I have been a huge fan of Fundisa, having written about it often and having encouraged many of my clients to invest in it…however, after initially being a huge fan of the product, I have done some more work on it and as I see it, the big hurdle that Fundisa has is the underlying fund and its potential returns over a 15 year period…so much so, that I am questioning whether or not I can continue to support it. Here is my ...
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Posted by Gregg on May 19, 2010 in Featured, Financial Education, Financial Planning, Investment Planning, Savings |
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If it sounds too good to be true…
Oh dear…the old adage certainly rings true (yet again). Following on the most recent post about Fundisa, a friend and I were re-doing the maths…seems like I got it totally wrong…apologies for that! The returns seemed too good to be true – the problem is with my maths and understanding of how the product works…which raises some important issues that need clarifying by ASISA re the product. I am just making sure...
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