I am writing this article for two reasons:
(1) To once and for all address the fears of mutual fund investors ( or would-be investors ) who are forever worried about their investments just vanishing into the thin air like what usually happens in Pyramiding Scams or banks that go out of business and;
(2) To elaborate my response to a client’s SMS message sent to me the past weeks, which I quote,
“Sir good morning. Bigla lang pumasok sa isip ko…. Paano kung biglang bumagsak ang FAMI. Ibig sabihin ba nito lost na ang investment namin?”
Such smart question deserves a smart answer!
So please read carefully and may this article help you to increase your Financial IQ.