It is all about the return

Until we delisted from the find an advisor website, we were annoyed with phone calls from asset managers nearly every week. Excluding the Namibian funds, an investor have close to 700 funds to choose from, according to Morningstar.

The list is available on the Amedco website.

Each fund on the Morningstar list have their year-to-date, 1 month, 3 months, 6 months, 12 months, two year, three years, five years, seven years and ten years respective return published.

Who will be in Majorca?

This week I received two warnings. The first from Chubb Security Services, advising me not to flash at vehicles with no headlights. It might be a gang who will turn around and kill me. The other (if I can recall) from homeland security, advising me not to open Michael Jackson e-mail as it may be a computer virus.

These e-mails are well intended, sent by concerned friends. The odds of occurrence? Relatively low.

Today, I am issuing a warning. One that I hope you will forward to your friends, as this may probably be the longest running scam in South Africa. It is called Term Policies.