This is a reason why a lot of people never get to invest where they should invest.....
Here is a link to one of our biggest radio stations here in NZ. Every Sunday is the "finance hour" and here is a little over 2 minutes of pure unadulterated shite when it comes to financial advice/education. Someone rang in about whether gold was a good place to be. You have to listen to the answer from the Managing Director of one of our most well known funds management mobs.
Note: After downloading the link, in the right hand drop down box - click the time 17:15. Then move the actual time slider to 8:45 ...
https://www.newstalkzb.co.nz/on-demand/week-on-demand/
To me, it is a major reason why a lot of people are going to lose a lot of dosh!!
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