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Tag Archives: investment
These days Sunday night is the pinnacle of my weekend thanks to Downton Abbey. And while I must admit that Seasons 2 and 3 have paled in comparison to the excellent first season, I am still addicted to the luxurious goings-on of the insanely wealthy Crawley family and their bevy of staff downstairs. MORE
“Neither a borrower not a lender be,” is a long-established saying going back to Shakespearean times. However, as universal truths go, this one is only half appropriate for modern investors. Forced to choose between only one of two fates – being a borrower or a lender – I would unhesitatingly choose the latter. MORE
It’s a universal truth of money, indeed of life. “When something is too good to be true, it usually is.” Anyone who has been sweet-talked into an investment that promises to produce magical returns, buck the stock market trend or be virtually risk-free while offering a high yield has ignored this truth. MORE
The problem with the phenomenon of “too good to be true” is that when you encounter an investment to which this truth may apply, you find out the hard way that it will certainly not turn out to be good for your financial health. As for “true,” the defining characteristic of such dubious investments is bound to be the opposite: somewhere there is deceit, non-disclosure of essential facts or outright fraud. MORE