Paul Sullivan’s Wealth Matters column this week makes the point that some investors are not any more aware of the risks involved in private equity and debt offerings than they were nearly three years ago, in the depths of the recession. The biggest risk is that they will lose all their money. That is probably not as big a deal for the wealthy as it is for those who aspire to be rich.
And that’s the point: Investors in private placements should not be dazzled by the lure of huge returns. Instead, experts say, they should expect the worst and hope for the best.
Have you had experience — or know someone who has — with these types of investments? Please tell us below what happened.
Article source: http://feeds.nytimes.com/click.phdo?i=1e7f0071c829763c37beebac2433ebaf
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