zk/tests/fixtures/full-sample/4yib.md

Investment business is a scam

Don't trust financial advisers

Don't trust anyone selling financial products, even if they are endorsed by your employer and especially if:

• the fees are a recurring % of the portfolio (Compound interests make you rich)
• they are offering gifts or holidays
• urgent one-time offers needing immediate decision

They are trying to exploit your emotions caused by the fact that financial markets are random.

Avoid managed financial products

Avoid at all cost actively managed fund, because:

• the recurring fees will eat your interests
• they attract more taxes

Avoid QROPS (offshore pensions) for expats.

:finance: