Zagat had this article in their newsletter. I read it with a little amusement, but it also gave me reason to think.
The premise is simple, and not surprising: people don't pay attention and surprise -- charges are added to their bill. It's a scenario that crosses this desk almost every day when I look at various news stories. You don't know what you're paying for, and when the final bill comes it is a lot higher than you expected. Sometimes doing your due diligence is as easy as reading the menu. And yet, even when it's that simple, it doesn't happen.
This article by the Business Edge in Canada talks about how little due diligence is done, just enough to survive and prevent fraud but not much more than that. Canadian investors know what they should be doing but they aren't doing it. Why should American investors be any different?
When it comes to making sure you're using your money to its best, due diligence really does start at the dinner table.
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