@neil
I really appreciate this information. I have become very skeptical about all kinds of investments, even standard stuff like mutual funds, after years of learning about them and rebalancing my portfolio each year and still failing to make significant gains. The whole system is set up to make banks (and the 1%) rich, but not provide a decent rate of return to people with small savings to invest. I now keep my small retirement fund in interest-bearing term deposits.
Honestly I feel "investing" is something that's promoted to us with religion-like fervour, and when it fails we are supposed to blame ourselves for not being canny or knowledgeable enough rather than blaming the people who talked us into it and are managing our money.
I really appreciate this information. I have become very skeptical about all kinds of investments, even standard stuff like mutual funds, after years of learning about them and rebalancing my portfolio each year and still failing to make significant gains. The whole system is set up to make banks (and the 1%) rich, but not provide a decent rate of return to people with small savings to invest. I now keep my small retirement fund in interest-bearing term deposits.
Honestly I feel "investing" is something that's promoted to us with religion-like fervour, and when it fails we are supposed to blame ourselves for not being canny or knowledgeable enough rather than blaming the people who talked us into it and are managing our money.
