Top 10 tricks used by Agents for misselling financial products

Although this article talks about Indian financial market, the tricks used by agents and appropriate answers are more or less the same as in Malaysia. Please read the rest of the article from the link provided at the end of this post.

… extract from the the article:

1# High Dividends declared by Mutual funds.

mutual_funds_misselling_high_dividends_in_mutual_funds

This is very common tactic used by agents. Even the mutual fund companies advertise about big dividend payout to lure investors. Investors who do not how mutual funds with dividend options work fall in the trap thinking that dividend is something extra which they get apart from growth , where as the reality is that dividend is your own money which comes back to you and then NAV goes down by that much quanity .

Read the rest of the article here.