My investorism Sept. 1994 investment funds:
financial literacy interactive educating POS thesis
if our best financial literacy educators were allowed to
decide – were required to decide !! – what optimum
consumer / investor point-of-sale financial literacy:
educating and empowering,
advisor advice validating,
safety protection enhancing,
fairer play / field levelling, and
point-of-sale (POS) transparencies, documents, systems,
processes, lumens and sales practices we should be using.
A. My 'Made-in-Canada' antidote cure ...
... for "asymmetric information" ...
My point-of-being $OLD / purchase "financial literacy" interactive •
consumer / investor point-of-sale empowering 1-pagers
My "investorism" 13¾ years young point-of-sale (POS) interactive educating thesis:
interactive educating and investor empowering:
the key is the interactive process of the financial
advisor and their uneducated in financial literacy
consumer / investor client filling-in the blanks:
an interactive point-of-sale process that adheres to the ... Tell me and I forget.
Show me and I remember.
Involve me and I understand.
—ANCIENT CHINESE PROVERB
all of the different acquisition options + financial
advisor remuneration combinations and
permutations are clearly listed.
financial advisor advice validating:
... in whose best interests is the financial advisor's advice: is it in their consumer / investor client's best
interests or the advisor's own self-interests?
safety protection enhancing:
"Sunshine is the greatest disinfectant." —
JUDGE LOUIS BRANDEIS
fairer play, field levelling and competition enhancing:
point-of-sale delivery is the best way — it's really
the only way — to deliver both the timely +
investorism consistent antidote educating cure
for "asymmetric information" !!
simple interactive educating point-of-sale (POS) 1-pagers:
every investor receives the same interactive
educating point-of-sale 1-pagers,
i.e. it's like the plane specific pre-flight checklist
that a pilot is required to complete before take-off
[ i.e. transpose this to a specific point-of-sale prepurchase checklist 1-pager for each fund category: mutual, segregated, hedge, labour, ETF, etc. ]
NOTE the key difference: the pilot actually puts
his o r her own life on the line with the lives of
their passengers when they actually take off
when they pilot the plane with their
passengers into the air !!
KiSS — Keep it Simple Stupid: 1-page is an
adult's POS attention span !!
My Sept. 1994 "investorism" Point-of-Sale Interactive
Educating & Safety Protection Enhancing 1-pagers:
One-Page Pointof-Sale Fund
DON'T trust any financial well-being advice until you
a utopsy the Practice PROFILE of the financial advisor ...
who is dispensing the advice — who is actually selling products! It's simple – it’s a Know-Your-Financial Advisor 1-pager.
“The proposals for requirements for a switch disclosure
document are designed to discourage inappropriate advice
being given to consumer/investors. They are not designed to
discourage bona fide investment changes.”
—Glorianne Stromberg, Oct. 1998, Sections 21.1 and 21.2,
INVESTMENT FUNDS IN CANADA AND CONSUMER PROTECTION:
STRATEGIES FOR THE MILLENNIUM
"The question is not what you look at
but what you see."
The 2001 Nobel Economics Award recognized the
1974 thesis of "Asymmetric...