Wednesday, April 15, 2009

"And the Headlines Read....Mutual Funds Gain!" by Richard Crenian

Richard Crenian Blogs
April 15, 2009

And the Headlines Read….Mutual Funds Gain….”

From the Globe and Mail……

Thinkingman FromCanada from Canada writes: During rrsp season my wife saw an ad for mutual funds. She said 'How can they be advertising after they lost so much money for people'. I never have and never will buy mutual funds. Too many crooks in the stock market. Now we have the evidence of this.
With empathy. Kevin.

Donald Duck from richmond, bc, Canada writes:
Yeah right !! See u in another 5 years when another scoundrel like Bernie Madoff steps in and wipes the slate clean.

The author, Shirley Won in the Globe and Mail today wrote, “the RRSP season ended on an upbeat note for the Canadian fund industry as investors plowed $3.4-billion into its investments amid the worst market turmoil in decades.”

What do you think?
Kevin’s wife is pretty smart. You lose 38% and you still put your money in.
What will it take for you to believe that there are other ways to be safe and secure?

It is unbelievable how many people get sucked in by slick promotion gimmicks etc. What’s that about. I say the slicker the presentation the higher the chance you will lose. So who knows?

Howard my partner knows, Call him at 4036304544. If you want black or white, you don’t have to go far. Speak to him.

Richard Crenian

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