" CONSUMERS THEMSELVES NEED TO BE MORE WARY OF WHAT INVESTMENTS THEY MAKE."
People are all trying to make their money work very hard for them. But once bitten twice shy, many laymen on the street become very worried, or rather skeptical of whatever products there were pushed out in the market.
It is important for any consumers to know what they are in for. Typical questions:
1. What's the kind of risks involved?
2. What things are guaranteed? And what are not?
3. What kind of lock-in timeframe? What is the breakeven year?
4. Are the returns reasonable? Or too good to be true?
5. Err.. got free gift or not? (J-o-k-e J-o-k-e)
Are you buying the product based on a personal trust with yr financial adviser, or based on a professional trust between a buyer and a seller? The bottom line is, DO NOT invest if you i) do not understand the document, ii) find the various risks too technical and difficult to understand, iii) not comfortable with or cannot accept that you may incur a loss.
If you are in doubt of what you are having now, or planning to have, pls feel free to contact me for a no-obligation review or advice. \(*-*)P
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