Is money the root of all evil

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413185

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Posted: 15 years ago

#21

Originally posted by: Summer3
Careful of Nigereans, recently some greedy guys lost all their money in some get rich quick schemes. The country is full of crooks, also Philippines and so many countries are full of investment crooks out there.

it was an sbi plan.. sbi is state bank of india 😛

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Summer3

@Summer3

Trailblazer

+ 2

Posted: 15 years ago

#22

Originally posted by: gengarjetty2

it was an sbi plan.. sbi is state bank of india 😛

Well then you got to see if these plans have any kind of protection, or are these third party products.

Recent financial crisis was a bitter lesson for many.

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413185

Suspended

Posted: 15 years ago

#23

Originally posted by: Summer3
Well then you got to see if these plans have any kind of protection, or are these third party products.
Recent financial crisis was a bitter lesson for many.

recent crisis was due to stupid american executives taking too many bonuses and advances 😡

yeah protection given by sebi that price of a share cant drop beyond a certain limit each day.. that way if we withdraw 1 day after financial crisis from mutual fund, our investment would have dropped only by 2 to 4% in value, unlike the years depreciation of 50% 😵