1 reviews | Active since Nov 2021
My mother invested her money in a fixed deposit for a year and she was receiving her interest every month which was amounting to R13000 per month and at the end of the year when she went to review her investment a financial advisor told her that her money is not growing in a fixed deposit and that she should invest in Absa AIMS. She was told she would R 16000 and also a lump sum of R100000 at the end of the year which she can reinvest or use. Now when we went to check the investment her money has decreased from the initial investment amount the lady says she no longer will be receiving the R100000 and instead of her money growing it has decreased. I need help because all that my elderly mother was told was lie how can she invest money only for it to not grow and for it to decrease
Best regards,
Best regards,
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