These two words run the world of money. Finance is a complicated beast, too difficult for most of us to fully understand. So when you invest, you trust the financial pundits or institutions around you, hoping that things will turn out well and that you will get your money back -- and then some.
But these days it seems that your trust may be misplaced.
Advisors offer you ULIPs, omitting the tiny point that 65% of your money might go straight into someone else's pockets. Real estate advertisements hard-sell homes for just 20 lakhs -- but the parking is extra, the paint is extra and the cement is not exactly included.
Buy a house, you might hear; why pay rent? Unless you consider that what you pay the bank as interest is just another form of rent, a much larger figure. The concept only makes mathematical sense if house prices only go up. And they only go up. Right?
It's fascinating how the wizards of the financial world can take something simple and make it utterly confusing and
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