....and especially avoid the snake oil huckster mutual fund salesmen touting the brilliance of their approach to investment selection- how they are invested along side us to build “trust” and when their hand picked and strongly recommended fund with a bloated MER yields poor results- they offer up a motivational quote from the likes of Charles Munger to appear “in the know” and a pithy redirect (excuse) by citing unexpected geopolitical events....pandemics.......trucker convoy....solar flares.....climate change.....etc....
But don’t worry- the markets are cyclical and will bounce back! (No matter- They’ll gladly take the sweet icing right off the top of their concocted turd cake year after year- bear/bull or dog!)
....and especially avoid the snake oil huckster mutual fund salesmen touting the brilliance of their approach to investment selection- how they are invested along side us to build “trust” and when their hand picked and strongly recommended fund with a bloated MER yields poor results- they offer up a motivational quote from the likes of Charles Munger to appear “in the know” and a pithy redirect (excuse) by citing unexpected geopolitical events....pandemics.......trucker convoy....solar flares.....climate change.....etc....
But don’t worry- the markets are cyclical and will bounce back! (No matter- They’ll gladly take the sweet icing right off the top of their concocted turd cake year after year- bear/bull or dog!)
Snake oil indeed!