Monday, 17 September 2012

September 14, 2012

In class we talked about this article. It talked about Zurich International and Friends Provident and how you shouldn't invest with them. They sell investment products combined with insurance products which is apparently two things you should never combine. Many of the salespeople also don't understand what they're selling, so you really shouldn't trust them. With many of these companies you also sign a contract with them to stay for many years, and if you want to leave you lose lots of money. You also spend a lot of money on the high fees the company makes you pay. In the comments section of the blog post there were lots of stories about people who had bad experiences with this company or others like it.

Once again, this weekend I spent less than $30 so I am very proud of that. I spent it on food and a birthday present for a friend. I'm actually pretty proud of myself because I thought that I would've spent more on weekends.

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