This is how most people save for old age: They visit a broker who sells them a policy linked to a large financial institution. They deposit their savings every month – and hope that the analysts at this institution invest their money safe and secure in the stock market. These investors know what they’re doing, so the thinking goes, buying low and selling – and are happy to receive a small fee for this knowledge.
Capitalism for all
Capitalism for all
Capitalism for all
This is how most people save for old age: They visit a broker who sells them a policy linked to a large financial institution. They deposit their savings every month – and hope that the analysts at this institution invest their money safe and secure in the stock market. These investors know what they’re doing, so the thinking goes, buying low and selling – and are happy to receive a small fee for this knowledge.