Following the Crowd is Safe?
Sometimes there is safety in numbers, but many times following the crowd is not as safe as you might think (ask BRE-X and Nortel investors).
Sometimes there is safety in numbers, but many times following the crowd is not as safe as you might think (ask BRE-X and Nortel investors).
This rant explores TD investor profile frustration at its finest: how an outdated KYC form blocked a simple RESP deposit, why banks cling to static investor snapshots, and what parents need to know about KYC red tape, RESP rules, and avoiding surprises when contributing to their kids’ education savings.
For those of you not old enough to remember “… the biggest market crash since 1929 …”, which occurred on Monday October 19th 1987, dubbed Black Monday (no not when Rick Monday hit the home-run… Read More »Happy Anniversary Black Monday the Market Crash of 1987
Does your money work for you ? This is one of the catch phrases the hucksters, tricksters and charlatans in the financial world use to try to trap you.
Mandelbrot’s measure of Roughness does actually even have applications to the financial world, given how unmeasurable money concepts are.