On 30 November, 2007, an article in The Age pushed some of the blame for the sub-prime collapse on 'lazy investors who ignored basic risk management'.Dr Guy Debelle (Reserve Bank Assistant Governor) told the Australian Securitisation Forum that investors had not asked enough questions about why different products rated with similar risk of default paid substantially different returns.
How can you improve your understanding of finacial products?
Note: At Morpheus Property, we encourage all our investors to seek appropriate financial advice. Call us today for practical tips to better protect your investment. 1300 727 586
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