What's worse, many investors do not understand how junk bonds work.
Most private investors do not understand the concept of futures, whereas shares present no problem.
In addition, some funds use jargon that investors may not understand.
So investors who rely on professionals should understand the strategy they pursue.
Foreign investors often do not understand how Russian companies operate.
"The most important thing is that the investor understand the unique character of the magazine."
"But investors must also understand subjective risk, how much they can afford to lose emotionally."
"We have to get companies to report this so investors understand what the obligations are."
But he said investors should understand that one way or another, they will have to pay for financial advice.
Finally, investors should understand that tax changes could affect the value of an annuity.