Monday, May 01, 2006

Avoid investing in Complex Structured Products

Many banks are offering various variety of complex structured products. They advertise these products aggressively - to bring out the attractive features. But the advertisments do not tell the risk and the negative aspects of these products.

Dr Money (a financial columnist who writes for The New Paper) analyses these products and presents his views in his website:

http://www.askdrmoney.com/Bank_Products_analysis1.htm

It is probably the only place where people can go to find out the facts behind these complex structured products -- (which are practically impossible for the average person to understand).

Take the advice of the a top investment guru over the past decades, Warren Buffet:

"If you can't understand it, don't buy it" -- Warren Buffett

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