 'outside',
The Biggest Threat comes from 'inside' :
Fund manager that supposed to be on your side.
But the never ending/clearly explained charges,
The ever rising spread in buy/sell prices,
Has made your tiny return looked ridiculous;
Worse still with some 'greedy gamblers',
Risking your cash for their BIG bonus,
Head, they win; Tail you lose as promised.
Why would you trust a manager like that?
As Honest,Competent & SOBER manager is hard to get.
'Be Your Own Fund Manager' is the only way to act.
http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/7862246/How-a-broker-spent-520m-in-a-drunken-stupor-and-moved-the-global-oil-price.html
Fate
Too Risky to trust Anyboby
www.myboysmyboss.blogspot.com
E : fatesecrets@gmail.com
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