It’s so important to think about who you are going to trust to handle your money. Many of us like to think the best of people and companies, that they have our best interests at heart. It is painful to discover both dishonesty and incompetence out there.
Who would benefit from this post? Share here: Share on facebook Share on linkedin Share on twitter Share on whatsapp Share on email The end of service gratuity is a relic of the old UAE that, along with the one/two rent cheque, hasn’t quite gone the way of the dinosaurs yet. Before we get to
UAE: gratuities, allowances and what makes a good employee saving scheme Read More »
Who would benefit from this post? Share here: Share on facebook Share on linkedin Share on twitter Share on whatsapp Share on email Listen to Steve debating the trustworthiness of financial advisors… with the king of financial advisors. Recently the CFA Institute (which oversees the Chartered Financial Analyst qualification) released an interesting survey suggesting
Why don’t people trust financial advisors? Read More »
Reader question – what to do if you find yourself trapped in a long-term savings plan.
Having invested into equity and bond funds over the last two years I can no longer put money regularly into my savings plan. I have some US$100,000 invested. What should I do?
What to do if your nest egg is locked up in a savings plan Read More »
This is a great article from Thomson Reuters Regulatory Intelligence featuring us and many other voices of reason in the UAE market. It discusses some of the problems with the selling of personal savings plans here and why there is reason for cautious optimism about the future.
Expert opinion: is it safe yet to get a savings plan in the UAE? Read More »
Financial advisors are often trying to get expats to invest in long-term savings plans. They sound good in theory but 99% of the time they are completely inappropriate. You will probably either make unimpressive gains or lose money. So just say no and tell your friends to say no too. Here’s why. Almost no financial advisor on commission is going to tell you this, which is why I have to.
5 reasons why you should never invest in a long-term offshore savings plan Read More »