15th April 2010

Hiding your riches under a basket might work

How many people do you need to grow money? Curious question, perhaps, but after reading the latest tidbits from the agency that “takes care” of my pension fund, I’m in the need to know. Over the last few years, investment funds have not been very efficient at the only task on their to do list. Oddly enough, despite the large number of professionals that dedicate their days to the job at hand, the percentage of return has been in the negative percentage range.

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