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If Your Bank Calls You And Offers You An Investment Fund Here’s What You Should Ask Them
They always call…
Little by little, the big banks are trying to convert their savers into investors.
If you go to their offices or log on to your bank’s app, you’ll find various tools to make your money grow with a single protagonist: investment funds. How do you know if the fund they’re selling is good or bad?
Unlike deposits and simpler savings solutions, with which you can quickly see if the bank is offering you a worse product than the competition, with funds this comparison is not so simple because it’s not enough to just look at the return.
To help you understand better, a fund can generate money and still be a bad investment.
- How do you know if your bank’s fund is good or bad?
- How do you find out if they’re hiding it from you?
These are the 6 questions to ask your bank to avoid getting the worst conservative fund or the one they are selling at that moment.
Banks also have seasonal funds
The first thing you should ask yourself is whether the bank is selling you a campaign product. And the big banks also work through campaigns, with products that they try to…
