Friday, March 10, 2006

Financial Management

Ever since receiving my annual compensation, I've been receiving phone calls from various "financial management" companies regarding how I should invest money. So I thought well alright, I'll entertain you people while trying to figure out what you really do for your clients in terms of managing their finances.

Basically they just want me to park my money somewhere, and they make money on the commission they receive from the service providers that invests my money for me. Good work for them, they're not really doing much other than arranging for me to send my money over to these "funds" and "advise" me on which funds are worth investing in. This reminds me of those financial planners.. in any case, I think they didn't research enough to realise that I'm also working in the financial industry..

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