No-No Financial Products

They put lipstick on the pig and sell it.

  • Market-linked GICs do not provide any income at all…none: no interest, no dividends.
  • FUNDS NO - over one hundred reasons why I resist being sold mutual funds
  • Target date/life cycle/age-based funds: variable annuities Aug 2009 - a FLIGHTS© plan
  • Wrap Accounts a bundle of mutual funds with even higher fees
  • Variable Annuities “Most variable annuities are very bad investments.” Forbes Feb 19 2001 “Fees are high”
  • Life Cycle Funds a fund of funds which are fatally flawed: 800 stocks Hello!
  • Preferred shares aren't really preferred. Jarislowsky hates them. Hence, I don't buy them.
no-no_financial_products.txt · Last modified: 2013/10/22 06:57 by tom
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