SOME HARD FACTS TO REMEMBER
Find below some hard facts about the investment world. We believe mere remembrance of them, while taking investment decisions, can save a person from many financial mishaps:
- Higher the safety - lower the return
- Higher the risk - higher the return potential
- That nothing is free in this investment world
- That there are only three savings and Investment options namely:
- Insurance
- Debt (Safe investments)
- Equity (Risky investments)
- That when a financial product is structured it essentially contains two or more of the above base products.
- That a structured product reduces the overall expected reruns towards the extent of cost of structuring and it’s marketing.
- That a seller of the products will always have the bias of pushing the sale on to you
- That no one but YOU can protect your own interest