Eureka Correspondence

A warning for sophisticated investors, Tracking ETFs’ performance, Behind ToxFree’s results, and Investing in the UK.

A good warning by Bruce Brammall in Watch out: You’re now a sophisticated SMSF, but years too late. I got screwed over badly in the GFC by being classified as "sophisticated". It is a licence to sell you very risky assets from which the salesman (advisor) gets a large margin, and you remain suckered by flattery. The term is meaningless and should be abandoned.

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