PPRuNe Forums - View Single Post - Invensment "Brokers" in the UAE
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Old 22nd Feb 2011, 14:12
  #10 (permalink)  
Kennytheking
 
Join Date: Jun 2002
Location: Dubai
Age: 55
Posts: 313
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Dropp the Pilot,

Nice link, thanks.

Guys, my experience has been that most of these guys are trying to sell you some sort of offshore trust/mutual fund. I had one of them tell me that his crowd was so good that the only reason people did not invest with him was because they were either stupid or did not have money. I plead poverty....

"A Random Walk Down Wall Street" makes for a good read. It appears that the pros cannot beat the market......hell, they managed to wipe out 44% of my provident fund in 2008!

Take Dropp the Pilot's advice and look after your own affairs.
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