Welcome to The Fat Wallet Show! It’s our maiden voyage, and we’re happy to have you on board. We’re excited to introduce uncertainty, irreverence and the subtle art of asking questions to your portfolio.
Phrases like, “I’m not sure” or, “Let me look that up and get back to you” or, “I don’t know” don’t exist in the financial services industry. If you ever had a financial question you were too embarrassed to ask, you know what we’re talking about. In this business, appearances matter, and nobody wants to seem like they don’t know how things work or what the outlook is for the buchu industry. It’s easy to excuse that little vanity, except that people in the investment industry are meant to service investors - people like you and me who need to figure out what to do with our money.
The Fat Wallet Show is a show about questions. It’s about admitting that we don’t know everything, but that we’re willing to learn. Most of all, it’s about understanding as much as we can to make us all better investors.
In this episode we discuss what structured products are and whether they’re something individual investors should be thinking about. We talk about people who are smarter than us, people who like to pretend they’re smarter than us, tulips and rich people. It’s a lot more fun than structured products have any right to be.
There’s no such thing as a stupid question in this show. If you have unanswered financial questions, this is your opportunity to have them answered in a way that even I can understand. Pop them to us at ask@justonelap.com.