Recent content by jerome

These products (providing they are serious and legal) are usually a mixture of some kind of bond in combination with one or more options. They do work but there obviously is a price to pay for the guarantee they offer: usually there is a limit to the upside, i.e. in case of a sudden burst...

I had similar situation a couple of years ago with a sister in law badly needing money due to bad life choices. I did not give any money, but helped her wherever I could with things like moving to a smaller house and decorating. And I felt very happy about that. Than I had another situation like...

I retired involuntarily in may 2007, so the crash of 2008 was very relevant to me. And it was a big break for us. I was very lucky in that I moved out of 90% of my equities in march 2007 due to the concerns I had with the sub-prime situation in the US. Not because I was wise but because I was...