Tweets on 2009-06-15

Mutual funds are a grossly mis-sold, mis-positioned, and mis-communicated financial product in India — Dipen Seth, Money Today, June 25, 2009.

Add misunderstood to that list. Add Unit Linked Insurance Plans (ULIPs) to that list.

Further reading:

1. Tweets on 2007-11-01
2. Tweets on 2008-09-25
3. Bad Jargon, Lame Product, Lame Advertising: Bharti AXA’s AspireLife Unit-Linked Insurance Plan
4. Lame Finance: How Does Combining Insurance and Investment Benefit You?
5. Lame Finance: The Wealthsurance Foundation Plan — A True Financial Weapon of Mass Destruction

Tagged as: mutual funds, tweets, ULIPs