Seems logical at first but in reality has design flaws similar to the boat in this animation. You’ll be dizzy with excitement but get nowhere fast as you make others rich!
Follow the Leader
Following the experts and buying the hot investments is a great way to buy high and sell low.
The Expert Advisor
Paying even a 1% fee to stay on top of your investments feels really great and secure but usually results in giving up half or more of your real return, while taking on more risk.
Insurance as Investments
Investments with death benefits and tax advantages seem logical and feel great but are usually burdened by extremely high costs!
Flawed Design
- Expensive
- Tax inefficient
- Fails to maximize diversification
Designed to make others rich.