PPRuNe Forums - View Single Post - Invensment "Brokers" in the UAE
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Old 24th Feb 2011, 07:03
  #13 (permalink)  
L1011
 
Join Date: Sep 1999
Location: the world
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Investment brokers (aka salesman) make their money up-front from commissions taken out of your money.

Then the investment company takes their cut. Whatever is left is put into the market> Which, unless your timing is very lucky, will inevitably crash.

Watch 'Inside Job' as someone said. It will make your blood boil.

The best investment advice anyone ever gave me was "Stay married to your first wife"

Have managed that for 23 years, hope I can continue.
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