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Originally Posted by Less
No Margaret, the dodgier the scheme the more chance of a good solid return on any investment, actually you are quite right, they would have to be sound, but that doesn't mean that the top men would have invested it wisely on our behalf.
Someone somewhere would have created a South Sea Bubble that would have seen all those funds disappearing into nothing!
In fact, oh! look, those funds, (Dramatic pause called for here)..........
They've disappeared into nothing!
Who said magic is an illusion? |
Even a sound investment stratagy doesnt always return a healthy gain. When the stock markets have a hiccup or a sneezing fit as has been known then the sound investment still looks good compared to others. At least the state pension is there a private one is subject to whims of every stock market it has invested inand as the US is the biggest every other follows when it crashes. Even so called low risk investments can suffer then.