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01 Nov '217.1% interest, risk-free! But is it for real?
Continue readingWhen an investment advertises a high return, that seems too good to be real, it almost certainly is. In these “too good to be real” situations, you often take on a undisclosed high level of risk, or the quoted return is based on “return of capital”, not earnings. See Hazardous Advice – Reaching for Yield for […]
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20 Apr '18Hazardous Advice—Reaching for Yield
Continue readingActing on generic investment advice in magazines—or on the internet—can be hazardous to your wealth. In their desire to attract readers, publications often fail to fully explain an investment or adequately disclose the risks. The other day I ran across a particularly worrisome article on Forbes.com with the title “The Amazing 8.8% Cash Payout No […]
