Are they made using ‘financial instruments’– and has anyone ever seen one?

Whenever these words are mentioned, nobody seems to ask what they are, its like an omerta, bullshit baffles brains , i have asked an ‘advisor’ he got very irritated by my questions…. you are supposed to just accept what they say!

You’ve got the wrong advisor.

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non the wiser– a fancy term for a gamble, rather back a horse

non the wiser– a fancy term for a gamble, rather back a horse

Sounds like good pension planning 🙂

It’s really not that difficult or misleading. It’s just a term used to capture the numerous types/ways to own assets (or debt, since a loan agreement, for example, is a financial instrument). The thing that financial instruments tend to have in common (compared to other assets) is that they are easily tradable.

In essence, all financial planning is a gamble to a certain extent. However, not planning is an even bigger gamble.

To be fair, if your FA was unable to explain what a financial instrument is, you defo need a new FA. My mum could probably explain it.