This is the classic example of, “If it’s too good to be true, it probably isn’t true.” As you can see from the graphic, financial fraud is increasingly being committed over the past couple of years in the US. As investment products become more and more exotic and overpromising, so to comes exposure to fraud. There are no magic beans when it comes to investing, etc. Own the market, stay disciplined and rebalance. It’s as simple as that. Be careful out there.

This is the classic example of, “If it’s too good to be true, it probably isn’t true.” As you can see from the graphic, financial fraud is increasingly being committed over the past couple of years in the US. As investment products become more and more exotic and overpromising, so to comes exposure to fraud. There are no magic beans when it comes to investing, etc. Own the market, stay disciplined and rebalance. It’s as simple as that.

Be careful out there.

Posted at 10:12 AM (2 years ago) | Permalink