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Wayakan Wealth Management

GIC: The Illusion of a Guaranteed Return

Nine years after the financial crisis, many investors remain hesitant to get back in the stock market. While the shock was indeed major, many funds ended up recovering their losses within a year later. What happened then, as the crisis was unfolding, was that major banks and institutions unwinded their marketing powerhouse to benefit from people’s fear. GIC: The Illusion of a…