Human foible was & is "It seemed a good idea at the time!" Additionally, there was a "Custodian" and "Lloyd's of impecable integrity" odours wafting into our nostrils from every conceivable instrument of persuasion.
Rates offered were not exorbitant or unbelievable, periods of returns were assuredly lengthy. Morningstar and others were exceeding each others praises.
Will your grandchildren be able to recognise these traps? Were they traps?
ASIC may yet come to the party and go beyond their feeble piecemeal admissions at the Inquiry.
Watch tonight's 4 corners for some more advice for grandkids,
Regards,
OCV Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.