15 October 2010

Ski Jumping, Soccer and Private Banking Advice

Do you know what the connection between these three items is? If your first reaction is: not much! then you are on the way to understand that you have to treat all kind of advertising by the financial advice industry with caution. The fees that are spent on 'image advertising' may be a welcome windfall for the 'personalities' involved in the publicity campaigns but - apart from indirectly being a charge on your investment performance - they will do little to make sure that the return on your investments is as good as it should be.